Prof. Todd Kaplan
Department of Economics
University of Haifa
Tel: 972-4 824 -9589
Department of Economics
University of Exeter
Class: MSc Microeconomics at Haifa
Economic Theory, Industrial Organization, Experimental Economics
Ph.D, Economics, University of Minnesota, 1996.
M.A., Economics, University of Minnesota, 1991.
B.S., Engineering, California Institute of Technology, 1989.
Associate Editor of Journal of Behavioral and Experimental Economics from 2016.
"Advances in Auctions," (with Shmuel Zamir). Handbook of Game Theory, Volume 4, 2014. [PDF]
"Two Stage Contests with Preferences over Style," (with David Wettstein), Economic Theory, in press .
"Manipulation and (mis)trust in Prediction Markets ," (with Lawrence Choo and Ro'i Zultan), Management Science, in press.
"Should regulators always be transparent? A bank run experiment ," (with Surajeet Chakravarty, Lawrence Choo, and Miguel Fonseca), European Economic Review, in press .
"Why Do Investment Banks Buy Put Options from Companies?," (with Stanley Gyoshev, Samuel Szewczyk, and George Tsetsekos), Journal of Corporate Finance, 2021 Full text.
"Auctions with Leaks about Early Bids: Analysis and Experimental Behavior," (with Sven, Fischer, Werner Guth, and Ro'i Zultan), Economic Inquiry, 2021, Full text.
"Information Aggregation in Arrow-Debreu Markets: an Experiment," (with Lawrence Choo and Ro'i Zultan), Experimental Economics, 2019, Full text.
"Cooperation through Coordination in Two Stages," (with Bradley Ruffle and Ze'ev Shtudiner), Journal of Economic Behavior and Organization, 2018, Full text.
"When Costly Voting is Beneficial," (with Surajeet Chakravarty and Gareth Myles), Journal of Public Economics , 2018, Full text.
"Decision Making with Risk-Based Weather Warnings". (with Di Mu and Rutger Dankers), International Journal of Disaster Risk Reduction, 2018, 30, Part A, 59-73. Full text. DOI.
"Protection in Government Procurement Auctions," (with Matt Cole and Ron Davies). Journal of International Economics, 2017, 106, 134-142. Abstract. Full text. DOI.
"The Optimal Design of Rewards in Contests," (with David Wettstein). Review of Economic Design, December 2015, 19 (4) 327-339 [PDF]
"A Simple Bargaining Mechanism that Elicits Truthful Reservation Prices," (with Steve Brams and Marc Kilgour). Group Decision and Negotiation, May 2015, 24 (3) 401-413. [PDF]
"Multiple equilibria in asymmetric first-price auctions," (with Shmuel Zamir). Economic Theory Bulletin, April 2015, 3 (1) 65-77. [PDF]
"Communication of uncertainty in weather forecasts," (with Pricilla Marimo, Ken Mylne and Martin Sharpe). Weather and Forecasting, February 2015, 30 (1) 5-22 [PDF]
"An Experiment on the Causes of Bank Run Contagions," (with Surajeet Chakravarty and Miguel Fonseca). European Economic Review, November 2014, 72, 29-51.. [PDF]
"Egocentric framing :One way people may fail in a switch dilemma: Evidence from excessive lane switching," (with David Navon and Ronen Kasten). Acta Psychologica, November 2013, 144, 604-616. [PDF] [audioslides]
"The Peer Effect of Jose Canseco A Reply to J. C. Bradbury," (with Eric Gould). Economic Journal Watch, January 2013 10(1), 70-86. [PDF]
"Optimal Allocation Without Transfer Payments," (with Surajeet Chakravarty). Games and Economic Behavior, 77 (1), January 2013, 1-20. [PDF]
"Which Way to Cooperate," (with Bradley Ruffle). Economic Journal, 122(563), 2012, 1042-1068. [PDF]
"Communication of Preferences in Contests for Contracts," Economic Theory, 51(2), October 2012, 487-503 [PDF]
"A Simple Economic Teaching Experiment on the Hold-Up Problem," (with Dieter Balkenborg and Tim Miller) Journal of Economic Education, 43(4), October 2012, 377-385. [PDF]
"Asymmetric First-Price Auctions with Uniform Distributions: Analytic Solutions to the General Case," (with Shmuel Zamir) Economic Theory, 2012 50(2), 269-302. Lead article. [PDF]
"Learning Unethical Practices from a Co-worker: The Peer Effect of Jose Canseco," (with Eric Gould). Labour Economics, 2011 18, 338-348. [PDF]
"Teaching Bank Runs with Classroom Experiments," (with Dieter Balkenborg and Tim Miller) Journal of Economic Education, 2011 42(3), 224-242. [PDF]
"Influence of aggregation and measurement scale on ranking a compromise alternative in AHP," (with Alessio Ishizaka and Dieter Balkenborg) Journal of the Operational Research Society, (2011) 62, 700-710. [PDF]
"Does AHP help us make a choice?-An experimental evaluation," (with Alessio Ishizaka and Dieter Balkenborg) Journal of the Operational Research Society, 2011, 62(10), 1801-1812. [PDF]
"Using Economic Classroom Experiments," (with Dieter Balkenborg) International Review of Economics Education, November 2010, 9(2): 99-106. [PDF]
"Vote or Shout," (with Surajeet Chakravarty) The B.E. Journal of Theoretical Economics, September 2010, vol. 10(1). [PDF]
"Effective Contests," (with Aner Sela) Economics Letters, January 2010, 106 (1): 38-41. [PDF]
"A Laboratory-Based Study of Understanding of Uncertainty in 5-Day Site-Specific Temperature Forecasts," (with Mark Roulston) Meteorological Applications, June 2009 16 (2): 237-244. [PDF]
"In Search of Welfare-Improving Gifts," (with Bradley Ruffle) European Economics Review, May 2009 53 (4): 445-460. [PDF]
"Optimal Rewards in Contests," (with Aner Sela and Chen Cohen) RAND Journal of Economics, Summer 2008 39 (2), 434-451. [PDF]
"Caps on Political Lobbying: Comment," (with David Wettstein) American Economic Review, 2006, 96, pages 1351-1354 [PDF]
"Why Banks Should Keep Secrets," Economic Theory , February 2006 27, 341-357 [PDF]
"Dividing the Indivisible: Procedures for Allocating Cabinet Ministries to Political Parties in a Parliamentary," Journal of Theoretical Politics (with Steven Brams), 2004 16 (2):143-173. [PDF]
"The Self-Serving Biases and Beliefs about Rationality," Economic Inquiry (with Bradley Ruffle), April 2004 42 (2):237-246. [PDF]
"Innovative Activity with Sunk Cost," (with David Wettstein and Israel Luski) International Journal of Industrial Organization , October 2003 21: 1111-1133 [PDF]
"Government Policy towards Multi-National Corporations," Economics Bulletin, (with Israel Luski and David Wettstein) May 2003 6 (3): 1-8. [PDF]
"All-Pay Auctions with Variable Rewards" (with Luski, Sela, Wettstein) Journal of Industrial Economics, December 2002 L (4): 417-430 [PDF]
"Effective Price-Matching" International Journal of Industrial Organization, December 2000. [PDF]
"Surplus Sharing with a Two-Stage Mechanism" (with David Wettstein). International Economic Review, May 2000 41(2):399-409. [PDF]
"The Possibility of Mixed-Strategy Equilibria with Constant-Returns-to-Scale Technology under Bertrand Competition" (with David Wettstein). Spanish Economic Review, March 2000 2(1):65-71. [PDF]
"Cost Sharing: Efficiency and Implementation" (with David Wettstein). Journal of Mathematical Economics, December 1999 32(4):489-502. [PDF]
"Self-Serving Bias [Comment]" (with Bradley Ruffle). Journal of Economic Perspectives, Spring 1998 12(2):243-244. [Extended version PDF]
"A Program for Finding Nash Equilibria" (with John Dickhaut). The Mathematica Journal, Fall 1992 1(4):87-93. [PDF] [Program] [Updated for 3 players] [Mathematica Demonstrations (cool!)]
"Designing an Incentive-Compatible Contract" (with Arijit Mukherji) in Economic and Financial Modeling with Mathematica, Editor: Hal Varian, Springer-Verlag, 1993.
"A Program for Finding Nash Equilibria" (with John Dickhaut) in Economic and Financial Modeling with Mathematica, Editor: Hal Varian, Springer-Verlag, 1993.
Information Aggregation in Arrow-Debreu Markets: An Experiment. Research Outreach, March 2020. Link
Risk of a run on Deutsche Bank is real – even if its financials look fine. The Conversation, October 2016. Link.
When The Wisdom Of Crowds Is Wrong, Huffington Post, The Blog, November 2016. Link
The Strategic Use of Seller Information in Private-Value Auctions (with Shmuel Zamir). [PDF]
Revenue Effects of Asymmetry in Auctions (with Shmuel Zamir) [PDF]
Delegated Job Design (with Hans Hvide) [PDF]
Auctions with Private Entry Costs (with Aner Sela) [PDF]
I wish to thank various foundations for their generous support of my work, including iFree, Nuffield, Leverhulme, ESRC, HEFCE, British Academy, and Israeli Science Foundation.
I wish to thank Tim Pestridge for taking the photo (I highly recommend him).