📚 New book · July 29 The Socioeconomic Impact of Pandemics How COVID-19 Reshaped the World View the book →

Economist · Data Scientist · Research Leader

Orhan Erdem, Ph.D.

Clinical Associate Professor at the University of North Texas and former Director of Research at Borsa Istanbul, applying artificial intelligence, behavioral economics, and econometrics to financial markets, healthcare, and public policy.

Portrait of Orhan Erdem

01 About

Orhan Erdem is an economist and Clinical Associate Professor at the University of North Texas. His work combines artificial intelligence, data science, behavioral economics, and applied econometrics to turn complex evidence into practical insights.

Before joining UNT, he directed the Research Department at Borsa Istanbul and held academic appointments in the United States and Turkey, including at the University of Texas at Dallas, Texas A&M University-Commerce, and Rockford University.

02 Selected Research

Recent work across AI, behavioral decision-making, financial markets, housing, and health.

  1. 2026
    LLMs Are Not WEIRD: Comparing AI and Human Financial Decision-Making (with R. P. Ashok)Journal of Behavioral and Experimental Economics, 120, 102505.
  2. 2026
    The Pandemic Puzzle: The Causal Impact of Government Stringency on Housing Prices (with Z. Gider)International Journal of Housing Markets and Analysis, 19(4), 904–921.
  3. 2025
    Hallucination in AI-Generated Financial Literature Reviews: Evaluating Bibliographic Accuracy (with K. Hassett and F. Eğriboyun)International Journal of Data Science and Analytics, 20(5), 4501–4510.
  4. 2023
    Children, vaccines, and financial incentives (with S. Erdem and K. Monson)International Journal of Health Economics and Management.
  5. 2020

03 Featured Projects

Explore finished interactive tools, simulations, and public-facing data projects.

Data project

Walmart Inflation Tracker

Latest monthly change July: −2.6% Walmart basket index: 98.75

Loading the latest data from Google Sheets…

A fixed basket of groceries at one Walmart in Irving, Texas, tracked over time as an informal real-world inflation gauge and compared with official CPI data.

Explore Interactive Chart ↗
Walmart Basket Price Index and US CPI The Walmart basket index is compared with the official US CPI index from January 2026. The Walmart index falls to 98.75 in July, a monthly decline of 2.64 percent. Walmart Basket Price Index Base = 100 in January 2026 · compared with official US CPI JULY MONTHLY CHANGE −2.64% 98 99 100 101 102 103 Jan Feb Mar Apr May Jun Jul JULY INDEX 98.75 Walmart fixed basket Official US CPI Official CPI available through June
Walmart basket index versus official CPI. Official CPI is shown through June 2026.

04 Books

Four books spanning finance, behavioral economics, and the socioeconomics of pandemics.

Book cover: The Socioeconomic Impact of Pandemics Cover
coming soon

New release · Available July 29, 2026

The Socioeconomic Impact of Pandemics

How COVID-19 Reshaped the World

Palgrave Macmillan · 2026

A narrative exploration of how the COVID-19 pandemic transformed societies, economies, and institutions — and what history can teach us about future crises.

“A terrific book that weaves history, literature, and modern analysis into a clear and compelling narrative. Drawing on voices from Camus, Vonnegut, and Marcus Aurelius, alongside vivid storytelling such as the Dr. Karikó case, it makes sense of one of the most disorienting crises of our time without losing nuance or humanity. Above all, it captures the central truths of crisis: that the vulnerable suffer most; fear erodes logic; and democracy itself is at risk. A thoughtful, heterodox work with a final line that lingers long after the last page.” — Robert Maranto, University of Arkansas

05 Teaching

University of North Texas

Applied Data Analytics

Graduate teaching in data analytics, statistical modeling, machine learning, econometrics, and the practical use of AI.

Learning approach

From Methods to Decisions

Courses emphasize hands-on analysis, careful interpretation, reproducible work, and communicating results to nontechnical audiences.

06 Speaking & Media

Speaking

AI, Economics & Financial Markets

Talks and workshops on AI in the workplace, behavioral economics, market behavior, and applied analytics.

Podcast · English

Financially Yours

Economics and current events, with conversations spanning financial bubbles, bank runs, technology, and policy.

Apple Podcasts · Spotify

Podcast · Türkçe

Hikâye Tadında Ekonomi

Story-driven episodes about stock markets, Bitcoin, bubbles, behavioral economics, and economic geography.

Apple Podcasts · Spotify

07 Contact

For research collaboration, speaking, media inquiries, or applied analytics projects: