headshot photo of Dr. Stephen Rassenti

Dr. Stephen Rassenti

Professor, Director, The Economic Science Institute
Economic Science Institute
The George L. Argyros School of Business and Economics
Schmid College of Science and Technology; Mathematics and Computer Science
Office Location: Wilkinson Hall 104
Phone: (714) 628-2802
Scholarly Works:
Digital Commons
Concordia University, Bachelor of Science
University of Arizona, Master of Science
University of Arizona, Ph.D.


Research Interests:

Economic Systems Design, Experimental Economics, Organizational Design

Recent Publications:

Porter, D., Rassenti, S., Shobe, W., Smith, V., and Winn, A. The Design, Testing and Implementation of Virginia’s NOx Allowance AuctionJournal of Economic Behavior and Organization, 69, pp. 190-200, February, 2009.

Denton, M., Rassenti, S. and Smith, V. Spot Market Mechanism Design and Competitivity Issues in Electric Power. Journal of Economic Behavior & Organization, 44, 2001.

Backerman, S., Denton, M., Rassenti, S. and Smith, V. Market Power in a Deregulated Electrical Industry. Journal of Decision Support Systems, 30(3), 2001.

CV of Stephen Rassenti 

Recent Creative, Scholarly Work and Publications

“Payment Scheme Self-Selection in the Credence Goods Market: An Experimental Study,” with Ellie Green and Hernan Bejarano, accepted at Journal of Economic Behavior and Organization, 07/2017
"Are Group Purchasing Organizations Hindering Innovation and Raising Medical Expenses?” with Lance Clifner, Kevin James and Vernon Smith, Report to Masimo Foundation/Chapman President, 06/2017
“To Trust or not to Trust: Cognitive Reflection in Trust Games” with Brice Corgnet, Antonio Espin, Roberto Hernán-Gonzalez, Praveen Kujal, Journal of Behavioral and Experimental Economics, 10/2016
"Firing Threats and Tenure: Incentive effects and impression management," with Brice Corgnet & Roberto Hernán-Gonzalez, Games and Economic Behavior, 04/2015
“Dynamic Optimization and Conformity in Health Behavior and Life Enjoyment over the Life Cycle,” with Hernan Bejarano, Hillard Kaplan, Frontiers of Neuroscience , 06/2015
"Peer Pressure and Moral Hazard in Teams: Experimental Evidence" with Brice Corgnet and Roberto Hernán-Gonzalez, Review of Behavioral Economics, 12/2015
“Cost Share Adjustment Processes for Cooperative Group Decisions about Shared Goods: A Design Approach,” with Edna T. Loehman and Richard Kiser, Group Decision and Negotiation, 2013
"Effectiveness of Group Purchasing Organizations: Experimental Design and Results," with Yom Bui, Lance Clifner, David Porter, Joe Rassenti, Steve Rassenti, Vernon Smith, a report to the Masimo Corporation, March 2013