David Porter, Ph.D.
David Porter is Professor of Economics and Finance at Chapman University in Orange, California. Dr. Porter is an internationally renowned expert in experimental economics, and has extensive experience designing, developing, testing and implementing new and complex market systems. He was the principle architect of the Cassini Resource Exchange that made resource trading possible on the Cassini mission to Saturn. Dr. Porter also helped develop the Sears Logistic Auction for allocating truckload traffic, the Automated Credit Exchange for trading pollution permits, the Commonwealth of Virginia’s new source credit auction for NoX emissions and BondConnect, which facilitates portfolio trades of various bond classes. Dr. Porter has designed and developed combinatorial markets that enable the efficient trading of packaged commodities. He also uses experiments to examine price formation in asset markets, including bubbles and the microstructure of asset markets and its affect on price dynamics. He has published widely in economics, experimental economics, and finance, and has previously held faculty positions at George Mason University, the University of Arizona, and the California Institute of Technology. Dr. Porter also served, 1982-84, as the Economic Advisor to the Chair of the Arizona Public Service Commission.