Shawn LaMaster
Curriculum Vitae

lamaster@prime-analytics.com
shawn@lamaster.com
www.lamaster.com

Experience
Founding Partner, PRIME Analytics, LLC

Systems Analyst, PRIME Analytics (04/01/96 to date)

	Development of ProOpticus for Windows, a 32 bit C++ object oriented software application
	for the analysis of options on futures, equities, and currencies.

	This program computes fair market valuations of options on futures, equity, and currency contracts
	based on various mathematical models and/or iterative analytical procedures, allows for the analysis
	of a trader's current position in an instrument, and allows for "what-if" scenarios with respect to price
	movement relationships, volatility movements, and time decay analysis with graphical representation.
	Click here for a more detailed description.

Cybernomics, Inc. - an independent economic consulting corporation based in Tucson, Arizona,
specializing in the design and implementation of automated and "smart" computer assisted markets,
software development, and laboratory design.

Founding Member of the Board - 1991 (Resigned - October, 2000)
Vice President  (July, 1991 to October, 2000)

	Headquartered in Tucson, Arizona, Cybernomics brings together the expertise of twelve
	Internationally recognized academic research economists and consultants, consisting of
	faculty from the Economics Department at the University of Arizona, Iowa State, and
	Indiana University.  Cybernomics was created to transfer experimental and theoretical
	economic research techniques and software development to commercial applications.
	Some of the corporation's activities include consulting on: the engineering of market
	trading institutions, electric power and natural gas production and distribution systems,
	legal and environmental issues, econometric analysis, the design of experimental laboratory
	facilities and research software.  In addition, Cybernomics plans to develop a series of
	computer-based instructional applications for the teaching of undergraduate economics.
	See consulting and programming projects listed below..

Arizona Financial Software, LLC.

Founding Partner - 1996

	Established in 1996, Arizona Financial Software has develop a DOS version, and then a 32 bit
	Windows based application for analyzing a specific stock and option investment startegy called "covered
	calls". AFS has automated "The Altorfer System for Covered Calls", developed by partner, John Altorfer.

	See the AFS web site.

Owner, Computer Research & Consulting (CRC)- an independent consulting firm in Tucson, Arizona.
June, 1985 to date.

	Web site hosting, creation, and design. Systems and laboratory design, custom programming
	and software development, and operational instruction, on all levels from micro to mainframe
	computers. See consulting and programming projects listed below and www.lamaster.com


Assistant Director, Economic Science Laboratory (ESL) - University of Arizona.
Assistant Director, Operations (07/01/93 to 04/01/97)
Academic Professional (01/01/89 to 04/01/97)

	Complete management and operation of the physical and computer facilities of the
	Economic Science Laboratory, which includes ESL I (24 station instructional lab)
	and ESL II (40 station research lab).  Supervision of associated staff, including
	two full time programming professionals, and several part-time graduate and undergraduate
	student workers.  Coordinate and supervise highly technical and specialized software
	development in the field of Experimental Economics and Finance.  Advise sophisticated
	academic computer users (faculty, staff, grad. students) in the use and operation of
	technical economic computer programs and various software applications.  Perform statistical
	and econometric analysis on both mainframes and micros. Participate in projections and
	feasibility studies of alternative computer systems and software development.  Designed
	and supervised the construction of a micro-computer based research and instructional
	facility for the Economics department in 1986 (ESL I).  Designed and installed a new state
	of the art micro-computer facility (~$300,000) for the Business & Public Administration
	College, McClelland Hall, University of Arizona, in 1993 (ESL II).

Manager, Economic Science Systems Development - Economic Science Laboratory, University of Arizona
January, 1989 to June, 1993.

Academic Computer Specialist II - Economic Science Laboratory, University of Arizona
June, 1987 to January, 1989.

Partner, MedSystems, Inc. - an independent consulting corporation in Tucson, Arizona.
March, 1986 to March, 1987.

Research Assistant - Economic Science Laboratory, University of Arizona
May, 1985 to June, 1987.

Research Assistant - Department of Economics, University of Arizona, for Prof. Vernon Smith.
June, 1984 to May, 1985.
Programming, design and coordinating of Economic experiments on the PLATO computer system.
Statistical analysis of data and assisting faculty in on-going research.

Research Assistant - Department of Management, University of Arizona, for Prof. Michael Block.
December, 1984 to May, 1985.
Programming, consulting, and conversion of data from mainframe to micro-computer for analysis.

Education
Bachelor of Arts, University of Arizona   (May 1985)
Major - Economics
Minor - Computer Science


Qualifications
	Extensive experience in many fields of computer applications and laboratory design.
Systems worked with include IBM RS/6000 risc, DEC VAX, IBM 4381, IBM 3090, DEC-10,
CDC Cyber 175, Convex mini super-computer, various micro-computers (IBM, Apple), and the
CERL PLATO/NovaNet computer-aided instructional system.  Programming languages include C++,
C, Fortran, Pascal, Tutor (PLATO/NovaNet), VAX 11 Assembly, Cobol, Basic, and DBase III Plus.
Operating systems include Netware, Windows, Windows 95, Windows/NT, MS-DOS, UNIX, VMS,
TOPS-10, VM/CMS, and CP/M. Experience with interactive systems requirements using Local
Area Networking (ethernet, token ring) and various communications protocols (tcp/ip, NetBIOS).
Extensive research experience in experimental economics concerning economic principles,theories
auctions, markets, and finance.

Publications
"Price Bubbles and Crashes in Experimental Call Markets"
Mark V. Van Boening, Arlington W. Williams, Shawn LaMaster
(Economic Letters, 1993, Volume 41, 179-185)

"Off-Floor Trading, Disintegration, and the Bid-Ask Spread in Experimental Markets"
Joe Campbell, Shawn LaMaster, Vernon L. Smith, Mark Van Boening
(Journal of Business, October, 1991  Volume 64, Number 4, 495-522)

Working Papers
"An Experimental Evaluation of The Proposed Treasury Auction Mechanism"
Vernon L. Smith, Shawn LaMaster, Yvonne Durham, Mark V. Van Boening,

Reports
"Report on a Micro-computer Research and Instructional Facility for
The Wharton School, University of Pennsylvania" July, 1989

"Report on a Computer-Based Research and Instructional Facility for the
Economics Department, Southern Methodist University" October, 1988

"Report on a Computer-Based Research and Instructional Facility for the
Economics Department, University of Michigan" July, 1988

Extended letter/report outlining several aspects involved with the implementation
of a computer-based laboratory which would facilitate both research and instructional
applications at Oregon State University. April, 1988

"Report on a Computer-Based Research and Instructional Facility for the
School of Business, Washington University, St. Louis, Mo." November, 1988

Presentations
City University of Hong Kong
Four day overview of Experimental Economics for both education and research.
(Kowloon, Hong Kong, March, 1995)

Technical University of Vienna
One week course taught with Dr. Vernon Smith on Experimental Economics for
both research and education.
(Vienna, Austria, January, 1994)

World Bank sponsored seminar on "Natural Monopolies" for 32 participants
from Hungary, Romania, Czech Republic and Slovakia.
(Vienna, Austria, July, 1993)

World Bank sponsored seminar on "Natural Monopolies" for 32 participants
from Hungary, Poland, and Czechoslovakia.
(Vienna, Austria, August, 1992)

PLATO/NovaNet Conference - "Experimental Economics and PLATO/NovaNet"
(University of Illinois, June, 1989)

Joint Public Choice/Economic Science Association annual meeting.
Roundtable Discussion on Technology - Chair of Discussion on Technologies of Experimentation
(Orlando, March, 1988)

Joint Public Choice/Economic Science Association annual meeting.
Roundtable Discussion on Technology - "Considerations for Laboratory Design in
Computerized Experiments" (San Francisco, March, 1988)

CompuSat/NovaNet Seminar
"Using PLATO/Nova for Experimental Economics in a Computerized Lab"
(Phoenix, Az., April, 1988)

Workshops & Courses Taught

"ESL Summer Workshops for Community College Teachers"
(with Professors Don Wells and Arlngton Williams) 1994-1997

Assisted in teaching Economics 696bx
"Computer Methods in Experimental Economics" with
Profs. Vernon Smith, Kevin McCabe, and Stephen Rassenti.
Fall 1988, Spring 1989, Fall 1990, University of Arizona.


Specific Consulting and Programming Projects
July, 1996  - Currently consulting for the University of Rhode Island
on the design and implementation of a new research institute.

April, 1996 - Instruct programmers on the development of real-time, multi-user,
research application in the "C" programmming language for the
Department of Agricutural Economics, Cornell University, Ithaca, New York.

February, 1996 - Install Experimental Economics software for teaching and
research and instruct faculty and staff on usage for the Department of
Agricutural Economics, Cornell University, Ithaca, New York.

February, 1996 - Install Experimental Economics software for teaching and research
and instruct faculty and staff on usage for the Haas School of Business,
Universoty of California, Berkeley..

January, 1996 - Install Experimental Economics software for teaching and research
and instruct faculty and staff on usage for the Economics Department of the
University of Aarhus, Denmark..

November. 1995 - Install Experimental Economics software and conduct workshop on
Experimental methods for teaching and research, and software development techniques
for real-time, multi-user application development using the C language for the
University of New Mexico.

September, 1995 - Install Experimental Economics software for teaching and research
and instruct faculty and staff on usage for the Economics Department of Trinity College,
Hartford, Conn..

August, 1995 - Install Experimental Economics software and conduct 3 day workshop on
Experimental Economics with  Dr. Vernon Smith for the Norway Foundation for Research
in Business & Public Administration, Bergen, Norway.

July. 1995 - Install Experimental Economics software and software development techniques
for real-time, multi-user application development using the C language for the Institute
for Empirical Research, Zurich, Switzerland.

May. 1995 - Return visit, update and install Experimental Economics software for teaching
and instruct facutly on use for the United States Air Force Academy, Colorado Springs, CO.

May. 1995 - Return visit, update and install Experimental Economics software for teaching,
instruct facutly on use, and configure Novell Netware and Microsoft Windows for the Levitt
Center at Hamilton College, Clinton, NY.

March. 1995 - Install Experimental Economics software and conduct workshop on Experimental
methods for teaching and research for City University of Hong Kong.

March. 1995 - Install Experimental Economics software and conduct workshop on Experimental
methods for teaching and research, and software development techniques for real-time,
multi-user application development using the C language for Rutgers University.

Feb. 1995 - Install Experimental Economics software and conduct workshop on Experimental
methods for teaching and research for Nichols State University, University of New Orleans,
and Southern Louisiana(New Orleans).

Feb. 1995 - Experimental Economics Methodologies workshop and "smart" markets for
electric power workshop for the New Zealand Treasury.

Jan. 1995 - Experimental Economics Methodologies workshop and "smart" markets for
electric power workshop for Arizona Public Service of Arizona.

Dec. 1994 - Experimental Economics Methodologies workshop and "smart" markets for
electric power workshop for Arizona Public Service of Arizona.

April, 1994  - Software development instruction on developing real-time, multi-user network
applications for research in finance using the C programming language for Concordia University,
Montreal, Quebec, Canada.

February, 1994  - Software development instruction on developing real-time, multi-user network
applications for research in economics and finance using the C programming language for
McMaster University, Hamilton, Ontario, Canada.

January, 1994   - One week course taught with Dr. Vernon Smith on Experimental Economics for both
research and education. Technical University of Vienna, Vienna, Austria. 

March, 1993     - General consulting on the operation and use of an Experimental Laboratory for
both instruction and research in the Social Sciences for Hamilton College, Clinton, New York.

February, 1993  - Consulting in the design and implementation of an Experimental Research Laboratory
for ITAM (Instituto Technologico Autonomo de Mexico). Mexico City, Mexico.

December, 1992 - General consulting in the operation of an instructional laboratory for the
United States Air Force Academy, Colorado Springs, Colorado.

February, 1992 to date - All aspects of design and implementation of a computer research and
instructional facility for the Naraganset Coastal Institute, University of Rhode Island
(Architect - Keyes Associates).  Assistance from the development stages through the final
completion of the building, preliminary assistance with design and specifications for wiring,
communication, and computer equipment, on-going review of designs and specs, and ensure compliance
with specs and designs previously developed. 

September, 1991 - Assist in the development of the feasibility study for the Arizona Corporation
Commission concerning the creation of a regional Arizona Stock Exchange. Specifically address
aspects of security, abuse, fraud, and manipulation.

June, 1991 - General consulting in the setting up and operation of
instructional and research laboratories at both the Universidad Carlos III,
in Madrid, Spain and the Univerisitat Pampeu Fabra, in Barcelona, Spain.
Instruction in programming of multi-user, real-time economics experiments for
local area network environments.

February, 1991 - General economics consultation in the operation of a double oral auction for
pollution permits for Decision Focus, Inc., California.

June, 1989 - Design of a micro-computer based research and instructional laboratory for the
Wharton School, University of Pennsylvania. Physical design of the laboratory, with all specifications
for HVAC, lighting, wiring, and furnishings; all hardware and software specifications; and assistance
in the budgeting and procurement of hardware.

October, 1988 - Design of a micro-computer based research and instructional laboratory for the
Department of Economics, Southern Methodist University, Dallas, Texas. Physical design of the laboratory,
with all specifications for HVAC, lighting, wiring, and furnishings; all hardware and software specifications;
and assistance in the budgeting and procurement of hardware.

September, 1988 - Installation of a Novell "ethernet" local area network and associated hardware
and software for Tri Sigma Engineering, Tucson, Arizona. Novell Advanced Netware 286 v2.11

July, 1988 - Design of a micro-computer based research and instructional laboratory for the
Economics Department, University of Michigan, Ann Arbor, Michigan. Physical design of the
laboratory, with all specifications for HVAC, lighting, wiring, and furnishings; all hardware
and software specifications; and assistance in the procurement of hardware.

April 18, 1988 - Extended letter outlining various components needed for the installation of an instructional
and research micro-computer based laboratory for the Political Science Department, Oregon State University.

February, 1988 - Specification and installation of a micro-computer based research and instructional laboratory
for Economics Department, Folgelman Business School, Memphis State University. Installation of all machines,
Novell "ethernet" local area network and associated hardware and software. Novell  SFT Netware v2.1

October, 1987 - Acquisition and installation of all micro-computer hardware and associated communications
equipment required for The School of Business, Washington University, business research and instructional
laboratory. All micros are connected via a Novell "ethernet" local area network, connected to the
PLATO computer system, and connected to a VAX cluster through a Novell Asyncronous Communications Server.
Novell Advanced Netware 286 v2.0a

October, 1986 - Design of a computer-based research and instructional laboratory for the School of Business,
Washington University, St. Louis, Missouri. Physical design of the laboratory, with all specifications for
HVAC, lighting, wiring, and furnishings; all hardware and software specifications; and assistance in the
procurement of hardware.

ESL Programming Projects
	Supervisor of software development for various experimental economics research and statistical
analysis projects in different capacities, some of which include:

        primary bond auction - currently developing a primary auction for government bonds for research in
		a laboratory setting.
        various auction markets - all types of auction type institutions, such as continuous double auctions,
		and uniform price double auctions (single price or "call" auctions).
        "smart" computer assisted markets - central economic dispatch markets for electrical power
		or natural gas using a non-linear (or linear) optimization to solve the allocation problem in real-time.
        game theory and bargaining - various two person negotiation scenarios including arbitration methods.

Cybernomics Programming Projects
October, 1993 to date - Development of a options valuation program using both the Black and Whaley Models.
This program computes fair market valuations of options on futures, equity, and currency contracts, analyzes a
trader's current position in a commodity, and allows for "what-if" scenarios with respect to price
movement relationships, volatility movements, and time decay analysis with graphical representation.  This
software is currently being marketed in Chicago, New York, London, and Asia through PRIME Analytics, LLC

1992 to date - Currently developing a series of economics instructional software designed to run on the
internet as web-based applications.  The first, Monop, is a posted offer market designed to teach students
about monopoly pricing.   Monop challenges students to apply "price searcher" profit maximization
principles taught in microeconomic theory classes to the case of a monopolist facing known cost conditions
but an unknown demand curve.  In each decision round, students enter an offer price and production quantity.
The computer then simulates the buyers' demand response using a market demand curve specified by the instructor.
By searching out information on quantity demanded at various prices, students who understand the theory can
eventually estimate the underlying demand and marginal revenue curves enabling them to solve the problem analytically
using the MR=MC rule.  Earnings are computed as REVENUE - TOTAL COST, where REVENUE is simply the offer
price times the number of units sold and TOTAL COST is the cost of production, including production costs
of "unsold" units. Another application, Call Market, assists an instructor in class with the running of a "uniform
price double auction", or a "call" market.

CRC Network and Programming Projects

October, 1993 - upgrade Novell Netware server software from v2.15 to v3.12.
El Dorado Psychological Associates, Tucson, Arizona.

October, 1993 - installation of 1.2 Gigabyte hard drive and upgrade Novell Netware server.
Family & Community Medicine, Arizona Health Sciences Center, Tucson, Az.

April, 1991 - dynamic programming for search duration simulation for Profs. Cox and Oaxaca. (see "Laboratory
Experiments with a Finite Horizon Search Model", Journal of Risk and Uncertainty, Sept. 1989) (C language)       

January, 1991 to 1993 - Custom programming of the Rubinstein bargaining game as an addition to the Michigan Economic
Game System. (LAN, C, and NetBIOS)

May, 1990 - Custom programming of a single-user, methodology experiment for Prof. Nathaniel Wilcox, University of
Texas. (C language with network access)

June, 1989 to March, 1990 - Custom programming of the "Michigan Economic Game System" (MEGS), an experimental
bargaining monitor and multi-user interactive research system for Dr. Kenneth Binmore, University of Michigan.
The Harsanyi/Selten two person bargaining game. (Local Area Network, C language and NetBios API)

May, 1989 - Custom programming of a "Resource Allocation/Coordination Mechanism " economics/accounting
experiment for Rachel Payes, Ph.D candidate in Accounting. (Local Area Network, C language and NetBios API)

January, 1989 - Custom programming of a "Market Provider" economics experiment for Dr. Don Coursey
and Dr. Joyce Berg, School of Business, Washington University, St. Louis, Mo. (PLATO system, TUTOR language)

December, 1988 to 1997 - Custom programming of a database system to handles contractor records for the
publication of a book, Who's Who in Construction. (Dbase III plus)

September, 1986 - Installation of a Novell "ethernet" micro-computer network for the business office
of Family & Community Medicine, Arizona Health Sciences Center, Tucson, Az., and various network administration
and programming tasks. Novell Advanced Netware 286 v2.0a (IBM micro-computers)

February, 1986 to 1990 - Custom programming of a budget database to handle approximately 70 different grants,
state funding, and United Physicians, Inc., funding for Family & Community Medicine, Arizona Health
Sciences Center. Automated reports comparing the budget to actual expenditures within the department and
reconciling to the University of Arizona CORE accounting system.(Dbase III Plus and LAN Pack)

August, 1985 - Shared in custom programming of an economic Principal-Agent simulation on the PLATO computer
system for Prof. David Conn, Economics Department, University of Arizona.
(PLATO system, TUTOR language)

June, 1985 - Custom programming of asset market "bubble" simulations for Prof. Daniel Friedman,
University of California, Santa Cruz., in Fortran on the VAX.

May, 1985 - Custom programming of Auto Leasing program for Selby Motors, Inc, Tucson, Az, in Microsoft Basic]
on a Kaypro II micro-computer.

April, 1985 - Custom programming of a check-clearing database and reconciliation program for Pima
Savings, Inc., Tucson, Az., on a DEC VAX 11/750 using VAX Structured Basic and ISAM files.

January, 1985 - Programming of job cost analysis spreadsheet and apartment database for LACO
Construction, Tucson, Az. (Kaypro II micro-computer and Dbase II)

May, 1984 - Programming of an economic bargaining experiment with various forms of arbitration mechanisms
on the PLATO computer system for Prof. Orly Ashenfelter, Princeton University.

MedSystems Consulting Projects
January, 1987 - Review of various medical clinic packages, which handled all aspects of a multiple
doctor practice (i.e. medical records, general ledger, payroll, A/R, A/P, etc.), resulting in the selection of
the MedRex, Inc. system which runs on a DEC PDP/11-73, for Doctors Johnson, Corcoran, and Stevens,
Tucson, Arizona.

Published acknowledgments for research and programming assistance
"An Experimental Investigation of the Hahn-Noll Revenue Neutral Auction for Emmisions Licenses",
Robert Franciosi, R. Mark Isaac, David E. Pingry, and Stanley S. Reynolds
Journal of Environmental Economics and Management 24, 1-24(1993)

"An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems",
Orley Ashenfelter, Janet Currie, Henry S. Farber, and Mathew Spiegel
(Econometrica, Vol. 60, No. 6, November, 1992, 1407-1433)

"Inefficient Information Aggregation as a Source of Asset Price Bubbles", Daniel Friedman, Masanao Aoki
(Bulletin of Economic Research, October 1992, Volume 44, Number 4, 251-279)

"Call Versus Continuous Auctions: An Experimental Study of Market Organization, Mark V. Van Boening
(University of Arizona Doctoral Dissertation Thesis, 1991)

"Finite Horizon Search Behavior with and without Recall", James C. Cox and Ronald L. Oaxaca
(University of Arizona Working Paper, 1991)

"Preference Reversals: Response Modes, Institutions and Incentives", James C. Cox and David Grether
(Cal Tech Working Paper, 1991)

"Cotenancy and Competition in An Experimental Double Auction Market of Natural Gas Pipeline Networks"
Stephen J. Rassenti, Stanley S. Reynolds, Vernon L. Smith
(University of Arizona Working Paper, 1990)

"Designing 'Smart' Computer Assisted Markets: An Experimental Auction for Gas Networks"
Kevin A McCabe, Stephen J. Rassenti, Vernon L. Smith
Journal of Political Economy 5 (1989) 259-283. North Holland

"Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets",
Vernon L. Smith, Gerry L. Suchanek, Arlington W. Williams
Econometrica, Vol 56, No. 5 (September, 1988), 1119-1151

Interests and Activities
Strong interest in finance and financial economics, electronic exchanges, and computers science.

President of the Southern Arizona Network Users Group (1998-1999)
Member of the Information Technology Association of Southern Arizona (1998 to date)
    (formerly the Center for Software Excellence)
Member of the Association for Private Enterprise Education (1996 to 1997)
Member of the American Economic Association (1994 to 1996)
Member of the Economic Science Association (1986 to date)
President of the Southern Arizona Novell Users Group (1992-1993/1993-1994)
President - National Novanet Users Group (1991-1992)
Vice President - National Novanet Users Group (1990-1991)
President of the Tucson Kaypro Users Group (1986-1988).

Minimal Spanish communications ability.

References available upon request.