Wharton Professor Amit Gandhi

Wharton Professor Amit Gandhi

Wharton Professor Amit Gandhi : PROFESSOR OF ECONOMICS

Professor Amit Gandhi joins us from the University of Wisconsin and Microsoft. Amit is an applied economist specializing in industrial organization and econometrics. He has done important work on methodological model identification of demand and production functions and in auction models.

Amit Gandhi
Department of Economics
University of Pennsylvania
Phone: (215) 898-7409
540 McNeil Building
3718 Locust Walk
Philadelphia, PA 19104
akgandhi@upenn.edu
Education
Ph.D., University of Chicago, 2007
M.B.A., University of Chicago, 2007
B.S., Mathematics, University of Michigan at Ann-Arbor, 1999
Thesis Title: Identifying Risk Preferences using Betting Markets (Chair: Philip Reny)
Positions
University of Pennsylvania
Professor, Department of Economics, Jan 2018-present
Professor, Wharton School of Business (Marketing), June 2018-present
Microsoft Corporation
Economic Advisor, Jan 2018-present
Chief Economist Microsoft Cloud, Jan 2016- Jan 2018
University of Wisconsin-Madison
Associate Professor (with tenure), Department of Economics, 2013-present
Assistant Professor of Economics, Department of Economics 2007- 2013
Yale University
Visiting Assistant Professor, Department of Economics, Fall Semester 2010
Northwestern University
Visiting Assistant Professor, Department of Economics, Winter Quarter 2011
Fields
Industrial Organization, Econometrics
Editorial Positions
Management Science (Marketing Area), Associate Editor, June 2014-June 2017
Journal of Business, Economics, and Statistics, Associate Editor, January 2014-June 2017
Honors and Grants
2016 Oliver E. Williamson Prize for best article in Journal of Law, Economics and Organization,
April 2016
National Science Foundation grant SES-1530788, “Measuring Substitution Patterns and Firm Last updated: Jan 25 2019
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Conduct in Differentiated Product Industries” (with Jean-Francois Houde), 2015–2018
Searle Center on Law, Regulation, and Economic Growth at Northwestern University School of
Law, Distinguished Fellow, 2015-present
Stuart W. McCroskey Fellow in Economics, University of Wisconsin-Madison, 2007-2009
National Science Foundation grant SES-09022046, “Nonparametric Identification and Estimation of
Distributions of Unobserved Heterogeneity in Economic Choice Models using Mixtures” (with
Jeremy Fox), 2009–2011.
Published and Forthcoming Papers
“From Aggregate Betting Data to Individual Risk Preferences” (with Pierre Andre Chiappori,
Bernard Salanie, and Francois Salanie), Jan 2019, forthcoming Econometrica
“On the Identification of Production Functions: How Heterogeneous is Productivity” (with Salvador
Navarro and David Rivers), Oct 2017, (conditional accept) Journal of Political Economy
“A Simple Test for Moment Inequality Models with an Application to English Auctions” (with
Andres Aradillas-Lopez and Daniel Quint), Journal of Econometrics, 2016, 194(1), 96-115
“Estimation of games with ordered actions: An application to chain-store entry” (with Andres
Aradillas-Lopez), Quantitative Economics, 2016, 7(3), 727-780
“Negative Advertising and Political Competition” (with Daniela Iorio and Carly Urban),
Forthcoming Journal of Law, Economics, and Organization, 2016, 32(3), 433-477 (2016 Oliver E.
Williamson Prize for best article)
“Nonparametric Identification and Estimation of Random Coefficients in Multinomial Choice
Models” (with Jeremy Fox), RAND Journal of Economics, Spring 2016, 47(1), 118-139
“Does Belief Heterogeneity Explain Asset Prices” (with Ricardo Serrano-Padial), Review of
Economic Studies, January 2015, 82(1), 156-186
“Connected Substitutes and the Invertibility of Demand” (with Steven Berry and Phil Haile),
Econometrica, September 2013, 81(5), 2087-2111*
“Identification and Inference in Ascending Auctions with Correlated Private Values” (with Andres
Aradillas-Lopez and Daniel Quint), Econometrica, March 2013, 81(2), 489-534*
“Identifying Preferences Under Risk from Discrete Choices” (with Pierre Andre Chiappori, Bernard
Salanie, and Francois Salanie), American Economic Review (P&P), 2008, 98, 146-150
“Post-Merger Product Repositioning” (with Luke Froeb, Steven Tschantz, and Greg Werden),
Journal of Industrial Economics, March 2008, Volume 56 (1), 49-67*Last updated: Jan 25 2019
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Submitted Working Papers
“Identification and Estimation in Discrete Choice Demand Models when Endogenous Variables
Interact with the Error” (with Kyoo-il Kim and Amil Petrin), Oct 2012, revise and resubmit
Econometrica
Working Papers
“Flexible Estimation of Aggregate Demand Models” (with Aviv Nevo and Jing Tao), Jan 2019
“Identifying Market Power in Production Data” (with James Traina and Zach Flynn) Jan 2019
“Estimating Demand for Differentiated Products with Zeores in Market Shares” (with Xiaoxia Shi
and Zhentong Lu), March 2018
“Estimating Belief Uncertainty with Option Prices” (with Ricardo-Serrano Padial) (Jan 2018)
“Measuring Substitution Patterns in Product Differentiated Industries” (with Jean-Francois Houde),
Jan 2016
“Identifying Demand with Multidimensional Unobservables: A Random Functions Approach (with
Jeremy Fox), October 2011
“The Stochastic Response Dynamic: Computing Nash Equilibrium using MCMC”, 2006, (permanent
working paper)
Seminar Presentations
(2006-2007) University of Chicago, UCLA, Yale, Boston University, University of Southern
California, University of Virginia, University of Pennsylvania (Wharton), Georgetown, University
of Wisconsin-Madison
(2007-2008) Columbia University
(2008-2009) New York University (Economics Dept), University College London, Toulouse
School of Economics, University of Minnesota
(2009-1010) University of Michigan, MIT, University of Wisconsin-Milwaukee, Duke, University
of Chicago
(2010-2011) Harvard Econometrics workshop, UCL, Yale, Northwestern
(2011-2012) Chicago Booth, Carnegie Mellon, NYU-Stern, Caltech, UCLA, LSE
(2012-2013) Princeton, Michigan, UVA, FTC
(2013-2014) Toulouse University, Mannheim University, University of Zurich, Vanderbilt
University, Pennsylvania State University, Harvard/MIT IO, University of Chicago
(2014-2015) Johns Hopins, Washington University Olin School, Texas A&M, Rice, Wharton, Yale, Last updated: Jan 25 2019
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Illinois
(2015-2016) Harvard/MIT IO, Stanford GSB, The Ohio State University, Georgetown, Toronto,
Indiana, Boston College
Selected Conference Presentations
NSF/CEME Decentralization Conference, New Orleans, LA, April 2008
World Congress on Economic Accounts and Economic Performance Measures, Washington DC,
May 2008
Cowles Foundation Conference on Identification of Economic Models, Yale University, June 2008
Cowles Foundation Conference on Structural Microeconomics, Yale University, June 2008
2nd Annual “Center on Auctions, Procurement, and Competition Policy” Conference, Penn State,
March 2009
Stanford Institute for Theoretical Economics (SITE), Stanford University, June 2009
Cowles Foundation Conference on Nonseparable Models with Endogeneity, Yale University, June
2010
Cowles Foundation Conference on Structural Microeconomics, Yale University, June 2010
Econometrics of Demand Conference, MIT, May 2011
Cowles Foundation Conference on Econometric Models of Strategic Interaction, Yale University,
June 2011
Consumer Behavior and Welfare Measurement, Insitute of Fiscal Studies, University College
London, December 2011
2nd Workshop on Structural Approaches to Productivity and Industry Dynamics, Einaudi Institute
for Economics and Finance – Rome, Italy, April 2012
Cowles Foundation Conference on Structural Empirical Microeconomic Models, Yale University,
June 2012
1st Annual Hal White Antitrust Conference, Bates-White, Washington DC, June 2013
4th Annual Conference on Internet Search and Innovation, Northwestern University, June 2013
Mini-Course on “Recent Developments in Industrial Organization” (3 Lectures), KU Leuven,
(being scheduled)
Invited Session on Empirical Analysis of Auctions for Asian Econometric Society Meetings,
National University of Singapore, August 2013
Econometrics of Demand Conference, Boston College, December 2013
Organized session at 2014 Econometric Society Winter Meetings, “Identification and Estimation
of Models of Nonseparable Models with Endogeneity”, Philadelphia, PA.
Invited Paper at 2014 Econometric Society Summer Meetings, Minneapolis, MN
Barcelona GSE Summer Forum, Applied IO Session, Barcelona, Spain, June 2014
Econometric Society Winter Meetings, “High Dimensional Inference in Demand” session, Boston,
MA, January 2015.
Hal White Antitrust Conference, Bates-White, Washington DC, June 2015
Cowles Foundation Conference on Heterogenous Agents and Econometrics, Yale University,
June 2015
Teaching
Principles of Microeconomics (undergraduate), Behavioral Economics (undergraduate), Empirical
Industrial Organization (Graduate)
Student Advising
Zach Flynn, PhD 2017, placement: AmazonLast updated: Jan 25 2019
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Wilson Law, PhD 2016, placement: Baylor University
Andrea Guglielmo, PhD. 2016, placement: Analysis Group
Nathan Marwell, PhD. 2016, placement: Uber
Zhentong Lu (main advisor), PhD. 2015, current placement: Dept. of Economics, SUFE
Jing Tao, PhD 2015, current placement: Dept. of Economics, University of Washington
Serafin Grundl, PhD. 2014, current placement: Federal Reserve Board
Yu Zhu, PhD 2014, current placement: Bank of Candada
Pedro Hancevic (main advisor), PhD. 2014, current placement: Dept. of Economics, Centro de
Investigacion y Docencia Economicas (CIDE)
Peter Newberry PhD. 2012, current placement: Dept. of Economics, Pennsylvania State University
Yuya Takahashi PhD. 2010, current placement: Dept. of Economics, Johns Hopkins University
David Rivers (co-main advisor), PhD. 2010, current placement: Dept. of Economics, University of
Western-Ontario
Masson C. Li, PhD. 2009, first placement: Bates-White Consulting
James Cozart, B.S. 2013, post-graduate placement: Research Assistant for John List, University of
Chicago
Colin Watson, B.S. 2012, post-graduate placement: Dept. of Economics, University of Michigan PhD
program
Dan Zou, B.S. 2009, post-graduate placement: Marketing Department, Booth School of Business
PhD program

Professional Service
Program Committee, 2013 North American Summer Meeting of the Econometric Society
Refereeing for Journals: Econometrica, Journal of Political Economy, Review of Economic Studies,
American Economic Review, RAND Journal of Economics, Journal of Econometrics, Quantiative
Economics, AEJ Journal: Microeconomics Journal, Journal of Industrial Economics, Journal of
Business Economics and Statistics, Journal of Applied Econometrics, International Economic
Review, Review of Economics and Statistics, Economic Journal, Economic Letters, B.E. Journal of
Economics. National Science Foundation

Department and University Service (all for University of Wisconsin-Madison)
Excutive Committee (2013-present), Junior Faculty Recruiting (2007-2008, 2015-2016), Library
Representative (2007-2010), Faculty Senator-Alternative (2007-2009), Graduate Admissions

Wharton Professor Amit Gandhi