Eduardo Azevedo

Eduardo Azevedo
  • Associate Professor of Business Economics and Public Policy

Contact Information

  • office Address:

    329 Vance Hall
    3733 Spruce Street
    Philadelphia, PA 19104

Research Interests: applied microeconomic theory

Links: Personal Website

Overview

Eduardo Azevedo is an assistant professor in the Business Economics and Public Policy Department at Wharton. He specializes in applied microeconomic theory, market design and adverse selection.

Personal website: www.eduardomazevedo.com or https://eduardomazevedo.github.io.

 

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Research

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

Teaching

Current 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 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.

    BEPP250002

    BEPP250003

    BEPP250004

    BEPP250006

  • 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.

    BEPP950004

    BEPP950006

Past Courses

  • BEPP207 - ECON. FOR NEXT 100 YRS

  • 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 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.

  • BEPP299 - INDEPENDENT STUDY

  • 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.

  • BEPP971 - 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.

Knowledge@Wharton

How to Be an Inclusive Leader

As part of the Leading Diversity@Wharton speaker series, Dean Erika James and AT&T Senior Vice President and Chief Diversity Officer Corey Anthony spoke with Wharton’s Stephanie Creary about inclusive leadership in times of crisis.

Knowledge @ Wharton - 12/1/2020
Why India’s V-Shaped Economic Recovery Falls Short

Headlines about India’s encouraging economic indicators mask the ground realities, according to new research co-authored by Wharton’s Heather Schofield.

Knowledge @ Wharton - 12/1/2020
What Role Should Insurers Play in Covering Pandemic Business Losses?

For many small businesses such as restaurants, the denial of insurance claims for COVID-19 losses spells bankruptcy and closure. Public-private partnerships could help provide a solution, says Wharton’s Howard Kunreuther.

Knowledge @ Wharton - 12/1/2020