Research

Working Papers

  1. Peng, Y., Shachat, J., Wei, L., & Zhang, S.S. (2020). Speed traps: Algorithmic trader performance under alternative market structures. 

  2. Guo, Y., Shachat, J., Walker, M.J. & Wei, L. (2020). Viral social media videos can raise pro-social behaviours when an epidemic arises. Invited revision submitted to Journal of the Economic Science Association

  3. Shachat, J., Walker, M. J., & Wei, L. (2020). The impact of the Covid-19 pandemic on economic behaviours and preferences: Experimental evidence from Wuhan.

  4. Walker, M.J., Katok, E., & Shachat, J. (2020). "Trust and trustworthiness in procurement contracts with retainage." Revision requested by Management Science

  5. Neugebauer, Tibor, Jason Shachat, and Wiebke Szymczak (2020). “A test of theModigliani-Miller theorem, dividend policy and algorithmic arbitrage inexperimental asset markets”. 

  6. Angerer, Martin & Neugebauer, Tibor & Shachat, Jason, (2019). "Arbitrage bots in experimental asset markets."

  7. Shachat, Jason & Tan, Lijia, (2019). "How auctioneers set ex-ante and ex-post reserve prices in English Auctions." Invited revision submitted to Production and Operations Manaegement

  8. Huefer, J., J. Shachat, Y. Xu (2018). "Measuring tastes for equity and aggregate wealth behind the veil of ignorance."
  9. Pan, J., J. Shachat, and S. Wei (2018). “Cognitive stress and learning economic order quantity (EOQ) inventory management: An experimental investigation.” Revision requested by Decision Analysis
  10. Bossaert, P., J. Shachat, and K. Xie (2018). “Arbitrage opportunities: Anatomy and remediation.” Revision requested by Journal of Finance.
  11. Shachat, J. and L. Wei (2013, revised 2017). “Discrete rule learning and the bidding of the sexes.”
  12. Shachat, J. and H. Wang (2014). “Are You Experienced?" Revision requested by Review of Behavioral Economics
  13. Shachat, J. and A. Srivinasan (2011). “Informational price cascades and non-aggregation of asymmetric information in experimental asset markets.”
  14. Gjerstad, S. and J. M. Shachat (2007). “Individual Rationality and Market Efficiency” Purdue University, Department of Economics.

 

Journal Articles

  1. Shachat, J., M. Walker, and L. Wei (forthcoming). The impact of an epidemic: Experimental evidence on preference stability from Wuhan. American Economic Review - Papers and Proceedings. 

  2. Heinrich, T. and J. Shachat (forthcoming). “The development of risk aversion and prudence in Chinese children and adolescents”  Journal of Risk and Uncertainty

  3. Pan, J, Shachat, J, Wei, S. (2020). Cognitive reflection and economic order quantity inventory management: An experimental investigation.Managerial and Decision Economics. 41: 998– 1009.

  4. Gu, J., A. Mueller, I. Nielsen, J. Shachat, and R. Smyth (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.
  5. Shachat, J. and Z. Zhang (2017). The Hayek Hypothesis and long-run competitive equilibrium: An experimental investigation. Economic Journal 127(599), 199–228.
  6. Gu, J., I. Nielsen, J. Shachat, R. Smyth, and Y. Peng (2016). An experimental study of the effects of intergroup contact on attitudes in urban China. Urban Studies 53(14), 2991–3006.
  7. Shachat, J. and L. Tan (2015). An Experimental Investigation of Auctions and Bargaining in Procurement. Management Science 61(5), 1036–1051.
  8. Shachat, J., J. T. Swarthout, and L. Wei (2015). A hidden Markov model for the detection of pure and mixed strategy play in games. Econometric Theory 31 (04), 729–752.
  9. Geng, S., Y. Peng, J. Shachat, and H. Zhong (2015). Adolescents, cognitive ability, and minimax play. Economics Letters 128, 54–58.
  10. Zhang, Z., G. Chen, and J. Shachat (2013). The Impact of Asymmetric and Public Information on Pricing Bubbles in Experimental Asset Markets. Securities Market Herald 9. (in Chinese, CSSCI), 54–61.
  11. Shachat, J. and J. T. Swarthout (2013). Auctioning the Right to Play Ultimatum Games and the Impact on Equilibrium Selection. Games 4(4), 738–753.
  12. Shachat, J. and L. Wei (2012). Procuring Commodities: First-Price Sealed-Bid or English Auctions? Marketing Science 31(2), 317–333.
  13. Shachat, J. and J. T. Swarthout (2012). Learning about learning in games through experimental control of strategic interdependence. Journal of Economic Dynamics and Control 36(3), 383–402
  14. Shachat, J. and J. T. Swarthout (2010). Procurement Auctions for Differentiated Goods. Decision Analysis 7(1), 6–22.
  15. Shachat, J. and A. Westerling (2006). Information aggregation in a catastrophe futures market. Managerial and Decision Economics 27(6), 477–495.
  16. Shachat, J. and M. Walker (2004). Unobserved heterogeneity and equilibrium: an experimental study of Bayesian and adaptive learning in normal form games. Journal of Economic Theory 114(2), 280–309.
  17. Shachat, J. and J. Todd Swarthout (2004). Do we detect and exploit mixed strategy play by opponents? Mathematical Methods of Operations Research 59(3), 359–373
  18. Rosenthal, R. W., J. Shachat, and M. Walker (2003). Hide and seek in Arizona. International Journal of Game Theory 32(2), 273–293.
  19. Huang, H., C. Keser, J. Leland, and J. Shachat (2003). Trust, the Internet, and the digital divide. IBM Systems Journal 42(3), 507–518.
  20. Shachat, J. (2002). Mixed Strategy Play and the Minimax Hypothesis. Journal of Economic Theory 104(1), 189–226.
  21. Wooders, J. and J. Shachat (2001). On the Irrelevance of Risk Attitudes in Repeated Two-Outcome Games. Games and Economic Behavior 34(2), 342–363.
  22. Cox, J. C., J. Shachat, and M. Walker (2001). An Experiment to Evaluate Bayesian Learning of Nash Equilibrium Play. Games and Economic Behavior 34(1), 11–33.
  23. Hoffman, E., G. Libecap, and J. Shachat (1998). An Experimental Investigation of the Incentives to Form Agricultural Marketing Pools. Journal of Mathematical Psychology 42(3), 287–304.

 

Other Publication

  1. Leland, J., D. Houser, and J. Shachat (2005). Measuring trust and trustworthiness. In: Trust and Entrepreneurship: A West-East Perspective. ed. by H.-H. Hohmann and F. Welter. Edward Elgar Publishing. Chap.  pp. 87–96.
  2. Noussair, C. N. and J. Shachat (2014). Experiments on Learning, Methods and Voting. Pacific Economic Review 19(3), 255–259.