Kislaya Prasad Directory Page

Kislaya Prasad

Kislaya Prasad

Research Professor

Academic Director, Center for Global Business

PhD, Syracuse University

  • Decision, Operations and Information Technologies
  • Contact

    4323 Van Munching Hall

    Prasad is a Research Professor at the Robert H. Smith School of Business, University of Maryland. He received his Ph.D. in Economics and M.S. in Computer Science from Syracuse University. Previous positions include Professor of Economics at Florida State University and Research Officer at the University of Cambridge. His principal research focus is on the computability and complexity of individual decisions and economic equilibrium, innovation and diffusion of technology, and social influences on economic behavior. His research has been published in leading economic journals such asJournal of Monetary Economics, Journal of Mathematical Economics, International Journal of Game Theory, and Journal of Economic Dynamics and Control. Current projects include medical treatment variations and diffusion of technologies in medicine, complexity of choice under uncertainty, and experimental tests of contract theory. His research is currently funded by a grant from the National Science Foundation.  Prasad is also a Guest Scholar at the Center on Social and Economic Dynamics, The Brookings Institution, Washington D.C.

    • Deferred Compensation Vs. Efficiency Wages: An Experimental Test of Effort Provision and Self-Selection (with Dave Macpherson and Tim Salmon),
    • Journal of Economic Behavior and Organization, forthcoming.
    • A Comparison of Victim-Reported and Police-Recorded Crime in India, Economic and Political Weekly, Vol. XLVIII, No. 33 (August 17, 2013), 47–53.
    • Self-Selection and Market Power in Risk-Sharing Contract (with Tim Salmon), Journal of Economic Behavior and Organization(link is external), 90 (2013) 71–86.
    • Economic Liberalization and Violent Crime, Journal of Law and Economics, November 2012, Vol. 55, 925-948.
    • Incorporating social network effects into cost-effectiveness analysis: a methodological contribution with application to obesity prevention, BMJ Open, 2012;2:e001038. doi:10.1136/bmjopen-2012-001038. (With Chad Konchak)
    • Relative Wealth Concerns and Entrepreneurship (with Manoj Atolia), Economica, Vol. 78, Issue 310, pp. 294-316, 2011.
    • Physician Social Networks and Regional Variation in Medical Practice (with Gary M. Fournier and Mary Burke), Journal of Economic Behavior and Organization, 73 (2010), pp. 418-432.
    • The Diffusion of a Medical Innovation: Is Success in the Stars? New Evidence, Southern Economic Journal, April 2009. (With Mary A. Burke and Gary M. Fournier).
    • The Rationality/Computability Trade-off in Finite Games, Journal of Economic Behavior and Organization(link is external), 69: 17-26, 2009.
    • Social Interactions and the ‘Digital Divide’: Explaining Regional Variations in Internet Use, Information Systems Research, 20 (2009), 277-294. (with Ritu Agarwal and Animesh Singh).
    • Price Asymptotics, Review of Economic Design, 12: 21-32, 2008.
    • The Diffusion of a Medical Innovation: Is Success in the Stars? Southern Economic Journal, Vol. 73 (3), 2007. (With Mary A. Burke and Gary M. Fournier).
    • The Emergence of Local Norms in Networks, Complexity, 11 (5), 2006. (With Mary A. Burke and Gary M. Fournier).
    • Imitation and Long Run Outcomes, Topics in Theoretical Economics, Vol. 4: No. 1, Article 7, 2004. (With Jayasri Dutta).
    • Observation, Measurement and Computation in Finite Games, International Journal of Game Theory, 32 (4), 2004, 455-470.
    • Constructive and Classical Models for Results in Economics and Game Theory, Metroeconomica, (55), 2004, 141-154.
    • Non-robustness of Some Economic Models, Topics in Theoretical Economics, Vol. 3: No. 1, Article 1, 2003, 1-7.
    • Stable Risk Sharing, Journal of Mathematical Economics, 38, 2002, 411 – 439, (with Jayasri Dutta).
    • An Evolutionary Model of Debt, Journal of Monetary Economics, 2002, 49, 1407 - 1438 (with Mary Burke).
    • On the Computability of Nash Equilibria, Journal of Economic Dynamics and Control, 21, 1997, 943-953.
      [Reprinted in Computable Economics, edited by K. Vela Velupillai, Stefano Zambello, and Stephen Kinsella, in the series International Library of Critical Writings in Economics, Mark Blaug, ed. Edward Elgar Press, 2012.]
    • A Weibull Duration Model with Unobservable Heterogeneity Modeled as a Mixture of Dirichlet Processes, Economics Letters, 55, 1997, 19-25 (with Jan Ondrich).
    • Learning by Observation within the Firm, Journal of Economic Dynamics and Control, 20, 1996, 1395-1425 (with Jayasri Dutta).
    • Wage-Employment Determination in Unionized Markets: Reconciling Theory and Evidence, Economics Letters, 48, 1995, 61-71 (with Barry Hirsch).
    • The Effect of International Trade on Union and Nonunion Wage Differences, Journal of Economic Integration, 10, 1995, 386-407.
    • Asset Specificities, International Trade, and Multinational Firms, Journal of Institutional and Theoretical Economics, 151(4), 1995, 593-612 (with Hamid Beladi).
    • Adjustment in Matching Markets: A Neural Net Approach, Advances in Artificial Intelligence in Economics, Finance and Management, Vol. 1, 1994, 43-54, JAI Press.
    • A Blackboard Framework for the Design of Group Decision Support Systems, Behaviour and Information Technology, Vol. 13, 1994, 277-284 (with Ritu Agarwal).
    • Comparison of Model Selection Criteria, Econometric Reviews, 11, 1992, 201-233 (with Jeffrey Mills).
    • Computability and Randomness of Nash Equilibrium in Infinite Games, Journal of Mathematical Economics, 20, 1991, 429-442.
      [Reprinted in Computable Economics, edited by K. Vela Velupillai, Stefano Zambello, and Stephen Kinsella, in the series International Library of Critical Writings in Economics, Mark Blaug, ed. Edward Elgar Press, 2012.]
    • The Core of Some Location Games, Journal of Economics (Zeitschrift fuer Nationaloekonomie), 54, 1991, 305-314.
    • Consumption, Asset Returns and Taxation in a Non-expected Utility Model, Economics Letters, 37, 1991, 433-437.
    • NP-Completeness of Some Problems Concerning Voting Games, International Journal of Game Theory, 19, 1990, 1-9 (with Jerry Kelly).
    • Parallel Distributed Processing Models for Games and Economic Systems, Computational Economics, 1988, 163-174.
    • The Timing of Endorsements
    • Contracts with Social Multipliers (with Mary Burke)
    • The Difficulty with Deliberation: Computational Complexity and Choice under Uncertainty
    • U.S. Department of Education - Global leadership in a Post-Crisis World: Restoring America’s Competitive Edge. A grant under the Centers for International Business Education (CIBE) Program (Funded: approximately $1.52 million over 4 years)
    • National Science Foundation - Collaborative Research: Incentives in the Workplace – An Experimental Examination of How Wage Differences Across Time and Among Peers Affect Productivity and Self-Selection. (With Hyejin Ku, David Macpherson, and Timothy Salmon. $679,163), 2009-2012.
    • National Science Foundation - An Experimental Investigation of Endogenous Group Formation for Public-Good Provision and Risk-Sharing. (With Mark Isaac, Tim Salmon and T. K. Ahn. $550,745)

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