Behavioral Economics Lab

Our lab conducts experiments in behavioral economics, behavioral finance, neuroscience and other topics.

Faculty members

• Federico Guerrero
  • Federico Guerrero's Research Gate
• James Leonhardt
  • James Leonhardt's Google Scholar
• Garret Ridinger
  • Garret Ridinger's Google Scholar
• James Sundali
  • James Sundali's Google Scholar

Recent publications

• Ridinger, G., Sundali, J., Guerrero, F., Solorio, M., Fan, M., Sevindik, I., Chen, Q. & Neely, D. (2026). An experiment on the impacts of experiential investment advice. PloS one, 21(2), e0343126.
• Karapetian A., Sundali J., Guerrero F., Hanna A., Ridinger G. Risk aversion and social influence. Experimental Economics. Published online 2025:1-26.
• Salaghe, F., Guerrero, F., Jones, D., Nichols, M. W., & Sundali, J. (2023). Behavioral Responses to Losses Disguised as Wins: A Field Study of Slot Machine Players. Journal of Gambling Studies, 1-20.
• Guerrero, F., Papadovasilaki, D., Ridinger, G., & Sundali, J. (2021). Investor beliefs in the midst of a market crash and the COVID 19 pandemic: Survey and experimental evidence. Decision, 8(4), 295–326.
• Salaghe, F., Sundali, J., Nichols, M. W., & Guerrero, F. (2020). An empirical investigation of wagering behavior in a large sample of slot machine gamblers. Journal of Economic Behavior & Organization, 169, 369-388.
• Salaghe, F., Papadovasilaki, D. , Guerrero, F., Sundali, J. (in press). Temptation and Retirement Accounts: A Story of Time Inconsistency and Bounded Rationality. Athens Journal of Business & Economics
• Papadovasilaki, D., Guerrero, F., Sundali. J. (2018). The effect of early and salient investment experiences on subsequent asset allocations—An experimental study. Journal of Behavioral and Experimental Finance. Volume 19, September 2018, Pages 1-19
• Safford, A., Sundali, J., Guerrero, F. (2018). Does experiencing a Crash make all the difference? An Experiment on the Depression Babies Hypothesis. Sage Open, Volume: 8 issue: 2. Article first published online: May 25, 2018
• Wuthisatian, Rattaphon, Federico Guerrero, James Sundali, (2017) "Gain attraction in the presence of social interactions", Review of Behavioral Finance, Vol. 9 Issue: 2, pp.105-127

Students

Current PhD Students in Lab:

• Sriparna Bhattacharjee
• Mengfei Zhang

Recent graduates from the lab include:

• Diana Neely (University of South Florida)
• Qizhou Luo (Industry)
• Armina Karapetian (University of Nevada, Reno)
• Mengyue Fan (Meta)
• Mauricio Solorio Arteaga (Chief Economist, Nevada Governor’s Office)
• Irem Sevindik (Industry)
• Qifan Chen (Longwood University)
• Florina Salaghe (Benedictine University)
• Dimitra Papadovasilaki (Lake Forest College)
• Rattaphon Wuthisatian (Southern Oregon University)
• Amanda Safford (Consultant)

*Our lab is currently accepting new Ph.D. students for Fall 2027 admission. Interested applicants should apply to either the College of Business Ph.D. program in Management or Economics.