Duncan James

Ph.D., University of Arizona

• Applied Microeconomics
• Finance
• Experimental Economics

Dr. James studied experimental economics and received a Ph.D. from the University of Arizona. He has shed new light on old puzzles within auctions, decision theory, and game theory on a number of occasions. Such results can be found in the Journal of Risk and Uncertainty, Experimental Economics, MODSIM Papers and Proceedings, and Econometrica. Additionally, he published findings on the effects of “beat the market” incentive contracts on laboratory asset markets in the American Economic Review in September 2000 – before the first of the great bubble bursts of the new millennium.

Journal Articles

Collins, S., and D. James (2024), Hidden in plain sight: Payoffs, probability, space, and time in isomorphic tasks, Games and Economic Behavior 145, pp.117-136. https://doi.org/10.1016/j.geb.2024.03.005

Friedman, D., S. Habib, D. James, and B. Williams (2022). Varieties of Risk-preference Elicitation, Games and Economic Behavior 133, pp. 58-76. https://doi.org/10.1016/j.geb.2022.02.002

Collins, S., James, D., Servatka, M., and Vadovic, R. (2021). Attainment of equilibrium via Marshallian path adjustment: Queueing and buyer determinism, Games and Economic Behavior 125, pp. 94-106. https://doi.org/10.1016/j.geb.2020.11.001

James, D., Friedman, D., Louie, C. and T. O'Meara (2018). Dissecting the Monty Hall Anomaly, Economic Inquiry 56(3), pp. 1817-1826. https://doi.org/10.1111/ecin.12533

Habib, S., Friedman, D., Crockett, S., and James, D., (2017). Payoff and Presentation Modulation of Elicited Risk Preferences in Multiple Price Lists, Journal of the Economic Science Association 3(2), pp. 183-194. https://doi.org/10.1007/s40881-016-0032-8

Collins, S., James, D., Servatka, M., and D. Woods (2017), Price-Setting and Attainment of Equilibrium: Posted Offers Versus Administered Price, Games and Economic Behavior 106, pp. 277-293. https://doi.org/10.1016/j.geb.2017.10.012

Collins, S. and D. James (2015). Response Mode and Stochastic Choice Together Explain Preference Reversals, Quantitative Economics 6, pp. 825-856. https://doi.org/10.3982/QE437

Cox, J.C. and D. James (2015). On Replication and Perturbation of the McKelvey and Palfrey Centipede Game Experiment, Replication in Experimental Economics (Research in Experimental Economics, Vol. 18), Emerald Group Publishing Limited, Leeds, pp. 53-94. https://doi.org/10.1108/S0193-230620150000018003

James, D. and D. Reagle (2013). Recoverability of Parameters from Learning Models, Modsim Conference Proceedings 20(1), pp. 1412-1418. http://www.mssanz.org.au/modsim2013/F9/james.pdf

Cox, J.C. and D. James (2012). Clocks and Trees: Isomorphic Dutch Auctions and Centipede Games, Econometrica 80(2), pp. 883-903. https://doi.org/10.3982/ECTA9589

James, D. (2011). Incentive Compatible Elicitation Procedures. Modsim Conference Proceedings 19(1), pp. 1421-1427. https://www.mssanz.org.au/modsim2011/D4/james.pdf

James, D. and D. Reagle (2009). Experience Weighted Attraction, Becker-DeGroot-Marschak, and the First-Price Auction, Modsim Conference Proceedings 18(1), pp. 1437-1441. https://mssanz.org.au/modsim09/D8/james.pdf

Isaac, R.M. and D. James (2003). Boundaries of the Tournament Pricing Effect in Asset Markets: Evidence from Experimental Markets, Southern Economic Journal 69(4), pp. 936-951. https://doi.org/10.2307/1061659

Isaac, R.M., James, D. (2000). Just Who Are You Calling Risk Averse? Journal of Risk and Uncertainty 20, 177–187. https://doi.org/10.1023/A:1007881008177

James, D. and R.M. Isaac (2000). Asset Markets: How They Are Affected by Tournament Incentives for Individuals, American Economic Review 90(4), pp.995-1004. https://doi.org/10.1257/aer.90.4.995

Isaac, R.M., and James, D. (2000). Robustness of the Incentive Compatible Combinatorial Auction, Experimental Economics 2000 (3), pp.31-53. https://doi.org/10.1023/A:1009942024096

Books and Book Chapters

Friedman, D., Isaac, M., James, D. and Sunder, S. Risky Curves (2014). New York: Routledge. ISBN: 978-0-415-63610-0.