Alvaro Sandroni
E.D. Howard Professor of Political Economy
Professor of Managerial Economics & Decision Sciences
Alvaro Sandroni is the E.D. Howard Professor in Political Economy at the Kellogg School of Management, Northwestern University, where he has taught since 1996. He received his PhD in economics in 1996 from the University of Pennsylvania, his PhD in mathematics in 1994 from the Instituto de Matematica Pura e Aplicada (Brazil) and his B.Sc. in mathematics in 1986 from the Pontifica Universidade Catolica economics (Brazil). Sandroni has also taught at the University of Pennsylvania and the University of Rochester.
Sandroni has received grants from the Institute of Aging, the Bi-National Science Foundation, the Bergmann Memorial Research as well as four National Science Foundation grants for behavioral science research. He served as a panelist for the National Science Foundation and was invited Fellow at the Center for Advanced Study in Behavioral Sciences. He has also received the 2003 Stanley Reiter Best Paper Award, the University of Pennsylvania’s William Polk Carey Prize in Economics for Best Ph. D. Dissertation and the Hiram C. Haney Fellowship Award in Economics at the University of Pennsylvania.
Sandroni is on the editorial boards of Economic Theory and the International Journal of Game Theory. He is also a fellow of the Economic Theory Society.
Sandroni’s research is in the areas of behavioral sciences, strategic forecasting, economic theory, game theory, philosophy, political science, and law. He has published numerous journal articles in economics, political science, philosophy, law, statistics and game theory journals, including the American Political Science Review, American Economic Review, Econometrica, Annals of Statistics, Review of Economic Studies, The Journal of Legal Studies, Mathematics of Operations Research, Theoretical Economics, International Journal of Game Theory, Philosophy of Science, Quarterly Journal of Political Science, Criminal Law and Philosophy, Journal of the European Economic Association, American Economic Journal: Microeconomics, Economic Theory, Mathematics of Operational Research, Mathematics of Social Science, Journal of Economic Behavior and Organization, Synthese, Games and Economic Behavior, and Journal of Economic Theory.
Sandroni is the author (along with Peter Klibanoff, Boaz Moselle and Brett Saraniti) of Managerial Statistics: A Case-Based Approach (2005, Cengage Learning). He has also published his work in the Proceedings of the National Academy of Sciences.
- Behavioral Science; Strategic Forecasting; Political Science; Economic Theory; Game Theory; Law and Philosophy.
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PhD, 1996, Economics, University of Pennsylvania
PhD, 1994, Mathematics, Instituto de Matematica Pura e Aplicada, Brazil
BSc, 1986, Mathematics, Pontificia Universidade Catolica, Brazil -
E.D. Howard Chair of Political Economy, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2009-present
Professor, Economics, University of Pennsylvania, 2005-2009
Mechthild Esser Nemmers Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2003-2007
Mechthild Esser Nemmers Associate Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2001-2002
Associate Professor, Economics, University of Rochester, 2000-2001
Associate Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 1999-2001
Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 1996-1998 -
2022 Economic Theory Best Paper “The Judging Game,’’ 44th Meeting of the Brazilian Econometric Society, Fortaleza, Brazil (with Leo Katz)
Winner of the Case Center Awards for Kirat Housing, Case Center Society
2018 Winner of the Case Centre Awards for Kirat Housing (with Farhad Fatakia), Case Center Society
Research Award, Euromed Management, one year
Stanley Reiter Best Paper Award, Kellogg School of Management, 2003 -
Associate Editor, Economic Theory
Associate Editor, International Journal of Game Theory
Static Optimization in Economics (MECS-560-1)
This course provides essential tools for those planning to create or apply economic theory. The course can be divided very broadly into feasibility, optimization, and fixed-point theory. More specific topics include linear programming, Karush-Kuhn-Tucker conditions, Brouwer and Kakutani fixed-point theorems, and supermodularity, with illustrations of uses in finance, game theory, general equilibrium, and matching.
Economic Theory III: Doing Research in Economic Theory and Related Areas (MECS-550-3)
This course assists students in transitioning to the role of researchers via exploration and development of research topics. The first half uses professor-chosen topics, focusing on cutting edge theoretical/experimental work in Contracts, Incentives, and Mechanism Design. The course then focuses on student-chosen areas. Students benefit both from instructor assistance and the process of making/receiving comments from other students.
Ethics and Leadership (PACT-460-5)
This course focuses on the ways in which leaders must recognize and respond to a variety of competing value propositions both within and outside their organizations. Whereas management typically involves the creation of incentive systems leadership motivates through the creation of norms, by example and inspiration. Leadership ultimately involves the ability to take the disparate value propositions of various stakeholders and integrate them into a coherent vision. The course is built on the three foundations: basic ethics; behavioral economics; and insights from social psychology. Class sessions typically involve a mix of lecture, in-class discussion of cases and student papers and group projects. Students will write short reflection papers that serve as the basis for class discussion. There will also be two group projects and a final exam.
Ethics and Leadership (PACT-460-0)
This course focuses on the ways in which leaders must recognize and respond to a variety of competing value propositions both within and outside their organizations. Whereas management typically involves the creation of incentive systems leadership motivates through the creation of norms, by example and inspiration. Leadership ultimately involves the ability to take the disparate value propositions of various stakeholders and integrate them into a coherent vision. The course is built on the three foundations: basic ethics; behavioral economics; and insights from social psychology. Class sessions typically involve a mix of lecture, in-class discussion of cases and student papers and group projects. Students will write short reflection papers that serve as the basis for class discussion. There will also be two group projects and a final exam.
Business Analytics II (DECS-431-0)
This sequel to DECS-430 extends the statistical techniques learned in that course to allow for the exploration of relationships between variables, primarily through multivariate regression. In addition to learning basic regression skills, including modeling and estimation, students will deepen their understanding of hypothesis testing and how to make inferences and predictions from data. Students will also learn new principles such as identification and robustness. The course has an intense focus on managerial relevant applications, cases and interpretations.
Business Analytics I (DECS-430-5)
This course was formerly known as DECS 430-A/DECS 430-B
Analytics is the discovery and communication of meaningful patterns in data. This course will provide students with an analytics toolkit, reinforcing basic probability and statistics while throughout emphasizing the value and pitfalls of reasoning with data. Applications will focus on connections among analytical tools, data, and business decision-making.
