RAFAEL A. TENORIO
WORK ADDRESS
Department
of Economics
DePaul University
Tel: (312) 362-8309
Fax: (312) 362-5452
E-Mail: rtenorio@condor.depaul.edu
Web page: http://fac.comtech.depaul.edu/rtenorio
DATE AND PLACE OF BIRTH
-
CITIZENSHIP -
MARITAL STATUS - Married, two children.
LANGUAGES -Fluent in Spanish and English; also, Intermediate Italian.
EDUCATION
The
Ph.D., Department of Economics, May 1990.
-Supervisors: Edi Karni, Joseph Harrington Jr. Dissertation Title: "Multiple Unit Auctions with an Application to Foreign Exchange Markets."
-Fields of Specialization: Applied Game Theory, Microeconomics, International Economics, Industrial Economics, Uncertainty and Information.
Master
of Arts in Economics,
September 1986.
Bachelor of Arts in Economics with Departmental Honors, July 1981.
PROFESSIONAL COURSES
"Experimental
Faculty Workshop," International Foundation for Research in Experimental
Economics,
"Co-opetition,"
"XIX
Extension Course in Economics," Central Bank of Perú;
WORK EXPERIENCE
Professor,
Department of
Economics,
Associate
Professor,
Department of Economics,
Courses Taught: Business Conditions Analysis (MBA level), Strategic Decision Making and Game Theory (MBA/MA level), Economics for Decision-Making (MBA level).
Northwestern University,
Visiting
Professor, Department of Management and Strategy,
2005-2006.
Visiting Scholar, Department of Management and
Strategy,
Winter-Spring 1999.
Susquehanna Partners,
Consultant, Summer
2004.
Visiting Scholar, Education Department. June 1999-July 1999.
Taught a course on Game Theory and did research related to strategic aspects of securities trading.
University of
Assistant
Professor,
Department of Finance and Business Economics,
Instructor, Department of Finance and Business
Economics,
Courses
Taught: Managerial Economics (Junior level), Microeconomic Analysis (MBA
level), and Strategic Decision-Making (MBA and Senior levels).
Econometrics
Researcher, the
World Bank,
Summer
Intern, Country
Policy Department, May 1986-August 1986.
Teaching Fellow, Department of Economics, September 1986-May 1987.
Central Bank of Perú,
Economic
Research Analyst,
Monetary Department, Economic Research Division, May 1982-August 1984.
Research and Teaching Assistant, September 1980-December 1981.
SCHOLARSHIPS AND
FELLOWSHIPS
Departmental
Fellowships, 1986-1988.
University Fellowships, 1978-1981.
DISTINCTIONS, HONORS, AND AWARDS
Business Week Guide to The Best Business Schools: Named among Outstanding Faculty, 1995.
Beta Gamma Sigma Honor Society: Faculty Initiate, Spring 1993.
Central Bank of Perú: Earned position as a result of top placement in "XIX Extension Course in Economics," May 1982.
PROFESSIONAL MEMBERSHIPS
-American Economic Association.
-Econometric Society.
-Game Theory Society.
-International Economics and Finance Society.
-Science and Arts Society.
PUBLICATIONS
“Competitive Structure and
Governance in Individual Professional Sports:
Professional Boxing vs. Professional Tennis,” forthcoming in the Economics
of Sport Handbook, edited by Srefan Szymanski, Edward Elgar.
“Jump-Bidding in Internet
Auctions,” with Robert F. Easley, Management Science 50, No. 10, October 2004,
pp. 1407–1419.
"Assessing Individual Risk Attitudes Using Field Data from Lottery Games," with Connel Fullenkamp and Robert Battalio, The Review of Economics and Statistics 85, 2003, pp. 218-225.
"To Spin or Not to Spin? Natural and Laboratory Experiments from ‘The Price is Right’," with Timothy Cason, The Economic Journal 112, 2002, pp. 170-195
"The Economics of Professional Boxing Contracts," Journal of Sports Economics I, 2000, pp. 363-384.
"Multiple Unit Auctions with Strategic Price-Quantity Decisions," Economic Theory 13, 1999, pp. 247-260.
"Some Evidence on Strategic Quantity Reduction in Multiple Unit Auctions," Economics Letters 55,1997, pp. 209-213.
"On Strategic Quantity Bidding in Multiple Unit Auctions," Journal of Industrial Economics XLV, 1997, pp. 207-217.
"Strategic Trading in a Two-Sided Foreign Exchange Auction," with Linda S. Goldberg, Journal of International Economics 42, 1997, pp. 299-326.
"Immigrant-Native Wage Differentials and Immigration
Reform," with Gabriella A. Bucci, Review of Development Economics 1,
1997, pp. 305-323 (also
appeared in The Economics of Immigration,
"On Financing the Internal Enforcement of Illegal Immigration Policies," with Gabriella A. Bucci, Journal of Population Economics 9, 1996, pp. 65-81.
"Explaining Order Imbalances in
"Optimal Decisions in Foreign Exchange Bidding Markets," Managerial and Decision Economics, Vol. 16, 1995, pp.1-6.
"Revenue-Equivalence and Bidding Behavior in a Multi-Unit Auction Market: An Empirical Analysis," The Review of Economics and Statistics, Vol. LXXV, 1993, pp. 302-314.
"Foreign Exchange Auctions," in The New Palgrave Dictionary of Money and Finance, edited by John Eatwell, Murray Milgate, and Peter Newman, Macmillan Press Reference Books, 1992.
"Auction Rings," in The New Palgrave Dictionary
of Money and Finance, edited by John Eatwell, Murray Milgate, and Peter
Newman, Macmillan Press Reference Books, 1992.
CONFERENCE PROCEEDINGS
”Bidding Strategies in Internet Yankee Auctions,” with Robert F. Easley, in Proceedings of Computing in Economics and Finance 1999, Meetings of the Society for Computational Economics, June 24-26.
RESEARCH PAPERS
"Analyzing Sequential Game Equilibrium Using a Natural Experiment from The Price is Right," with Jeff Bacidore, Robert Battalio, and Todd Milbourn.
"Strategic Behavior in a Two-Sided Foreign Exchange Auction," with Linda S. Goldberg, NBER Working Paper No. 5187.
NON-TECHNICAL PAPERS
“Mastering Google’s Dutch Auction,” with David
Haushalter. Susquehanna International
Group.
WORK IN PROGRESS
“Listing Attributes,
Decisions, and Outcomes in Internet Auctions,” with Grabriella A. Bucci.
"Boundedly Rational Decision Rules in Internet Auctions"
"Auctions with Costly Bidding."
"An Empirical Analysis of Coordination Games and Focal Points," with Gabriella Bucci.
“Risk, Incentives, and
Compensation in Professional Sports.”
RESEARCH PRESENTATIONS / conferences
"Coordination Games and Focal Points: A Natural Experiment from "The Family Feud," with Gabriella A. Bucci; Northern Illinois University, Department of Economics, April 2004; March 2001Econometric Society North American Summer Meetings, College Park, Maryland, June 2001, Midwest Economic Theory Conference, Evanston, Illinois May 2002, International Conference on Game Theory, Stony Brook, New York, July 2003.
"Jump Bidding Strategies in Internet Auctions," with Robert F. Easley; Southern Economic Association Meetings, Tampa, Forida, November 2001, University of Illinois at Chicago, Department of Economics, February 2003.
"Assessing Individual Risk Attitudes Using Field Data from Lottery Games," with Connel Fullenkamp and Robert Battalio; Indiana University, Department of Economics, November 2001, Arizona State University, Department of Economics, April 2001; Northern Illinois University, Department of Economics, March 2001; DePaul University, Department of Economics, May 1998 Midwest Economic Theory Conference, East Lansing, Michigan, May 1998; Econometric Society North American Winter Meetings, Chicago, Illinois, January 1998.
"To Spin or Not To Spin? Natural and Laboratory
Experiments from ‘The Price is Right’," with Timothy Cason;
"Bidding Strategies in Internet Yankee Auctions," with Robert Easley; DePaul University, College of Commerce Research Luncheon, Fall 1999; Northwestern University, Department of Management and Strategy, June 1999; Econometric Society North American Summer Meetings, Madison, Wisconsin, June 1999; Midwest Economic Theory Conference, West Lafayette, Indiana, May 1999; Econometric Society North American Winter Meetings, New York City, New York, January 1999.
"Analyzing Sequential Game Equilibrium Using a Natural Experiment from The Price is Right," with Robert Battalio, Todd Milbourn, and Jeff Bacidore; Loyola University, Department of Economics, March 2000; University of Illinois, Department of Economics, March 2000; DePaul University, College of Commerce Research Luncheon, Spring 2000; Northwestern University. Department of Management and Strategy. May 1997; Midwest Economic Theory Conference, Evanston, Illinois, May 1997; Econometric Society North American Winter Meetings, New Orleans, Louisiana, January 1997.
"Strategic Trading in a Two-Sided Foreign Exchange Auction," with Linda S. Goldberg; DePaul University, Department of Finance, January 1997; Workshop on New Directions in the Theories of Games and Markets; The Fields Institute, Toronto, Canada, October 1995; Summer Institute for Decision Sciences, State University of New York, Stony Brook, N.Y., July 1995; New York University, Stern School of Business, March 1995; Purdue University, Krannert School of Management, March 1995; Econometric Society North American Winter Meetings, Washington, D.C., January 1995; Mid-West International Economics Conference, University of Michigan, Ann Arbor, Michigan, May 1994.
"On Strategic Quantity Bidding in Multiple Unit Auctions" Econometric Society North American Winter Meetings, New Orleans, Louisiana, January 1997.
"The Economics of Professional Boxing Contracts." Western Michigan University, Department of Economics, October 1996; University of West Virginia, Department of Economics, May 1993; Western Economic Association International Meetings, San Francisco, California, July 1992.
"Immigrant-Native Wage Differentials and Immigration Reform," with Gabriella A. Bucci. Loyola University, Department of Economics, April 1996; Midwest Economics Association, Chicago, Illinois, March 1996; University of Miami, Department of Economics, November 1995; Western Economic Association International Meetings, San Diego, California, July 1995.
"On Financing the Internal Enforcement of Illegal Immigration Policies," with Gabriella A. Bucci. European Society of Population Economics, Tilburg University, The Netherlands, June 1994; Western Economic Association International Meetings, Lake Tahoe, Nevada, July 1993; Mid-West International Economics Conference, University of Pittsburgh, Pittsburgh, Pennsylvania, October 1992.
"Multiple Unit Auctions with Strategic Price-Quantity Decisions." Econometric Society North American Winter Meetings, Boston, Massachusetts, January 1994; Mid-West International Economics Conference, University of Kentucky, Lexington, Kentucky, May 1993; Western Economic Association International Meetings, Seattle, Washington, July 1991; International Conference on Game Theory, European University Institute, Florence, Italy, June 1991; DePaul University, Department of Finance, March 1990.
"Revenue-Equivalence and Bidding Behavior in a Multi-Unit Auction Market: An Empirical Analysis." Econometric Society North American Winter Meetings, New Orleans, Louisiana, January 1992; Mid-West International Economics Conference, Northwestern University, Evanston, Illinois, May 1991; DePaul University, Department of Economics, April 1991.
DISCUSSANT:
Global Finance Conference, DePaul University, Chicago, Illinois, April 2000.
Allied Social Science Association Meetings, Boston, Massachusetts, January 2000.
Econometric Society North American Summer Meetings, Madison, Wisconsin, June 1999.
Econometric Society North American Summer Meetings, Montreal, Canada, June 1998.
Mid-West International Economics Conference, Bloomington, Indiana, October 1997.
Econometric Society North American Summer Meetings, Pasadena, California, June 1997.
Midwest International Economics Conference, Saint Louis, Missouri, October 1996.
Midwest International Economics Conference, West Lafayette, Indiana, April 1996.
Mid-West International Economics Conference, University of Iowa, Iowa City, Iowa, May 1995.
Mid-West International Economics Conference, University of Michigan, Ann Arbor, Michigan, May 1994.
Western Economic Association International Meetings, Lake Tahoe, Nevada, July 1993.
Western Economic Association International Meetings, San Francisco, California, July 1992.
Mid-West International Economics Conference, Michigan State University, East Lansing, Michigan, May 1992.
Financial Management Association Meetings, Chicago, Illinois, October 1991.
Western Economic Association International Meetings, Seattle, Washington, July 1991.
Mid-West International Economics Conference, Northwestern University, Evanston, Illinois, May 1991.
GRANTS AND SPONSORED PROGRAMS
Procter and Gamble. Curriculum Development Grant (one of nine team members). Award of $150,000 over three years. 1996-1998.
Lilly
Endowment, Inc.
Summer Grant for New Course Preparation. Award of $5,000 to prepare the course
"Strategic Decision-Making," 1995.
OTHER PROFESSIONAL CONTRIBUTIONS
Referee/ Reviewer:
-The National Science Foundation.
-The American Economic Review.
-Economic Theory.
-The Journal of Economic Theory.
-The RAND Journal of Economics.
-Management
Science
-The
Journal of Economic Behavior and Organization.
-European Economic Review
-European Journal of Operational Research
-Journal
of Health Economics
-The Journal of Sports Economics.
-The International Journal of Industrial Organization.
-The Review of Economics and Statistics.
-The Journal of Industrial Economics.
-Quarterly Journal of Business and Economics.
-The Journal of Economics and Business.
-International Review of Economics and Finance.
-The Review of International Economics.
-Revista de Econometria.
-The Journal of Comparative Economics.
-Contemporary Economic Policy.
-The Journal of Economics
-Economic Efficiency and The New Economy, Derek Jones, Academic Press.
-Fun and Games, Ken Binmore, Houghton and Mifflin.
-Games in Business and Economics, Roy Gardner, John Wiley and Sons.
-Games in Business and Social Sciences, Laura Lu and Panos Mourdokoutas, Prentice Hall.
-Microeconomics, 3rd. ed., Ancillary Materials, Daniel Rubinfeld and Robert Pindyck, Prentice Hall.
-Microeconomics 2nd. ed., Michael Katz and Harvey Rosen, Irwin.
-Managerial Economics, Stephen Marks and William Samuelson, Dryden Press.
-
-
Educational Testing Service
Prepared test items for Economics Graduate Record Examination (GRE).
WBEZ, Chicago National Public Radio
Panelist
in the program Odyssey,
The New York Times Magazine
Cited
in the article "Money for Nothing," by John Cook,
Committees / sERVICE
University Level: Academic Integrity Committee, Loop Campus Ombudsperson, 2001 - present
College Level: Research Committee, Chair, 2000-Present; International Programs, 1999 - 2000.
Department Level: Recruiting Committee, 1999; Seminar Series Organizer, 1999 -
present.
The Graduate School: Dissertation Defense Committee for Germán Echecopar, Ph.D.,
Economics Department, 1995. Dissertation Proposal Defense Committee for Willy Cortez, Ph.D.
Candidate, Economics Department, 1994.
College Level: MBA Admissions, 1992 - 1998; Orientation. Facilitator, 1991-1992CBA Diversity, 1995 - 1998. -Conference on Active Learning and Technology, March 1999. Co-Organizer. In charge of the session "Using Classroom Experiments to Games to Understand Games and Markets." Mid-West Macroeconomics Conference, October 1997. Session Chair.
Department of Finance and Business Economics: Outside Programs, 1991; Seminar Series Coordinator, 1996-1998; Faculty Recruiting, 1991-1997.
Department of Economics -Conference on The Need for a New Economics of Science, March 1997. Session Chair.