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Luciano De Castro
Luciano De Castro

MANAGERIAL ECONOMICS & DECISION SCIENCES
Assistant Professor of Managerial Economics & Decision Sciences

Print Overview
Luciano I. de Castro is an Assistant Professor of Managerial Economics and Decision Sciences. He joined the faculty at the Kellogg School of Management in 2010. He holds a PhD in Mathematical Economics from IMPA. His research interests include auction theory, decision theory and economic theory and energy markets. Professor de Castro is currently working on statistical dependence in auctions and models of decision theory with exchangeability.

Areas of Expertise
Economic Theory
Economics of Uncertainty
Equilibrium
Game Theory
Information Economics
Mechanism Design
Microeconomics
Print Vita
Education
1995, Electronic Engineer, ITA (Aeronautics Technological Institute)
PhD, 2004, Mathematical Economics, IMPA
Master in Sciences, 2001, Mathematical Economics, IMPA
MBA, 1999, Getulio Vargas Foundation

Academic Positions
Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2010-present
Visiting Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2008-2010
Assistant Professor, Univ. of Illinois at Urbana-Champaign, 2007-2008
Visiting Professor, Univ. Carlos III de Madrid, 2005-2007
Post-doc researcher, IMPA, 2004-2005

Grants and Awards
Haralambos Simeonidis Prize, National Association of Economic Schools
Institutional Capacitation Program Research Grant, Ministry of Science and Technology

Editorial Positions
Associate Editor, Economic Theory, 2010-Present

 
Print Research
Research Interests
Game theory; Economic theory; Decision theory

Articles
Castro, Luciano de and de Frutos M. Angeles. 2010. How to translate results from auctions to procurement. Economic Letters. 106(2): 115-118.
Castro, Luciano de and A. Riascos. Characterization of Bidding Behavior in Multi-Unit Auctions. Journal of Mathematical Economics.(45): 559-575.
Castro, Luciano de and Aloisio Araujo. 2009. Pure Strategy Equilibria of Single and Double-Auctions with Interdependent Values. Games and Economic Behavior. 65(1): 25-48.
Castro, Luciano de, Matias Negrete-Pincetic and George Gross. 2009. Response to Cavichi and Lemon: Our Analysis was Thorough. The Electricity Journal. 22(1): 5-12.
Castro, Luciano de, Aloisio Araujo and H. Moreira. 2008. Non-monotonicities and the all-pay auction tie-breaking rule. Economic Theory. 35(4): 407-440.
Castro, Luciano de, Matias Negrete-Pincetic and George Gross. 2008. Product Definition for Future Electricity Supply Auctions: The 2006 Illinois Experience. The Electricity Journal. 21(7): 50-62.
Castro, Luciano de. 2006. Corrigendum to "Existence of Equilibrium in Single and Double Private Value Auctions". Econometrica,. 74(6): 1723-4.
Working Papers
Castro, Luciano de and Harry Paarsch. Forthcoming. How to translate results from auctions to procurement. Annals of Applied Statistics.
Al-Najjar, Nabil and Luciano de Castro. A Subjective Foundation of Objective Probabilities.

 
Print Teaching
Teaching Interests
Competitive Strategy; Microeconomics
Full-Time / Part-Time MBA
Competitive Strategy and Industrial Structure (MECN-441-0)

This course counts toward the following majors: Management & Strategy, Managerial Analytics, Managerial Economics.

The course studies the determinants nature of competitive strategy in a variety of industry structures. The course considers how the structure of a firm's industry affects its strategic choices and performance. Topics include the dynamic aspects of pricing, entry and predation in concentrated industries, and product differentiation, product proliferation and innovation as competitive strategies.