Eduardo Azevedo

Eduardo Azevedo
  • Professor of Business Economics and Public Policy
  • John M. Bendheim Professor
  • Thomas L. Bendheim Professor

Contact Information

  • office Address:

    329 Dinan Hall (formerly Vance Hall)
    3733 Spruce Street
    Philadelphia, PA 19104

Research Interests: Microeconomic theory

Links: Personal Website

Overview

 

I am an economist at the University of Pennsylvania’s Wharton School. I specialize in economic theory and its applications to other areas of economics, to science, and to business. I am particularly interested in market design, selection markets, social science genetics, and how organizations can use online and offline experimentation to increase productivity. I received my Ph.D. in Economics from Harvard University, advised by Alvin Roth, and was a 2016 Sloan Foundation Fellow.

Personal website: https://eduardomazevedo.github.io.

 

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Research

Papers and data are available on my website https://eduardomazevedo.github.io.

Teaching

Past Courses

  • BEPP2500 - Managerial Economics

    This course will introduce you to "managerial economics" which is the application of microeconomic theory to managerial decision-making. Microeconomic theory is a remarkably useful body of ideas for understanding and analyzing the behavior of individuals and firms in a variety of economic settings. The goal of the course is for you to understand this body of theory well enough so that you can effectively analyze managerial (and other) problems in an economic framework. While this is a "tools" course, we will cover many real-world applications, particularly business applications, so that you can witness the usefulness of these tools and acquire the skills to use them yourself. We will depart from the usual microeconomic theory course by giving more emphasis to prescription: What should a manager do in order to achieve some objective? That course deliverable is to compare with description: Why do firms and consumers act the way they do? The latter will still be quite prominent in this course because only by understanding how other firms and customers behave can a manager determine what is beswt for him or her to do. Strategic interaction is explored both in product markets and auctions. Finally, the challenges created by asymmetric information - both in the market and within the firm - are investigated.

  • BEPP2990 - Independent Study

  • BEPP8980 - Global Modular Course

    Global Modular Course - MBA

  • BEPP9500 - Managerial Economics

    Public goods, externalities, uncertainty, and income redistribution as sources of market failures; private market and collective choice models as possible correcting mechanisms. Microeconomic theories of taxation and public sector expenditures. The administration and organization of the public sector.

  • BEPP9620 - Applied Economics Seminar

    The goal of this course is to help doctoral students develop critical thinking skills through both seminar participation and writing of referee reports. To this end, students will attend the Wharton Applied Economics seminar when it meets each Wednesday at noon; prepare two written referee reports on WAE papers per semester, due before the seminar is presented. After attending the seminar and the ensuing discussion of the paper, students will prepare follow-up evaluations of their referee reports, due one week after the seminar.

  • BEPP9710 - Market Design

    The course covers Market Design, the analysis and engineering of market rules and institutions. In the last 60 years practitioners and academics have deliberately engineered the rules of an increasing number of markets, with classic examples including medical resident matching (e.g., NRMP), spectrum auctions (e.g., FCC auctions), and organ donation exchanges. In the last few years, very large markets have been created from scratch, such as eBay, Adwords, and smaller markets like odesk.com and sittercity.com. These designs use a broad set of tools, including economic theory, empirical analysis and experiments (and a fair dose of trial-and-error). With this experience, useful principles have emerged, on what market failures typically have to be addressed, and on which rules work and which do not.

  • INSP4997 - Senior Capstone

    This senior-year research course is designed to facilitate the completion of a thesis or project as part of the Huntsman Program's senior capstone experience. Students in the Huntsman Program should consult with the Huntsman Program advisors for more information.

  • REAL9620 - Applied Economics Seminar

    The goal of this course is to help doctoral students develop critical thinking skills through both seminar participation and writing of referee reports. To this end, students will attend the Wharton Applied Economics seminar when it meets each Wednesday at noon; prepare two written referee reports on WAE papers per semester, due before the seminar is presented. After attending the seminar and the ensuing discussion of the paper, students will prepare follow-up evaluations of their referee reports, due one week after the seminar.

In the News

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Activity

In the News

How Mortgage Lock-In Is Quietly Pushing Up House Prices

A new paper co-authored by Wharton's Lu Liu argues that homeowners stuck with low fixed mortgage rates aren't just frozen in place — they're propping up the housing market.…Read More

Knowledge @ Wharton - 2026/06/16
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