Biography

Ignacio Esponda joined New York University Stern School of Business as an Assistant Professor of Economics in 2006. He teaches Firms and Markets, a core course for the M.B.A. program at Stern.

Professor Esponda's primary areas of research include game theory and industrial organization. Part of his work focuses on understanding strategic interactions of market participants that suffer from specific biases in behavior, such as the failure to take into account the winner's curse effect in the presence of adverse selection. Lately, he has been studying entry, participation, and bidding decisions of firms in procurement markets.

Professor Esponda received his B.A. and M.A. in Economics from Universidad de San Andres, Argentina, and his Ph.D. in Economics from Stanford University.

Research Interests

• Microeconomic Theory
• Game Theory
• Industrial Organization

Academic Background

Ph.D., Economics, 2006
Stanford University

M.A., Economics, 1999
Universidad de San Andres

B.A., Economics, 1998
Universidad de San Andres

Awards & Appointments

Selected Publications

Ignacio Esponda (2008)
Behavioral Equilibrium in Economies with Adverse Selection
American Economic Review, 98(4): 1269-91, September 2008.

Ignacio Esponda (2008)
Information Feedback in First Price Auctions
RAND Journal of Economics, 39: 491-508, Summer 2008.