Jose Miguel Abito

Jose Miguel Abito
  • Assistant Professor of Business Economics and Public Policy

Contact Information

  • office Address:

    3620 Locust Walk
    University of Pennsylvania, Business Econ & Public Poli
    Philadelphia, PA 19104

Research Interests: environmental economics, industrial organization, regulation

Links: CV, Personal Website

Overview

 

Please visit my website for the most up-to-date information: http://assets.wharton.upenn.edu/~abito/

 

Jose Miguel Abito specializes in Industrial Organization, Regulation and Environmental Economics. His current research include investigating the interaction of price and pollution regulation in the US electricity industry and its effect on efficiency, understanding dynamics of corporate campaigns and how activists induce private regulation, and studying consumer bias in purchasing extended warranties and how it influences firms’ pricing strategies. He is also interested in antitrust policy and regulation.

Jose Miguel received his PhD in Economics from Northwestern University in 2013. Prior to his doctoral studies, he attended the Toulouse School of Economics in France and the National University of Singapore.

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Research

  • Cinthia Konichi Paulo and Jose Miguel Abito (Work In Progress), Auctions with Limited Commitment: Evidence from Government Procurement.

    Abstract: Government procurement often exhibits limited commitment since the government may opt to negotiate awarding of the contract in the event the auctions fails. We study procurement of off-the-shelf items by local government agencies in the State of São Paulo in Brazil, where local agencies buy goods through an English auction that is immediately followed by bargaining with the winning bidder. In this setting, the value of the contract depends on a bidder's beliefs about the agency's bargaining power and how bargaining will eventually unfold.

Teaching

Past Courses

  • BEPP250 - 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 compared 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 determin what is best 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.

  • BEPP950 - 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.

Activity

Latest Research

Cinthia Konichi Paulo and Jose Miguel Abito (Work In Progress), Auctions with Limited Commitment: Evidence from Government Procurement.
All Research