Professor of DOTM and Strategy, UCLA Anderson School of Management

Howard Noble Chair in Management

CV

Book

The Analytics of Uncertainty and Information, by Sushil Bikhchandani, Jack Hirshleifer, and John G. Riley, 2nd edition, Cambridge University Press (2013)

Journal Articles

S. Bikhchandani and D. Mishra, “Rank-preserving Multidimensional Mechanisms: An Equivalence between Identical-object and Heterogeneous-object Models,” Journal of Economic Theory, 222, 105923, 2024.

S. Bikhchandani, D. Hirshleifer, O. Tamuz and I. Welch, “Information Cascades and Social Learning,” Journal of Economic Literature, 62, 1040-1093, 2024.

S. Bikhchandani and D. Mishra, “Selling Two Identical Objects,” Journal of Economic Theory, 200, 105397, 2022.

S. Bikhchandani and U. Segal, “Intransitivity in the Small and in the Large,” Journal of Risk and Uncertainty, 63, 257-273, 2022.

S. Bikhchandani, “Intermediated Surge Pricing,” Journal of Economics and Management Strategy, 29, 31-50, 2020.

S. Bikhchandani, “Stability with One-sided Incomplete Information,” Journal of Economic Theory, 168, 372-399, 2017.

S. Bikhchandani and I. Obara, “Mechanism Design with Acquisition of Correlated Information,” Economic Theory, 63, 783-812, 2017. 

S. Bikhchandani and U. Segal, “Transitive Regret over Statistically Independent Lotteries,” Journal of Economic Theory, 152, 237-248, 2014. 

S. Bikhchandani and J. Mamer, “Decreasing Marginal Value of Information Under Symmetric Loss,” Decision Analysis, 10, 245-256, 2013. 

S. Bikhchandani and K. McCardle, “Behavior-based Price Discrimination by a Patient Seller,’’ B.E. Journals of Theoretical Economics, 12 (1), (Contributions), article 21, 2012.

S. Bikhchandani, S. de Vries, J. Schummer, and R. Vohra, “An Ascending Vickrey Auction for Selling Bases of a Matroid,” Operations Research, 59, 400-413, 2011.

S. Bikhchandani and U. Segal, “Transitive Regret,” Theoretical Economics, 6, pp. 95-108, 2011.

S. Bikhchandani, “Information Acquisition and Full Surplus Extraction,” Journal of Economic Theory, 145, 2282-2308, 2010.

S. Bikhchandani, “Ex Post Implementation in Environments with Private Goods,” Theoretical Economics, 1, pp. 369-393, 2006.

S. Bikhchandani, S. Chatterji, R. Lavi, A. Mu’alem, N. Nisan, and A. Sen, “Weak Monotonicity Characterizes Deterministic Dominant-Strategy Implementation,” Econometrica, 74, pp. 1109-1132, 2006.

S. Bikhchandani and J. Ostroy, “Ascending Price Vickrey Auctions,” Games and Economic Behavior, 55, pp. 215-241, 2006. [link]

S. Bikhchandani, S. Lippman, and R. Ryan, “On the Right of First Refusal,” Advances in Theoretical Economics, Vol. 5: No. 1, Article 4, 2005.

S. Bikhchandani and J. Ostroy, “The Package Assignment Model,” Journal of Economic Theory, 107, pp. 377-406, 2002.

S. Bikhchandani, P. Haile, and J. Riley, “Symmetric Separating Equilibria in English Auctions,” Games and Economic Behavior, 38, pp. 19-27, 2002.

S. Bikhchandani and S. Sharma, “Herd Behavior in Financial Markets: A Review,” IMF Staff Papers, 47, pp. 279-310, 2001. 

S. Bikhchandani, “Auctions of Heterogeneous Objects,” Games and Economic Behavior, 26, pp. 193-220, 1999.

S. Bikhchandani, D. Hirshleifer, and I. Welch, “Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades,” Journal of Economic Perspectives, 12(3), pp. 151-170, 1998.

S. Bikhchandani and J. Mamer, “Competitive Equilibrium in an Exchange Economy with Indivisibilities,” Journal of Economic Theory, 74, pp. 385-413, 1997.

S. Bikhchandani and S. Sharma, “Optimal Search with Learning,” Journal of Economic Dynamics and Control, 20, pp. 333-359, 1996.

S. Bikhchandani and C. Huang, “The Economics of Treasury Securities Markets,” Journal of Economic Perspectives, 7(3), pp. 117-134, 1993. 

S. Bikhchandani and J. Mamer, “A Duopoly Model of Pricing for Inventory Liquidation,” European Journal of Operational Research, 69, pp. 177-186, 1993.

S. Bikhchandani, D. Hirshleifer, and I. Welch, “A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades,” Journal of Political Economy, 100, pp. 992-1026, 1992.

S. Bikhchandani, U. Segal, and S. Sharma, “Stochastic Dominance under Bayesian Learning,” Journal of Economic Theory, 56, pp. 352-377, 1992. 

S. Bikhchandani, “A Bargaining Model with Incomplete Information,” Review of Economic Studies, 59, pp. 187-203, 1992.

S. Bikhchandani and J. Riley, “Equilibria in Open Common Value Auctions,” Journal of Economic Theory, 53, pp. 101-130, 1991.

S. Bikhchandani and C. Huang, “Auctions with Resale Markets: An Exploratory Model of Treasury Bill Markets,” Review of Financial Studies, 2, pp. 311-339, 1989.

S. Bikhchandani, “Reputation in Repeated Second-Price Auctions,” Journal of Economic Theory, 46, pp. 97-119, 1988.

Other Publications

S. Bikhchandani, D. Hirshleifer, and I. Welch, “Information Cascades,” in The New Palgrave Dictionary of Economics, S.N. Durlauf and L.E. Blume (eds.), 2nd edition, vol. 4, pp. 329-335, New York, NY: Palgrave MacMillan, 2008.

S. Bikhchandani, S. de Vries, J. Schummer, and R.V. Vohra, “Ascending Auctions for Integral Polymatroids with Concave Nonseparable Values.” In SODA ’08: Proceedings of the Nineteenth Annual ACM-SIAM Symposium on Discrete Algorithms, pp. 864-873.  Society of Industrial and Applied Mathematics, Philadelphia, PA, USA, 2008.

S. Bikhchandani and Ostroy, J., “Duality in Combinatorial Auctions,” Sigecom Exchanges, December 2007.

S. Bikhchandani and J. Ostroy, “From the Assignment Model to Combinatorial Auctions,” pp. 189-214, in Combinatorial Auctions, P. Cramton, Y. Shoham, and R. Steinberg, (eds.), MIT Press, 2006 

S. Bikhchandani, review of “Auction Theory” by Vijay Krishna in Journal of Economic Literature, September 2003.

S. Bikhchandani, S. de Vries, J. Schummer, and R. Vohra, “Linear Programming and Vickrey Auctions,” pp. 75-115 in Mathematics of the Internet: E-Auction and Markets, B. Dietrich. and R. Vohra (eds.).  The Institute of Mathematics and its Applications, New York: Springer Verlag, 2002.