James C. Cox

Last updated

James Connor Cox (born May 29, 1943) is an American economist. He currently is the Noah Langdale Jr. Chair in Economics and Georgia Research Alliance Eminent Scholar at Georgia State University. [1] He is the Founding Director of the Experimental Economics Center at Georgia State. [2] His research focus is experimental economics, especially theory-testing experiments and experimental methods. Professor Cox is a pioneer in experimental economics [3] and a prominent contributor to the creation and internationalization of the Economic Science Association and creation of its flagship journal, Experimental Economics. [4] [5]  

Contents

Honors and offices

President of the Economic Science Association, 1997-1999 [6] and President of the Southern Economic Association, 2010-2011. [7] Inaugurated as Fellow of the Economic Science Association in 2024 [8] and Distinguished Fellow of Southern Economic Association in 2023. [9]

Biography

James C. Cox is married and has two sons and two granddaughters. He obtained his BA in economics from the University of California, Davis in 1965 and MA and PhD in economics from Harvard University in 1968 and 1971. He has been a faculty member at the University of Massachusetts, Amherst (1970 – 1977) and the University of Arizona (1977 – 2005) where he was Arizona Public Service Professor and Director of the Economic Science Lab.

After moving to Georgia State University, Professor Cox led creation and development of the Experimental Economics Center (ExCEN). Activities of ExCEN have included National Science Foundation supported development and dissemination of EconPort, an early online site providing experiment software and materials for teaching. [10] ExCEN has organized multiple national and international conferences including FUR XV [11] and the NSF sponsored Eighth Biennial Meeting of the Social Dilemmas Working Group. [12] ExCEN continues to provide facilities for research experiments [13] [14] and development of teaching support materials. [15]  

Professor Cox has conducted research in many topic areas ranging from experimental methods to theory-testing experiments to theoretical modeling to mathematical economics to public policy to legal theory and social epistemology. His research is widely cited. [16] A novel output from his collaborative research is development of a patented clinical decision support system for hospital discharge decision making.

Patent

Co-inventor (with Vjollca Sadiraj, Kurt E. Schnier, and John F. Sweeney) of United States Letters Patent No. US 10,622,099 B2 for “Systems and Methods for Supporting Hospital Discharge Decision Making.” [17]

Selected publications

Related Research Articles

<span class="mw-page-title-main">Econometrics</span> Empirical statistical testing of economic theories

Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships." Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today.

<span class="mw-page-title-main">Vernon L. Smith</span> American economist and Nobel laureate (born 1927)

Vernon Lomax Smith is an American economist who is currently a professor of economics and law at Chapman University. He was formerly the McLellan/Regent’s Professor of Economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center. Along with Daniel Kahneman, Smith won the 2002 Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and his work in the field of experimental economics, which helped establish “laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms”.

<span class="mw-page-title-main">Behavioral economics</span> Academic discipline

Behavioral economics is the study of the psychological factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory.

<span class="mw-page-title-main">Gérard Debreu</span> French economist and mathematician

Gérard Debreu was a French-born economist and mathematician. Best known as a professor of economics at the University of California, Berkeley, where he began work in 1962, he won the 1983 Nobel Memorial Prize in Economic Sciences.

<span class="mw-page-title-main">Experimental economics</span> Method used to study economic questions

Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate subjects, in order to mimic real-world incentives. Experiments are used to help understand how and why markets and other exchange systems function as they do. Experimental economics have also expanded to understand institutions and the law.

<span class="mw-page-title-main">Kenneth Binmore</span> English mathematician and game theorist born 1940

Kenneth George "Ken" Binmore, is an English mathematician, economist, and game theorist, a Professor Emeritus of Economics at University College London (UCL) and a Visiting Emeritus Professor of Economics at the University of Bristol. As a founder of modern economic theory of bargaining, he made important contributions to the foundations of game theory, experimental economics, evolutionary game theory and analytical philosophy. He took up economics after holding the Chair of Mathematics at the London School of Economics. The switch has put him at the forefront of developments in game theory. His other interests include political and moral philosophy, decision theory, and statistics. He has written over 100 scholarly papers and 14 books.

<span class="mw-page-title-main">John A. List</span> American economist

John August List is an American economist known for his work in establishing field experiments as a tool in empirical economic analysis. Since 2016, he has served as the Kenneth C. Griffin Distinguished Service Professor of Economics at the University of Chicago, where he was Chairman of the Department of Economics from 2012 to 2018. Since 2016, he has also served as Visiting Robert F. Hartsook Chair in Fundraising at the Lilly Family School of Philanthropy at Indiana University. In 2011, List was elected to the American Academy of Arts and Sciences, and in 2011, he was elected a Fellow of the Econometric Society. In 2024, Omicron Delta Epsilon, the international honor society for economics, gave List the biennial John R. Commons Award.

The goals of experimental finance are to understand human and market behavior in settings relevant to finance. Experiments are synthetic economic environments created by researchers specifically to answer research questions. This might involve, for example, establishing different market settings and environments to observe experimentally and analyze agents' behavior and the resulting characteristics of trading flows, information diffusion and aggregation, price setting mechanism and returns processes.

<span class="mw-page-title-main">Economic methodology</span> Subfield of economics

Economic methodology is the study of methods, especially the scientific method, in relation to economics, including principles underlying economic reasoning. In contemporary English, 'methodology' may reference theoretical or systematic aspects of a method. Philosophy and economics also takes up methodology at the intersection of the two subjects.

David Knudsen Levine is an American economist. He is the Leverhulme International Professor of Economics at Royal Holloway, University of London; Robert Schuman Center for Advanced Study Joint Chair at the European University Institute; and the John H. Biggs Distinguished Professor of Economics Emeritus at Washington University in St. Louis. He previously taught at UCLA where he held the Armen Alchian Chair in Economic Theory and twice served as Chair of the Department. His research includes the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, social norms and institutions, learning in games, and game theory applications to experimental economics.

Robert Mark Isaac is an American academic who uses experimental economics to address basic microeconomic problems. His work has provided new empirical insights for many traditional economic problems, particularly cooperation and collective action problems.

Paul David Klemperer FBA is an economist and the Edgeworth Professor of Economics at the Department of Economics, Oxford University. He is a member of the Klemperer family. He works on industrial economics, competition policy, auction theory, and climate change economics and policy.

<span class="mw-page-title-main">Alvin E. Roth</span> American economist (born 1951)

Alvin Eliot Roth is an American academic. He is the Craig and Susan McCaw professor of economics at Stanford University and the Gund professor of economics and business administration emeritus at Harvard University. He was President of the American Economic Association in 2017.

<span class="mw-page-title-main">Ehud Kalai</span> American economist

Ehud Kalai is a prominent Israeli American game theorist and mathematical economist known for his contributions to the field of game theory and its interface with economics, social choice, computer science and operations research. He was the James J. O’Connor Distinguished Professor of Decision and Game Sciences at Northwestern University, 1975–2017, and currently is a Professor Emeritus of Managerial Economics and Decision Sciences.

The methodology of econometrics is the study of the range of differing approaches to undertaking econometric analysis.

<span class="mw-page-title-main">Shyam Sunder (economist)</span> American accounting theorist and experimental economist

Shyam Sunder is an accounting theorist and experimental economist. He is the James L. Frank Professor of accounting, economics, and finance at the Yale School of Management; a professor in Yale University’s Department of Economics; and a Fellow of the Whitney Humanities Center.

The Exeter Prize is an economics prize of the University of Exeter Business School, which has been awarded since 2012. The Exeter Prize is awarded to the best paper published in the previous calendar year in a peer-reviewed journal in the fields of Experimental Economics, Decision Theory and Behavioural Economics.

James Andreoni is a Professor in the Economics Department of the University of California, San Diego where he directs the EconLab. His research focuses on behavioral economics, experimental economics, and public economics. Andreoni is well known for his research on altruism, and in particular for coining the term warm-glow giving to describe personal gains from altruistic acts. Andreoni's research uses a mixture of economic theory, experiments, and standard analysis of survey data to explore a variety of topics including: moral decision making, time preferences, charitable giving and altruistic decisions. His research has been described as expanding “our understanding of donors and charities and our broader understanding of public goods and expenditures.”

Glenn W. Harrison is an Australian economist who is the C.V. Starr Chair of Risk Management & Insurance and Director of the Center for the Economic Analysis of Risk in the Department of Risk Management & Insurance, J. Mack Robinson College of Business, Georgia State University.

Eva Elisabet Rutström is a Swedish born experimental economist, and an accomplished field researcher in individual decision making and interactive group behaviors. Over the last 40 years she has worked as an instructor and researcher at universities in Canada, the United States, and Sweden. She currently serves as the program director of field experiments at Georgia State University’s Robinson College of Business.

References

  1. ↑ Biography page at Andrew Young School of Policy Studies Archived 10 October 2024 at the Wayback Machine .
  2. ↑ Experimental Economics Center Homepage Archived 10 October 2024 at the Wayback Machine .
  3. ↑ Svorenčík, Andrej (2021-04-03). "The Driving Forces Behind the Rise of Experimental Economics". Review of Political Economy. 33 (2): 344–361. doi:10.1080/09538259.2020.1841384. ISSN   0953-8259.
  4. ↑ Svorenčík, Andrej (2015). “The Experimental Turn in Economics: A History of Experimental Economics”. Ph.D. thesis, University of Utrecht. Archived 11 November 2024 at the Wayback Machine .
  5. ↑ The History of the Economic Science Lab Interview Project Archived 10 October 2024 at the Wayback Machine .
  6. ↑ Past Presidents of the Economic Science Association Archived 10 October 2024 at the Wayback Machine .
  7. ↑ Past Presidents of the Southern Economic Association Archived 10 October 2024 at the Wayback Machine .
  8. ↑ Fellow of the Economic Science Association Archived 10 October 2024 at the Wayback Machine .
  9. ↑ Distinguished Fellows of the Southern Economic Association Archived 10 October 2024 at the Wayback Machine .
  10. ↑ Econport Homepage Archived 10 October 2024 at the Wayback Machine .
  11. ↑ Foundations and Applications of Utility, Risk and Decision Theory (FUR) XV International Conference Archived 10 October 2024 at the Wayback Machine .
  12. ↑ Eighth Biennial Meeting of the Social Dilemmas Working Group Archived 10 October 2024 at the Wayback Machine .
  13. ↑ Experimental Economics Center Laboratory Archived 10 October 2024 at the Wayback Machine .
  14. ↑ Software at Experimental Economics Center Archived 10 October 2024 at the Wayback Machine .
  15. ↑ Leading the Way with Online Learning at Experimental Economics Center Archived 10 October 2024 at the Wayback Machine .
  16. ↑ Google Scholar Page of Dr. James C. Cox
  17. ↑ United States Patent US 10,622,099 B2
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.