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Curtis L. Carlson Chair in Accounting Accounting 3-113 CarlSMgmt 321 19th Ave S Minneapolis, MN  55455 Phone: 612/624-9891 jdickhau@umn.edu

Education
PhD, 1970, accounting, Ohio State University
MA, 1966, Ohio State University
BA, 1964, English, Duke University

Expertise
Accounting, neuroaccounting, neuroeconomics, and experimental economics
Examination of risk sharing in asymmetric information and pure exchange environments
The impact of truth-revealing incentives on preference reversals
Economic rationale for sunk costs
Inducing versus inferring risk preferences
The impact of trust in exchange
The role of information in coordinating economic choice through time
Economics of aging
Economics of addiction

Current Research
With colleagues I am studying a new model of choice based on brain function, examining the evolution of economic institutions in the laboratory, choice without probabilities, and self-ordering mechanisms.

Major Publications

• "Economics and Emotions: Institutions Matter," John Dickhaut, Games and Economic Behavior (August 2005).
• "Risk Preference Instability Across Institutions: A Dilemma," John Dickhaut, Proceedings of the National Academy of Sciences (March 2005).
• "A Brain Imaging Study of the Choice Procedure," John Dickhaut, Games and Economic Behavior (August 2005).
• "Preference Reversals and Induced Risk Preferences: Evidence for Noisy Maximization," John Dickhaut, Journal of Risk and Uncertainty (2003).
• "Information Transparency and Coordination Failure: Theory and Experiment," John Dickhaut, Journal of Accounting Research (April 2004).
• "Price Formation in Double Auctions," John Dickhaut and S. Gjerstad, Games and Economic Behavior (1998).
• "Trust, Reciprocity, and Social History," John Dickhaut, J. Berg, and K. McCabe, Games and Economic Behavior (1995).
• "An Experimental Study of Strategic Information Transmission," John Dickhaut, K. McCabe, and A. Mukherji, Economic Theory (1995).

Other Publications

• Neuroeconomics (New Palgrave, forthcoming).