Nobel Prize Recipients Gather in Lindau

This year, the 8^th Lindau Nobel Meeting in Economic Sciences welcomed to Lake Constance an illustrious group of participants, including some twenty Nobel Prize recipients, such as Joseph E. Stiglitz (recipient in 2001), Jean Tirole (2014), and Douglas W. Diamond (2022), in addition to former European Central Bank president and former Italian prime minister Mario Draghi. They were in good company, with around 280 junior scientists and academics coming together from all over the world to discuss the challenges that international economic research is currently facing.

This included support from WHU – Otto Beisheim School of Management and the WHU Foundation. Eight talented young researchers from the school, including doctoral candidates and assistant professors from a wide range of disciplines (economics, management, supply chain management, and finance and accounting), were in attendance: Assistant Professor Lisa Hillmann, Mustafa Kilinc, Sadi Kurt, Assistant ProfessorJiachun Lu, Leoni Mendler, Alexander Rose, Assistant Professor Barbara Stage, and Jan Walsken.

A spotlight on global challenges: artificial intelligence, geopolitical conflict, and China

At the Lindau Nobel Meeting in Economic Sciences, participants gained comprehensive insights into the most pertinent topics in research and interacted directly with Nobel Prize recipients. Discussions were centered around a variety of topics, including the economic implications of China’s advancing up the ladder, as well as the consequences that conflicts, such as the war currently playing out on Ukrainian soil or the widespread use of artificial intelligence, can have on global markets. And the event’s presentations, panel discussions, and breakout sessions bore new research partnerships and valuable new ideas for international research.

WHU’s panel on tax avoidance: Ideas for international regulation

A highlight of the meeting’s agenda was the “Fight Against Profit Sharing – the Role of Anti-Avoidance Rules” panel discussion organized by WHU and the WHU Foundation. Moderated by Professor Burcin Yurtoglu (Chair of Corporate Finance), the event saw Sir Oliver Hart (recipient in 2016) of Harvard University and Assistant Professors Lisa Hillmann and Barbara Stage of WHU discuss both the effectiveness and the limitations of the international measures taken to prevent tax avoidance. This was a particularly pertinent subject matter, noted Professor Yurtoglu, who highlighted that the panel resulted in findings also applicable to other global topics, such as ESG-regulation, climate change, or complex global stakeholder management. And that is because tax regulations can serve as a model for international coordination efforts and for finding equilibrium between the interests of various stakeholders (including governments, companies, and civilians).

“The Lindau Nobel Meeting is a unique forum that allows for a direct exchange between leading minds in science and the next generation of researchers,” said Professor Yurtoglu. “That dialogue is invaluable to the academic community, as it allows us to share knowledge, to explore new perspectives, and to create new networks that have an effect extending far beyond the conference itself. We are delighted that WHU was represented by such a strong group and was able to contribute to the discourse.”

More information on the 8th Lindau Nobel Meeting in Economics can be found here.

Cover photo: Christian Flemming; Photo 1: Torben Nuding; Photo 2: WHU; Photo 3: Christian Flemming; Photo 4: J. Vernon Henderson, Adam Storeygard, David N. Weil