Associate Professor
PhD (Pennsylvania State University, USA)
https://sites.google.com/site/rakeshchaturvedieconomics/
Research Interests: Game Theory, Mechanism Design, Microeconomic Theory, Industrial Organisation
Rakesh Chaturvedi received his PhD in Economics from Pennsylvania State University, USA, and an MA degree in Economics from the Delhi School of Economics, Delhi University. His research interests include Game Theory, Industrial Organisation, and Market Design. His published work uses formal game-theoretic models to better understand the problems of value division, price formation, and good resource allocation mechanisms in various contexts.
In a series of papers, Professor Chaturvedi has worked on understanding and mitigating the holdout problem, arising when trade involves perfect complements. In bargaining theory, he has worked on strategic models underpinning the core-constrained Nash bargaining solution in the context of coalitional bargaining and the Raiffa solution in the context of bilateral bargaining. In industrial organisation, he has worked on models of the Internet and the problem of competitive externality in retail. He has also collaborated with communication researchers who find a game theoretic framework useful in studying decentralised network transmission, enabling efficient spectrum use.
Microeconomic Theory, Game Theory, Contract Theory, Market Design, Convex Optimisation, Markov Decision Processes