Applied Research
Economics/Finance
Publications
697 Olsen, R. (2010) Toward a theory of behavioral finance: Implications from the natural sciences. Qualitative Research in Financial Markets, 2, 100-128.
630 Olsen, R. A. (2009, Spring). Animal foraging and investors' portfolios: Why the decision similarity? The Journal of Investing, 18(1) 7-14.
621 Xue, G., Lu, Z., Levin, I. P., Weller, J. A., Li, X., & Bechara, A. (2009). Functional dissociations of risk and reward processing in the medial prefrontal cortex. Cerebral Cortex, 19, 1019-1027.
625 Olsen, R. (2008). Cognitive dissonance: The problem facing behavioral finance. The Journal of Behavioral Finance, 9, 1-4.
616 Burns, W. J., & Slovic, P. (2007). The diffusion of fear: Modeling community response to a terrorist strike. JDMS: The Journal of Defense Modeling and Simulation: Applications, Methodology, Technology, 4, 298-317.
596 Failing, L., Gregory, R., & Harstone, M. (2007). Integrating science and local knowledge in environmental risk management: A decision-focused approach. Ecological Economics, 64, 47-60.
543 Gregory, R., Failing, L., & Higgins, P. (2006). Adaptive management and environmental decision making: A case study application to water use planning. Ecological Economics, 58, 434-447.
552 Peters, E. (2006). Numbers are just numbers [Commentary on the chapter “Social norms, rules of thumb, and retirement: Evidence for rationality in retirement planning]. In K.W. Shaie & L. L. Carstensen (Eds.), Social structures, aging and self-regulation in the elderly (pp. 175-188). New York: Springer.
515 Olsen, R. (2004). Trust, complexity and the 1990s market bubble [Editorial commentary]. The Journal of Behavioral Finance, 5, 186-191.
529 Trousdale, W., & Gregory, R. (2004). Property evaluation and biodiversity conservation: Decision support for making hard choices. Ecological Economics, 48, 279-291.
530 McDaniels, T. L., Gregory, R., Arvai, J., & Chuenpagdee, R. (2003). Decision structuring to alleviate embedding in environmental valuation. Ecological Economics, 46, 33-46.
506 Peters, E., Slovic, P., & Gregory, R. (2003). The role of affect in the WTA/WTP disparity. Journal of Behavioral Decision Making, 16, 309-330.
498 Slovic, P., Finucane, M. L., Peters, E., & MacGregor, D. G. (2002). Rational actors or rational fools? Implications of the affect heuristic for behavioral economics. Journal of Socio-Economics, 31, 329-342. Download a later, revised version of this article (1.2MB, PDF)
471 Gregory, R., & Wellman, K. (2001). Bringing stakeholder values into environmental policy choices: A community-based estuary case study. Ecological Economics, 39, 37-52.
480 Olsen, R. A. (2001). Professor Burrell's proposal for a behavioral finance: Some reflections. The Journal of Psychology and Financial Markets, 2(1), 54-56.
499 Olsen, R.A. (2001). Behavioral finance as science: Implications from the research of Paul Slovic. The Journal of Psychology and Financial Markets, 2, 157-159.
456 Russell, C., Dale, V., Lee, J., Jensen, M. H., Kane, M., & Gregory, R. (2001). Experimenting with multi-attribute utility survey methods in a multi-dimensional valuation problem. Ecological Economics, 36, 87-108.
434 Gregory, R. (2000). Valuing environmental policy options: A case-study comparison of multiattribute and contingent valuation survey methods. Land Economics, 76(2), 151-173.
444 Satterfield, T., Slovic, P., & Gregory, R. (2000). Narrative valuation in a policy judgment context. Ecological Economics, 34(3), 315-331.
425 Brown, T. C., & Gregory, R. (1999). Why the WTA-WTP disparity matters. Ecological Economics, 28, 323-335.
409 Olsen, R. A. (1998, March/April). Behavioral finance and its implications for stock-price volatility. Financial Analysts Journal, pp. 10-18.
382 Gregory, R., Flynn, J., Johnson, S. M., Satterfield, T. A., Slovic, P., & Wagner, R. (1997). Decision-pathway surveys: A tool for resource managers. Land Economics, 73(2), 240-254.
380 Gregory, R., & Slovic, P. (1997). A constructive approach to environmental valuation. Ecological Economics, 21, 175-181.
400 Olsen, R. A. (1997). Prospect theory as an explanation of risky choice by professional investors: Some evidence. Review of Financial Economics, 6(2), 225-232.
355 Gregory, R., Lichtenstein, S., Brown, T. C., Peterson, G. L., & Slovic, P. (1995). How precise are monetary representations of environmental improvements? Land Economics, 71(4), 462-473.
395 Loomis, J., Gonzalez-Caban, A., & Gregory, R. (1994). Do reminders of substitutes and budget constraints influence contingent valuation estimates? Land Economics, 70, 499-506.
251 Gregory, R., MacGregor, D. G., & Lichtenstein, S. (1992). Assessing the quality of expressed preference measures of value. Journal of Economic Behavior and Organization, 17, 277-292.
298 Gregory, R. (1991). Pollinating the decision tree [Review of Decision making: Descriptive, normative, and prescriptive interactions]. Journal of Economic Behavior and Organization, 15.
264 Slovic, P., Layman, M., Kraus, N., Flynn, J., Chalmers, J., & Gesell, G. (1991). Perceived risk, stigma, and potential economic impacts of a high-level nuclear waste repository in Nevada. Risk Analysis, 11, 683-696.
238 Gregory, R., & MacGregor, D. G. (1990). Valuing changes in environmental assets. In R. L. Johnson & G. V. Johnson (Eds.), Economic valuation of natural resources: Issues, theory, and applications (pp. 67-77). Boulder, CO: Westview.
253 Tversky, A., Slovic, P., Kahneman, D. (1990). The causes of preference reversal. American Economic Review, 80, 204-217.
271 Gregory, R., Niemi, E., & Mendelsohn, R. (1989). A model for evaluating the impacts of forest management regulations. Journal of Environmental Management, 29, 129-144.
261 Brown, T. C., & Slovic, P. (1988). Effects of context on economic measures of value. In G. L. Peterson, B. L. Driver, & R. Gregory (Eds.), Amenity resource valuation: Integrating economics with other disciplines (pp. 23-30). State College, PA: Venture.
245 Gregory, R., & Bishop, R. C. (1988). Willingness to pay or compensation demanded: Issues in applied resource valuation. In G. L. Peterson, B. L. Driver, & R. Gregory (Eds.), Amenity resource valuation: Integrating economics with other disciplines (pp. 135-141). State College, PA: Venture.
223 Gregory, R. (1986). Interpreting measures of economic loss: Evidence from contingent valuation and experimental studies. Journal of Environmental Economics and Management, 13, 325-337.
182 Slovic, P., & Lichtenstein, S. (1983). Preference reversals: A broader perspective. American Economic Review, 73, 596-605.
96 Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47, 263-291.
102 Kunreuther, H., & Slovic, P. (1978). Economics, psychology and protective behavior. American Economic Review, 68, 64-69.
37 Slovic, P. (1972). Psychological study of human judgment: Implications for investment decision making. Journal of Finance, 27, 779-799.