Students give a presentation for the Central Government Audit Service (ADR) at the Ministry of Finance

Maria Russy, Maria Georgieva, Joris Adolfsen, Ardea Zijlstra, and Sander Kraaij

On Monday 3 December, students from Erasmus School of Economics held a presentation for the Central Government Audit Service (ADR) at the Ministry of Finance. For their seminar Applied Behavioural Economics, they got the assignment to propose a solution for the ADR to increase its impact. Four teams had proposed such solutions and the best team - whose members were Maria Russy, Maria Georgieva, Joris Adolfsen, Ardea Zijlstra, and Sander Kraaij - was invited to present their ideas to the general director, deputy director, and all the Lead Financial Auditors of the ADR.

In the seminar Applied Behavioural Economics, master students work on “real problems” faced by ministries, public organisations, and companies. They get the assignment to propose solutions to  these problems by applying behavioural economics. It makes the seminar applied behavioural economics very intensive, but exciting as well. Since the creation of the seminar in 2012, ESE students have been helping public and private organisations on more than 40 problems. This year alone, they have been working on promoting house insulation with the Ministry of Economic Affairs and Climate Policy, measuring risk attitudes with Aegon, preventing tuition fee arrears with the Ministry of Education, Culture, and Science, and many other challenging questions.