Andrea Prat

Andrea Prat

Complete Curriculum Vitae: PDF File

Current Position: Professor of Economics.

Major fields: game theory, political economy, organization theory, financial markets.

Other:

Co-director, Programme for the Study of Economic Organisation and Public Policy in STICERD
Research affiliate, CEPR
Coordinator for the LSE Economics Department, European Doctoral Programme (EDP)
Managing Editor, Review of Economic Studies
Associate Editor, Theoretical Economics
Council Member, European Economic Association
Member, LSE Athletics Committee

Contact Details

Tel: 020-7955-6992
Fax: 020-7955-6951
Email: a.prat (with extension @lse.ac.uk)
Room number: R.538
Secretarial Support: Leila Alberici, Tel: 020-7955-6674
Postal Address: STICERD, LSE, Houghton Street, London WC2A 2AE, UK
Office Hours: Tuesday 14:30 - 15:30

Teaching

EC441 Advanced Microeconomics (Lent)
EC453 Political Economy (Lent)

Working Papers

"Matching Firms, Managers, and Incentives" (with Oriana Bandiera, Luigi Guiso, and Raffaella Sadun)
"Endogenous Communication in Complex Organizations" (with Antoni Calvó-Armengol and Joan de Martí)
"The Price Impact of Institutional Herding" (with Amil Dasgupta and Michela Verardo)
"Spatial Asset Pricing: A First Step" (with Francois Ortalo-Magne).
"The Political Economy of Housing Supply" (with Francois Ortalo-Magne), Slides
"Is Private Campaign Finance a Good Thing? Estimates of the Potential Informational Benefits" (with Riccardo Puglisi and James Snyder)
"Institutional Trade Persistence and Long-Term Equity Returns" (with Amil Dasgupta and Michela Verardo)
"Commercial Television and Voter Information" (with David Strömberg)
"Pension Fund Governance and the Choice between Defined Benefit and Defined Contribution Plans" (with Timothy Besley)
"Sequential Common Agency" (with Aldo Rustichini)

Publications on International Journals

"Active and Passive Waste in Government Spending: Evidence from a Policy Experiment" (with Oriana Bandiera and Tommaso Valletti), American Economic Review, forthcoming.
"Information aggregation in financial markets with career concerns," (with Amil Dasgupta), Journal of Economic Theory, 143(1): 83-113, November 2008.
"Language and the Theory of the Firm" (with Jacques Cremer and Luis Garicano), Quarterly Journal of Economics 122(1): 373-407, February 2007.
"Handcuffs for the Grabbing Hand? The Role of the Media in Political Accountability" + tables (with Timothy Besley), American Economic Review, 96(3): 720-736, June 2006.
"Financial Equilibrium with Career Concerns" (with Amil Dasgupta), Theoretical Economics, forthcoming, Volume 1, Issue 1, March 2006.
"The Wrong Kind of Transparency", American Economic Review, 95(3): 862-877, June 2005. For a previous version with additional material, click here.
"Games Played through Agents" (with Aldo Rustichini), Econometrica 71(4), 2003.
"Risk Taking and Optimal Contracts for Money Managers" (with Frederic Palomino), RAND Journal of Economics 34(1): 113-137, 2003.
"Campaign Advertising and Voter Welfare" Review of Economic Studies 69(4): 997-1017, 2002.
"Campaign Spending with Office-Seeking Politicians, Rational Voters, and Multiple Lobbies" Journal of Economic Theory 103(1): 162-189, 2002.
"Should a Team Be Homogeneous?" European Economic Review (46)7: 1187-1207, 2002.
"Inefficient Equilibria in Lobbying (with Georg Kirchsteiger)," Journal of Public Economics (82)3: 349-375, 2001.
"The Value of Public Information in Monopoly" (with Marco Ottaviani), Econometrica 69(6): 1673-1683, 2001.
"Spectrum Auctions versus Beauty Contests: Costs and Benefits " (with Tommaso Valletti), Rivista di Politica Economica 91(3): 59-110, 2001.
"An Economic Analysis of Campaign Finance," World Economics 1(2):13--28, 2000.
"Efficiency Properties of a Constant-Ratio Mechanism for the Distribution of Tradable Emission Permits," in Environmental Markets, Eds. G. Chichilnisky and G. Heal, Columbia University Press, 2000.
"Hierarchies of Processors with Endogenous Capacity," Journal of Economic Theory, 77(1), p. 214-222, 1997.
"Shared Knowledge vs. Diversified Knowledge in Teams," Journal of the Japanese and International Economies, 10, 181-195, 1996.

Other Publications

"Italian Managers: Fidelity or Performance?," Report prepared for The Ruling Class, X European Conference, Fondazione Rodolfo Debenedetti, 2008.
"Rational Voters and Political Advertising," in the Oxford Handbook of Political Economy (eds. Barry R. Weingast and Donald A. Wittman), 2006.
"Tutti uguali davanti alla borsa", Radio 3 Scienza, 15 December 2005 (informal discussion of The Price of Conformism on an Italian radio program -- starts at minute 15).
"The More Closely we are Watched, the Better we Behave?", in Transparency: The Key to Better Governance? (eds. Christopher Hood and David Heald), Oxford University Press, 2006.
"Miti e realtà della scuola italiana", La Voce, 27 June 2005.
"Una lezione dal Perù", La Voce, 16 May 2005.
"Credible Pensions" (with Timothy Besley), Fiscal Studies, vol. 26(1): 119–135, 2005.
"Torino-Lione: 13 miliardi spesi bene?", La Voce, 14 May 2004.
"La cittadinanza dei bambini" (with Graziella Bertocchi), La Voce, 16 October 2003.
"La governance dei fondi pensione privati," Rivista di Politica Economica Marzo-Aprile 2003, p. 197--226.
"Mass Media and Political Accountability" (with Timothy Besley and Robin Burgess), in The Right to Tell: The Role of Mass Media in Economic Development (ed. Roumeen Islam), The World Bank, 2002.
"Lo `spettro' delle frequenze radio" (with Tommaso Valletti), Mercato, Concorrenza, Regole, II, 3, 2000
"Efficiency Properties of a Constant-Ratio Mechanism for the Distribution of Tradable Emission Permits," in Environmental Markets, Eds. G. Chichilnisky and G. Heal, Columbia University Press, 2000
"Fretta e incertezza sono state cattive consigliere" (with Tommaso Valletti), Il Sole 24 Ore, 26 October 2000
"UMTS: un business che merita l'asta" (with Tommaso Valletti), Il Sole 24 Ore, 18 april 2000
"Risk Incentives in the Money Management Industry" (with Frederic Palomino), Risico and Rendement, 1999

Last updated: 26 February 2009.