The Art and Practice of Economics Research
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The Art and Practice of Economics Research

Lessons from Leading Minds

Simon W. Bowmaker

The Art and Practice of Economics Research provides an in-depth look into the research methods of leading economists from across the United States and Europe. This innovative volume contains 25 interviews with practicing economists, presenting insightful personal accounts into an often-misunderstood field.
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Chapter: Colin F. Camerer (California Institute of Technology)

Simon W. Bowmaker


Colin Camerer was born in Philadelphia, Pennsylvania in 1959 and graduated with a BA in quantitative studies from Johns Hopkins University in 1977 before obtaining an MBA in finance and a PhD in decision theory from the University of Chicago in 1979 and 1981 respectively. Professor Camerer has taught at the Kellogg Graduate School of Management at Northwestern University, 1981–1983, the Wharton School at the University of Pennsylvania, 1983–1991, the Graduate School of Business at the University of Chicago, 1991–1994, and the California Institute of Technology, where he currently serves as the Robert Kirby Professor of Behavioral Economics. Professor Camerer’s research looks primarily at the interface between cognitive psychology and economics. This work seeks a better understanding of the psychological and neurobiological basis of decision making in order to determine the validity of models of economic behavior. His most-cited articles in chronological order include ‘The Effects of Financial Incentives in Experiments: A Review and Capital-Labor Production Framework’, Journal of Risk and Uncertainty (1999), co-authored with Robin Hogarth, ‘Overconfidence and Excess Entry: An Experimental Approach’, American Economic Review (1999), co-authored with Dan Lovallo, ‘In 82 Columns Design XML Ltd / Job: Bowmaker-Art_and_Practice_Economics_Research / Division: 05Camerer /Pg. Position: 1 / Date: 9/7 JOBNAME: Bowmaker PAGE: 2 SESS: 5 OUTPUT: Thu Aug 23 16:50:48 2012 Colin F. Camerer 83 Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies’, American Economic Review (2001), co-authored with John Heinrich, Robert Boyd, Samuel Bowles, Ernst Fehr,...

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