Chad Settle, Ph.D. - The University of Tulsa
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Chad Settle, Ph.D.

Professor of Economics


Chad Settle is a professor of economics whose primary specialization is in the area of natural resource and environmental economics. His early research in this field focused on the importance of integrating economic modeling and biological modeling in invasive species management. That research investigated the impact of including dynamic interactions in managing invasive aquatic species. Since those initial projects, his research has expanded to the importance of mitigation and adaptation in long-range planning, people’s perceptions of losses versus gains, and the role of hyperbolic discounting in economic analysis.

More recently, his research has moved increasingly into the field of game theory. He has researched the effects of reputations in repeated games, game theoretic modeling, outcomes of bargaining games, demand side management, and the impact of asymmetric information in a regulatory environment.

His most recent research focuses on how different reimbursement rules and contracting arrangements can affect the efficiency and equity resulting from environmental conflicts.

Awards and Honors

Most Valuable Professor, TU Football, 2019
Most Valuable Professor, TU Men’s Basketball, 2015
Henry Kendall College of Arts and Sciences Excellence in Teaching Award, 2012
Mother Earth Sustainability Education Award, Oklahoma Sustainability Network, 2010
Best Faculty Advisor, United Campus Ministries, 2008
Sigma Chi Teacher of the Year, 2003



  • Ph.D., University of Wyoming
  • M.A., New Mexico State University
  • B.A., University of Arizona

Research interests and areas of expertise

  • Natural resource economics
  • Environmental economics
  • Ecological economics
  • Game theory
  • Prospect theory
  • Loss aversion
  • Hyperbolic discounting
  • Bargaining games
  • Citizen suits
  • Asymmetric information
  • Environmental conflicts