Phone: +1 917-494-5475
Department of Sociology
University of Wisconsin-Madison
8128 Sewell Social Sciences Building
1180 Observatory Drive
Madison, WI 53706
Ph.D., Sociology, University of Wisconsin-Madison (expected May, 2020)
Major Subfields: Economic Sociology & Organizations; Science and Technology Studies (STS)
Preliminary Examinations: Economic Sociology;
Science and Technology Studies (STS)
M.A., Economics, The New School for Social Research, New York, NY
B.S., Biological Science, Cornell University, Ithaca, NY
RESEARCH AND TEACHING INTERESTS
Social Studies of Finance; Digital Sociology; Economic Sociology; Science and Technology Studies (STS); Behavioral Economics; Risk and Decision Making; Sociological Theory
REFEREED JOURNAL ARTICLES & CHAPTERS
Hayes, A. S. The Behavioral Economics of Pierre Bourdieu. (Forthcoming in Sociological Theory)
Hayes, A. S. The Active Construction of Passive Investors: Roboadvisors and Algorithmic “low-finance”. Socio-Economic Review DOI: 10.1093/ser/mwz046
Hayes, A. S. The social meaning of financial wealth: relational accounting in the context of 401(k) retirement accounts. Finance and Society, 5(1), 61-83.
Hayes, A. S. The Socio-Technological Lives of Bitcoin. Theory Culture and Society, 36(4), 49-72.
Hayes, A. S. Bitcoin price and its marginal cost of production: support for a fundamental value. Applied Economics Letters, 26(7), 554-560.
Tasca, P., Hayes, A. S., & Liu, S. The Evolution of the Bitcoin Economy: Extracting and Analyzing the Network of Payment Relationships. Journal of Risk Finance, 19(2), 94-126.
Hayes, A. S. Cryptocurrency Value Formation: An empirical study leading to a cost of production model for valuing Bitcoin. Telematics and Informatics. 34(7), 1308-1321
*Winner, Best Paper Award, Mediterranean Conference on Information Systems (2015)
Hayes, A. S. “Decentralized Banking: Monetary Technocracy in the Digital Age.” In Banking Beyond Banks and Money (pp. 121-131). Springer International Publishing.
Hayes, A. S. and Tasca, P. “Blockchain and Crypto-currencies.” in The FinTech Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries. (217-220). Wiley & Sons.
WORKING PAPERS & MANUSCRIPTS IN SUBMISSION OR PREPARATION
Hayes, A. S. and O’Brien, R. Earmarking risk: Relational work and portfolio choice. (Revise and Resubmit at Social Forces)
Hayes, A. S. Enacting the rational actor: Roboadvisors and the algorithmic performance of ideal types (Revise and Resubmit at Economy & Society)
Hayes, A. S. . Risk Strategies in 401(k) Retirement Plans: Observed Variation by Income and Age. (2nd R&R at The Journal of Risk Research)
O’Brien, R., Hayes, A. S., Kiviat, B. The Relational Context of Economic Behavior: Results from Two Survey Experiments.
Hayes, A. S. (2016). Challenges Confronting Central Bankers Today. Mario Einaudi Center for International Studies, Cornell University, Working Paper 4-16
Hayes A.S. (2015) The Influence of HR Professionals on Employee Investment Decisions in 401(k) Plans.
Hayes, A. S. (2015). The Decision to Produce Altcoins: Miners’ Arbitrage in Cryptocurrency Markets. Available at SSRN 2579448.
AWARDS AND FELLOWSHIPS
2019 EPIC Graduate Colloquium, Ethnographic Praxis in Industry Conference
2019 SASE Early Career Workshop, Society for the Advancement of Socio-Economics
2018-20 Holtz Center Graduate Fellowship, The Holtz Center for Science & Technology Studies, University of Wisconsin-Madison
2017-19 Travel Award, Institute for Research on Poverty (IRP), University of Wisconsin-Madison
2018 Ingrid H. Rima Scholarship, The Association for Social Economics
2016- Graduate Research Fellow, Institute for Research on Poverty, University of Wisconsin-Madison
2015-16 Graduate Research Fellow, Global Finance Initiative/Meridian 180 Project, The Tobin Project & Cornell University
2015 Best Paper Award, Mediterranean Conference on Information Systems (MCIS), Samos, Greece
2013-15 Provost’s Scholarship, The New School for Social Research, New York, NY
Earmarking Risk: Relational Investing and Portfolio Choice, Finance and Society Network Conference, London, UK
Ruminations of the Calculable Cow, Society for Social Studies of Science (4S) conference, New Orleans, LA
The Active Construction of Passive Investors: roboadvisors and algorithmic ‘low-finance’, American Sociological Association (ASA) conference, New York, NY
The Active Construction of Passive Investors: Roboadvisors and algorithmic ‘low-finance’, Society for the Advancement of Socio-Economics (SASE) meeting, New York, NY
The Active Construction of Passive Investors: Toward Robo Economicus, Futures of Finance Conference, Edinburgh, UK.
The Socio-Technological Lives of Bitcoin. Decentralized 2018, Athens, Greece.
The Active Construction of Passive Investors: Toward Robo Economicus, XIX ISA World Congress of Sociology, Toronto, Canada.
The Active Construction of Passive Investors: Toward Robo Economicus, 16th World Congress of the Association for Social Economics, Colorado St. Univ., Fort Collins, CO.
The Socio-Technological Lives of Bitcoin, DigitalCapitalism2018: Ubercapitalism or Post-Capitalism?, Kings College, London, UK.
The Socio-Technological Life of Bitcoin, Cryptocurrency Research Conference, Anglia Ruskin University, Cambridge, UK.
Relational Accounting and Risk-Taking in a Post-Pension Society: How people behave in 401(k) Plans, American Sociological Association, Montreal, Canada.
Relational Accounting and Risk-Taking in a Post-Pension Society: How people behave in 401(k) Plans Canadian Sociological Association, Ryerson University, Toronto, Canada.
Decentralized Banking: Monetary Technocracy in the Digital Age, Mediterranean Conference on Information Systems, Paphos, Cyprus.
Challenges Confronting Central Bankers Today, The Changing Politics of Central Banking, Mario Einaudi Center for International Studies, Cornell University, Ithaca, NY.
Cryptocurrency Value Formation, Mediterranean Conference on Information Systems, University of the Aegean, Samos, Greece.
What Factors Give Cryptocurrencies Their Value?, Virtual Currency Today Summit, Boston, MA.
Cryptocurrency Value Formation, Second Annual Texas Bitcoin Conference, Austin, TX.
2017- Research Assistant, PI: Dr. Rourke O’Brien, Lafollett School of Public Affairs & Dept. of Sociology, Institute for Research on Poverty (IRP), University of Wisconsin-Madison
Project: “Household, Neighborhood, and Policy Determinants of Strategic Tax Behavior by Low-Income Households”
Project: “The Relational Interest Rate”
2014-15 Research Assistant, PI: Dr. Teresa Ghilarducci, Schwartz Center for Economic Policy Analysis, The New School for Social Research, New York, NY
Project: “401(k) Tax Policy and Retirement Inequality”
2019- Lecturer, University of Wisconsin-Madison, Madison, WI
Course: STS 201, Science and Technology in Society (undergraduate)
2015- Lecturer (online), University of Nicosia, Cyprus
Courses: Money & Banking (graduate); Blockchains in the Developing World (graduate)
2016-17 Teaching Assistant, Drs. Erik Olin Wright and Joel Rogers, Department of Sociology, University of Wisconsin-Madison
Course: Contemporary American Society (undergraduate)
2015 Teaching Assistant, Dr. Paulo dos Santos, Department of Economics, The New School for Social Research, New York, NY
Course: History of Economic Thought (graduate)
SERVICE TO PROFESSION
Reviewer: American Journal of Sociology; Convergence; Finance Research Letters; Netnomics; Journal of the British Blockchain Association; Journal of Information, Communication & Ethics in Society (JICES); Journal of Risk Finance; Quarterly Review of Economics and Finance; Routledge Books; Telematics and Informatics
2014-16 The Rockland Community Foundation, Board of Directors
2015-16 The Community Foundation of Orange & Sullivan, Finance & Investment Committee
2010- The Keith B. Hayes Foundation, co-founder & Board of Directors
PROFESSIONAL MEMBERSHIPS, CERTIFICATIONS & LICENSES
American Sociological Association (ASA)
Canadian Sociological Association (CSA)
International Sociological Association (ISA)
Society for the Advancement of Socio-Economics (SASE)
Chartered Financial Analyst (CFA) charterholder
FINRA Series 7
FINRA Series 63
FINRA Series 55
Life, Health & Accident Insurance License
RESEARCH SOFTWARE SKILLS
Stata, Qualtrics, mTurk, NVivo, Excel
Available upon request