Douglas E. Stevens
Papers
2
Total Citations
11
H-Index
2
About
Douglas E. Stevens is a leading scholar in behavioral accounting and experimental economics, with a primary focus on auditing and professional judgment. His research investigates how market structures and psychological factors influence auditor behavior and decision-making. In his highly cited 2019 paper, "The Presence and Effect of the Winner's Curse in the Market for Audit Services," Stevens demonstrates that audit markets function like common value procurement auctions, where auditors face the risk of the winner's curse—winning engagements by underbidding due to shared cost uncertainty. This work, with 7 citations, provides critical insights into market inefficiencies and pricing dynamics in auditing. Stevens also explores ethical dimensions of auditor behavior; his 2012 study, "Can Moral Reasoning Reduce Auditor Misreporting?" (4 citations), reveals that investor salience and sign-off requirements can mitigate misreporting, highlighting the role of moral reasoning in professional practice. His contributions bridge experimental economics and auditing, offering practical implications for regulatory design and professional training. Stevens’ work is essential for understanding how market forces and ethical frameworks shape auditor integrity and market outcomes.
Research Focus
Key Achievements
Top Papers
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