Overview

Dr. Siyu Wang is a behavioral economist who strives to bridge the gap between academic theories and real-world challenges. Inspired by the groundbreaking work of Nobel laureate Vernon Smith in experimental economics, her research spans diverse areas such as business decision-making, information economics, managerial strategies, public policies, and environmental and energy economics. Her research findings have been published in many top-tier journals, including Games and Economic Behavior, Experimental Economics, Journal of Economic Behavior & Organization, Southern Economic Journal, Public Choice, Journal of Behavioral and Experimental Economics, Journal of Economic Psychology, and Journal of Neuroscience, Psychology, and Economics.

Information

Areas of Research Interest

Experimental Economics, Behavioral Economics, Information Economics (Communication, Network, and Online Platform Design), Behavioral Political Economy, Law and Economics, Environmental and Energy Economics

Areas of Teaching Interest

ECON 704 Behavioral Economics and Managerial Decisions

ECON 202 Principles of Microeconomics

ECON 231 Business Statistics

BADM 100 Exploring the World of Business 

Publications

“Is It What You Say, or How You Say It?” (with Xiangdong Qin and Zhiren Wu)  Conditional Acceptance at Experimental Economics

"From Adam Smith to Artificial Intelligence: An Experimental Exploration of Emotion in Humanomics" (with Xiangdong Qin, Zhiren Wu, and Xuechun Feng) Acceptance at Public Choice 

"Impact of Open-Mindedness on Information Avoidance: Tailored vs. Generic Communication" (with Delong Meng) Volume 108, February 2024, 102152 , Journal of Behavioral and Experimental Economics

"Is the 'Smoke-filled Room' Necessary? An Experimental Study of the Effect of Communication Networks on Collusion" (with Timothy Flannery) , Volume 89, Issue 4, April 2023, 1056-1077 Southern Economic Journal  

"The Impact of Parental Migration on Social Interaction - A Framed Field Experiment with Left-behind Children in China" (with Hui Xu) Volume 187, July 2021, 246-257 Journal of Economic Behavior & Organization 

"The Aspirational Income Hypothesis: Limits of the Relative Income Hypothesis" (with Elias Lafi Khalil, Jason Aimone, Daniel Houser, Deborah Martinez and Kun Qian) Volume 182, February 2021, 229-247, Journal of Economic Behavior & Organization 

"Intention or Request: The Impact of Message Structure " (with Timothy Flannery) Feb 2021, Games, on Special Issue "Experiments on Communication in Games" 

"Collective Experimentation: A Laboratory Study" (with Cesar Martinelli and Mikhail Freer)  Volume 175, July 2020, 365-379, Journal of Economic Behavior & Organization 

"Demanding or Deferring? An Experimental Analysis of the Economic Value of Communication with Attitude" (with Daniel Houser) Volume 115, May, 2019, 381-395,  Games and Economic Behavior 

"Embezzlement, Whistleblowing, and Organizational Architecture: An Experimental Investigation" (with Michael Makowsky) 2018, 147, 58-75, Journal of Economic Behavior & Organization 

"The Effect of Digitalization on Penalty Payments: An Experimental Investigation" (with Xiangdong Qin) 2015, 4(8), Journal of Neuroscience, Psychology and Economics 

"Using an Exogenous Mechanism to Examine Efficient Probabilistic Punishment" (with Xiangdong Qin) 2013, 39, 1-10, Journal of Economic Psychology

Working Papers

“Echo Chambers: Choosing Interlocutors and Messages” (with Delong Meng) Under Review 

"Moral Principles as a Deterrent to Embezzlement" (with Zhen Lei and Sen Tian) Under Review

"Determining When to Set the Price of Co-creation Products in the Freelance Market: Theory and Experiment" (with Ying Yang) Under Review

"Rooted in Local Soil, Not Swept by Global Wind: A Field Experiment on Impure Public Goods" (with Tongzhe Li) Working Paper

Professional Experience

Dr. Siyu Wang has an extensive background in academia and industry. Previously, she held the position of research assistant professor at Missouri State University and worked as a behavioral economist at Analytics R&D, Ford Motor Company.

With a passion for assisting local businesses and entrepreneurs, Dr. Siyu Wang actively leverages behavioral sciences to empower informed decision-making and optimize business practices. Through collaboration with engineering professors and close involvement with local firms, she brings her substantial expertise from both academia and industry to various projects. Her areas of specialization encompass a wide range of skills, including experimental design, AB testing, empirical and online data analysis, as well as policy and managerial decision analysis.

Dr. Wang's commitment to integrating theory with practical applications is evident in her teaching endeavors. She incorporates her knowledge and practical experience into courses such as statistics, microeconomics, and an MBA class that has gained great popularity—Behavioral Economics and Managerial Decisions. She equips her students with the tools to make informed decisions and navigate the complexities of the business world.

Dr. Siyu Wang is not only dedicated to her academic pursuits but also actively engaged in community and professional service. As the graduate director of the Economics master's program at WSU, she is committed to delivering a high-quality educational experience for domestic and international students. She has spearheaded curriculum changes, introducing new courses in behavioral economics and data analytics to enrich the program. Moreover, she has been instrumental in pursuing a CIP code change and STEM designation, working closely with the international office and recruiting agents to enhance the program's visibility. Additionally, she has made valuable contributions to the Funded Research Committee of Barton Business School, supporting faculty members in securing research grants and funding opportunities. In her professional capacity, she serves as a reviewer for esteemed journals and actively participates in academic conferences, where she shares her research findings.

Grants

2023 Modeling Electric-vehicle Infrastructure Resilience Using a Socio-economic Approach from Kansas NSF EPSCoR

2021 Co-PI of Research Grant with Dr. John Liu from Indiana State University

2020 University Research/Creative Projects Award (URCA), Wichita State University

2019 Research Fund, College of Humanities and Public Affairs, Missouri State University

2018 Faculty Research Grant, Sponsored by Missouri State University

2015 Doctoral Dissertation Research Grant, National Science Foundation

2015 Scholarship, Osher Lifelong Learning Institute

2014 The International Foundation for Research in Experimental Economics

2012 Research Grant, Interdisciplinary Center for Economic Science