P. Ben Chou is a Senior University Lecturer of economics in the School of Management at NJIT. He received his Ph.D. in economics from The George Washington University. Before that, he received Master degrees from The Johns Hopkins University and Yale University. At NJIT, he teaches principles of microeconomics, principles of macroeconomics, and survey of economics.
Dr. Chou’s current research focuses on the applications of game theory, including coalition and network formation, to different areas in economics and management, including global and local public good provisions, international environmental agreements, global environmental problems and policy, knowledge sharing between and among firms and nations, water resource management, green technology innovation and sharing, financial network formation and regulation, auditing and its regulation, and the formation and identification of housing bubbles
• The George Washington University, Ph.D., M. Phil.• The Johns Hopkins University, M.A. • Yale University, M.A., M.F.A.
Honors & Awards
The First Prize of Leir Foundation Grant in 2008 at NJIT with Michael Ehrlich)
The First Prize of Leir Foundation Grant in 2009 at NJIT (with Katia Passerini)
The First Prize of Leir Foundation Grant in 2010 at NJIT (one of the three first prizes)
The Second Prize of Leir Foundation Grant in 2011 at NJIT
The First Prize of Leir Foundation Grant in 2012 at NJIT
The First Prize of Leir Foundation Grant in 2013 at NJIT
• Applied Game Theory• Coalition and Network Formation• International Environmental Agreement and Policy• Knowledge Sharing between Firms and Countries • Green Technology Innovation and Sharing • Auditing and Regulation • Regulation of Financial Firms • Water Resource Management • The Formation and Identification of Housing Bubbles
Publications & Projects
Chou, P. B. and Sylla C. (2008), “The Formation of International Environmental Agreements as a Two-stage Exclusive Cartel Formation Game with Transferable Utilities”, International Environmental Agreements: Politics, Law, and Economics, V. 8, n. 4, pp. 317-341
Ehrlich M. A., Anandarajan, A., and Chou, P. B. (2009), “Structured Investment Vehicles: the Unintended Consequences of Financial Innovation”, Bank Accounting and Finance, V. 22, n. 6, pp. 29-37
Chou, P. B. and Passerini, K. (2009), “Intellectual Property Rights and Knowledge Sharing across Countries”, Journal of Knowledge Management, V. 13, n. 5, pp. 331-344
Chou, P. B. and Sylla C. (2011), “The Provision of Global Public Goods: A Game-Theoretical Comparison of International Environment and Knowledge”, International Journal of Networking and Virtual Organizations, V. 8, Nos. ¾, pp. 254-263
Chou, P. B. (2011), “A Game-Theoretical Model for Inter-organizational Collaboration in Information Systems Development”, International Journal of Information Technology and Management, V. 10, Nos. 2/3/4, pp. 110-123
Chou, P. B., Xu, W., Anandarajan, A. and Valenti, D. (2012), “Is Honesty the Best Policy? A Game Theory Perspective of Auditing”, Int. J. Behavioral Accounting and Finance, Vol. 3, Nos. 1/2, pp.88–106
Chou, P. B., Christoffersen, S. G., and Granitz, E. (2012), “The Knowledge Sharing between the U.S. and China in Clean Technology Innovation”, Journal of Emerging Markets, V.17, No.3, pp. 49-59.
Chapter Eight, “Model of Speculative Housing Bubbles”, pp. 328-356, in Boil,Bubble, Toil and Trouble - An Analytical Exploration of Bubbles, edited by Rapp, William V., Amazon Digital Services, Inc., 2013.
Chapter Nine, “Survey of Some Econometric Models That Quantitatively Identify Bubbles”, pp. 357-387, in Boil, Bubble, Toil and Trouble - An Analytical Exploration of Bubbles, edited by Rapp, William V., Amazon Digital Services, Inc., 2013.