PRAVEEN KUJAL. Assistant Professor, Universidad Carlos III de Madrid, SPAIN,

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1 PRAVEEN KUJAL ADDRESS: TELEPHONE: Universidad Carlos III de Madrid Office: Calle Madrid, Getafe Messages: Madrid, SPAIN. Fax: Residency: Spain Citizenship: India EDUCATION: Ph.D., Economics, University of Arizona, U.S.A., M.A., University of Arizona, U.S.A., M.A., University of Delhi, India, B.A. (Honors), Sri Ram College of Commerce, University of Delhi, India, WORK EXPERIENCE: Associate Professor, Universidad Carlos III de Madrid, Assistant Professor, Universidad Carlos III de Madrid, SPAIN, Research Affiliate, Economic Science Institute, Chapman University, Vice-Chairman (Budget), Department of Economics, January , Associate Editor, The Emerging Markets Review (Elsevier), Visiting Fellow, Interdisciplinary Centre for Economic Science, George Mason University, July Visiting Associate Professor, George Mason University, July Visiting Research Professor, Interdisciplinary Center for Economic Sciences, George Mason University, September 2006-August Visiting Associate Professor, Universidad Nova de Lisboa, Oct-Nov Visiting Research Scholar, Economic Science Laboratory, Univ. of Arizona, July-August 1995, August Associate Faculty, Pima College, U.S.A, Research Associate, , , Economic Science Laboratory, University of Arizona, U.S.A. Teaching Assistant ( ), Teaching Associate ( ), University of Arizona, U.S.A. STUDENTS: Ph.D. M.A. (Economics) José Antonio García (2001). Cintia Goodio (2010) Roberto Hérnan (2002). José María López (2004). OTHER DUTIES: Academic Board and Academic Coordinator, Master in Pharmaceutical Economics. Thesis coordinator: Master in Industrial Economics, Teaching Coordinator: Undergraduate Industrial Organization, Teaching Coordinator: Undergraduate International Economics,

2 PRAVEEN KUJAL Page 2 of 5. RESEARCH INTERESTS: Experimental Economics, Market Structure and International Trade, Industrial Organization and Public Policy. RESEARCH GRANTS: - Competencia y observabilidad en mercados de futuros, de subasta tipo posted offer y de activos, Ministerio de Ciencia y Innovación (ECO ) 63,525, Investigador Principal: Praveen Kujal. - Program on Pharmaceutical Policy Issues, The Merck Foundation, , 66,493. Investigador Principal: Praveen Kujal. - Program on Pharmaceutical Policy Issues, The Merck Foundation, Investigador Principal: Praveen Kujal and Felix Lobo. - Estudios, aplicaciones y experimentos sobre el papel de la observabilidad en los mercados, Ministerio de Ciencia y Tecnología (SEJ ), , 62,000, Investigador Principal: José Luis Ferreira. - Diseño de Instituciones y Políticas: Efectos Sobre la Actividad Económica, Ministerio de Ciencia y Tecnología, , Investigador Principal: José Luis Ferreira. -Políticas de I+D y redistribución regional: efectos sobre la calidad de la producción local y el bienestar en la Comunidad de Madrid, Proyecto de Investigación de Humanidades y Ciencias Sociales Nº 06/0064/00, 2001, Investigador Principal: Diego Moreno Ruiz (Univ. Carlos III). -Políticas Óptimas de Transferencias y Promoción de I+D para la Comunidad de Madrid Comunidad de Madrid, Proyecto de Investigación de Humanidades y Ciencias Sociales Nº 06/0064/00, 2001, Investigador Principal: Juan José Dolado (Univ. Carlos III) -European Union (EU) Targeted Socio-Economic Research (TSER) grant for the project, Labour Market Effects of European Foreign Investments, , 99,847 (CEPR project). (Principal Investigator: Praveen Kujal) -Aspectos estratégicos de los contratos en la empresa, PB (Director: Luis Corchon) -EU-TSER grant for the project, Science and Technology Policies towards Research Joint Ventures, 92,600, (Principal Investigator: Praveen Kujal) -EU TSER grant for the project, From Science to Products: A Green Paper on Innovation for the Chemical Industry, (Principal Investigator, Pedro Marin) -Research Grant from DGES, PB , Research Grant, Acciones Integradas, Spain-Portugal, , Research Grant from Comision Interministerial de Ciencia y Technologia, PB , Fellowship to attend Summer School in International Economics at Universidade Nova Lisboa, Portugal, July 1994.

3 PRAVEEN KUJAL Page 3 of 5. PUBLICATIONS: (1) "Asymmetric Surplus Distribution and the Price Convergence Path in Posted Offer Markets: A Note," Vol.39, 1992, Economics Letters. (2) "Firm Specific Output Limits in a Posted Offer Market: Distributive and Efficiency Effects," 25:3, December 1994, Journal of Economic Behavior & Organization. (3) "Fairness: Effect on Temporary and Equilibrium Prices in Posted Offer Markets," (with G. Deng, R. Franciosi, R. Michelitsch, and V. Smith), July 1995, The Economic Journal). (4) "Experiments on the Endowment Effect," (with Robert Franciosi, Roland Michelitsch, and Vernon L. Smith), Vol. 30, The Journal of Economic Behavior & Organization, 1996, (5) "Incentives for Cost Reduction under Export Restraints," (with Celia Cabral and E. Petrakis), Annales d Economie et de Statistiques (special issue on the Economics of Innovation), June 1998, No. 49/50, pp (6) Quantity Restrictions and Endogenous Quality Choice, (with I. Herguera and E. Petrakis). The International Journal of Industrial Organization), Vol. 18, No. 8., pp: , December, (7) A Comparision of the Distibutive Effects of Price Controls and Firm-Specific Quantity Restrictions in Posted-Offer Markets, Information, Economics, and Policy, 11, 1999, (8) Monopoly Power and Terms of Trade, (with Roland Michelitsch) Experiments Investigating Market Power, Research in Experimental Economics, Elsevier/JAI Press, (9) Trade Policies, Quality Reversals and Exit in Vertically Differentiated Industries, (with Iñigo Herguera and Emmanuel Petrakis), Journal of International Economics, vol. 58/2, pp , November, (10) Implementing R&D Policies: An Analysis of Spain's Pharmaceutical Research Program, (with Klaus Desmet and Félix Lobo). Research Policy, 33, 2004, (11) Mixture and distribution of different water qualities: An experiment on vertical structure in a complex market" (with Georgantzis, N. A. Gª Gallego, E. Fatás, and T. Neugebauer), Cuadernos de Economía, vol. 75, nº 3, (12) Cost Effectiveness of R&D and Strategic Trade Policy, (with Juan Ruiz), The B.E. Journal of Economic Analysis & Policy: Vol. 7 : Iss. 1 (Topics), Article 21, (13) Experimental insights on alternative water management institutions, (with Georgantzis, N. A. Gª Gallego), eds: Ariel Dinar, José Albiac and Joaquin Sanchez-Soriano, Game Theory and Policy Making in Natural Resources and the Environment, Routledge, (14) Fairness and Short Run Price Adjustment in Posted Offer Markets, (with Vernon L. Smith) The Handbook of Results in Experimental Economics), pp: 55-61, eds. Charles Plott and Vernon L. Smith, Elsevier, (15) Quantitative Restrictions in Experimental Posted-Offer Markets, The Handbook of Results in Experimental Economics, pp: , eds. Charles Plott and Vernon L. Smith, Elsevier, (16) The Endowment Effect, (with Vernon L. Smith) The Handbook of Results in Experimental Economics, pp: , eds. Charles Plott and Vernon L. Smith, Elsevier, 2008.

4 PRAVEEN KUJAL Page 4 of 5. (17) International trade policy towards monopolies and oligopolies (with Juan Ruiz), 17(3), , Review of International Economics, (18) List-Pricing and Pure Strategy Equilibra in Bertrand Edgeworth Oligopolies, (with José Antonio Garcia and Roberto Hernán), International Journal of Industrial Organization, , (19) The effect of reliability, content and timing of public announcements on asset trading behaviour, (with Brice Corgnet (Universidad de Navarra) and Dave Porter (Economic Science Institute, Chapman University) Journal of Economic Behavior and Organization, Vol.16, pp , (20) Vertical Integration, Market Foreclosure and Quality Investment, (with Roberto Hernan) (conditionally accepted). Publications in books: (1) Experiments on the Endowment Effect, (with Robert Franciosi, Roland Michelitsch, and Vernon L. Smith), Bargaining and market behavior: essays in experimental economics, Vernon L. Smith, Cambridge, U.K.; New York : Cambridge University Press, (reprinted from, The Journal of Economic Behavior & Organization, 1996, ) (2) Incentives for Cost Reduction under Export Restraints, (with Celia Cabral and E. Petrakis), The Economics and Econometrics of Innovation, Kluwer Academic Press, (special issue on the Economics of Innovation) (reprinted from, Annales d Economie et de Statistiques, June 1998, No. 49/50, pp ). (3) Fairness: Effect on Temporary and Equilibrium Prices in Posted Offer Markets, (with G. Deng, R. Franciosi, R. Michelitsch, and V. Smith). Bargaining and market behavior: essays in experimental economics, Vernon L. Smith, Cambridge, U.K. ; New York : Cambridge University Press, (reprinted from: The Economic Journal, July 1995). (4) Diferencias de género en competencia y cooperación, (with Eleonora Bottino and Roberto Hernán Gonzalez) Economía Experimental y de Comportamiento, Editor: Pablo Brañas Garza, Antoni Bosch Editor, REFEREE: Journal of Political Economy, International Economic Review, Journal of International Economics, Journal of Industrial Economics, International Journal of Industrial Organization, Journal of European Economic Association, European Economic Review, Journal of Economic Dynamics and Control, Journal of Economic Behavior and Organization, B. E. Press Journals, Economic Enquiry, Oxford Economic Papers, Israel Science Foundation, ESRC, Annales d Economie et de Statistiques, Economic Modelling, International Economic Journal, Comisión Interministerial de Ciencia y Tecnología-España, Emerging Markets Review, Investigaciones Económicas, Spanish Economic Review. RESEARCH PAPERS: How do Markets Manage Water Resources? An Experiment on Resource Market (de)centralization with Endogenous Quality, (with N. Georgantzis and A. Gª Gallego) (revise and resubmit). Multiple Opening of Forward Markets: Experimental Evidence, (with José Luis Ferreira and Stephen Rassenti) (revise and resubmit).

5 PRAVEEN KUJAL Page 5 of 5. Continued: The effect of Experience in Cournot Play, (with José Luis Ferreira and Stephen Rassenti) (under revision). Reaction to Public Information in Asset Markets: Does Ambiguity Matter? (with Brice Corgnet and David Porter) (under revision). Market Access and Minimum Quality Standards, (with Roberto Hernan) Universidad Carlos III de Madrid. (under review) Policy Synchronization versus Staggering in a Dynamic Model of Strategic Trade (joint with Juan Ruiz), EconWPA Working Paper ewp-it/ (under revision) Trust and Deception: An Experiment, (with Irma Clots-Figueras and Roberto Hernán Gonzalez). (mimeo) TEACHING EXPERIENCE: Universidad Carlos III de Madrid: Microeconomics I, Microeconomics II, Microeconomics III, Industrial Organization, International Trade, Regulation Economics (M.A./Ph.D), Experimental Economics (Ph.D). University of Arizona: International Economics: Theory and Policy, Survey of Economic Theory, Production Economics (Dept. of Agricultural Economics), Soviet Economic System, Intermediate Price Theory. Microeconomic Analysis and Business Decisions, Principles of Economics, Macroeconomic Principles. George Mason University: Principles of Economics Universidad Nova Lisboa: Experimental Economics (Ph.D) Pima Community College, Tucson, Arizona: Microeconomic Principles, Macroeconomic Principles, Principles of Economics OTHER TEACHING EXPERIENCE: Tutor for the University of Arizona Athletic Department. Advised Economics (Honors) students on their undergraduate thesis at the University of Arizona. Voluntary Tutor, Adult Learning Centre to Study for GED: Adult Probation Department of the Superior Court in Pima County (Summer Summer 1992), State of Arizona. OTHER ACTIVITIES: (Co-) Organizer: - Founding member and Organizing Committee, Southern Europe Experimental Team Conference (SEET). - ETSG conference, 2003, Universidad Carlos III de Madrid. - EARIE conference, 2002, Universidad Carlos III de Madrid. - Scientific Committee, EARIE Theory-IO workshop, Universidad Carlos III de Madrid, IFREE-Tinker conference for the use of Experimental Economics in Resource Allocation in the Electric and Water Markets, June International Conference on Deregulation of the Electric Industry in Spain, March International Conference on Industrial Organization at Universidad Carlos III- July 1996.