Understanding Human Behavior in Economic Decision-Making Contexts
The Center and Laboratory for Behavioral Operations and Economics (CLBOE) provides researchers in operations, economics and other social and management sciences with a laboratory environment in which the object of study can be manipulated in a controlled way (much as lab techniques are used in natural sciences).
The lab houses a computer network designed to simulate business activities such as markets and negotiations. Study subjects include auctions, inventory management, bargaining and dispute resolution, electronic markets, mechanism design and decision-support systems. UT Dallas faculty and students in the Jindal School of Management are welcome to use the CLBOE for research purposes. The CLBOE is also available to demonstrate games and markets to graduate students. First priority is given to research. Contact Us for more information.
Students Participate, Earn Cash and Help Science!
UT Dallas students from all departments and disciplines can sign up to participate in our experiments. Students will earn cash for their participation and benefit from a learning opportunity. Register to receive invitations for our forthcoming experimental sessions.
Seminars of Interest at UT Dallas
- LBOE Seminar Series
- Operations and Supply Chain Management Seminar Series
- Finance Seminar and Brown-Bag Sessions Seminar Series
Page Contents
Connect With the Directors
Welcome to the Center and Laboratory of Behavioral Operations and Economics. Our intent is to have a hub for researchers and maintain a professional lab for experiments. The center emphasizes behavioral research that complements quantitative research, and we encourage you to take advantage of our facility.
Gary E. Bolton, PhD
Co-Director, Center and Laboratory for Behavioral Operations and Economics (CLBOE)
Elena Katok, PhD
Co-Director, Center and Laboratory for Behavioral Operations and Economics (CLBOE)
Our Mission
Some of the best work in behavioral research comes from the cross-pollination of concepts and methods (including outside the realm of research presently considered behavioral).The CLBOE encourages cross-pollination through researcher networking, seminars, workshops and joint grant proposals, as well as through collaborative PhD mentoring.
Most important strides in behavioral research have resulted from a focus on testing quantitative models or from using behavioral findings to fashion new quantitative models. The center builds on UTD’s strength in a quantitative approach to research targeted to top journals.
The laboratory environment is controlled and can maintain conditions that are conducive to exploring new ideas and concepts. The lab is open to use by researchers across the Jindal School of Management and beyond.
The CLBOE actively promotes the transition of software and related tools from behavioral research to interactive learning tools for the classroom. The lab also provides research opportunities to graduate and undergraduate students through collaborative efforts with research faculty.
The CLBOE promotes grant proposals to national agencies such as the National Science Foundation and private agencies such as the Russell Sage Foundation.
An important trend in behavior research is the establishment of methods to translate basic research findings into applied science. CBLOE actively promotes connections with the Dallas business community.
Members & Collaborators
| Name | Position/Title |
|---|---|
| Gary E. Bolton | Om Prakash Jindal Chair Professor of Managerial Economics Co-Director, Laboratory for Behavioral Operations and Economics (LBOE) |
| Paul Cheung | Associate Professor |
| Andrew Frazelle | Assistant Professor, Operations Management |
| Kyle Hyndman | Associate Professor of Finance and Managerial Economics |
| Elena Katok | Ashbel Smith Professor of Operations Management Co-Director, Laboratory for Behavioral Operations and Economics (LBOE) |
| Özalp Özer | Ashbel Smith Professor of Management Science |
| Anyan Qi | Assistant Professor of Operations Management |
| Simon Siegenthaler | Associate Professor of Economics |
| Ignacio Andres Rios Uribe | Assistant Professor, Operations Management |
| Name | Position/Title |
|---|---|
| Jiayu Chen | Doctoral Student, Operations Management |
| Wen Zhang | Doctoral Student, Operations Management |
| Blair Flicker | Doctoral Student, Operations Management |
| Name | School/University |
|---|---|
| Rajshree Agarwal | R.H. Smith School of Business, University of Maryland at College Park |
| Dan Ariely | The Fuqua School of Business, Duke University |
| Michael Becker-Peth | Faculty of Management, Economics and Social Sciences, University of Cologne, Germany |
| Damian R. Beil | Ross School of Business, University of Michigan at Ann Arbor |
| Uri Ben-Zion | Economics Department, Ben Gurion University, Israel |
| Jordi Brandts | Barcelona Graduate School of Economics, UAB, Spain |
| Gary B. Charness | Department of Economics, University of California at Santa Barbara |
| Kay-Yut Chen | University of Texas at Arlington |
| James C. Cox | Andrew Young School of Policy Studies, Georgia State University |
| Rachel Croson | Michigan State University |
| Andrew M. Davis | Samuel C. Johnson Graduate School of Management, Cornell University |
| Arnaud DeBruyn | ESSEC Business School, France |
| Karen Donohue | Carlson School of Management, University of Minnesota |
| Wedad Elmaghraby | R.H. Smith School of Business, University of Maryland at College Park |
| Richard Engelbrecht-Wiggans | College of Business at Illinois, University of Illinois at Urbana-Champaign |
| Uri Gneezy | Rady School of Management, University of California at San Diego (La Jolla) |
| Ben Greiner | University of Vienna |
| Glenn W. Harrison | J. Mack Robinson College of Business, Georgia State University |
| Sandy D. Jap | Goizueta Business School, Emory University |
| Emin Karagozoglu | Department of Economics, Bilkent University, Turkey |
| Anthony M. Kwasnica | Smeal College of Business, The Pennsylvania State University |
| Kathleen McGinn | Harvard Business School, Harvard University |
| Axel Ockenfels | Faculty of Management, Economics and Social Sciences, University of Cologne, Germany |
| Tava Olsen | Business School, The University of Auckland, New Zealand |
| Elie Ofek | Harvard Business School, Harvard University |
| Valery Pavlov | Business School, The University of Auckland, New Zealand |
| Peter T.L. Popkowski Leszczyc | Department of Marketing, Business Economics and Law, University of Alberta, Canada |
| Yufei Ren | Department of Economics, Union College |
| Alvin E. Roth | Stanford University |
| Timothy C. Salmon | Department of Economics, Southern Methodist University |
| Kenneth L. Schultz | Department of Operational Sciences, Air Force Institute of Technology |
| Enno Siemsen | University of Wisconsin |
| Dale O. Stahl | Economics Department, University of Texas at Austin |
| Ulrich W. Thonemann | Faculty of Management, Economics and Social Sciences, University of Cologne, Germany |
| Achim Wambach | Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW) |
| Zhixi Wan | University of Oregon |
| Peter Werner | Maastricht University |
| Yan (Diana) Wu | School of Business, University of Kansas |
| Muhamet Yildiz | Department of Economics, Massachusetts Institute of Technology |
| Cesar Zamudio | Olin Business School, Washington University in St. Louis |
| Yanchong (Karen) Zheng | MIT Sloan School of Management, Massachusetts Institute of Technology |
| Rami Zwick | The A. Gary Anderson Graduate School of Management, University of California at Riverside |
Seminars
The Center and Laboratory for Behavioral Operations and Economics (LBOE) at the Naveen Jindal School of Management at UT Dallas is privileged to host academic experts in behavioral research presenting their latest work on the most relevant topics facing our discipline today. The LBOE Seminars are held every Monday 11:30a.m. – 1:00 p.m. in JSOM 11.214 Fall and Spring semester.
For information about attending, please contact Tiffany Matthews.
Current Academic Year| Date | Name | Affiliation | Title |
|---|---|---|---|
| 09/23/2019 | Dennis Zhang | Washington University in St. Louis, Olin Business School | Customer Choice Models versus Machine Learning: Finding Optimal Product Displays on Alibaba |
| 09/30/2019 | Andrew Davis | Cornell University, SC Johnson College of Business | Managing Multilocation Demand in Supply Chains: An Experimental Investigation |
| 10/07/2019 | Erik Snowberg | California Institute of Technology | Loss Attitudes in the U.S. Population: Evidence from Dynamically Optimized Sequential Experimentation (DOSE) |
| 11/11/2019 | Zana Cranmer | Bentley University | Use less and green the rest: Lowering barriers to energy efficiency and renewable energy |
| 11/18/2019 | Cary Frydman | University of Southern California, Marshall School of Business | Efficient Coding and Risky Choice |
| 12/02/2019 | Alexander Brown | Texas A&M University |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 11/12/18 | Hyun-soo Ahn | University of Michigan | Capturing Consumer & Firm Behavior in OM Models |
| 11/17/18 | Basak Kalkanci | Georgia Institute of Technology | Bounded Rationality and Reference Dependence in Supply Chain Interactions |
| 11/26/18 | Leeat Yariv | Princeton University | Testing the Waters: Behavior across Participant Pools |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 02/18/19 | Christine Exley | Harvard Business School | Persistently Insecure: the gender gap in self-esteem |
| 02/25/19 | Ellen Peters | Ohio State University | Being objectively numerate is not enough: Good financial and medical outcomes depend on numeric confidence |
| 03/04/19 | Barry Sopher | Rutgers University | Intertemporal Planning with Subjective Uncertainty, or Anticipating Your Lazy, Disorganized Self |
| 03/11/19 | Evgeny Kagan | Johns Hopkins Carey Business School | Designing Incentives in Startup Teams: Form and Timing of Equity Contracting |
| 03/25/19 | David Rand | Massachusetts Institute of Technology | Fighting misinformation on social media using crowdsourced wisdom of new source quality and Lazy, not biased: Susceptibility to partisan fake news is better explained by lack of reasoning than motivated reasoning |
| 04/01/19 | Kaj Thomsson | Maastricht University | Holding on? Ethnic divisions, political institutions and the duration of economic declines |
| 04/08/19 | Matthew Walker | Durham University | Trust Mechanisms and Moral Hazard Mitigation in Procurement |
| 04/15/19 | Shervin Tehrani | University of Texas at Dallas | A Heuristic Approach to Explore: The Value of Perfect Information |
| 04/22/19 | Isabel Trevino | University of California, San Diego | Information choice, transparency, and coordination: An experimental study |
| 04/29/19 | Aly Megahed | IBM | 2019 INFORMS Franz Edelman Award for Achievements in Advanced Analytics, Operations Research and Management Science |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 09/18/17 | Yulia Vorotyntseva and Sina Shokoohyar | University of Texas at Dallas | Can Managers Plan Assortments? An experimental study and Project Management uner Risk-Sharing Contracts |
| 09/25/17 | David V. Budescu | Fordham University | Identifying Expertise and the Wisdom of Selected Crowds |
| 10/02/17 | Keith Ericson | Boston University | Liquidity Constraints and the Value of Insurance |
| 10/09/17 | Pelin Pekgun | University of South Carolina | Does Forecast-Accuracy Based Allocation Induce Customers to Share Truthful Order Forecasts? |
| 11/06/17 | Julian Romero | University of Arizona | Constructing Strategies in the Indefinitely Repeated Prisoner’s Dilemma Game |
| 11/27/17 | Ozge Sahin | Johns Hopkins University | Conditional Promotions and Consumer Overspending |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 01/16/18 | Drew D. Creal | University of Chicago | Multihorizon currency returns and Purchasing Power Parity |
| 01/29/18 | Sally Sadoff | University of California San Diego | Improving College Instruction through Incentives |
| 02/05/18 | Mirko Kremer | Frankfurt School of Finance and Management | Mismanaging the quality-speed tradeoff in congested environments |
| 02/12/18 | Charles Noussair | University of Arizona | Mismanaging the quality-speed tradeoff in congested environments |
| 04/02/18 | Raymond Fisman | Boston University | The stability of distributional preferences |
| 04/09/18 | Pietro Ortoleva | Princeton University | Competing Models |
| 04/16/18 | Kent Grayson | Northwestern University | Agency Relationships At 20,000 Feet |
| 04/23/18 | Tom Tan | Southern Methodist University | At Your Service on the Table: Impact of Tabletop Technology on Restaurant Performance |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 02/20/17 | Ragan Petrie | Texas A&M University | Time to Give: A Field Experiment on Intertemporal Charitable Giving |
| 02/27/17 | Justin Sydnor | University of Wisconsin – Madison | Simplifying Health Insurance Choice with Consequence Graphs |
| 03/20/17 | Achal Bassamboo | Northwestern University | Learning from Inventory Availability Information: Field Evidence from Amazon |
| 03/27/17 | Ryan Buell | Harvard Business School | Surfacing the Submerged State: Operation Transparency Increases Trust in and Engagement with Government |
| 04/03/17 | Cary Deck | University of Arkansas ; Fayetteville | The Effect of Different Cognitive Manipulations on Decision Making |
| 04/10/17 | PhD Student Presentations | Integrating Managerial Insight and Optimal Algorithms and On the value of added surcharge | |
| 04/17/17 | Ozge Sahin | Johns Hopkins University | Conditional Promotions and Consumer Overspending |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 02/01/16 | Jordan Tong | University of Wisconsin | Bounded Cognition and Representatives in Forecasting |
| 02/08/16 | Corinne Low | University of Pennsylvania | Pricing the Biological Clock: Reproductive Capital on the US Marriage Market |
| 02/15/16 | Rudy Santore | University of Tennessee, Knoxville | Whistle-blowers, Amnesty, and Managerial Fraud: An Experimental Investigation |
| 02/22/16 | Kalyan Chatterjee | Pennsylvania State University | Bilateral trading and incomplete information: The Coase conjecture in a small market |
| 04/11/16 | Tracy Liu | Tsinghua University/University of Arkansas | Selling Multiple Units: An Experimental Study |
| 04/25/16 | Victoria Prowse | Cornell University | First-place loving and last-place loathing: How rank in the distribution of performance affects effort provision |
| Date | Name | Affiliation | Title |
|---|---|---|---|
| 08/24/15 | Wolfgang Luhan | University of Bochum | Am I my peer’s keeper? Social Responsibility in Financial Decision Making |
| 09/14/15 | Tony Kwasnica | Pennsylvania State University | Aggregate Sentiment and Investment: An Experimental Study |
| 09/21/15 | Peter Coles | eBay | Income Mobility and Distribution in E-Commerce: The Case of eBay Sellers |
| 09/28/15 | Yesim Orhun | University of Michigan | Reciprocating to Strategic Kindness |
| 10/05/15 | Diana Wu | University of Kansas | Power and Fairness |
| 10/12/15 | Eugen Dimant | University of Paderborn and Harvard | On Peer Effects: Behavioral Contagion of (Un)Ethical Behavior and the Role of Social Identity |
| 11/16/15 | Guillaume Roels | UCLA Anderson School of Management | The Design of Experimental Services with Acclimation and Memory Services with Acclimation and Memory Decay: Optimal Sequence and Duration |
| Date | Name | Affiliation |
|---|---|---|
| 08/31/2015 | Wolfgang J. Luhan | University of Bochum |
| 09/14/15 | Anthony Kwasnica | PennState University |
| 09/21/15 | Peter Coles | Ebay |
| 09/28/15 | Yesim Orhun | University of Michigan |
| 10/05/15 | Diana Wu | University of Kansas |
| 10/12/15 | Eugen Dimant | University of Paderborn & Harvard University |
| 11/16/15 | Guillaume Roels | UCLA Anderson School of Management |
| Date | Name | Affiliation |
|---|---|---|
| 10/06/2014 | Sarah Jacobson | Williams College |
| 10/13/2014 | Min Ding | Pennsylvania State University Artificial Empathy |
| 10/20/2014 | Ellen P. Green | Arizona State University |
| 10/27/2014 | Bahriye Cesaret | The University of Texas at Dallas A Behavioral Study of Capacity Allocation in Revenue Management |
| 11/03/2014 | Yaroslav Rosokha | Purdue University |
| 11/10/2014 | Jason Aimone | Baylor University |
| 11/17/2014 | Basak Kalkanci | Georgia Tech University |
| 12/01/2014 | Anya Samek | University of Wisconsin-Madison |
| 03/02/2015 | Nikolay Osadchiy | Emery University Behavioral Anomalies in Consumer Wait-or-Buy Decisions and Their Implications for Market Management |
| 03/09/2015 | Christos A. Ioannou | University of Southampton An Experimental Study of Uncertainty in Coordination Games |
| 03/23/2015 | Karen Y. Zheng | MIT Sloan School of Management |
| 03/30/2015 | Danila Serra | Southern Methodist University |
| 04/06/2015 | Sheen S. Levine | University of Texas at Dallas |
| 04/13/2015 | John H. Kagel | Ohio State University |
| 04/20/2015 | Yesim Orhun | University of Michigan |
| 04/27/2015 | Diana Wu | University of Kansas |
| Date | Guest Lecturer | Presentation Title |
|---|---|---|
| 04/28/2014 | Tanjim Hossain, University of Toronto’s Rotman School of Management. | |
| 04/07/2014 | Xuanming Su, University of Pennsylvania Wharton School. | |
| 03/24/2014 | Anna Popova | A Multi-Peaked Model of Preferences |
| 03/17/2014 | Erkut Ozbay, University of Maryland, Department of Economics | How Do Elected and Appointed Policymakers Act When in Office? Experimental Evidence on Citizens, Candidates, and Leaders. |
| 03/03/2014 | Saurabh Bansal, PennState’s SMEAL College of Business | |
| 02/24/2014 | Rami Zwick, University of California, Riverside; School of Business Administration | “Pay What You Want” as Threshold Public Good Provision |
| 02/17/2014 | Tim Salmon, Southern Methodist University’s Department of Economics | Sabotage vs Discouragement: Which Dominates Post Promotion Tournament Behavior? |
| 02/10/2014 | Bernhard Ganglmair, The University of Texas at Dallas, Naveen Jindal School of Management | Dynamic Information Sharing: An Experiment |
| 02/03/2014 | Jordi Brandts, Barcelona Graduate School of Economics | Stand by Me: Experiments on Help and Commitment in Coordination Games |
| 01/27/2014 | Andy Schotter, New York University, Center for Experimental Social Science | Matching and Chatting: An Experimental Study of the Impact of Network Communication on School-Matching Mechanisms |
| 12/02/2013 | Tony Cui, University of Minnesota, Carlson School of Management | Fairness Ideals in Distribution Channel |
| 11/18/2013 | Avi Goldfarb, University of Toronto; Rotman School of Management | When to Exit: Limited Rationality in Firm Decisions |
| 11/11/2013 | Noah Myung, Naval Postgraduate School | The Combinatorial Retention Auction Mechanism |
| 11/04/2013 | Anton Ovchinnikov, University of Virginia, Darden School of Business | Insights in ‘Environmental Taxes and the Choice of Green Technology’ and ‘Coordinating Pricing and Supply of Public Interest Goods Using Rebates and Subsidies’ |
| 10/28/2013 | Zhixi Wan, University of Illinois, College of Business | Using Procurement Service Providers in Supplier Screening |
| 10/21/2013 | John Morgan , University of California, Berkeley; Haas School of Business | Strategic and Natural Risk in Entrepreneurship: An Experimental Study. |
| 10/14/2013 | Yan Chen, University of Michigan, School of Information | From Boston to Chinese Parallel to Deferred Acceptance: Theory and Experiments on a Family of School Choice Mechanisms |
| 09/30/2013 | Lijia Tan, Wang Yanan Institute for Studies in Economics, China. | An experimental investigation of auctions and bargaining in procurement |
| 09/23/2013 | Kay-Yut Chen, HP Labs | Bounded Rationality in Operations: Theory, Experiment, and Practice |
| 09/09/2013 | Weded Elmaghraby, University of Maryland, Robert H. Smith School of Business | The Impact of Starting Price and Inventory on Auction Prices: Evidence from a Field Experiment in Online B2B Secondary Market Auctions |
| Date | Guest Lecturer |
|---|---|
| 11/13/2012 | Ben Greiner (UNSW), 11:30 a.m. – 1 p.m., JSOM 1.302 “Bargaining, Asymmetric Information and Communication An Experiment” |
| 11/12/2012 | Enno Siemsen (University of Minnesota), 11:30 a.m.- 1 p.m., JSOM 1.517 “The Sum and Its Parts: A Behavioral Investigation of Top-Down and Bottom-Up Forecasting Processes” |
| 10/19/2012 | Damian Beil (University of Michigan), 1:30 p.m. – 3:30 p.m., JSOM 2.115 “The Role of Cost Modeling in Competitive Bid Procurement” |
Using the Laboratory
How to conduct an experiment at LBOE
Faculty from the Jindal School of Management at UT Dallas, as well as colleagues at other institutions are welcome to use the LBOE for their research. LBOE is also available to demonstrate games and markets to MS, MBA and PhD students. Please start by reading the Laboratory Usage Guidelines document.
If you want to conduct research at LBOE facilities after your research is approved by the Institutional Review Board (IRB), please contact a LBOE co-director to request authorization to use the lab facilities. After your request has been approved, you will be able to Login and sign up to conduct an experiment.