Prat, Andrea


Professor Andrea Prat  

Department

Position held

Department of Economics

Professor in Economics

Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)

Non LSE positions held

Department

Position held

British Academy

Fellow

Experience keywords:

political economy; organisational economics

Languages:

Italian [Spoken: Fluent, Written: Fluent]

Media experience:

RadioTV

Contact Points

LSE phone number:

+44 (0)20 7955 6992

Publications

The following references are sourced from LSE Research Online|. References that are linked lead to the full text.

2011

Dasgupta, Amil and Prat, Andrea and Verardo, Michela (2011) The price impact of institutional herding. Review of financial studies, 24 (3). pp. 892-925. ISSN 0893-9454

Bandiera, Oriana and Guiso, Luigi and Prat, Andrea and Sadun, Raffaella (2011) What do CEOs do? HBS Working Paper , 11-081. Harvard Business School, Boston, MA, USA

Dasgupta, Amil and Prat, Andrea and Verardo, Michela (2011) Institutional trade persistence and long-term equity returns. The journal of finance, 66 (2). pp. 635-653. ISSN 0022-1082

2010

Garicano, Luis and Prat, Andrea (2010) Organizational economics with cognitive costs. In:Econometric Society World Congress (17-21 Aug 2010 : Shanghai, China).

Prat, Andrea and Stromberg, David (2010) The political economy of mass media. In:Econometric Society World Congress (17-21 Aug 2010 : Shanghai, China).

Palacios-Huerta, Ignacio and Prat, Andrea (2010) Measuring the impact factor of agents within an organization using communication patterns. Discussion Paper, 8040. Centre for Economic Policy Research, London, UK

Prat, Andrea and Boeri, Tito and Merlo, Antonio, (eds.) (2010) Ruling class: management and politics in modern Italy. Oxford University Press, Oxford, UK. ISBN 9780199588282

Bandiera, Oriana and Prat, Andrea (2010) Perché nella ricerca non facciamo gli inglesi? Lavoce,

Ortalo-Magné, François and Prat, Andrea (2010) Spatial asset pricing: a first step. Discussion paper, no. 7842. Financial economics. Centre for Economic Policy Research, London, UK

Madarász, Kristóf and Prat, Andrea (2010) Screening with an approximate type space. Discussion Paper, 7900. Centre for Economic Policy Research, London, UK

Prat, Andrea and Puglisi, Riccardo and Snyder, Jr., James M. (2010) Is private campaign finance a good thing?: estimates of the potential informational benefits. Quarterly journal of political science, 5 (3). pp. 291-318. ISSN 1554-0626

2009

Bandiera, Oriana and Prat, Andrea and Valletti, Tommaso (2009) Active and passive waste in government spending: evidence from a policy experiment. American economic review, 99 (4). pp. 1278-1308. ISSN 0002-8282

Prat, Andrea (2009) A political economy view of financial regulation. Centre for Economic Policy Research

Calvó-Armengol, Antoni and De Martí, Joan and Prat, Andrea (2009) Endogenous communication in complex organizations. Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD), London School of Economics and Political Science, London, UK

Bandiera, Oriana and Guiso, Luigi and Prat, Andrea and Sadun, Raffaella (2009) Matching firms, managers, and incentives. Discussion Paper, 7207. Centre for Economic Policy Research, London, UK

2008

Dasgupta, Amil and Prat, Andrea (2008) Information aggregation in financial markets with career concerns. Journal of economic theory, 143 (1). pp. 83-113. ISSN 1095-7235

Bandiera, Oriana and Guiso, Luigi and Prat, Andrea and Sadun, Raffaella (2008) Italian managers: fidelity or performance. In:The Ruling Class, X European Conference. (16th May 2008).

Bandiera, Oriana and Prat, Andrea and Valletti, Tommaso (2008) Active and passive waste in government spending: evidence from a policy experiment. Centre for Economic Policy Research, London, UK

Bhattacharya, Sudipto and Dasgupta, Amil and Prat, Andrea (2008) Incentives in funds management: a literature overview. In: Thakor, Anjan V. and Boot, Arnoud, (eds.) Handbook of financial intermediation and banking . Elsevier, Amsterdam, The Netherlands, pp. 285-304. ISBN 9780444515582

2007

Prat, Andrea and Bandiera, Oriana and Valletti, T. (2007) Active and passive waste in government spending: evidence from a policy experiment. In:PIER Conference on Political Economy (14-15 Sept 2007 : Philadelphia, USA).

Dasgupta, Amil and Prat, Andrea and Verardo, Michela (2007) Institutional trade persistence and long-term equity returns. Centre for Economic Policy Research, London, UK

Prat, Andrea and Bandiera, Oriana and Valletti, T. (2007) Active and passive waste in government spending: evidence from a policy experiment. In:Barcelona JOCS: seminar on game theory and its applications (28 May 2007 : Barcelona, Spain).

Crémer, Jacques and Garicano, Luis and Prat, Andrea (2007) Language and the theory of the firm. Quarterly journal of economics, 122 (1). pp. 373-407. ISSN 0033-5533

Ortalo-Magné, François and Prat, Andrea (2007) The political economy of housing supply: homeowners, workers, and voters. The Suntory Toyota International Centers for Economics and Related Disciplines, London School of Economics and Political Science, London, UK

2006

Prat, Andrea (2006) The more closely we are watched, the better we behave? In: Hood, Christopher and Heald, David, (eds.) Transparency: the key to better governance?. Oxford University Press, Oxford, UK, pp. 91-103. ISBN 9780197263839

Prat, Andrea (2006) Rational voters and political advertising. In: Weingast, Barry R. and Wittman, Donald, (eds.) The Oxford handbook of political economy. Oxford University Press, Oxford, UK. ISBN 9780199272228

Besley, Tim and Prat, Andrea (2006) Handcuffs for the grabbing hand?: media capture and government accountability. American economic review, 96 (3). pp. 720-736. ISSN 0002-8282

Dasgupta, Amil and Prat, Andrea (2006) Financial equilibrium with career concerns. Theoretical economics, 1 (1). pp. 67-93. ISSN 1555-7561

2005

Dasgupta, Amil and Prat, Andrea (2005) Asset price dynamics when traders care about reputation. Centre for Economic Policy Research, London, UK

Prat, Andrea and Dasgupta, Amil (2005) Reputation and asset prices: a theory of information cascades and systematic mispricing. In:Workshop on Informational Herding Behavior (16-18 Sep 2005 : Hillerød, Denmark).

Prat, Andrea (2005) Miti e realtà della scuola italiana. Lavoce, pp. 1-3.

Prat, Andrea (2005) The wrong kind of transparency. American economic review, 95 (3). pp. 862-877. ISSN 0002-8282

Prat, Andrea (2005) Una lezione dal Peru. La Voce,

Prat, Andrea and Stromberg, David (2005) Commercial television and voter information. CEPR Discussion Paper, 4989. Centre for Economic Policy Research, London, UK

Besley, Timothy and Prat, Andrea (2005) Credible pensions. Fiscal studies, 26 (1). pp. 119-135. ISSN 1475-5890

Dasgupta, Amil and Prat, Andrea (2005) Reputation and price dynamics in financial markets. Society for Economic Dynamics, Connecticut, USA

2004

Besley, Timothy and Prat, Andrea (2004) Credible pensions. Discussion paper: UBS Pensions Series 030, 525. Financial Markets Group, London School of Economics and Political Science, London, UK

Prat, Andrea and Cremer, Jacques and Garicano, Luis (2004) Codes in organizations. In:Stanford Institute for Theoretical Economics 2004 Summer Workshop (28 Jun - 22 Aug 2004 : California, USA).

Dasgupta, Amil and Prat, Andrea (2004) Career concerns in financial markets. In:European Summer Symposium in Economic Theory (5-16 Jul 2004 : Gersensee, Switzerland).

Prat, Andrea (2004) The wrong kind of transparency. Discussion paper: UBS Pensions Series 025, 498. Financial Markets Group, London School of Economics and Political Science, London, UK

Prat, Andrea (2004) Torino-Lione: 13 miliardi spesi bene? La Voce,

Dasgupta, Amil and Prat, Andrea (2004) Career concerns in financial markets. Discussion paper, 494. Financial Markets Group, London School of Economics and Political Science, London, UK

Prat, Andrea and Stromberg, David (2004) State television and political information. In:Conference on the Media and Economic Performance (5-6 Mar 2004 : California, USA).

Cremer, Jacques and Garicano, Luis and Prat, Andrea (2004) Codes in organizations. Centre for Economic Policy Research, London, UK

2003

Bertocchi, Graziella and Prat, Andrea (2003) La cittadinanza dei bambini. La Voce,

Prat, Andrea and Stromberg, David (2003) The political economy of state television. In:PIER Conference on Political Economics (13-14 Sep 2003 : Pennsylvania, USA).

Dasgupta, Amil and Prat, Andrea (2003) Trading volume with career concerns. Centre for Economic Policy Research, London, UK

Prat, Andrea and Rustichini, Aldo (2003) Games played through agents. Econometrica, 71 (4). pp. 989-1026. ISSN 1468-0262

Besley, Timothy and Prat, Andrea (2003) Pension fund governance and the choice between defined benefit and defined contribution plans. Discussion paper: UBS Pensions Series 012, 454. Financial Markets Group, London School of Economics and Political Science, London, UK

Prat, Andrea (2003) The wrong kind of transparency. Centre for Economic Policy Research, London, UK

Palomino, Frédéric and Prat, Andrea (2003) Risk taking and optimal contracts for money managers. Rand journal of economics, 34 (1). pp. 113-137. ISSN 0741-6261

2002

Prat, Andrea (2002) The wrong kind of transparency. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK

Prat, Andrea (2002) Should a team be homogeneous? European economic review, 46 (7). ISSN 0014-2921

Prat, Andrea (2002) Campaign spending with office-seeking politicians, rational voters, and multiple lobbies. Journal of economic theory, 103 (1). pp. 162-189. ISSN 1095-7235

Prat, Andrea (2002) Campaign advertising and voter welfare. Review of economic studies, 69 (1). pp. 999-1017. ISSN 0034-6527

Besley, Timothy and Burgess, Robin and Prat, Andrea (2002) Mass media and political accountability. In: Islam, Roumeen and Djankov, Simeon and McLiesh, Caralee, (eds.) The right to tell: the role of mass media in economic development. The World Bank, Washington, D.C, USA, pp. 45-60. ISBN 0821352032

2001

Kirchsteiger, Georg and Prat, Andrea (2001) Inefficient equilibria in lobbying. Journal of public economics, 82 (3). pp. 349-375. ISSN 0047-2727

Ottaviani, Marco and Prat, Andrea (2001) The value of public information in monopoly. Econometrica, 69 (6). pp. 1673-1683. ISSN 1468-0262

Besley, Timothy and Prat, Andrea (2001) Handcuffs for the grabbing hand: the role of the media in political accountability. In:CEPR/SNS Public Policy Symposium (7-8 Sep 2001 : Stockholm, Sweden).

Goriaev, Alexei P. and Palomino, Frédéric and Prat, Andrea (2001) Mutual fund tournament: risk taking incentives induced by ranking objectives. Centre for Economic Policy Research, London, UK

Prat, Andrea and Valletti, Thomas M. (2001) Spectrum auctions versus beauty contests: costs and benefits. Rivista di politica economica, 96 (4/5). ISSN 0035-6468

2000

Valletti, Tommaso and Prat, Andrea (2000) Lo "spettro" delle frequenze radio. Mercato concorrenza regole, (3). pp. 565-582. ISSN 1590-5128

Goriaev, A. and Palomino, Frédéric and Prat, Andrea (2000) Mutual fund tournament: risk taking incentives induced by ranking objectives. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

Prat, Andrea (2000) Efficiency properties of a constant-ratio mechanism for the distribution of tradable emission permits. In: Chichilnisky, Graciela and Heal, Geoffrey, (eds.) Environmental markets: equity and efficiency. Columbia University Press, New York, USA, pp. 110-125. ISBN 9780231115889

Prat, Andrea (2000) An economic analysis of campaign finance. World economics, 1 (2). pp. 13-27. ISSN 1468-1838

1999

Prat, Andrea (1999) Campaign advertising and voter welfare. Centre for Economic Policy Research, London, UK

Kirchsteiger, G. and Prat, Andrea (1999) Common agency and computational complexity: theory and experimental evidence. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

Palomino, Frédéric and Prat, Andrea (1999) Risk taking and optimal contracts for money managers. Centre for Economic Policy Research, London, UK

Prat, Andrea and Rustichini, A. (1999) Games played through agents. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

1998

Prat, Andrea (1998) Campaign spending with office-seeking politicians, rational voters, and multiple lobbies. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

Prat, Andrea and Rustichini, A. (1998) Sequential common agency. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

Prat, Andrea (1998) How homogeneous should a team be? Center for Economic Research, Tilburg University, Tilburg, The Netherlands

Palomino, Frédéric and Prat, Andrea (1998) Risk taking and optimal contracts for money managers. CentER, Tilburg University, Tilburg, The Netherlands

Palomino, Frédéric and Prat, Andrea (1998) Dynamic incentives in the money management tournament. CentER, Tilburg University, Tilburg, The Netherlands

1997

Prat, Andrea (1997) Hierarchies of processors with endogenous capacity. Journal of economic theory, 77 (1). pp. 214-222. ISSN 1095-7235

Prat, Andrea (1997) Campaign advertising and voter welfare. Center for Economic Research, Tilburg University, Tilburg, The Netherlands

1996

Prat, Andrea (1996) Shared knowledge vs diversified knowledge in teams. Journal of the Japanese and international economies, 10 (2). pp. 181-195. ISSN 0889-1583

LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.

Expert Image

Personal website

 

Browse the Experts Directory:

LSE Research Online|

Collection of LSE research outputs

LSE Consulting|

Service providing unique access
to LSE's expertise

Create or update your
online profile
|

[access restricted to staff]

Research highlights|

Short articles about LSE research