Dr. Anmol Ratan

Associate Professor

Ph.D. (2010), Agricultural Economics, University of Maryland. Dissertation: Essays in Behavioral Economics: Applying Prospect Theory to Auctions

M.S. (2007), Agricultural Economics, University of Maryland

M.A. (2001), Economics, Delhi School of Economics, University of Delhi (India)

B.A. (1998), Honors in Economics, University of Delhi (India)

Citations in Top Economics Journals: Dr. Ratan's research has been cited in top-tier economics journals, including The Quarterly Journal of Economics, Journal of Economic Literature, Journal of Political Economy, American Economic Review, and Journal of Economic Theory.

Publications:

Peer-Reviewed Journal Publications:

• Kim, D. H., & Ratan, A. (2022). Disentangling risk aversion and loss aversion in first-price auctions: An empirical approach. European Economic Review, 150, 104284.
• Wen, Yuanji, Stijn Masschelein, and Anmol Ratan (2022). "Loss aversion in asymmetric anti?coordination games." Southern Economic Journal 88, no. 4: 1549-1573.
• Brewer, P., & Ratan, A. (2019). Profitability, efficiency, and inequality in double auction markets with snipers. Journal of Economic Behavior & Organization, 164, 486-499.
• Brewer, P., & Ratan, A. (2019). Data and Replication Supplement for Double Auction Markets with Snipers. Data in Brief, Manuscript ID: DIB-D-19-01553R1 https://doi.org/10.1016/j.dib.2019.104729
• Ratan, A., & Wen, Y. (2016). “Does regret matter in first-price auctions?” Economics Letters, 143, 114-117.
• Ratan, A. (2015). Does displaying probabilities affect bidding in first-price auctions? Economics Letters, 126, 119-121.
• Ratan, A. (2013). “Anticipated regret or endowment effect? A reconsideration of exchange asymmetry in laboratory experiments,” The BE Journal of Economic Analysis & Policy, 14(1), 277-298.
• Lange, Andreas and Anmol Ratan (2010). “Multidimensional Reference-Dependent Preferences in Sealed Bid Auctions: How (Most) Lab Experiments Differ from the Field,” Games and Economic Behavior, Vol. 68(2), 634-645.

Recognition by Leading Economists:

His work has been acknowledged (cited) by prominent economists like Charles Plott (Caltech), Charles Sprenger (Caltech), Peter Cramton (University of Maryland), Andreas Fuster (Swiss Finance Institute), Botond Koszegi (Central European University), Tim Cason (Purdue University), Robert Sugden (University of East Anglia), Ted O'Donoghue (Cornell University), Keith M. Marzilli Ericson (Boston University), Graham Loomes (Warwick Business School) and others

Awards and Recognition:

• Best Paper by an Honors Student (2021): Supervised Anthony Luxford's thesis, which received the award for best paper by an honors student at Monash University.
• Goldhaber Travel Grant (2008): Awarded by the Graduate School, University of Maryland, for outstanding graduate students to attend conferences in the US mainland.
• Multiple Research Grants: Received funding for research experiments from the Department of Economics, Monash University (2010-2022).
• Seed Funding Grant (2016): Received with Paul Brewer from Monash Business School for developing software for the analysis of Double Auction markets.