
Assistant Professor of Economics
Education
Ph.D. California Institute of Technology, Economics (2015)
Areas of Expertise
- Behavioral economics
- Applied microeconomics
- Experimental economics
- Judgment and decision-making
Courses
Current Committees
- Winter Study Committee
Research and Teaching Fields
Behavioral Economics, Judgment and Decision-Making, Applied Microeconomics, Experimental Economics
Publications
1. Chao M, Larkin I. Regulating conflicts of interest through public disclosure and social image incentives: Evidence from a physician payments sunshine law. Forthcoming, Management Science.
2. Chao M, Chapman J. Saving face through preference signaling and obligation avoidance. Journal of Economic Behavior & Organization 2020; 176: 569-581. Also available on SSRN.
3. Chao M. Intentions-based reciprocity to monetary and non-monetary gifts. Games 2018; 9, 74 (Special issue on dictator games).
4. Chao M. Demotivating incentives and motivation crowding out in charitable giving. PNAS 2017; 114(28):7301-7306.
5. Larkin I, Ang D, Steinhart J, Chao M, Patterson M, Sah S, Wu T, Schoenbaum M, Hutchins D, Brennan T, Loewenstein G. Association between academic medical center pharmaceutical detailing policies and physician prescribing. JAMA 2017; 3017(17):1785-95.
Selected press coverage: NPR, Slate, Newsweek, USNews, Boston Globe, Williams Magazine
Experimental datasets for published papers.
Working Papers
1. Chao M, Fisher G. Selfish giving: The effect of conditional gifts on donor mindset and charitable donations. Revise and Resubmit, Management Science.
2. Chao M, Larkin I. Why do goal-based incentives cause cheating? Unpacking the confounding effects of goals, social comparisons, and pay. Revise and Resubmit, Organizational Behavior and Human Decision Processes.
On Campus Experiments
Williams students can click here to register as a participant in (paid) economics experiments held either on campus or online.
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