Georgia State University J. Mack Robinson College of Business

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Glenn W. Harrison

Director, Center for the Economic Analysis of Risk; Professor and Holder of the C.V. Starr Chair

Risk Management and Insurance

J. Mack Robinson College of Business
Georgia State University
Room:
Phone: 404-413-7456
E-mail: gharrison@gsu.edu

Education:

Ph.D. (Economics), UCLA
Master of Arts, UCLA
Master of Economics, Monash University
Bachelor of Economics (Honours), Monash University (Melbourne, Australia)

Specializations:

Experimental Economics
Econometrics
Environmental and Resource Economics
International Trade Policy

Biography:

Glenn Harrison is the C.V. Starr Chair of Risk Management & Insurance and Director of the Center for the Economic Analysis of Risk (CEAR), in the Department of Risk Management & Insurance, J. Mack Robinson College of Business, Georgia State University. He has over 140 academic publications, including general journals such as Econometrica, American Economic Review, Journal of Political Economy, the Economic Journal, Journal of the American Statistical Association, and the American Journal of Public Health, and specialist journals such as Journal of Environmental Economics & Management, Land Economics, Natural Resources Journal, Journal of Law & Economics, Experimental Economics, and Economics & Philosophy. His research interests include experimental economics, law and economics, international trade policy and environmental policy.

His work in experimental economics has included the study of bidding behavior in auctions, market contestability and regulation, bargaining behavior, and the elicitation of risk and time preferences. Most recently it has examined the complementarity of laboratory and field experiments. His work in law and economics has centered on the calculation of compensatory damages in tobacco litigation, including testifying for plaintiffs in the Medicaid litigation that resulted in a settlement worth over $200 billion. Most recently he has worked on the relationship between compensatory and punitive damages, and class actions involving the excessive promotion of certain drugs. His work in international trade policy has employed computable general equilibrium models to quantify the effects of unilateral, regional and multilateral trade reforms. A particular focus of this policy analysis has been to assess the effects of trade reform on poor households in developing countries. His work in environmental economics has included modeling the effects of alternative policies to mitigate global warming, critiques of casual applications of the contingent valuation method, and improved methods of damage assessment. Most recently he has focused on the formal characterization of environmental reform as a “policy lottery” that properly reflects uncertainty in predicted effects on households.

Professor Harrison has been a consultant for numerous government agencies and private bodies. These include the World Bank (evaluating trade policy reforms for developing countries), the Swedish government and the United States Environmental Protection Agency (evaluating carbon tax proposals), the Danish government (evaluating tax and deregulation policies), and counsel representing parties suing tobacco companies and drug companies for economic damages. Professor Harrison is a Pisces, and loves red wine, one Swedish woman, and one American daughter. Before academic life, Professor Harrison played Australian “no-rules” football for Hawthorn in the Australian Football League, kicking one goal in his career.

Recent Publications:

  • "Choice Under Uncertainty: Evidence from Ethiopia, India and Uganda," (with Steven J. Humphrey and Arjan Verschoor), The Economic Journal, 119, 2009 forthcoming.
  • "Testing Static Game Theory with Dynamic Experiments: A Case Study of Public Goods" (with Anabela Botelho, Lígia M. Costa Pinto and E. Elisabet Rutström), Games and Economic Behavior, 67(1), September 2009, 253-265.
  • "Expected Utility And Prospect Theory: One Wedding and Decent Funeral," (with Elisabet Rutström), Experimental Economics, 12(2), June 2009, 133-158.
  • "Virtual Experiments and Environmental Policy," (with Stephen M. Fiore, Charles E. Hughes and E. Elisabet Rutström), Journal of Environmental Economics & Management, 57(1), January 2009, 65-86.
  • "Eliciting Risk and Time Preferences" (with Steffen Andersen, Morten Lau and Elisabet Rutström), Econometrica, 76(3), May 2008, 583-618.