Lawrence Choo, PhD

I am an Associate Professor in the Department of Economics at the University of Macau, where I also serve as the Coordinator of the Experimental Economics Laboratory In addition, I am an Associate Editor at the Journal of Behavioral and Experimental Economics (JBEE).

My research in behavioural and experimental economics focuses on experimental finance, prediction markets, industrial organisation, and bounded rationality, combining experiments and game theory to study how institutions, incentives, and cognitive constraints shape information aggregation and strategic decision-making. In recent years, I have expanded my research agenda into genoeconomics and market design.

Email: lawrence.cy.choo [at] gmail.com

CV [link]

Academic Positions

Associate Professor, University of Macau, Department of Economics (Sept 2024 to Present)
Associate Professor, Southwestern University of Finance and Economics (Jul 2021 to Aug 2024)
Assistant Professor, Southwestern University of Finance and Economics (Sept 2020 to Jun 2021)
Postdoc, University of Erlangen-Nuremberg (Oct 2014 to Aug 2020)
Research Fellow, University of Haifa (Nov 2018 to Jan 2020)

Academic Services

(2026- ) Associate Editor, Journal of Behavioral and Experimental Economics
(2025- ) Editorial Board member, Applied Psychology

Education

PhD Economics, University of Exeter (2014)
Msc Economics & Experimental Economics, University of Exeter (2010)
Bsc Economics & Management, University of London external study (2009)

Publications

Lawrence Choo, Todd R. Kaplan and Xiaoyu Zhou (2026). "Market selection of strategic thinking types" Journal of Economic Behavior & Organization. [link]
Lawrence Choo, Zhen Lei and Wei Tang (2026). "Motivated by karma" Journal of Economic Behavior & Organization. [link]
Soo Hong Chew, Lawrence Choo, Richard P. Ebstein and Yunfeng Lu (2025). "Social efficiency orientation in rice culture" Experimental Economics. [link]
Geoffrey Castillo, Lawrence Choo and Veronika Grimm (2022). "Are groups always more dishonest than individuals? The case of salient negative externalities" Journal of Economic Behavior & Organization, 198, 598-611. [link]
Lawrence Choo, Todd R. Kaplan and Ro’i Zultan (2022). "Manipulation and (mis)trust in prediction markets". Management Science. [link]
Lawrence Choo and Xiaoyu Zhou (2022). "Can market selection reduce anomalous behaviour in games?" European Economic Review, 2022 (103958). [link]
Surajeet Chakravarty, Lawrence Choo, Todd R. Kaplan and Miguel A. Fonseca (2021). "Should regulators always be transparent? A bank run experiment". European Economic Review, 136 (103764). [link]
Lawrence Choo, Veronika Grimm, Gergely. Horváth and Kohei. Nitta (2019). "Whistleblowing and diffusion of responsibility: An experiment". European Economic Review, 119, 287-301. [link]
Lawrence Choo, Todd R. Kaplan and Ro’i Zultan (2019). "Information aggregation in Arrow-Debreu markets: An experiment". Experimental Economics, 22 (3), 625-652. [link]
Lawrence Choo, Miguel Fonseca and Gareth D. Myles (2016). "Do students behave like real taxpayers in the lab? Evidence from a real effort tax compliance experiment". Journal of Economic Behavior & Organization, 124, 102-114. [link]

PhD Students

Xinghan Liu (Amanda), Main advisor, University of Macau, 2024 intake
Yingzixuan Zhou, Main advisor, University of Macau, 2025 intake
Feifei Mai, Main advisor, University of Macau, 2025 intake
Shuyuan Wu, Main advisor, University of Macau, 2026 intake
John Tan Zhu En, Committee member, Nanyang Technological University, 2024 intake
Yixuan Wang (Eddie), co-advisor, University of Macau, 2024 intake