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Daniel Friedman Home  Directory Daniel Friedman
| Education History | |
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Ph.D., University of California, Santa Cruz |
| Courses Taught | |
ECON-296A-01 - 3rd Year Ph.D. Sem
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| Research Focus | |
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Microeconomic theory, evolution and learning, behavioral economics, financial markets. |
| Long Description | |
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Daniel Friedman joined the faculty in 1985 after teaching at UCLA and UC Berkeley. He has broad research interests in applied economic theory, with recent emphasis on learning and evolution, laboratory experiments, and financial markets. The coauthor of three books, eleven NSF grants, and dozens of research articles, he currently is studying a) how motives beyond self-interest affect market performance, and b) market formats for electronic commerce. |
| Selected Publications | |
"A Tractable Model of Reciprocity and Fairness," with James C. Cox and Steven Gjerstad, Games and Economic Behavior 59(1) 17-45 (March 2007).
"Searching for the Sunk Cost Fallacy," with Kai Pommerenke, Rajan Lukose, Garrett Milam, and Bernardo Huberman, forthcoming, Experimental Economics.
"Litigation with Symmetric Bargaining and Two-Sided Incomplete Information," with Donald Wittman, forthcoming Journal of Law, Economics and Organization.
"Markups in Double Auction Markets," with Wenjie Zhan, forthcoming, Journal of Economic Dynamics and Control.
"The Dynamics of Price Dispersion, or Edgeworth Variations," with Timothy Cason and Florian Wagener, Journal of Economic Dynamics and Control, 29(4), 801-822 (April 2005).
"Negative Reciprocity: The Coevolution of Memes and Genes", with Nirvikar Singh, Evolution and Human Behavior, 25(3), 155-173 (May 2004).
"Buyer Search and Price Dispersion: A Laboratory Study," with Tim Cason, Journal of Economic Theory, 112(2), 232-260, (October 2003).
"Learning to Forecast Price," with Hugh M. Kelley, Economic Inquiry, 40:4, 556-573 (October 2002).
"Towards Evolutionary Game Models of Financial Markets," Quantitative Finance 1:1, 177-185 (January 2001). Reprinted in Beyond Equilibrium and Efficiency, D Farmer and J. Geanokopolus (eds), Oxford University Press, 2002.
Friedman, D. "Monty Hall's Three Doors: Construction and Deconstruction of a Choice Anomaly," American Economic Review, 88(4):933-946, September 1998.
Friedman, D., and Y-W. Cheung. "Individual Learning in Games: Some Laboratory Results," Games and Economic Behavior, 19(1):46-76, April 1997.
Friedman, D. (with T. N. Cason). "Price Formation in Single Call Markets," Econometrica, 65(2):311-345, March 1997.
Friedman, D., and K. C. Fung. "International Trade and the Internal Organization of Firms: An Evolutionary Approach," Journal of International Economics, 41:113- 137, August 1996.
Friedman, D. (with S. Sunder). Experimental Methods: A Primer for Economists. Cambridge, England, and New York: Cambridge University Press, 1994.
Friedman, D. (coeditor with J. Rust). Double Auction Markets: Institutions, Theories, and Evidence. Reading, Mass.: Addison-Wesley/Santa Fe Institute, 1993.
Friedman, D. "Evolutionary Games in Economics," Econometrica, 59(3):637-666, 1991. |
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