Ángel Hernando-Veciana CV

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Date of birth: 7th May 1972.
Citizenship: Spanish.

Address:

ELSE-Department of Economics

University College London

Gower Street

London WC1E 6BT

United Kingdom

Email: angel@merlin.fae.ua.es, uctpam0@ucl.ac.uk

URL: http://merlin.fae.ua.es/angel

Languages: Spanish, English, French.

Education:

• University College London,  Ph.D. in Economics, October 2000. Thesis title: “Essays on Auction Theory”. Principal Thesis Advisor: Prof. Tilman Börgers.
• CEMFI, Madrid   M.Sc. in Economics, 1996. Thesis: “Incentivos empresariales y supervision bancaria en contratos de deuda” (“Entrepreneurial Incentives and Bank Monitoring in Dept Contracts”), supervised by Prof. Jorge Padilla. Final mark: Sobresaliente (9/10).
• Univ. de Castilla-La Mancha, Licenciado en Economía (Ba. in Economics), 1994.

Major Fields of Interest:

• Auctions.
• Industrial Organization.
• Microeconomic Theory.

Awards:

• Mención honorífica en el certamen nacional al mejor currículum en ciencias económicas (Special Award in the National Competition to the Best Degree in Economic Science), 1994.
• Premio Extraordinario Fin de Carrera, (Faculty Award to the Best Degree in Economic Science), 1994.

Professional Experience:

• Assistant professor at Universidad de Alicante, from October 2000 to September 2003.
• Lecturer at the MSc on Economics and Regulation of Public Utilities: Water, Energy and Telecommunications, at Universitat de Barcelona, academic courses, 2001-2, 2002-3, and 2003-4.
• Lecturer at the MSc Pre-Session Mathematics Course. Years: 1997, 1998 and 1999. University College London.
• Occasional consultancy work for ELSEco, plc. and Market Analysis, plc. 1999-2000:

-Consultations for the design of the UMTS auction for the Belgian Government.
-Merger Analysis: Airtours-First Choice Case.
-Market Definition in European Sports Broadcasting and Competition for Sports Broadcasting Rights, report for the European Commission.
-Merger Analysis: Manchester United-BSkyB Case.

• Current Position: research fellow at University College London funded by a Marie Curie fellowship (European Union) and ELSE (ESRC research center), from October 2003 to September 2004, and Ramon y Cajal assistant professor at Universidad de Alicante, from October 2003.

Publications in Journals:

§ “Successful Uninformed Bidding”, forthcoming in Games and Economic Behavior.

§ “Competition among Auctioneers in Large Markets”, accepted subject to revision in Journal of Economic Theory. Former name “Competition among Auctioneers”.

§ “Efectos del análisis crediticio sobre los incentivos empresariales”, Investigaciones Económicas, vol. XXII(3), 1998, págs. 361-392.

Working Papers:

· “Incentivos empresariales y supervisión bancaria en contratos de deuda”, tesina CEMFI, Nº 9703.

· “Successful Uninformed Bidding”, Documento de trabajo del IVIE

, WP-AD 2001-06. Accepted in Games and Economic Behavior.

· “Competition among Auctioneers”, Documento de trabajo del IVIE, WP-AD 2001-18. Accepted subject to revision in Journal of Economic Theory.

· “(Sub-)Optimal Entry Fees”, Documento de trabajo del IVIE, WP-AD 2002-03.

Work in Progress:

• “Information Acquisition in Auctions: Sealed Bids vs. Open Bids,” September 2003.
• “The Insider’s Curse” (jointly with Michael Tröger), February 2004.
• “The Role of Traders in Auctions with Secondary Markets,” October 2002.
• “Multi-unit Auctions with Secondary Markets,” February 2004.
• “Efficient Jump Bidding” (jointly with Fabio Michelucci), February 2004.

Scholarships:

• Marie Curie Intraeuropean fellowship, October 2003-September 2004.
• Ayuda para estancias postdoctorales, Generalitat Valenciana, April 2003-June 2003.
• Bank of Spain Scholarship, 1999-2000.
• Fundación Ramón Areces Scholarship, 1996-99.
• CEMFI scholarship (Argentaria ), 1994-96.
• Fundación Caja de Madrid Scholarship on Industrial Organisation, 1993-94.
• DEECO Scholarship (by Spanish Ministry of Education and Science), 1993.

Research Projects:

• IVIE, “Information Acquisition in Auctions”, 2003 (director).
• Ministerio de Ciencia y Tecnologia, Spanish Government: “Redes Sociales y Procesos Economicos”, 2002-3.
• Generalitat Valenciana, “El Mercado, un Mecanismo de Interaccion Personalizada: un Enfoque Positivo, Normativo y Empirico, 2002-4.

Referee for:

• The Review of Economic Studies, Games and Economic Behavior, The Economic Journal, International Economic Review, Investigaciones Económicas, Spanish Economic Review.

Seminars at:

Bristol University, University College London, Universitat Pompeu Fabra, Universidad de Barcelona, Universidad Autonoma de Barcelona, Universidad de Alicante, Universidad Complutense de Madrid, Universidad de Malaga.

Congress Assistance:

• “(Sub-)Optimal Entry Fees”, Annual Meeting of the European Economic Association, Venice (Italy), august 2002.
• “Competition among Auctioneers” European Meeting of the Econometric Society, Lausanne (Suiza), August 2001.
• “(Sub-)Optimal Entry Fees”, Simposio de Análisis Económico, Alicante, December 2001.
• “Sucessfull Uninformed Bidding”, World Meeting of the Econometric Society, Seattle (USA), August, 2000.
• JAMBOREE meeting of the ENTER program at UCL, London, January 2000.
• “Competition among Auctioneers” Simposio de Análisis Económico, Barcelona, December 1999.
• “The Privilege of the Uninformed in Uniform Price Auctions”, Annual Meeting of the European Economic Association, Santiago de Compostela, August, 1999.
• “The Privilege of the Uninformed in Uniform Price Auctions”, International Conference in Game Theory, Stony Brook (USA), July 1999.
• JAMBOREE meeting of the ENTER program at CORE-UCL, Brussels, January 1999.
• JAMBOREE meeting of the ENTER program at UAB, Barcelona, January 1998.
• “Auctions with Entry Costs”, Simposio de Análisis Económico, Barcelona, December 1997.

Short Visists:

• University of Pennsylvania, Philadelphia, April-June, 2003.
• Instituto de Analisis Economico, Barcelona, a week in February, 2002.
• University of Toulouse, January-July, 1998.

Summer Courses:

• Auction Theory and Competition Policy, Royal Economic Society Easter School, Birmingham, April, 1999.
• Auction Theory and Markets, Summer School in Jerusalem University, June 1998.