Tim Cason
· Distinguished Professor of Economics, Gadomski Chair of Economics, Director of Vernon Smith Experimental Economics Laboratory (VSEEL)VerifiedPurdue University · Economics
Active 1990–2026
About
Tim Cason is a Distinguished Professor at Purdue University and holds the Gadomski Chair in Economics. He is the Director of the Vernon Smith Experimental Economics Laboratory. His professional activities include serving as the Past President of the Economic Science Association, the international association of experimental economists. Cason has also contributed to academic publishing as a former editor of the journal Experimental Economics and as a co-editor of the Journal of Public Economics. Additionally, he has served on the editorial boards of several prominent journals, including Games and Economic Behavior, the Journal of Economic Behavior and Organization, Management Science, and the Journal of Environmental Economics and Management. His research focus is on experimental economics, and he maintains an active presence in the field through current research and publication of recent papers.
Research topics
- Cognitive psychology
- Social psychology
- Psychology
- Microeconomics
- Economics
Selected publications
Norms in Conflict: Why AI Advisors Fail to Improve Human Coordination
SSRN Electronic Journal · 2026-01-01
preprintOpen accessSenior authorIdeological polarization and collective resistance
AEA Randomized Controlled Trials · 2025-07-11
datasetLocal inequality and own rank preferences
Experimental Economics · 2025-03-01
articleOpen accessSenior authorCorrespondingAbstract We report a lab experiment to study subjects’ preferences over their ordinal rank in an earnings distribution. Following an assignment of unequal earnings, subjects can select a monetary transfer from exactly one individual to another, not including themselves. This can potentially change their own position in the distribution, as well as influence overall inequality. The experiment varies whether the initial earnings assignment is random or is affected by preliminary competition. It also varies the reference group from a complete to a partial network. A majority of observed transfers reduce inequality by moving earnings from those with the highest rank to the lowest rank in the distribution. Rank-improving transfers are substantially more common for preliminary competition losers than winners. Transfers to individuals outside of the reference group are not uncommon, and they usually target as the source the individuals high in the income distribution. While generally weak overall, own rank preferences appear to be more common among men than women.
Third party evaluation in conservation auctions
AEA Randomized Controlled Trials · 2025-09-02
datasetInnovation and Information Free-Riding: An Experimental Investigation of Collective Experimentation
SSRN Electronic Journal · 2025-01-01
preprintOpen access1st authorCorrespondingInternational Journal of Information Security · 2025-12-08 · 1 citations
articleOpen accessSenior authorAbstract Interdependent systems are increasingly vulnerable to rapidly growing cybersecurity threats. In this work, we investigate security decision-making in such systems, which are managed by multiple defenders. Each defender is tasked with protecting a specific subset of assets against potential attackers. The interdependencies among these assets are modeled using an attack graph, where edges between assets indicate that compromising one asset can enable an attack on another. Each edge is associated with a probability of successful attack, which can be mitigated through strategic security investments by the defenders. We employ game-theoretic models to analyze these systems and incorporate the effects of behavioral probability weighting bias, a well-documented phenomenon in human decision-making under risk. Additionally, we introduce malicious players into the framework, whose objective is to maximize the total social cost of the interdependent system. We demonstrate that malicious security games possess an equilibrium, providing a foundation for analyzing such systems. We then present examples to highlight the differences between the socially optimal solution and the equilibrium solutions under both selfish and malicious players. We then analyze the inefficiencies introduced by malicious players and behavioral probability weighting on the system’s social cost. We adapt widely-used metrics to quantify these inefficiencies, derive bounds, and show that the inefficiency grows exponentially with increases in the security budget. We evaluate our models using four representative real-world interdependent systems, comparing game-theoretic optimal investments with socially optimal investments. Furthermore, we benchmark our approach against four popular security resource allocation methods on attack graphs. This work provides a comprehensive framework for understanding and mitigating cybersecurity risks in interdependent systems, accounting for both behavioral biases and the presence of internal malicious actors.
Environmental regulations and compliance
Edward Elgar Publishing eBooks · 2025-02-14
book-chapter1st authorCorrespondingPrice Competition and Cooperation on Sustainable Investments1
SSRN Electronic Journal · 2025-01-01
preprintOpen access1st authorCorrespondingThird party evaluation in conservation auctions
AEA Randomized Controlled Trials · 2025-09-02
datasetIdeological polarization and collective resistance
AEA Randomized Controlled Trials · 2025-07-11
dataset
Recent grants
Laboratory Studies of Transgression, Collective Resistance and social Interactions
NSF · $151k · 2005–2008
Frequent coauthors
- 38 shared
Lata Gangadharan
- 37 shared
Vai‐Lam Mui
Monash University
- 27 shared
Frans P. de Vries
- 25 shared
Michael J. Cuellar
- 25 shared
M Abrums
Association of Schools of Allied Health Professions
- 25 shared
R Cocking
American Association of Colleges of Nursing
- 25 shared
J Cusatis
Association of Colleges
- 25 shared
N Canning
Computer Professionals for Social Responsibility
Labs
Vernon Smith Experimental Economics LaboratoryPI
1-2 sentence research focus
Education
Ph.D.
Purdue University
Awards & honors
- Purdue University Distinguished Professor
- Gadomski Chair in Economics
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