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Colin F. Camerer
1200 E California Blvd
MC 228-77
Pasadena, CA 91125
(626) 395-4054

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Division of the Humanities and Social Sciences
Mail Code 228-77
California Institute of Technology
Pasadena, California 91125

Office: Room 101
Phone: (626) 395-4054
Fax: (626) 432-1726
email icon  E-mail: camerer@hss.caltech.edu

VITA [pdf] 

  1. De Martino, Benedetto, John P. O’Doherty, Debajyoti Ray, Peter Bossaerts, and Colin Camerer. “ In the mind of the market: theory of mind biases value computation during financial bubbles”. Neuron, in press.
  2. Brocas, Isabelle, Juan Carrillo, Stephanie Wang and Colin F. Camerer. “Using eyetracking to understand choices in zero-sum private information betting games” Review of Economic Studies, in press.
  3. Camerer, Colin and Kang, Min Jeong. “fMRI evidence of a hot-cold empathy gap in hypothetical and real aversive choices”, Frontiers in Decision Neuroscience., 2013 http://www.frontiersin.org/Decision_Neuroscience/10.3389/fnins.2013.00104/abstract
  4. Camerer, Colin F. “Goals, methods and progress in neuroeconomics” Annual Review of Economics, 2013, in press.
  5. Frydman, Cary, Nicholas Barberis, Colin Camerer, Peter Bossaerts, Antonio Rangel. “Using neural data to test a theory of investor behavior: An application to realization utility.” J Finance, in press.
  6. Sonneman, Ulrich, Craig Fox, Colin F. Camerer, Thomas Langer “How psychological framing affects economic market prices in the lab and field” PNAS, in press.
  7. Smith, Alec, B. Doug Bernheim, Colin F. Camerer, Antonio Rangel. “Neural activity reveals preferences without choices” final revision, AEJ: Microeconomics.
  8. Camerer, Colin F. “Experimental, cultural and neural evidence of deliberate prosociality.” Trends in Cognitive Sciences. Published online 13 February 2013.
  9. Janowski, Vanessa, Colin F. Camerer and Antonio Rangel. “Empathic choice involves vmPFC value signals that are modulated by social processing implemented in IPL” Social Cognitive and Affective Neuroscience. 8(2):201-208, 2013.
  10. Takahashi, Hidehiko (+ 15 coauthors). “Norepinephrine in the brain is associated with aversion to financial loss.” Molecular Psychiatry, 18: 3-4, 2013.
  11. Brown, Alex, Dan Lovallo and Colin F. Camerer “Estimating Structural Models of Equilibrium and Cognitive Hierarchy Thinking in the Field: The case of withheld movie critic reviews”, Management Science (online September 4, 2012, doi: 10.1287/mnsc.1120.1563)
  12. Soltani, Alireza, Benedetteo de Martino, and Colin F. Camerer “A range-normalization model of context-dependent choice” PLoS Computational Biology (online), 8 (7): e1002607, 2012.
  13. Wu, Daw-An, Stephanie Wang, Shin Shimojo, and Colin F. Camerer. “Shared attention reduces visual hindsight bias” Psychological Science, 23(12): 1524-33, 2012.
  14. Bhatt, Meghana; Terry Lohrenz; Colin Camerer; Read Montague. "Distinct contributions of the amygdala and parahippocampal gyrus to suspicion and strategic uncertainty in a repeated bargaining game" PNAS, May 29 2012, 109(22): 8728-8733.
  15. Henrich, Joseph (+ 22 coauthors including CFC) “Culture does account for variation in game behaviour" PNAS (online January 10, 2012 vol. 109 no. 2 E32-E33).
  16. Sokol-Hessner, Peter, Colin F. Camerer, Elizabeth Phelps. “Getting some perspective: Neural correlates of regulation in decision making” Social Cognitive and Affective Neuroscience (published online January 24, 2012).
  17. Krajbich, Ian; Dingchao Lu, Colin Camerer, Antonio Rangel.. “The attentional drift-diffusion model extends to simple purchasing”. Frontiers in Psychology 3:193, 2012.
  18. Lovallo, Dan; Carmina Clarke; and Colin Camerer. “Robust analogizing and the outside view: Two empirical tests of case-based decision making”, Strategic Management Journal, 32: 496–512, May 2012.
  19. Yamada, M., Takahashi, H., Camerer, C. F., Kato, M. Fujie, S., Ito H., Suhara, T. “Neural circuits in the brain that are activated when mitigating criminal sentences.” Nature Communications 27 Mar 2012, 1-6.
  20. Brown, Alex, Dan Lovallo and Colin F. Camerer “To review or not to review? Limited strategic thinking and box office revenues of unreviewed movies” American Economic Journal: Microeconomics 2012, 4(2), 1-26 (lead article).
  21. Izuma, Keise, Kenji Masumoto, Colin F. Camerer, Ralph Adolphs. “Insensitivity to social reputation in autism” PNAS 2011, 108 (42) 17302-17307.
  22. Brunner, Christoph, Colin F. Camerer and Jacob Goeree. “Stationary Concepts for Experimental 2 x 2 Games: Comment” American Economic Review, 2011, 101(2): 1029-40.
  23. Hare, Todd, Wolfram Schultz, Colin F. Camerer, John O’Doherty, Antonio Rangel. “The transformation of stimulus value signals into motor commands during simple choice” PNAS 2011, 108(44): 18120-18125.
  24. Alison Harris, Colin F. Camerer, Ralph Adolphs, Antonio Rangel. “Dynamic construction of stimulus values in the ventromedial prefrontal cortex.” PLoS One 2011, 6(6): e21074.
  25. Östling, Robert, Joseph Wang, Eileen Chou, and Colin F. Camerer. “Strategic thinking and learning in the field and lab: Evidence from Poisson LUPI lottery games” American Economic Journal: Microeconomics August 2011, 3(3): 1–33 (lead article)
  26. Reutskaja, Elena, Johannes Puls-Konnenberg, Rosemarie Nagel, Colin F. Camerer, Antonio Rangel. “Search dynamics in consumer choice under time pressure: An eye-tracking study” American Economic Review 2011, 101: 900-906
  27. Frydman, Cary, Colin F. Camerer, Peter Bossaerts, Antonio Rangel. MAOA-L carriers are better at making optimal financial decisions under risk. Proceedings of Royal Society B 2011, 278(1714): 2053-2059.
  28. Kang, Min Jeong, Mickael Camus, Antonio Rangel, Colin F. Camerer. “Hypothetical and real choice differentially active common value regions” J Neuroscience January 2011, 31(2): 461-468.
  29. Takahashi, Hidehiko (+ 13 coauthors including C Camerer), Tetsuya Suhara. “Dopamine D1 receptor density correlates with nonlinear probability weighting in risky choice.” J Neuroscience December 2010, 30(49): 16567-16572.
  30. Bhatt, Meghana, Terry Lohrenz, Colin F. Camerer and Read Montague. “Neural signatures of strategic types in a two-person bargaining game” PNAS November 2010 107(46): 19720-19725.
  31. Bushong, Ben, Lindsay King, Colin F. Camerer, Antonio Rangel. “Pavlovian processes in consumer choice: The physical presence of a good increases willingness-to-pay”. American Economic Review September 2010, 100(4): 1556-1571.
  32. Wang, Joseph, Michael Spezio and Colin F. Camerer. “Pinocchio’s pupil: Eye-tracking and pupil dilation in sender-receiver games” American Economic Review 2010, 100(3): 984–1007.
  33. Tanaka, Tomomi, Quang Nguyen and Colin F. Camerer. “Risk and time preferences in Vietnam: Evidence from experiments and household surveys” American Economic Review  March 2010, 100(1): 557-571.
  34. Schlicht, Erik J., Shinsuke Shimojo, Colin F. Camerer, Peter Battaglia and Ken Nakayama. “Human wagering behavior depends on opponents' faces” 2010 PLoS ONE 5(7): e11663.
  35. DeMartino, Benedetto, Colin F. Camerer and Ralph Adolphs. “Amygdala damage abolishes loss-aversion” PNAS February 2010, 107(8): 3788-3792.
  36. Tricomi, Elizabeth, Antonio Rangel, Colin F. Camerer and John O’Doherty. “Neural evidence for inequality averse social preferences” Nature 2010, 463(7284): 1089-1091.
  37. Hare, Todd, Colin F. Camerer, Dan Knoepfle, John O’Doherty and Antonio Rangel. “Value computations in VMPFC during charitable decision-making incorporate input from regions involved in social cognition" Journal of Neuroscience 2010, 30: 583-590.
  38. Feiler, Lauren and Colin F. Camerer. “Code creation in endogenous merger experiments” Economic Inquiry 2010, 48(2): 337–352.
  39. Camus, Mickael, Neil Halelamien, Hilke Plassman, Shinsuke Shimojo, John O’Doherty, Colin F. Camerer and Antonio Rangel. “TMS to right DLPFC reduces goal values for food objects” European Journal of Neuroscience 2009, 30(10): 1980-1988.
  40. Krajbich, Ian, Colin F. Camerer, John Ledyard and Antonio Rangel. “Using neural measures of economic value to solve the public goods free-rider problem” Science October 2009, 326(5952): 596-599.
  41. Kang, Min Jeong, Ming Hsu, Ian Krajbich, Sam McClure, George Loewenstein, Colin F. Camerer. “The wick in the candle of learning: Curiosity activates reward regions and enhances memory for surprising facts” Psychological Science 2009, 20(8): 963-973.
  42. Rogers, Brian W., Thomas R. Palfrey, Colin F. Camerer. “Heterogeneous quantal response equilibrium and cognitive hierarchies” Journal of Economic Theory July 2009, 144(4) 1440-1467.
  43. Capra, Mónica, Tomomi Tanaka, Lauren Munyan, Veronica Sovero, Charles Noussair and Colin F. Camerer "The impact of simple institutions in experimental economies with poverty traps” Economic Journal 2009, 119(539): 977-1009.  (lead article)
  44. Brown, Alexander, Colin F. Camerer, Eric Chua. “Learning and visceral temptation in dynamic savings experiments” Quarterly Journal of Economics 2009, 124(1): 197-231.
  45. Hare, Todd, Colin F. Camerer and Antonio Rangel. “Self control in decision making involves modulation of the vmPFC valuation circuitry”. Science May 2009, 324: 646-648.
  46. Hsu, Ming, Chen Zhao, Ian Krajbich and Colin F. Camerer. “Neural correlates of nonlinear weighting of probability” Journal of Neuroscience, February 18, 2009 29(7): 2231-2237.
  47. Krajbich, Ian, Ralph Adolphs, Daniel Tranel, Natalie Denburg, Colin F. Camerer. “Economic games quantify diminished sense of guilt in patients with damage to the prefrontal cortex” Journal of Neuroscience Feb 2009, 29(7): 2188-2192.
  48. Sokol-Hessner, Peter, Mauricio Delgado, Ming Hsu, Colin F. Camerer and Elizabeth Phelps. “Thinking like a trader: Cognitive re-appraisal and loss-aversion” PNAS March 2009, 106(13): 5035-5040.
  49. Knoepfle, Dan, Joseph Wang and Colin F. Camerer. “Using eyetracking to discriminate game theory learning models” Journal of the European Economic Association 2009, 7: 388-398.
  50. Camerer, Colin F. “Neuroeconomics: Opening the gray box” Neuron 2008, 60(3): 416-419.
  51. Wolfram Schultz, Kerstin Preuschoff, Colin F. Camerer, Ming Hsu, Christopher D. Fiorillo, Philippe N. Tobler, and Peter Bossaerts. “Explicit neural signals reflecting reward uncertainty” Phil. Trans. R. Soc. B December 2008, 363: 3801-3811.
  52. Rangel, Antonio, Colin F. Camerer and Read Montague. “A framework for studying the neurobiology of value-based decision-making” Nature Reviews Neuroscience 2008, 9: 545-556.
  53. Camerer, Colin F. “The potential of neuroeconomics” Economics and Philosophy November 2008, 24(S3): 369-379.
  54. Hare, Todd, John O'Doherty, Colin F. Camerer, Wolfram Schultz, and Antonio Rangel. “Dissociating the Role of the Orbitofrontal Cortex and the Striatum in the Computation of Goal Values and Prediction Errors” Journal of Neuroscience May 2008, 28(22): 5623-5630.
  55. Fehr, Ernst and Colin F. Camerer. “Social neuroeconomics: the neural circuitry of social preferences” TRENDS in Cognitive Sciences 2007, 11(10): 419-427.
  56. Lohrenz, Terry, Kevin McCabe, Colin F. Camerer and P. Read Montague. “Neural signature of fictive learning signals in a sequential investment task” PNAS 2007, 104: 9493-9498.
  57. Camerer, Colin F. “Neuroeconomics: Using neuroscience to make economic predictions” Economic Journal March 2007, 117(519): C26–C42. (Hahn Lecture). 
  58. Ho, Teck-Hua, Colin F. Camerer and Juin-Kuan Chong. "Self-tuning experience weighted attraction learning" Journal of Economic Theory 2006, 137: 177-198. 
  59. Camerer, Colin F., Xin Wang and Teck-Hua Ho. "Individual differences in EWA learning with partial payoff information" Economic Journal 2008, 118(525): 37-59.
  60. Chong, Juin-Kuan, Colin F. Camerer and Teck-Hua Ho. "A learning-based model of repeated games with incomplete information” Games and Economic Behavior May 2006, 55(2): 340-371.
  61. Tomlin, Damon, M. Amin Kayali, Brooks King-Casas, Cedric Anen, Colin F. Camerer, Steven R. Quartz and P. Read Montague. "Agent-specific responses in the cingulate cortex during economic exchanges" Science May 2006, 312(5776): 1047-1050.
  62. Camerer, Colin F. and Fehr, Ernst. "When Does 'Economic Man' Dominate Social Behavior?" Science, January 2006, 311(6): 37-52.
  63.  Ho, Teck-Hua, Noah Lim and Colin F. Camerer. “Modeling the psychology of consumer and firm behavior with behavioral economics” Journal of Marketing Research August 2006, 43(3): 307-331.
  64. King-Casas, Brooks, Damon Tomlin, Cedric Anen, Colin F. Camerer, Steven R. Quartz, and P. Read Montague. "Getting to know you: reputation and trust in a two-person economic exchange" Science April 2005, 308(5718): 78-83.
  65. Hsu, Ming, Meghana Bhatt, Ralph Adolphs, Daniel Tranel, and Colin F. Camerer. "Neural systems responding to degrees of uncertainty in human decision-making." Science December 2005, 310(5754): 1680-1683.
  66. Bhatt, Meghana and Colin F. Camerer. “Self-referential thinking and equilibrium as states of mind in games: fMRI evidence” Games and Economic Behavior August 2005, 52 (2): 424-459.
  67. Henrich, Joseph, Robert Boyd, Samuel Bowles, Colin F. Camerer, Ernst Fehr, Herbert Gintis, Richard McElreath, Michael Alvard, Abigail Barr, Jean Ensminger, Kim Hill, Francisco Gil-White, Michael Gurven, Frank Marlowe, John Q. Patton, Natalie Smith, and David Tracer. “Economic man in cross-cultural perspective: Behavioral experiments in 15 small-scale societies. Behavioral and Brain Sciences 2005, 28 (6): 795-855.
  68. Camerer, Colin F., Stephanie Kovalchik, David M. Grether, Charles R. Plott and John M. Allman. Nov 2005. "Aging and decision making: a comparison between neurologically healthy elderly and young individuals." Journal of Economic Behavior and Organization 2005, 58: 79-94.
  69. Camerer, Colin F., Nava Ashraf and George Lowenstein. "Adam Smith, Behavioral Economist" Journal of Economic Perspectives 2005, 10(3): 131-145.
  70. Camerer, Colin F., George Loewenstein and Drazen Prelec. "Neuroeconomics: How neuroscience can inform economics." Journal of Economic Literature March 2005, 34(1): 9-65.
  71. Camerer, Colin F., George Loewenstein and Drazen Prelec. "Neuroeconomia, that is as the neuroscienze can give new forms the economy." Sistemi Intelligenti, December  2004, 16(3): 337-418. (in Italian)
  72. Weber, Roberto, Colin F. Camerer, and Mark Knez. "Timing and virtual observability in ultimatum bargaining and 'weak-link' coordination games" Experimental Economics 2004, 7:25-48.
  73. Camerer, Colin F., Teck-Hua Ho and Kuan Chong. "A cognitive hierarchy model of behavior in games" Quarterly Journal of Economics 2004, 119(3): 861-898.
  74. Camerer, Colin F. "Behavioral game theory: Plausible formal models that predict accurately." Behavioral and Brain Sciences 2003, 26(2): 157-158.
  75. Camerer, Colin F. "Strategizing in the Brain." Science June 2003, 300: 1673-1675.
  76. Camerer, Colin F. "Behavioural studies of strategic thinking in games." TRENDS in Cognitive Sciences May 2003, 7(5): 225-231. (Invited paper).
  77. Weber, Roberto, and Colin F. Camerer. "Cultural conflict and merger failure: an experimental approach" Management Science 2003, 49(4): 400-415.
  78. Camerer, Colin F., Samuel Issacharoff, George Loewenstein, Ted O'Donoghue, and Matthew Rabin. "Regulation for conservatives: behavioral economics and the case for 'asymmetric paternalism'" University of Pennsylvania Law Review January 2003, 151: 1211-1254.
  79. Johnson, Eric, Colin F. Camerer, Sankar Sen, and Talia Rymon. "Detecting failures of backward induction: monitoring information search in sequential bargaining." Journal of Economic Theory May 2002, 104(1): 16-47. (lead article)
  80. Camerer, Colin F., Teck-Hua Ho, and Juin Kuan Chong. "Sophisticated EWA learning and strategic teaching in repeated games" Journal of Economic Theory May 2002, 104(1): 137-188.
  81. Camerer, Colin. F., Joseph Henrich, Robert Boyd, Samuel Bowles, Ernst Fehr, Herbert Gintis, and Richard McElreath. "Cooperation, reciprocity and punishment in fifteen small-scale societies" American Economic Review May 2001, 91: 73-78.
  82. Weber, Roberto, Colin F. Camerer, Yuval Rottenstreich, and Marc Knez. "The illusion of leadership: Misattributions of cause in coordination games" Organizational Science 2001, 12: 582-598.
  83. Camerer, Colin F., and Chris Anderson. "Experience-weighted attraction learning in sender-receiver signaling games" Economic Theory 2000, 16: 689-718.
  84. Knez, Marc, and Colin F. Camerer. "Increasing cooperation in prisoner's dilemmas by establishing a precedent of efficiency in coordination games." Organizational Behavior and Human Decision Processes 2000, 82: 194-216.
  85. Camerer, Colin F. and Teck-Hua Ho. "Experience-weighted attraction (EWA) learning in normal-form games." Econometrica 1999, 67: 827-874.
  86. Camerer, Colin F. "Rappresentazione mentale dei giochi: Framing e editing" Sistemi Intelligenti April 1999, 11: 113-43. (in Italian)
  87. Camerer, Colin F. and Dan Lovallo. "Overconfidence and excess entry: An experimental approach" American Economic Review 1999, 89: 306-318.
  88. Camerer, Colin F. and Robin Hogarth. "The effects of financial incentives in economics experiments: A review and capital-labor-production framework" Journal of Risk and Uncertainty 1999, 19(1): 7-42.
  89. Camerer, Colin F. "Behavioral economics: Reunifying psychology and economics" PNAS 1999, 96: 10575-10577.
  90. Camerer, Colin F. and Roberto Weber. "The econometrics and behavioral economics of escalation to commitment in NBA draft choices" Journal of Economic Behavior and Organization May 1999, 39(1): 59-82.
  91. Ho, Teck, Colin F. Camerer, and Keith Weigelt. September 1998. "Iterated Dominance and Iterated Best-Response in Experimental 'p-beauty contests'." American Economic Review, 88, 947-69.
  92. Camerer, Colin F. June 1998. "Can Asset Markets Be Manipulated? A Field Experiment with Racetrack Betting." Journal of Political Economy, 457-82 (lead article).
  93. Camerer, Colin F., and Teck-Hua Ho. 1998. "Experience-Weighted Attraction Learning in Coordination Games: Probability Rules, Heterogeneity and Time-Variation." Journal of Mathematical Psychology, 42, 305-26.
  94. Camerer, Colin F. 1998."Bounded Rationality in Individual Decision Making." Experimental Economics.
  95. Camerer, Colin F., and Martin Weber. 1998. "The Disposition Effect in Securities Trading: An Experimental Analysis." Journal of Economic Behavior and Organization, 33, 167-84. (Reprinted in Hersh Shefrin (Ed.), Behavioral Finance, London: Edward Elgar, 2000)
  96. Camerer, Colin F., L. Babcock, G. Loewenstein, and R. Thaler. May 1997. "Labor Supply of New York City Cab Drivers: One Day at a Time." Quarterly Journal of Economics, 111, 408-41.
  97. Camerer, Colin F. Fall 1997. "Progress in Behavioral Game Theory." Journal of Economic Perspectives, 11, 167-88. (invited paper). (Reprinted in J. Shogren (Ed.), Experiments in Environmental Economics, volumes I-II, Hampshire, UK: Ashgate, 2002 and also reprinted in Max H. Bazerman (Ed.), Negotiation, Decision Making and Conflict Management. UK: Edgar Elgar Publishing, Ltd., 2003.)
  98. Cachon, Gerard P., and Colin F. Camerer. February 1996. "Loss-Avoidance and Forward Induction in Experimental Coordination Games." Quarterly Journal of Economics, 165-94.
  99. Knez, Mark, and Colin F. Camerer. 1996. "Coordination, Organizational Boundaries, and Fads in Business Practice." Industrial and Corporate Change. Vol. 5. 89-112.
  100. Babcock, L., G. Loewenstein, S. Issacharoff, and Colin F. Camerer. December 1995. "Biased Judgments of Fairness in Bargaining." American Economic Review, 1337-1343.
  101. Camerer, Colin F., and Richard Thaler. Spring 1995. "Anomalies: Dictators, Ultimatums, and Manners." Journal of Economic Perspectives, 9, 209-19.
  102. Knez, Marc, and Colin F. Camerer. 1995. "Social Comparison and Outside Options in Three-Person Ultimatum Games." Games and Economic Behavior, 165-94.
  103. Harless, Charles, and Colin F. Camerer. 1995. "An Error-Rate Analysis of Experimental Data Testing Nash Refinements." European Economic Review, 39, 649-60.
  104. Banks, J., Colin F. Camerer, and D. Porter. January 1994. "Experimental Tests of Nash Refinements in Signaling Games." Games and Economic Behavior, 6, 1-31.
  105. Camerer, Colin F. and Marc Knez. 1994. "Creating 'Expectational Assets' in the Laboratory: 'Weakest-link' Coordination Games." Strategic Management Journal, 15,101-19.
  106. Harless, David, and Colin F. Camerer. 1994. "The Predictive Utility of Generalized Expected Utility Theories." Econometrica, 62, 1251-90. (Reprinted in J.D. Hey (Ed.), The Economics of Uncertainty, Edward Elgar Publishing Ltd., in press.)
  107. Camerer, Colin F., and Teck Ho. 1994. "Violations of the Betweenness Axiom and Nonlinearity in Probabilities." Journal of Risk and Uncertainty, 8, 167-96.
  108. Camerer, Colin F., G. Loewenstein, S. Issacharoff, and L. Babcock. January 1993. "Self-Serving Assessments of Fairness and Pretrial Bargaining." Journal of Legal Studies, 22, 135-59.
  109. Heath, Chip, Marc Knez, and Colin F. Camerer. 1993. "The Strategic Management of the Entitlement Process in the Employment Relationship." Strategic Management Journal, 14, 75-93.
  110. Camerer, Colin F., and M. Weber. 1992. "Ein Experiment zum Anlegerverhalten." Zeitschrift für Betriebswirtschaftsliche Forschung, 44, 131-48. (in German)
  111. Camerer, Colin F. 1992. "The Rationality of Prices and Volume in Experimental Markets." Organizational Behavior and Human Decision Processes, 51, 237-72.
  112. Camerer, Colin F., and M. Weber. 1992. "Recent Developments in Modelling Preferences: Uncertainty and Ambiguity." Journal of Risk and Uncertainty, 5, 325-70.
  113. Camerer, Colin F. Winter 1991. "Does Strategy Research Need Game Theory?" Strategic Management Journal, 12, 137-52.(Reprinted in R. Rumelt, D. Schendel, and D. Teece, (Eds.) Fundamental Issues in Strategy: A Research Agenda for the 1990s, Cambridge: Harvard Business School Press.)
  114. Camerer, Colin F., and K. Weigelt. October 1991. "Information Mirages in Experimental Asset Markets." Journal of Business, 64, 463-93.
  115. Camerer, Colin F. December 1989. "Does the Basketball Market Believe in the 'Hot Hand'?" American Economic Review, 79, 1257-61.
  116. Camerer, Colin F. and Howard Kunreuther. 1989. "Decision Processes for Low Probability Events: Policy Implications." Journal of Policy Analysis and Management. Vol. 8, No. 4, 565-92.
  117. *Camerer, Colin F., G. Loewenstein, and M. Weber. October 1989. "The Curse of Knowledge in Economic Settings: An Experimental Analysis." Journal of Political Economy, 97, 1232-54.
  118. Camerer, Colin F. 1989. "Bubbles and Fads in Asset Markets: A Review of Theory and Evidence." Journal of Economic Surveys, 3, 3-38. (Reprinted in Italian in G. Vaciago and G. Verga (Eds.), La Teoria dei Mercati Finanziari, Italy, Societa Editrice II Mulino.)
  119. Camerer, Colin F., and H. K. Kunreuther. 1989. "Experimental Markets for Insurance." Journal of Risk and Uncertainty, 2, 265-300.
  120. Camerer, Colin F., and H. K. Kunreuther. 1989. "Decision Processes for Low Probability Risks: Policy Implications." Journal of Policy Analysis and Management, 8, 565-92. (Reprinted in W. Kip Viscusi and Ted Gayer, Classics in Risk Management, two-vol. set, UK: Edward Elgar Publishing, Ltd., forthcoming.)
  121. Camerer, Colin F., and A. Vepsalainen. July 1988. "The Efficiency of Cultural Contracting." Strategic Management Journal, 9, 77-94.
  122. Camerer, Colin F. April-June 1988. "Illusory Correlations and Obviousness in Organizational Theory." Journal of Behavioral Decision Making, 1, 1-36.
  123. *Camerer, Colin F., and K. Weigelt. January 1988. "Experimental Tests of a Sequential Equilibrium Reputation Model." Econometrica, 56, 1-36.
  124. Camerer, Colin F. Supplement 1988. "Gifts as Economic Signals and Social Symbols." American Journal of Sociology, 94, S180-S214. (Reprinted in Y. Varoufakis (Ed.), Critical Perspectives on Game Theory. UK: Routledge.)
  125. Camerer, Colin F., and K. Weigelt. 1988. "Reputation and Corporate Strategy: A Review of Recent Theory and Applications." Strategic Management Journal, 9, 443-54.
  126. *Camerer, Colin F. 1988. "An Experimental Test of Several Generalized Utility Theories." Journal of Risk and Uncertainty, 2, 61-104.
  127. *Camerer, Colin F. December 1987. "Do Biases in Probability Judgment Matter in Markets? Experimental Evidence." American Economic Review, 77, 981-97. (Reprinted in J. Shogren (Ed.), Experiments in Environmental Economics, volumes I-II, Hampshire, UK: Ashgate, 2002.)
  128. Camerer, Colin F., and M. Weber. September 1987. "Recent Developments in Modelling Preferences under Risk." OR Spektrum, 9, 129-51
  129. Camerer, Colin F. 1985. "Redirecting Research in Business Policy and Strategy." Strategic Management Journal, 6, 1-15.
  130. Camerer, Colin F. January-February 1982. "The Pricing and Social Value of Commodity Options." Financial Analysts Journal.
  131. Camerer, Colin F. 1981. "General Conditions for the Success of Bootstrapping Models." Organizational Behavior and Human Performances, 27, 411-22.

*All Reprinted in J. Hey and G. Loomes (Eds.), Recent Developments in Experimental Economics, Edward Elgar Publishing, Ltd.

  1. Kang, Min, Deb Ray, Colin Camerer. “Measured anxiety and choices in experimental timing games” (Economic Journal, under requested revision).
  2. Martin, Chris, Rahul Bhui, Peter Bossaerts, Tetsuro Matsuzawa, Colin F. Camerer. “Chimpanzees behave as game-theoretically as humans in simple competitive interactions” (submitted 1 Feb 2013)
  3. Aoki, Ryuta, Madoka Matsumoto, Yukihito Yomogida, Keise Izuma, Kou Murayama, Ayaka Sugiura, Colin F. Camerer, Ralph Adolphs, and Kenji Matsumoto. “Social equity in the number of choice options is represented in the ventromedial prefrontal cortex.” (submitted 1 March 2013).
  4. Wang, Stephanie, Michelle Filiba, Colin F. Camerer. “Dynamically optimized sequential experimentation (DOSE) for measuring economics preferences” (in revision for American Economic Review)
  5. Tanaka, Tomomi, Colin F. Camerer. “Trait perceptions influence economic out-group bias:  Lab and field evidence from Vietnam (in revision for Experimental Economics)

bulletWORKING PAPERS (in turnaround)

  1. Wang, Stephanie, Colin F. Camerer. “Interested observers increase prosociality of choices and visual attention” (in prep).
  2. Reutskaja, Elena, Axel Lindner, Rosemarie Nagel, Richard Andersen, Colin F. Camerer. “Neural signatures of choice overload” (turnaround)
  3. Krajbich, Ian, John Ledyard, Colin F. Camerer, and Antonio Rangel. “Neurometrically informed mechanism design” (turnaround)
  4. Tanaka, Tomomi, Quang Nguyen and Colin F. Camerer. “Trust in Vietnam: Evidence from field experiments and household surveys” (in turnaround)
  5. Linardi, Sera and Colin F. Camerer. “Relational contracting in experimental labor markets with stochastic downturns”


  1. Brown, Alex and Colin F. Camerer. “Loss-aversion: A review”
  2. Knoepfle, Dan, Antonio Rangel, Colin F. Camerer. “Opportunity cost reminders influence charitable contributions"


  1. Camerer, C. F. “The promise and success of lab-field generalizability in experimental economics: A reply to Levitt and List.” In G. Frechette and A. Schotter (Eds.) The Methods of Modern Experimental Economics. Oxford: Oxford Univ. Press (in press).
  2. Camerer, C. F. “Cognitive hierarchy process models in behavioral game theory. In Gideon Keren and George Wu (Eds.), Blackwell Handbook of Judgment and decision making: An interdisciplinary perspective, in preparation.
  3. Camerer, Cohen, Fehr, Glimcher, Laibson.  “Neuroeconomics” in J. Kagel and A. Roth (Eds.), Handbook of Experimental Economics- Vol. II, 2013 (in press)
  4. Camerer, Colin and Roberto Weber. “Experiments on organizational economics” In R. Gibbons and J. Roberts (Eds.), Handbook of Organizational Economics, 2013.
  5. Camerer, Colin and Alec Smith. “The cognitive hierarchy approach to strategic thinking in games” In Holyoak and Morrison (Eds.), Oxford Handbook of Thinking and Reasoning, Oxford University Press, May 2013.
  6. Bhatt, Meghana and Camerer, Colin. “The cognitive neuroscience of strategic thinking” in J. Decety and J. Cacciopo (Eds.), Handbook of Social Neuroscience, 2011.
  7. Camerer, Colin. “The case for mindful economics”, in A. Caplin and A. Schotter (Eds.), The Foundation of Positive and Normative Economics: A Handbook, Oxford University Press, 2010.
  8. “Neuroeconomics: Measuring cognition and brain activity during economic decision making” in E. Michel-Kerjan and P. Slovic (Eds.), The Irrational Economist: Making Decisions in a Dangerous World, Public Affairs, 2009.
  9. “Introduction” (with all editors) in P. Glimcher, C. Camerer, E. Fehr, R. Poldrack (Eds.), Decision Neuroscience, Elsevier, 2008.
  10. “Strategic thinking in the brain” in P. Glimcher, C. Camerer, E. Fehr, R. Poldrack (Eds.), Decision Neuroscience, Elsevier, 2008.
  11. “Asset market manipulation: A field experiment with racetrack betting” in C. R. Plott and V. L. Smith (Eds.) Handbook of Experimental Economics Results, 2008.
  12. “Learning and equilibrium in games” (with Teck-Hua Ho and Juin-Kuan Chong) in C. R. Plott and V. L. Smith (Eds.), Handbook of Experimental Economics Results, 2008.
  13. “Experimental study of law” (with Eric Talley) in M. Polinsky and S. Shavell (Eds.), Handbook of Law and Economics, Elsevier, 2007.
  14. “Behavioral Economics” in T. Persson (Ed.), World Congress of the Econometric Society, 2005.
  15. “Behavioral economics and organization” (with Ulrike Malmendier) in P. Diamond and H. Vartainnen (Eds.), Behavioral Economics and Its Applications, Princeton: Princeton University Press, 2007.
  16. “Behavioral game theory. Thinking, learning, teaching” (with Teck Ho and Kuan Chong) in S. Huck (ed.), Advances in Understanding Strategic Behaviour: Game Theory, Experiments, and Bounded Rationality: Essays in honor of Werner Güth, Palgrave Macmillan, 2004.
  17. “Cognitive hierarchy: A limited thinking theory of games” (with Kuan Chong and Teck-Hua Ho) in R. Zwick and A. Rapoport (Eds.), Experimental Business Research- Vol. III, Springer, 2005.
  18. “Thinking about attention in games: Backward and forward induction” (with Eric Johnson) in I. Brocas and J. Castillo (Eds.), The Psychology of Economic Decisions, Oxford University Press, 2004.
  19. “Measuring social norms and preferences using experimental games: A guide for social scientists (with Ernst Fehr) in J. Henrich et al. (Eds.), Foundations of Human Sociality: Experimental and Ethnographic Evidence from 15 Small-scale Societies, Oxford University Press, 2004.
  20. “EWA learning in bilateral call markets” (with David Hsia and Teck-Hua Ho) in R. Zwick and A. Rapoport, (Eds.), Experimental Business Research, Kluwer Academic Publishers, 2002.
  21. “Strategic learning and strategic teaching” (with Teck Ho) in S. Hoch and H. Kunreuther (Eds.), Wharton on Making Decisions, New York: John Wiley, 2001.
  22. All (19a-c) in D. Kahneman and A. Tversky (Eds.), Choices, Values, and Frames, 2001. Cambridge: Cambridge University Press.
  23. “Experience-weighted attraction learning in games: Estimates from weak-link games” (with Teck-Hua Ho) in D. Budescu, I. Erev, and R. Zwick (Eds.), Games and Human Behavior: Essays in honor of Amnon Rapoport, Lawrence Erlbaum Associates, 1999. (refereed)
  24. “Behavioral economics and nonrational organizational decision making” in J. Halpern and R. Stern (Eds.), Debating Rationality: Nonrational Aspects of Organizational Decision Making, Ithaca, NY: ILR Press, 1998, pp. 53-77.
  25. “An Asset Market Test of a Mechanism For Inducing Stochastic Horizons in Experiments” (with K. Weigelt) in R. M. Isaac (Ed.), Research in Experimental Economics, Greenwich, CT: JAI Press, 1996. (refereed)
  26. “Rules for experimenting in psychology and economics, and Why They Differ” in W. Guth and E. Van Damme (Eds.), Understanding Strategic Interaction: Essays in Honor of Reinhard Selten, New York: Springer-Verlag, 1996.
  27. “Coordination in organizations: A game-theoretic perspective” (with Marc Knez) in Z. Shapira (Ed.), Organizational Decision Making, Cambridge: Cambridge University Press, 1996, 158-187.
  28. “Individual decision making” in J. Kagel and A. Roth (Eds.), Handbook of Experimental Economics, Princeton, NJ: Princeton University Press, 1995.
  29. “Ambiguity-aversion and non-additive beliefs in non-cooperative games: Experimental evidence” (with Risto Karjalainen), in B. Munier and M. Machina (Eds.), Models and Experiments on Risk and Rationality, Moston, MA: Kluwer Academic Publishers, 1994.
  30. “Cognition and framing in sequential bargaining for gains and losses” (with Eric Johnson, Talia Rymon, and Sankar Sen) in K. Binmore, A. Kirman, and P. Tani (Eds.), Frontiers of Game Theory, Cambridge: MIT Press, 1994.
  31. “Information, fairness, and efficiency in bargaining” (with G. Loewenstein) in B. Mellers and J. Baron (Eds.), Psychological Perspectives on Justice: Theory and Applications, Cambridge: Cambridge University Press, 1993, 155-179. (refereed)
  32. “Convergence in experimental double auctions for stochastically lived assets” (with Keith Weigelt) in D. Friedman and J. Rust (Eds.), The Double Auction Market:  Theories, Institutions and Experimental Evaluations, Redwood City, CA: Addison-Wesley, 1993.
  33. “Recent tests of generalizations of expected utility theory” in W. Edwards (Ed.), Utility Theories: Measurements and Applications, Norwell, MA: Kluwer Publishing, 1992.
  34. “The use of experimental economics in strategy research” (with Keith Weigelt and Mark Hanna) in P. Shrivastava, A. Huff, and J. Dutton (Eds.), Advances in Strategic Management, 8, Greenwich, CT:  JAI Press, 1992.
  35. “The process-performance paradox in expert judgment: Why can experts know so much and predict so badly? ” (with Eric Johnson) in A. Ericsson and J. Smith (Eds.), Toward a General Theory of Expertise:  Prospects and Limits, Cambridge: Cambridge University Press, 1991.
  36. “Do markets correct biases in probability judgment? Evidence from market experiments” in J. Kagel and L. Green (Eds.), Advances in Behavioral Economics, 2, Northwood, NJ: Ablex Publ., 1990.
  37. “Behavioral game theory” in R. Hogarth (Ed.), Insights in Decision Making, Chicago: University of Chicago Press, 1990.
  38. “The regression paradigm in strategy research: A critical appraisal and suggested directions” (with Liam Fahey) in J. Grant (Ed.), Strategic Management Frontiers, Greenwich, CT: JAI Press, 1988.
  39. “Thinking economically about strategy” in J.M. Pennings (Ed.), Organizational Strategy and Change, San Francisco: Jossey-Bass, 1985.
  40. “Underground and overpaid: Equity theory in practice” (with Kenneth R. MacCrimmon), in D.M. Messick and K.S. Cook (Eds.), Equity Theory:  Psychological and Sociological Perspectives, New York: Praeger Press, 1983.
  1. Camerer, Colin F. In press. “A review essay about “Foundations of Neuroeconomic Analysis” by Paul Glimcher” Journal of Economic Literature.
  2. Camerer, Colin F. “Comments on ‘Development Economics through the Lens of Psychology’ by Sendhil Mullainathan” in Lessons of Experience: Annual World Bank Conference on Development Economics, World Bank book series, 2005.
  3. Camerer, Colin F. and Richard H. Thaler. “In honor of Matthew Rabin: Winner of John Bates Clark medal” Journal of Economic Perspectives, 2003, 17(3): 159-176.
  4. Camerer, Colin F. and Howard Kunreuther. “Making Decisions about Liability and Risk: Editor's Comments” Journal of Risk Uncertainty, 1993, 7(1): 5-15.
  5. Camerer, Colin F. “Comments on Noll and Krier, ‘Some Implications of Cognitive Psychology for Risk Regulation’” Journal of Legal Studies, 1990, 19(2): 791-799.
  6. Camerer, Colin F. “Book Review: Judgment and Decision Making, J. Frank Yates. Englewood Cliffs, New Jersey, Prentice-Hall Inc. 1990” Journal of Behavioral Decision Making, 1991, 4(1): 76-78.
  7. Camerer, Colin F. “Book Review: Taking Risks: The Management of Uncertainty by Kenneth R. MacCrimmon and Donald A. Wehrung” Administrative Science Quarterly, 1988, 33(4): 638-640.
  1. NSF SMA 1329195 “IBSS: Links Between Behavior and Attitudes Across Cultures” $1,000,000 (co-PI) 10/1/2013-9/30/2016
  2. “Collaborative Research: Understanding and Predicting Asset Price Bubbles from Brain Activity”, $703,056 [original budget], 4/2013-3/2016. (co-PI)
  3. NSF 009584210, “Bayesian Rapid Optimal Adaptive Design (BROAD) for Estimating Economic Preferences” $467,536, 9/1/2012-8/30/15. (PI)
  4. Tamagawa GOCE grant (joint with Tamagawa University, Tokyo; with 7 Co-PIs), 2008-13.
  5. Moore grant, “Reward and decision making” (with 8 Co-PIs), 2006-2012.
  6. Moore grant, “Large-scale infrastructure for economic experimentation” (with 5 Co-PIs), 2006-2013.
  7. NSF, “Neurometric measures of value” (with Antonio Rangel), $670,000, 2009-12.
  8. Trilience Foundation, “Biological basis of human groups”, $101,700, 10/1/09-9/30/11.
  9. HFSP RGP0056/2005-c, “Emotion and Strategy in the Brain” (with PI Angela Sirigu, 4 Co-PIs), $900,000, 2005-08.
  10. NSF: “IGERT: Brain, Mind, and Society: An Integrative Training Program in Valuation, Decision-Making Social Exchange.” (One of four co-P.I.s.), 9/1/2007-8/30/2012
  11. NSF Human Social Dynamics (HSD), “Neural correlates of strategic IQ” (with Teck Ho, Ralph Adolphs).
  12. NSF Grant No. SES-095779, “Experimental study of organizational culture”, $68,585, 4/1/2001-4/1/2003.
  13. NSF Grant No. SES-0078911, “Collaborative research: Sophisticated learning and strategic teaching in repeated games” (with Teck-Hua Ho), $244,580, 8/1/2000-7/31/2003.
  14. NSF Grant No. SBR-9730364, “Experience-weighted attraction learning in noncooperative games” (with Teck-Hua Ho), $126,000, 1/1/1998-12/31/1999.
  15. NSF Grant No. SBR-9511001, “Iterated Rationality in Noncooperative Games” (with Teck-Hua Ho), $150,210, 8/1/1995-7/31/1997.
  16. NSF Grant No. SES-9023531, “An Experimental Study of Learning and Rationality in Noncooperative Games” (with Eric Johnson), $90,000, 1/1/1991-6/30/1992.
  17. NSF Grant No. SES-8809299, “Coping with Risk: The Role of Insurance, Compensation and Protective Behavior” (Head P.I. with six Co-P.I.s), $1,055,7512, 9/15/1988-7/28/1990.
  18. NSF Grant No. SES-8708566, “The Effects of Institutional Structure on Judgment Biases in Experimental Asset Markets”, $37,093, 7/15/1987-7/15/1988.
  19. NSF Grant No. SES-8510758, “Do Biases in Individual Judgment Affect Market Outcomes” (Co-P.I. with Howard Kunreuther), $51,032, 8/15/1985-1/31/1987.
  20. Sol C. Snider Center for Entrepreneurial Studies Grant to study Reputation, $5,000, 1987.
  21. Sloan Foundation Grant 85-5-1 to study Decision-Making in Market Settings (with Howard Kunreuther), $20,000, 6/1985-7/1986.
  22. NYU Center for Entrepreneurial Studies Grant to study Reputation (with Keith Weigelt), $5,000, 1984-86.


  1. Patent accepted  (U.S. Patent Application No. 13414,371), “Active Learning Decision Engines”
  2. Chair, Russell Sage Foundation Behavioral Economics Roundtable, 2007-present.
  3. President of the Society for Neuroeconomics, 2005-06.
  4. Elected Member of the American Academy of Arts and Sciences, 2003.
  5. Elected President of the Economic Science Association, 2001-03.
  6. Elected Fellow of the Econometric Society, December 1999.
  7. Chosen Fellow of the Society for Advancement of Economic Theory, 2011.
  8. Winner, 1984-85 best paper, Center for Entrepreneurial Studies Grant to study Reputation, 1987.
  9. Richard Paget Research Chair, Kellogg Graduate School of Management, Northwestern University, 1982-3.