headshot photo of Dr. Stephen Rassenti

Dr. Stephen Rassenti

Professor, Director, The Economic Science Institute
Economic Science Institute
Schmid College of Science and Technology; Mathematics
The George L. Argyros School of Business and Economics
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