Staff profile
Prof Angel Hernando-Veciana
Professor of Economics and Finance
PhD in Economics, University College London
Affiliation | Room number | Telephone |
---|---|---|
Professor of Economics and Finance in the Business School | 175 | +44 (0) 191 33 45199 |
Biography
Prof. Angel Hernando-Veciana has held academic positions in Universidad de Alicante (assistant professor), Universidad Carlos III de Madrid (assistant and associate professor) and University College London (funded by a Marie Curie postdoc from the European Commission).
His work on mechanism design, information economics and auction theory has been published in the top journals of economic theory: Journal of Economic Theory, Theoretical Economics, Games and Economic Behavior and Economics Letters.
His work has contributed to the understanding of the implications of bidders’ asymmetries in auctions, competition among auctioneers, and more recently to the design of interest benchmarks like the LIBOR and mechanisms to allocate refugees.
He has also been principal researcher of several research projects funded by the Spanish government and private institutions and has played a leading role in the production of online courses.
Mini Biography
Prof. Angel Hernando-Veciana has a PhD in Economics (2001) from the University College London. Before joining Durham University Business School in 2018, he held the position of Associate Professor of Economics at Universidad Carlos III de Madrid in Spain. His field of specialization is microeconomic theory, in particular mechanism design, information economics and auction theory. He has published several scientific papers in the top publications of his area of research: Journal of Economic Theory, Theoretical Economics, Games and Economic Behavior and Economics Letters.
Research interests
- Mechanism Design
- Microeconomic Theory
- Information Economics
- Auction Theory
Research groups
Publications
Chapter in book
Journal Article
- Hagen, M. & Hernando-Veciana, A. (2021). Multidimensional Bargaining and Posted Prices. Journal of Economic Theory 196: 105317.
- Hernando-Veciana, Angel & Tröge, Michael (2020). Cheap Talk and Strategic Rounding in Libor Submissions. Review of Financial Studies 33(6): 2585-2621.
- Hernando-Veciana, A. & Michelucci, F. (2018). Inefficient Rushes in Auctions. Theoretical Economics 13(1): 273-306.
- Hernando-Veciana, Ángel & Michelucci, Fabio (2017). On the efficiency of the first price auction. Economics Letters 156: 159-161.
- Beker, Pablo F. & Hernando-Veciana, Ángel (2015). The dynamics of bidding markets with financial constraints. Journal of Economic Theory 155: 234-261.
- Hernando-Veciana, Ángel & Michelucci, Fabio (2014). On the optimality of not allocating. Economics Letters 125(2): 233-235.
- Börgers, Tilman, Hernando-Veciana, Angel & Krähmer, Daniel (2013). When are signals complements or substitutes? Journal of Economic Theory 148(1): 165-195.
- Hernando-Veciana, Ángel (2012). Comment on: “Auctions with a buy price: The case of reference-dependent preferences”. Games and Economic Behavior 74(1): 235-239.
- Hernando-Veciana, Ángel & Michelucci, Fabio (2011). Second best efficiency and the English auction. Games and Economic Behavior 73(2): 496-506.
- Hernando-Veciana, Ángel & Tröge, Michael (2011). The insider's curse. Games and Economic Behavior 71(2): 339-350.
- Hernando-Veciana, Ángel (2009). Information acquisition in auctions: Sealed bids vs. open bids. Games and Economic Behavior 65(2): 372-405.
- Hernando-Veciana, Ángel (2006). On the Sub-optimality of Entry Fees in Auctions With Entry. Review of Economic Design 10(1): 53-61.
- Hernando-Veciana, Ángel (2005). Competition among auctioneers in large markets. Journal of Economic Theory 121(1): 107-127.
- Hernando-Veciana, Ángel (2004). Successful uninformed bidding. Games and Economic Behavior 48(1): 29-53.
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