Senior Lecturer
Overview
Dr. Kenan Kalaycı is an experimental economist whose research focus is in behavioral economics and industrial organization. Kenan received his PhD in Economics from Tilburg University and is a Senior Lecturer in Economics at the University of Queensland. Kenan has been a Australian Research Council Discovery Early Career Research Fellow between 2016-208 and a visiting scholar at the University of Oxford in 2017-2018. Kenan's main research has been in the growing field of behavioural industrial organization, which is the study of markets incorporating insights from psychology and other related disciplines. Kenan has been one of the pioneers in the empirical study of this field, developing experimental methodologyto study issues of spurious product differentiation and price discrimination in markets. His research has been published in the International Journal of Industrial Organisation, Journal of Economic Behaviour and Organisation, and Experimental Economics.
Research Interests
- Behavioral Economics
- Experimental Economics
- Industrial Organization
Research Impacts
Kenan has been recognised by the industry as an expert in experimental economics and industrial economics. He collaborated with the Australian Taxation Office (ATO) on a project that developed and experimentally tested policies that led to significant savings for the ATO and provided valuable insights for public service. In 2015, Kenan was invited by the Australian Competition and Consumer Commission to present at the National Consumer Congress as an expert panellist in recognition of his expertise in consumer policy. In 2018, Kenan has been an invited participant at the Roundtable on Resolving Conflicts of Interest in the Banking, Superannuation, and Financial Services Industry organised by UNSW in response to the interim report of the Banking Royal Commission. Kenan is also actively involved in the start-up community in Brisbane as an advisor to dfinanz (a market exchange platform for consumer loans), Volunteeria (a social enterprise website) and participated in HealthHack 2016 at River City Labs. Kenan's current and former students have started companies such as Altina drinks and ModelEcon teaching platform.
Qualifications
- Master of Science in Economics, Tilburg University
- Doctor of Philosophy, Tilburg University
- Bachelor of Arts, Sabanci University, Turkey
Publications
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Bao, Zhengyang, Kalaycı, Kenan, Leibbrandt, Andreas and Oyarzun, Carlos (2020). Do regulations work? A comprehensive analysis of price limits and trading restrictions in experimental asset markets with deterministic and stochastic fundamental values. Journal of Economic Behavior and Organization, 178, 59-84. doi: 10.1016/j.jebo.2020.07.012
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Journal Article: Costly voting: a large-scale real effort experiment
Faravelli, Marco, Kalayci, Kenan and Pimienta, Carlos (2020). Costly voting: a large-scale real effort experiment. Experimental Economics, 23 (2), 468-492. doi: 10.1007/s10683-019-09620-3
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Journal Article: Buyer confusion and market prices
Kalayci, Kenan and Potters, Jan (2011). Buyer confusion and market prices. International Journal of Industrial Organization, 29 (1), 14-22. doi: 10.1016/j.ijindorg.2010.06.004
Grants
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Market responses to behavioral consumer policy: Experimental study
(2016–2019) ARC Discovery Early Career Researcher Award
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Complexity and bounded rationality in credit markets
(2011–2012) UQ New Staff Research Start-Up Fund
Supervision
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Information Provision and Decision Making in Financial Markets
Doctor Philosophy
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Peer Effects in Education: The Role of Ability, Incentives, Information, and Gender
(2023) Doctor Philosophy
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Economic Experiments in Continuous Time
(2018) Doctor Philosophy
Available Projects
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If you’re a current UQ student interested in writing Masters, Honours or a PhD thesis with me send me a short email introducing yourself. You don’t need to send me a CV or already have a thesis idea.
Publications
Featured Publications
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Buyer confusion and market prices
Kalayci, Kenan and Potters, Jan (2011). Buyer confusion and market prices. International Journal of Industrial Organization, 29 (1), 14-22. doi: 10.1016/j.ijindorg.2010.06.004
Journal Article
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Bao, Zhengyang, Kalaycı, Kenan, Leibbrandt, Andreas and Oyarzun, Carlos (2020). Do regulations work? A comprehensive analysis of price limits and trading restrictions in experimental asset markets with deterministic and stochastic fundamental values. Journal of Economic Behavior and Organization, 178, 59-84. doi: 10.1016/j.jebo.2020.07.012
-
Costly voting: a large-scale real effort experiment
Faravelli, Marco, Kalayci, Kenan and Pimienta, Carlos (2020). Costly voting: a large-scale real effort experiment. Experimental Economics, 23 (2), 468-492. doi: 10.1007/s10683-019-09620-3
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A minimum effort coordination game experiment in continuous time
Leng, Ailin, Friesen, Lana, Kalayci, Kenan and Man, Priscilla (2018). A minimum effort coordination game experiment in continuous time. Experimental Economics, 21 (3), 1-24. doi: 10.1007/s10683-017-9550-3
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Complexity and asset legitimacy in retirement investment
Tse, Alan, Friesen, Lana and Kalayci, Kenan (2016). Complexity and asset legitimacy in retirement investment. Journal of Behavioral and Experimental Economics, 60, 35-48. doi: 10.1016/j.socec.2015.12.001
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Kalayci, Kenan and Serra-Garcia, Marta (2015). Complexity and biases. Experimental Economics, 19 (1), 31-50. doi: 10.1007/s10683-015-9434-3
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Price complexity and buyer confusion in markets
Kalayci, Kenan (2015). Price complexity and buyer confusion in markets. Journal of Economic Behavior and Organization, 111, 154-168. doi: 10.1016/j.jebo.2015.01.001
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Confusopoly: competition and obfuscation in markets
Kalayci, Kenan (2015). Confusopoly: competition and obfuscation in markets. Experimental Economics, 19 (2), 299-316. doi: 10.1007/s10683-015-9438-z
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Buyer confusion and market prices
Kalayci, Kenan and Potters, Jan (2011). Buyer confusion and market prices. International Journal of Industrial Organization, 29 (1), 14-22. doi: 10.1016/j.ijindorg.2010.06.004
Grants (Administered at UQ)
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Market responses to behavioral consumer policy: Experimental study
(2016–2019) ARC Discovery Early Career Researcher Award
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Complexity and bounded rationality in credit markets
(2011–2012) UQ New Staff Research Start-Up Fund
PhD and MPhil Supervision
Current Supervision
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Information Provision and Decision Making in Financial Markets
Doctor Philosophy — Principal Advisor
Other advisors:
Completed Supervision
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Peer Effects in Education: The Role of Ability, Incentives, Information, and Gender
(2023) Doctor Philosophy — Associate Advisor
Other advisors:
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Economic Experiments in Continuous Time
(2018) Doctor Philosophy — Associate Advisor
Other advisors:
Possible Research Projects
Note for students: The possible research projects listed on this page may not be comprehensive or up to date. Always feel free to contact the staff for more information, and also with your own research ideas.
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If you’re a current UQ student interested in writing Masters, Honours or a PhD thesis with me send me a short email introducing yourself. You don’t need to send me a CV or already have a thesis idea.
