For years, researchers have tried to prove whether or not the hot hand fallacy really exists. Some gamblers have claimed that they believe in the hot hand fallacy, as many said that when they get a hot hand, they’re more likely to go on a winning streak. And although some NBA basketball players believe when
Economic Science Institute’s research on aging and skill development appears as the lead article in the latest issue of American Journal of Physical Anthropolog y. Eric Schniter, Ph.D. , clinical assistant professor, at Chapman University’s Economic Science Institute in the Argyros School of Business and Economics , is the lead author on the study, called
Chapman University’s Economic Science Institute (ESI) hosted eight undergraduate and graduate students to participate as IFREE Summer Scholars. This five-week program, generously sponsored by the International Foundation for Research in Experimental Economics (IFREE) and the Thomas W. Smith Foundation, allows students firsthand experience to explore and advance their knowledge in economics research, history, and philosophy.
In my two years at Chapman’s Economic Science Institute, I had the opportunity to work on a variety of cutting edge research in experimental economics and market design. These projects included experiments on endogenous liquidity creation modeled on the bitcoin cryptocurrency, pilot experiments designed to develop a market mechanism enabling residents to trade excess water
Jan. 6th-10th , the Economic Science Institute , with a generous grant from the International Foundation for Research in Experimental Economics (IFREE) , hosted 23 doctoral students from universities all over the world for the 20th Visiting Graduate Student Workshop in Experimental Economics. In a series of 11 sessions, the students first participated in
Chapman University’s Nobel Laureate Vernon Smith (Economics 2002) will participate in a public talk hosted by the Directors Roundtable and Chapman’s Economic Science Institute later this month. Professor Smith is the keynote speaker at this free talk at the event called “A Dialogue with Nobel Laureate Vernon Smith: The Impact of both Current
June 15-21, 2014 The Economic Science Institute hosted a one week-long International Foundation for Research in Experimental Economics (IFREE) and Thomas W. Smith Foundation sponsored workshop on experimental economics for high school students from all over the nation. Taught by a visiting instructor, Kyle Hampton, Ph.D., assistant professor of economics and director of the Center for Economic Education at the University
What initially drew me to the Masters of Science in Economic Systems Design (MSESD) at the Economic Science Institute (ESI) at Chapman University was my interest in the economic sub-disciplines of game theory, experimental economics, and behavioral economics. My undergraduate advisor, Garrett Milam from the University of Puget Sound, introduced me to these sub-disciplines and
Jan. 7th-11th , the Economic Science Institute, with a generous grant from the International Foundation for Research in Experimental Economics (IFREE) , hosted 23 doctoral students from universities all over the world for the 19th Visiting Graduate Student Workshop in Experimental Economics. In a series of 10 sessions, the students first participated in an economic
Abstract: The social dilemma paradigm is popular across many domains of the social sciences because it is a metaphor for understanding the practically significant problem of resource scarcity in organizations, communities, and nations. However, there is a “significant difference” between findings being statistically significant and practically significant. Using the population of empirical social-dilemma articles published from
Value computation and value modulation: a dual-process theory of self-control Abstract: We develop a theory of self-control based on a dual process approach. One brain system computes the goal value of consumption and another brain system can modulate this value by exerting costly self-control, thereby incorporating high-order considerations in the decision (e.g., healthiness or long
Watch lecture Abstract: All elements of the defense department’s budget face scrutiny as military funding decreases. Military compensation is an attractive target because it represents approximately one third of the defense budget. Our research examines mechanisms to improve several areas of military compensation, particularly emphasizing retention, separation, and assignment incentives. This paper proposes a reverse