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American economist From Wikipedia, the free encyclopedia
Kay-Yut Chen is an experimental economist best known for pioneering the application of behavioral economics to business management.[1] The experimental economics lab he founded at HP Labs was the first such lab in any company.[2] His work at HP Labs has been featured in Newsweek, the Wall Street Journal, and Scientific American.[3][4][5]
Kay-Yut Chen | |
---|---|
Alma mater | California Institute of Technology |
Scientific career | |
Fields | Behavioral operations research, Experimental economics, Consumer behaviour |
Institutions | HP Labs Yahoo! Labs University of Texas at Arlington |
Thesis | The Strategic Behavior of Rational Novices (1994) |
Doctoral advisors | John O. Ledyard Charles Plott |
Chen is co-author of a book about the business applications of behavioral economics, Secrets of the Moneylab, co-authored with journalist Marina Krakovsky, and published by Portfolio/Penguin in 2010.[6] Nobel laureate George Akerlof wrote the foreword to the book.[7]
He has also worked as principal research scientist at Yahoo! Labs.[8]
He earned his PhD in economics from California Institute of Technology in 1994, where his research advisors were John Ledyard and Charles Plott.[9] In 1992 he was an Alfred P. Sloan fellow.
He is currently a professor at the University of Texas at Arlington.[10]
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