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Professional Preparation
Ph.D. - Economics Carnegie Mellon University - 1990
M.A. - Mathematics University of California, Berkeley - 1985
B.A. - Economic and Mathematics Drew University - 1983
Research Areas
RESEARCH EXPERTISE
Decision-making: negotiation, cooperation, trust, reputation building, social utility, strategic learning. Economic design: market trust systems and negotiation decision support. Methods: experimental (lab) economics, game theory.
Publications
Bolton, Axel Ockenfels and Ulrich W. Thonemann, Managers and students as newsvendors, Management Science, forthcoming. forthcoming - Publication
Bolton, Ben Greiner and Axel Ockenfels, Engineering Trust: Reciprocity in the production of reputation information, Management Science, forthcoming. forthcoming - Publication
Bolton and Axel Ockenfels, Behavioral economic engineering, Journal of Economic Psychology, 2012, 33, 665-676. 2012 - Publication
Bolton and Jeannette E, Brosig-Koch, How do coalitions get built? Evidence from an extensive form coalition game with and without communication, International Journal of Game Theory, 2012, 41, 623-649. 2012 - Publication
Park, Sungsoon, Bolton, Ling Rothrock and Jeannette Brosig, Towards an
Interdisciplinary perspective of training intervention for negotiations: Developing
strategic negotiation support contents, Decision Support Systems, 2010, 49. 213-221. 2010 - Publication
Bolton, Testing models and internalizing context: A comment on Vernon Smith’s
‘Theory and experiment: What are the questions?’ Journal of Economic Behavior
and Organization, 2010, 73, 16-20. 2010 - Publication
Bolton and Axel Ockenfels, Betrayal aversion: Evidence from Brazil, China, Oman,
Switzerland, Turkey, and the United States: Comment, American Economic Review,
2010, 100, 628-633. 2010 - Publication
Bolton, Axel Ockenfels and Felix Ebeling, Information value and externalities in
reputation building, International Journal of Industrial Organization, 2010, 29, 23-
33. 2010 - Publication
Appointments
Chair Professor University of Texas at Dallas [2012–Present]
Jindal School of Management
Co-Director University of Texas at Dallas [2012–Present]
Visiting Professor University of Cologne [2007–2018]
Visiting Professor Harvard University [2001–2002]
Visiting Fellow Center for Interdisciplinary Research (ZiF), Germany [2000–2018]
Visiting Scholar Chinese University of Hong Kong [1999–2018]
Visiting Scholar California Institute of Technology [1998–2018]
Visiting Scholar University of Bonn [1995–2018]
Visiting Scholar Institute of Econmic Analysis (IAE), Barcelona [1995–2018]
Schwartz Professor Penn State University [1990–2012]
Additional Information
Awards and Recognition
Pennsylvania State University, MBA Core Instructor Award, 1996-7, 1998-9 & 1999-2000, 2010-2011
When Dr. Gary Bolton started college, inflation was at its highest point in decades. U.S. manufacturing was on the decline. And an oil shortage forced rising gas prices and long lines at the pump. “As a kid growing up in the ‘70s, I would read the newspaper and wonder why the economy was so messed up,” he said. Bolton’s interest in the economic conditions as a youth inspired an academic career that has been distinguished by prestigious academic appointments, multiple National Science Foundation grants, dozens of articles in top economic journals and speaking engagements around the world. Last fall, Bolton, a professor of managerial economics, was named O.P. Jindal Chair and co-director of the Center and Laboratory for Behavioral Operations and Economics in the Naveen Jindal School of Management. He runs the center with Dr. Elena Katok, his wife, an Ashbel Smith Professor of Operations Management.
Individuals make more conservative choices when the decisions they make affect other people, according to a new study from The University of Texas at Dallas.
People are usually surprised that as many as 70 percent of participants on Internet trading sites provide feedback about their experiences, Dr. Gary Bolton said in his keynote address during the 26th Workshop on Information Systems and Economics (WISE).
“Most people seem to think it’s like 10 percent, something like that,” he said. “A lot of feedback is offered through these systems.”
WISE, hosted recently by the Naveen Jindal School of Management, focused on the economic consequences of information technology advances and innovation.