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R. Mark Isaac

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Robert Mark Isaac (born July 27, 1954) 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.

Biography

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He was born in Oklahoma City. His publications[1] include collaborations with Nobel Prize winner Vernon L. Smith addressing experimental conditions for trading,[2] with Charles Plott addressing cooperation, pricing and trade,[3] with Robert E. Forsythe addressing auctions,[4] and with the philosopher David Schmidtz addressing public goods.[5] He serves as John & Hallie Quinn Eminent Scholar in the Department of Economics at Florida State University, where he is a key faculty member affiliated with the Florida State University Experimental Social Science Lab and is also a Courtesy Professor of Law. He is the editor of the Research in Experimental Economics book series, on the board of editors of the journal Experimental Economics,[6] treasurer of the Economic Science Association,[7] and holds the title of El Jefe of the Christian Men's Nicotine Research Collective. Previously, he served as Chair of the Economics Department at the University of Arizona.

Publications

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Books

  • R. Mark Isaac; Daniel Friedman; Duncan James; Shyam Sunder (2014). Risky Curves: On the Empirical Failure of Expected Utility. Taylor & Francis. ISBN 978-1-317-82123-6.ISBN 9780415636100
  • The Allocation of Scarce Resources: Experimental Economics and the Problem of Allocating Airport Slots, co-authored with David Grether and Charles Plott. (Boulder, Co.: Westview Press, 1989).
  • Current editor of Research in Experimental Economics for JAI Press, Inc.: Volume 4 (1991), Volume 5 (1993), Volume 6 (1996), Volumes 7 (1999), Volume 8 (2001), and Volume 9 (2002).

Notes and references

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  1. ^ Mark Isaac's publication's list Archived 2007-04-19 at the Wayback Machine
  2. ^ "Natural Monopoly and Contested Markets: Some Experimental Results," (with Don Coursey and Vernon Smith). Journal of Law and Economics, April 1984; "Market Contestability in the Presence of (Sunk) Entry Costs," (with Don Coursey, Margaret Luke, and Vernon Smith). RAND Journal of Economics, Spring 19884; "OCS Leasing and Auctions: Incentives and the Performance of Alternative Bidding Institutions," (with James Cox and Vernon Smith). Supreme Court Economic Review 2:43-87. "In Search of Predatory Pricing," (with Vernon Smith). Journal of Political Economy 93: 320-345, April 1985.
  3. ^ "Cooperative Game Models of the Influence of the Closed Rule in Three Person, Majority-Rule Committees: Theory and Experiment," (with Charles Plott) in Game Theory and Politics, Peter Ordeshook, ed., (New York: NYU Press, 1978); "Price Controls and the Behavior of Auction Markets: An Experimental Examination," (with Charles Plott). American Economic Review 71, No.3:-448-459, June 1981; "The Opportunity for Conspiracy in Restraint of Trade: An Experimental Study," (with Charles Plott). Journal of Economic Behavior and Organization 2: 1-30.
  4. ^ "Theories and Tests of Blind Bidding in Sealed Bid Auctions," (with Robert Forsythe and Thomas Palfrey). RAND Journal of Economics, Summer 1989.
  5. ^ "The Assurance Problem in a Laboratory Market" (with James M. Walker and David Schmidtz). Public Choice 62:217-236, 1989.
  6. ^ Experimental Economics Editorial Board.
  7. ^ Economic Science Association Executive Leadership Archived 2007-04-07 at the Wayback Machine
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