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Chad Settle, PhD

Chad Settle, PhD
Department Chairperson of Economics
Professor of Economics
College of Arts & Sciences
918-631-3157 Chapman Hall Room 228


PhD – University of Wyoming MA – New Mexico State University BA – University of Arizona


Chad Settle's research covers a range of topics such as the integration of biological and economic systems, citizen suits, bargaining models, the importance of mitigation and adaptation in long-range planning, asymmetric information, demand side management, hyperbolic discounting, and people's perceptions of losses versus gains. His main area of concentration is post-invasion management of exotic plant and animal species. Recently, his research has extended into the classroom, working to determine if various teaching methods and/or the specific format used to deliver the material to students significantly affect students' perception of teaching effectiveness or overall class satisfaction. He is hoping to extend this research to include student performance measures once sufficient data is available.

Research Interests

Individuals’ Perceptions of Losses versus Gains Role of Discounting in Resource Modeling
Importance of Asymmetric Information in Game Theoretic Modeling

Teaching Interests

Applied Microeconomics Theory
Environmental and Natural Resource Economics
Regulatory Economics and Industrial Organization
Behavior under Rick and Uncertainty
Applied Econometrics: Game Theory and Experimental Economics


  • Settle, C., T. Hurley, and J. Shogren, Citizen Suits, in The Law and Economics of the Environment A. Heyes, ed. Cheltenham, UK: Edward Elgar, (2001), 217-248

  • “Rationality Spillovers in Yellowstone” (with T. Cherry and J. Shogren), in Environmental Economics, Experimental Methods (T. Cherry, S. Kroll, and J. Shogren eds.), Routledge, (2007), 383-394

  • “Economic Valuation and Invasive Species” (with C. McIntosh, D. Finnoff, and J. Shogren), in Bioeconomics of Invasive Species: Integrating Ecology, Economics, Policy, and Management (R. P. Keller, D. M. Lodge, M. A. Lewis, and J. F. Shogren eds.), Oxford University Press, (2009), 151-179

  • “Integrating Economics and Biology for Invasive Species Management” (with D. Finnoff and J. Shogren), in Bioeconomics of Invasive Species: Integrating Ecology, Economics, Policy, and Management (R. P. Keller, D. M. Lodge, M. A. Lewis, and J. F. Shogren eds), Oxford University Press, (2009), 25-43

  • “Environmental Conflicts with SLAPP Reputations” (with J. Shogren) Environmental Economics and Policy Studies, (2001) 4:129-139

  • “Possible Responses to Global Climate Change: Integrating Mitigation and Adaptation” (with T. Wilbanks, S. Kane, P. Leiby, R. Perlack, J. Shogren, and J. Smith), Environment, (June 2003), 45 (5): 28-38

  • “Modeling Native-Exotic Species Within Yellowstone Lake” (with J. Shogren), American Journal of Agricultural Economics, (2002) 84 (5): 1323-1328

  • “On the Joint Determination of Biological and Economic Systems” (with T. Crocker and J. Shogren) Ecological Economics, (2002) 42: 301-311

  • “Integrating Economics and Ecology to Protect Nature on Private Lands: Models, Methods, and Mindsets” (with J. Shogren and G. Parkhurst), Environmental Science and Policy, (2003), 6 (3): 233-242

  • “Measuring the Impact of Asymmetric Information: An Example from Energy Conservation” (with J. Tschirhart), Journal of Regulatory Economics, (2003), 24 (3): 329-357

  • “Investigating Risky Choices over Losses Using Experimental Data” (with C. Mason, J. Shogren, and J. List), Journal of Risk and Uncertainty, (2005), 31(2): 187-215

  • “Hyperbolic Discounting and Time Inconsistency in a Native-Exotic Species Conflict” (with J. Shogren), Resource and Energy Economics, (2004), 26 (2): 255-274

  • “Bargaining Outcomes in Rural Electric Cooperative All-Power Requirements Contract Negotiations in a Deregulated Retail Electricity Market” (with M. Lindsey), The Electricity Journal, (2003), 16 (2): 38-53

  • “Does Integrating Economic and Biological Systems Matter for Public Policy? The Case of Yellowstone Lake” (with J. Shogren), Topics in Economic Analysis and Policy, (2006), 6(1), paper 9

  • “Integration-Valuation Nexus in Invasive Species Policy” (with J. F. Shogren, D. Finnoff, and C. McIntosh), Agricultural and Resource Economics Review, (2006), 35(1): 11-20

  • “Invasive Species and the Depth of Bioeconomic Integration” (with D. Finnoff, J. F. Shogren, and J. Tschirhart), Choices, (2006), 21(3): 147-152

  • “Graduate Student Satisfaction with an Online Discrete Mathematics Course” (with A. Settle), The Journal of Computing Sciences in Colleges: CCSC-MW 2005: The Consortium for Computing Sciences in College: Midwest Region Conference, (refereed conference proceedings), (2005), 21(1): 79-87

  • “Assessing Mitigation-Adaptation Scenarios for Reducing Catastrophic Climate Risk” (with J. Shogren and S. Kane), Climatic Change, (2007), 83: 443-456

  • “Distance Learning and Student Satisfaction in Java Programming Courses” (with A. Settle), Journal of Universal Computer Science, (2007), 13(9): 1270-1286

  • “Engaging Game Design Students Using Peer Evaluation” (with A. Settle and C. Wilcox) Proceedings of SIGITE 2011: The Special Interest Group for Information Technology Education Conference, (refereed conference proceedings), (2011), 73-78

  • “Preliminary Results with a Targeted Online Java Course” (with A. Settle and W. Marrero), College of Computing and Digital Media Technical Report 08-005, Depaul University, (2008)

  • “The Cost of Delaying Action: Examples from Ecosystem Management” (with D. Finnoff)

  • “Accounting for Extraction Cost, Technological Progress, and Resource Exploration in Nonrenewable Resource Extraction”

  • “Socioeconomic Determination of Value and Protest Bids in a Wetland Valuation Project”

Courses Taught

  • Principles of Economics Ii: Microeconomics
  • Game Theory and Experimental Economics

Awards & Honors

  • Excellence in Teaching Award
  • Mother Earth Sustainability Education Award
  • Best Faculty Advisor
  • Teacher of the Year