Vivian Lei, Associate Professor

Office: Bolton Hall, Room 818
Phone: (414) 229-6494
e-mail: vlei@uwm.edu

Degrees:
Ph.D. Economics, Purdue University, 2000
M.A. Economics, Michigan State University, 1995
B.A. Economics, National Taipei University, 1991

Research Interests:
Macroeconomics, Experimental Economics, Behavioral Finance

Current Projects:
"Do 'Overconfident' Traders Really Trade More Aggressively?"

"Do Separation Laws Matter? An Experimental Study of Commitment" (formerly titled "An Experimental Study of Commitment under Different Separation Rules") (with Filip Vesely and Scott Drewianka).

"Forgive or Buy Back: An Experimental Study of Debt Relief" (with Steven Tucker
and Filip Vesely).

"Intra- vs. Inter-Group Trust: The Impact of Income Inequality" (with Filip Vesely).

"Myopic Defectors: Safeguard for Cooperation?" (with Filip Vesely and Chun-lei
Young).

"Patent Protection and Innovation: An Experimental Study" (with Filip Vesely).

"Short-Term and Long-Term Capital Flows: Theoretical Model and Experimental
Evidence" (with Kenneth Chan and Filip Vesely).

Selected Publications:
"Market Efficiency: Evidence from a No-Bubble Asset Market Experiment," forthcoming, Pacific Economic Review (with Filip Vesely).

"Equilibrium Selection in an Experimental Macroeconomy," Southern Economic Journal, 74(2), October 2007: 448-482 (with Charles N. Noussair).

"Foreign Aid and Weakest-Link International Public Goods: An Experimental Study," European Economic Review, 51(3), April 2007: 599-623 (with Steve Tucker and Filip Vesely).

"International Integration and Growth: A Further Investigation on Developing Countries," International Advances in Economic Research , November 2006, 12(4), pp. 435-48. (with Claire Economidou and Janet S. Netz)

"Review of Paving Wall Street: Experimental Economics and the Quest for the Perfect Market, by Ross M. Miller, John Wiley and Sons, Inc.," Journal of Economic Literature, June 2003, 41(2), pp. 598-99.

"An Experimental Test of an Optimal Growth Model," American Economic Review, June 2002, 92(3) pp. 549 - 70. (with Charles N. Noussair)

"Nonspecualtive Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality," Econometrica, July 2001, 69(4), pp. 813-59. (with Charles N. Noussair and Charles R. Plott)

"International Integration and Growth: A Survey and Empirical Investigation," Review of Development Economics, Feb. 2001, 5(2), pp. 289-311 (with Jon D. Haveman and Janet S. Netz)