Our Publications

This is a list of selected publications by the core members of this Research Centre. Please visit members’ Personal Websites for full lists of publications and working papers. 

Journal Articles

Pan, J., Shachat, J. and Wei, S. (Forthcoming). Cognitive stress and learning economic order quantity inventory management: An experimental investigation. Decision Analysis. 

Shachat, J., Walker, M. J. and Wei, L. (2021b). The impact of an epidemic: Experimental evidence on preference stability from Wuhan. American Economic Review - Papers and Proceedings. Vol. 111, 302-06.

Gu, A., and Yoo, H. I. (2021). Prospect Theory and mutual fund flows. Economics Letters, 201, 109776.

Doiron, D., and Yoo, H. I. (2020). Stated preferences over job characteristics: A panel study. Canadian Journal of Economics, 53(1), 43-82.

Harrison, G. W., Lau, M. I., and Yoo, H. I. (2020). Risk attitudes, sample selection, and attrition in a longitudinal field experiment. Review of Economics and Statistics, 102(3), 552-568.

Moffat, J., and Yoo, H. I. (2020). Religion, religiosity and educational attainment: evidence from the compulsory education system in England. Applied Economics, 52(4), 430-442.

Harrison, G. W., Lau, M. I., and Ross, D. (2020). The risk of gambling problems in the general population: A reconsideration. Journal of Gambling Studies, 36(4), 1133-1159.

Pan, J., Shachat, J. and Wei, S. (2020). Cognitive reflection and economic order quantity inventory management: An experimental investigation. Managerial and Decision Economics41(6): 998-1009.

Rosenberger, L. A., Naef, M., Eisenegger, C., & Lamm, C. (2020). Interpersonal distance adjustments after interactions with a generous and selfish trustee during a repeated trust game. Journal of Experimental Social Psychology, 90, 104001.

Heinrich, T. and Shachat, J. (2020). The development of risk aversion and prudence in Chinese children and adolescents. Journal of Risk and Uncertainty 61(3), 263-287.

Yan, J., and Yoo, H. I. (2019). Semiparametric estimation of the random utility model with rank-ordered choice data. Journal of Econometrics, 211(2), 414-438.

Gu, J., Mueller A., Nielsen I., Shachat J., and Smyth R. (2019). Improving intergroup relations through actual and imagined contact: Field experiments with Malawian shopkeepers and Chinese migrants. Economic Development and Cultural Change, 68(1), pages 273-303.

Charness, G., Naef, M., & Sontuoso, A. (2019). Opportunistic conformism. Journal of Economic Theory, 180, 100-134.

Pan, J., Webb, C.S. & Zank, H. (2019). Delayed Probabilistic Risk Attitude: A Parametric Approach. Theory and Decision, 87(2): 201-232.

Andersen, S., Cox, J. C., Harrison, G. W., Lau, M. I., Rutström, E. E., & Sadiraj, V. (2018). Asset integration and attitudes toward risk: Theory and evidence. Review of Economics and Statistics, 100(5), 816-830.

Harrison, G. W., Jessen, L. J., Lau, M. I., & Ross, D. (2018). Disordered gambling prevalence: Methodological innovations in a general Danish population survey. Journal of Gambling Studies, 34(1), 225-253.

Andersen, S., Harrison, G. W., Lau, M. I., & Rutström, E. E. (2018). Multiattribute utility theory, intertemporal utility, and correlation aversion. International Economic Review, 59(2), 537-555.

Shachat, J. and Zhang Z. (2017). The Hayek Hypothesis and long-run competitive equilibrium: An experimental investigation. Economic Journal,127(599), 199–228.

Doiron, D., and Yoo, H. I. (2017). Temporal stability of stated preferences: the case of junior nursing jobs. Health economics, 26(6), 802-809.

Antoniou, C., Harrison, G. W., Lau, M. I., & Read, D. (2017). Information characteristics and errors in expectations: Experimental evidence. Journal of Financial and Quantitative Analysis, 52(2), 737-750.

Harrison, G. W., Lau, M. I., Ross, D., & Swarthout, J. T. (2017). Small stakes risk aversion in the laboratory: A reconsideration. Economics Letters, 160, 24-28.

Hole, A. R., and Yoo, H. I. (2017). The use of heuristic optimization algorithms to facilitate maximum simulated likelihood estimation of random parameter logit models. Journal of the Royal Statistical Society: Series C (Applied Statistics),66(5), 997-1013.

Oviedo, J. L., & Yoo, H. I. (2017). A latent class nested logit model for rank-ordered data with application to cork oak reforestation. Environmental and Resource Economics, 68(4), 1021-1051.

Gu, J., Nielsen I., Shachat J., Smyth R., and Peng Y. (2016). An experimental study of the effects of intergroup contact on attitudes in urban China. Urban Studies, 53(14), 2991–3006.

Naga, R. H. A., Shen, Y., & Yoo, H. I. (2016). Joint hypothesis tests for multidimensional inequality indices. Economics Letters, 141, 138-142.

Hansen, J. V., Jacobsen, R. H., & Lau, M. I. (2016). Willingness to pay for insurance in Denmark. Journal of Risk and Insurance, 83(1), 49-76.

Shachat, J. and Tan L. (2015). An Experimental Investigation of Auctions and Bargaining in Procurement. Management Science, 61(5), 1036–1051.

Shachat, J., Swarthout J. T., and Wei L. (2015). A hidden Markov model for the detection of pure and mixed strategy play in games. Econometric Theory, 31 (04), 729–752.

Geng, S., Peng Y., Shachat J., and Zhong H. (2015). Adolescents, cognitive ability, and minimax play. Economics Letters, 128, 54–58.

Pan, J., Webb, C.S. & Zank, H. (2015). An Extension of Quasi-hyperbolic Discounting to Continuous Time. Games and Economic Behavior, 89: 43-55.

Moffat, J., & Yoo, H. I. (2015). Who are the unemployed? Evidence from the United Kingdom. Economics Letters, 132, 61-64.

Antoniou, C., Harrison, G. W., Lau, M. I., & Read, D. (2015). Subjective Bayesian Beliefs. Journal of Risk and Uncertainty, 50(1), 35-54.

Di Girolamo, A., Harrison, G. W., Lau, M. I., & Swarthout, J. T. (2015). Subjective belief distributions and the characterization of economic literacy. Journal of Behavioral and Experimental Economics, 59, 1-12.

Book Chapters

Lau, M. I., Yoo, H. I. and Zhao, H. (2021). Temporal Stability of Cumulative Prospect Theory. In Models of Risk Preferences: Descriptive and Normative Challenges. Harrison, G. W. & Ross, D Bingley, UK: Emerald, Research in Experimental Economics.

Fiebig, D.G. & Yoo, H. I. (2019). Econometrics of Stated Preferences. In The Oxford Encyclopedia of Health Economics. Jones, Andrew M. Oxford: Oxford University Press.