Russell P. Engel is Assistant Professor of Economics in the John Welch College of
Business at Sacred Heart University. 

Degrees: Bachelor’s Degree in Economics with a minor in Mathematics from Florida State
University, 2001; Ph.D. in Economics from Florida State University, 2007. 

While at Florida State University, Dr. Engel taught principles classes as a graduate
instructor and was a Quinn Fellow working with the experimental economics group. He is a
member of the American Economic Association, Southern Economic Association, and the
Economic Science Association. 

Professor Engel's research interests are in Applied Microeconomics, Experimental
Economics and Game Theory. Russell’s recent research uses economic experiments to examine
labor market contracts and risk preferences. 



Economics Memes: How to Use Memes to Teach and Learn Economics (with Patrick Ryan Murphy and Chuck Fisk), Business Faculty Publications (2014)

The article reviews the web site Economics Memes located at



When Is A Dollar Not Worth A Dollar? The “Trapped” Cash Controversy (with Bridget Lyons), Business Faculty Publications (2014)

During 2013 the concept of “trapped cash” garnered heightened attention as reports of Dell, Apple...



First Price Auctions, Lotteries, and Risk Preferences Across Institutions, Business Faculty Publications (2011)

There is an unsettled debate in experimental economics literature regarding the consistency of individuals' risk...



Why Work When You Can Shirk?: Worker Productivity in an Experimental Setting, Business Faculty Publications (2010)

Employee shirking has the potential to be extremely costly to firms. To counter the productivity...




Essays on Risk and Incentives, Electronic Theses, Treatises and Dissertations (2007)

I use economic experiments to investigate individual behavior under uncertainty.

The first essay examines the...