Paul J. Healy is a Professor of Economics at the Ohio State University. He currently serves as the Associate Director of the Ohio State Experimental Economics Laboratory. Dr. Healy earned his PhD from the California Institute of Technology in 2005 and joined the Ohio State Department of Economics in 2007.
Dr. Healy’s research interests focus on economic theory and game theory. He uses both theoretical and experimental methodologies. Much of his work is centered on mechanism design theory and behavioral mechanism design, where both theory and behavioral insights are used to help in the design of socially-beneficial economic institutions. He has published his work in a variety of scholarly journals, including the American Economic Review, the Journal of Economic Theory, Experimental Economics, and Economic Theory. He has also published interdisciplinary work in Management Science and in Psychological Review, top journals in the fields of management and psychology, respectively.
Examples of Dr. Healy’s research include explorations of the dynamic stability of various economic mechanisms, the limits on the success of prediction markets and alternative mechanisms that can be used when prediction markets are likely to fail, and mechanisms for the efficient allocation of budgetary resources with NASA. Dr. Healy has also studied overconfidence and theoretical properties of belief updating in the presence of informative signals.
In 2009 Dr. Healy was awarded a prestigious five-year National Science Foundation CAREER award for young scholars. In addition to funding Dr. Healy’s research, this award also funds annual one-day summer camps in which a diverse group of high school students visits Ohio State’s Economics Department to participate in educational economics experiments.