Ernest K. Lai
Associate Professor
Economics
Ernest K. Lai, Ph.D., holds the Class of '61 Professorship
Office: RBC 426
kwl409@lehigh.edu
610-758-5726
Fax: 610-758-4677
Courses Taught
- Applied Microeconomics
- Experimental and Behavioral Economics
- Game Theory
- Economics and Markets (1-MBA)
- Advanced Microeconomic Analysis (Ph.D.)
- Advanced Topics in Microeconomics (Ph.D.)
- Topics in Game Theory (Ph.D.)
Professor Lai joined the Department of Economics at Lehigh University in 2009 after obtaining his doctorate from the University of Pittsburgh. A native of Hong Kong, Professor Lai is a game theorist and experimentalist. His research focuses on using the tools of game theory and laboratory experiments to study strategic communication. He teaches game theory at the undergraduate and graduate levels and is the director of the Ph.D. program of the College of Business.
Education
- The Hong Kong University of Science and Technology, B.B.A. (Econ.)
- The University of Hong Kong, M.Econ.
- University of Pittsburgh, Ph.D.
Research Interests
- Game Theory
- Experimental Economics
- "Strategic Information Transmission: A Survey of Experiments and Theoretical Foundations" (with Andreas Blume and Wooyoung Lim), forthcoming in C. Monica Capra, Rachel Croson, Mary Rigdon, and Tanya Rosenblat (eds), Handbook of Experimental Game Theory, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing.
- "Eliciting Private Information with Noise: The Case of Randomized Response" (with Andreas Blume and Wooyoung Lim), Games and Economic Behavior, 113 (2019), 356-380.
- "The Informational Theory of Legislative Committees: An Experimental Analysis" (with Marco Battaglini, Wooyoung Lim, and Joseph Tao-yi Wang), American Political Science Review, 113 (2019), 55-76.
- "Meaning and Credibility in Experimental Cheap-Talk Games" (with Wooyoung Lim), Quantitative Economics, 9 (2018), 1453-1487.
- "Coordination via Correlation: An Experimental Study" (with John Duffy and Wooyoung Lim), Economic Theory, 64 (2017), 265-304.
- "An Experimental Analysis of Multidimensional Cheap Talk" (with Wooyoung Lim and Joseph Tao-yi Wang), Games and Economic Behavior, 91 (2015), 114-144.
- "Expert Advice for Amateurs," Journal of Economic Behavior and Organization, 103 (2014), 1-16.
- "Authority and Communication in the Laboratory" (with Wooyoung Lim), Games and Economic Behavior, 74 (2012), 541-560.
Working Papers
- "Confirmatory Bias in Health Decisions: Evidence from the MMR-Autism Controversy" [with Mengcen Qian (first author) and Shin-Yi Chou]
- "Mediated Talk: An Experiment" (with Andreas Blume and Wooyoung Lim)