30:. His research is focused on the basic principles of process performance and the use of those principles in the design of new, decentralized processes to solve complex problems. Applications are found in mechanisms for allocating complex items such as the markets for pollution permits in Southern California, the FCC auction of licenses for Personal Communication Systems, the auctions for electric power in California, the allocation of landing rights at the major U.S. airports, access of private trains to public railway tracks, access to natural gas pipelines, the allocation of licenses for offshore aquaculture sites, the combinatorial sale of fleets of vehicles, and the application of complex procurements. Plott has contributed extensively to the development and application of a laboratory experimental methodology in the fields of economics and political science.
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The
Allocation of Scarce Resources: Experimental Economics and the Problem of Allocating Airport Slots, D. M. Grether, R. Mark Isaac, and C.R. Plott,. Volume in series Underground Classics in Economics, K. Arrow, J. Heckman, P. Pechman, T. Sargent, and R. Solow, editors. Boulder, CO: Westview
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Plott's professional appointments include: National
Research Council's Committee on Proposed Revisions to the Common Rule in Relation to Behavioral and Social Sciences; Economic Theory - Member, Editorial Board; Chairman, California Institute of Technology Institutional Review Board, National
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Memberships include
National Academy of Sciences, 2007; American Academy of Arts and Sciences, 1985; Distinguished Fellow of American Economic Association; Centre for Market Design, Victoria, Board Member; Fellow of the Econometric Society; Public Choice Society, President 1976-1978; Southern
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Amusement devices and games including means for processing electronic data where ultimate outcome of the game is dependent on relative odds of a card combination and/or where chance is a factor: expected biases such as long shot and favorite bias,
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Economic
Association, Executive Committee 1977-1978, vice president 1985-1987, president 1989-90; Economic Science Association, president 1987-1988; Western Economic Association International, vice president, 1996, president 1999.
246:(Vernon Smith) has educated and collaborated with a large number of younger researchers in experimental economics. The most prominent of these is Charles Plott, who has also made important contributions to the field.
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Public
Economics, Political Processes and Policy Applications. Collected Papers on the Experimental Foundations of Economics and Political Science, Volume One. Cheltenham, UK: Edward Elgar Publishing
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Information, Finance and
General Equilibrium. Collected Papers on the Experimental Foundations of Economics and Political Science, Volume Three. Cheltenham, UK: Edward Elgar Publishing (2001).
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Research
Council's Commission on Behavioral and Social Sciences and Education – Board on Behavioral, cognitive, and Sensory Sciences; The Lee Center for Advanced Networking, as well as others.
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Market
Institutions and Price Discovery. Collected Papers on the Experimental Foundations of Economics and Political Science, Volume Two. Cheltenham, UK: Edward Elgar Publishing (2001).
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Designer
Markets: Laboratory Experimental Methods in Economics, Volume 4, Number 1, 1994, Economic Theory. Charles R. Plott, guest editor.
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Handbook of
Experimental Economic Results, Volume 1. Edited by C. R. Plott and V.L. Smith, Elsevier North-Holland Publishing (2008).
22:(born July 8, 1938) is an American economist. He currently is Edward S. Harkness Professor of Economics and Political Science at the
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lauded Plott in his speech of thanks at the Nobel Banquet, December 10, 2002 with a toast to "The pioneering influence of
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Plott received his education from the University of Virginia, PhD; Oklahoma State University, M.S., B.S.
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Plott is the author of numerous scholarly books and publications. A selection is:
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Recent awards include GAIM Research Paper of the Year 2006 Award;
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Laboratory for Experimental Economics and Political Science
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Distinguished fellows of the American Economic Association
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Members of the United States National Academy of Sciences
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Charles Plott has held the positions of president of the
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Fellows of the American Academy of Arts and Sciences
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