Tony M. Kwasnica
Emeritus Professor of Risk Management
Office Address 355 Business Building
Email Address
amk17@psu.edu
Tony M. Kwasnica
Emeritus Professor of Risk Management
Office Address 355 Business Building
Email Address
amk17@psu.edu
Anthony M. Kwasnica is Professor of Business Economics at Penn State University. He studies the role of private information in economic systems. He conducts both theoretical and experimental (laboratory) research on how individuals and institutions respond to these situations. Dr. Kwasnica is actively involved in research on the design and implementation of complex auctions. He has conducted experiments that have been used by the Federal Communications Commission (FCC) to consider new designs for the broadband spectrum auctions. Likewise, Dr. Kwasnica has investigated the susceptibility of various auction designs to collusion. In the past, Dr. Kwasnica has been contracted by the FCC to conduct an experimental examination of horizontal concentration limits in the cable television industry. He has also worked with the Defense Advanced Research Projects Agency (DARPA) on the design of markets to predict global instability. In addition to teaching undergraduate courses in mathematical modeling and decision analysis, Dr. Kwasnica has taught microeconomics, macroeconomics and decision-making under uncertainty to executives and MBAs at both The Smeal College of Business and The Kellogg School of Management. Dr. Kwasnica received his PhD in Social Science from the California Institute of Technology. Dr. Kwasnica is also Director of the Laboratory for Economics Management and Auctions (LEMA), which is Penn State’s only dedicated experimental economics laboratory.
Expertise
Dr. Kwasnica is currently conducting research on the coordination in games, the design of auctions for conservation projects, and the ability to real human decision maker to correctly account for information source uncertainty.
Education
Ph D, Social Science, California Institute of Technology, 2000
MS, Social Science, California Institute of Technology, 1997
BA, Economics, The University of Arizona, 1994