Stephen Shu, PhD

Professor of Practice of Behavioral Economics at Cornell Dyson School of Applied Economics & Management
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Contact Information
us****@****om
(386) 825-5501
Location
Ithaca, New York, United States, US

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Experience

    • United States
    • Higher Education
    • 1 - 100 Employee
    • Professor of Practice of Behavioral Economics
      • Jul 2023 - Present

      Focus on behavioral economics, judgment and decision making, consulting, research methods, and experiential learning.

    • Academic Director, CEMS Master in International Management (MIM) Program at Cornell University
      • Jul 2023 - Present

    • Visiting Lecturer
      • Jan 2022 - Jun 2023

    • Director
      • Jun 2023 - Present

      The Behavioral Economics Research and Education (BERE) Lab by Stephen Shu is an effort geared toward helping college students and young professionals with either the empirical or applied practice of behavioral economics. BERE efforts are in support of open science and the advancement of education. The research theme for 2023 includes exploratory work around the intersection of generative artificial intelligence (AI) and behavioral economics, such as similarities and differences between… Show more The Behavioral Economics Research and Education (BERE) Lab by Stephen Shu is an effort geared toward helping college students and young professionals with either the empirical or applied practice of behavioral economics. BERE efforts are in support of open science and the advancement of education. The research theme for 2023 includes exploratory work around the intersection of generative artificial intelligence (AI) and behavioral economics, such as similarities and differences between AI and human decision making across different platforms. The 2023 lab currently consists of about ten people with a mixture of alumni, graduate students, and undergraduate students from industry, Cornell University, and UCLA and spanning behavioral economics, technology management, and computer science disciplines. Show less The Behavioral Economics Research and Education (BERE) Lab by Stephen Shu is an effort geared toward helping college students and young professionals with either the empirical or applied practice of behavioral economics. BERE efforts are in support of open science and the advancement of education. The research theme for 2023 includes exploratory work around the intersection of generative artificial intelligence (AI) and behavioral economics, such as similarities and differences between… Show more The Behavioral Economics Research and Education (BERE) Lab by Stephen Shu is an effort geared toward helping college students and young professionals with either the empirical or applied practice of behavioral economics. BERE efforts are in support of open science and the advancement of education. The research theme for 2023 includes exploratory work around the intersection of generative artificial intelligence (AI) and behavioral economics, such as similarities and differences between AI and human decision making across different platforms. The 2023 lab currently consists of about ten people with a mixture of alumni, graduate students, and undergraduate students from industry, Cornell University, and UCLA and spanning behavioral economics, technology management, and computer science disciplines. Show less

    • Behavioral Finance Advisor
      • Jan 2023 - Present

      Currently serves as a Research Director with Benartzi Labs. Currently serves as a Research Director with Benartzi Labs.

    • Research Services
    • Principal
      • Nov 2013 - Mar 2023

      Digital Nudging Tech is an academic-heavy consulting firm. Primary work has been in the area of applied behavioral finance, such as with companies in the retirement, wealth, investment management, banking, advisory, and FinTech spaces. Have also provided applied behavioral economics services to companies in areas such as health, insurance, and consumer products. Digital Nudging Tech is an academic-heavy consulting firm. Primary work has been in the area of applied behavioral finance, such as with companies in the retirement, wealth, investment management, banking, advisory, and FinTech spaces. Have also provided applied behavioral economics services to companies in areas such as health, insurance, and consumer products.

    • United States
    • Financial Services
    • 700 & Above Employee
    • Behavioral Finance Advisor, Behavioral Finance Institute for Innovation
      • Jan 2016 - Dec 2022

      Behavioral finance advisor to Voya Financial and contracted via Digital Nudging Tech. Primary work included incubating the behavioral finance initiative, developing tools, creating research-backed content, facilitating laboratory and field-based research studies to help improve customer and participant outcomes, and providing talks at industry and customer events. Behavioral finance advisor to Voya Financial and contracted via Digital Nudging Tech. Primary work included incubating the behavioral finance initiative, developing tools, creating research-backed content, facilitating laboratory and field-based research studies to help improve customer and participant outcomes, and providing talks at industry and customer events.

    • Financial Services
    • 700 & Above Employee
    • Director, Center for Behavioral Finance, Strategy and Innovation
      • Sep 2010 - Feb 2017

      Contracted as behavioral finance specialist. Primary work included incubating the behavioral finance initiative, developing tools, managing programs, developing research-backed content related to distribution of retirement products and services through financial advisors, and speaking at partner events and customer sales presentations. Contracted as behavioral finance specialist. Primary work included incubating the behavioral finance initiative, developing tools, managing programs, developing research-backed content related to distribution of retirement products and services through financial advisors, and speaking at partner events and customer sales presentations.

    • United States
    • Business Consulting and Services
    • Principal
      • Mar 2009 - Dec 2016

      Management consultant and business development professional specializing in incubating new initiatives and the development of new products and services opportunities. Clients included companies like Allianz Global Investors, Allscripts, software-as-a-service, technology companies, and consulting firms. Management consultant and business development professional specializing in incubating new initiatives and the development of new products and services opportunities. Clients included companies like Allianz Global Investors, Allscripts, software-as-a-service, technology companies, and consulting firms.

    • United States
    • Software Development
    • 700 & Above Employee
    • Director, Innovation Projects and Business Development
      • Jun 2009 - Dec 2012

      Contracted to help incubate new Information Business (Life Sciences Sector). Provided strategy, financial analysis, and lighthouse partner development services. Contracted to help incubate new Information Business (Life Sciences Sector). Provided strategy, financial analysis, and lighthouse partner development services.

    • Telecommunications
    • 700 & Above Employee
    • Nortel Business Consulting, Practice Leader and Principal
      • Nov 2005 - Mar 2009

      Managed global, carrier consulting practice of business and technology consultants. Led projects related to business strategy, marketing strategy, new services launch, and wireless spectrum valuation/auction planning. Managed global, carrier consulting practice of business and technology consultants. Led projects related to business strategy, marketing strategy, new services launch, and wireless spectrum valuation/auction planning.

    • Director, Consulting and Interim Management Services
      • Sep 2004 - Nov 2005

      Provided fractional management and consulting services to technology, media, and insurance companies (e.g., COO, CFO, Business Development). Provided fractional management and consulting services to technology, media, and insurance companies (e.g., COO, CFO, Business Development).

    • Vice President of Operations
      • Nov 2000 - Aug 2004

      Managed operations, performed business development, and sourced and help to close venture financing for B2B software company. Company acquired by Intalio. Managed operations, performed business development, and sourced and help to close venture financing for B2B software company. Company acquired by Intalio.

    • Business Consulting and Services
    • 1 - 100 Employee
    • Management Consultant
      • 1998 - 2000

      Provided traditional management consulting services to clients in the communications sector. Company acquired by PwC. Provided traditional management consulting services to clients in the communications sector. Company acquired by PwC.

    • United States
    • Telecommunications
    • 400 - 500 Employee
    • Systems Engineer & Service Product Line Manager
      • 1992 - 1997

      Developed telecommunication standards and provided professional services related to new advanced telecommunication services offerings. Company acquired by SAIC. Developed telecommunication standards and provided professional services related to new advanced telecommunication services offerings. Company acquired by SAIC.

    • Design Engineer
      • 1990 - 1991

      Developed algorithms and software/firmware related to real-time data compression and recovery of high-quality music. Developed algorithms and software/firmware related to real-time data compression and recovery of high-quality music.

Education

  • City, University of London
    Doctor of Philosophy (PhD), Behavioral Finance
    2017 - 2021
  • The University of Chicago Booth School of Business
    Master of Business Administration (MBA)
    1997 - 1999
  • Cornell University
    Master of Engineering (MEng), Electrical Engineering
    1990 - 1992
  • Cornell University
    Bachelor of Science (B.S.), Electrical Engineering
    1987 - 1991
  • Duke University - The Fuqua School of Business
    Executive Education - Dynamic Management Program
    2009 - 2009

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