Francesco Decarolis



Associate Professor, Einaudi Institute for Economics and Finance


University of Chicago, Ph.D., 2009 University of Chicago, M.A., 2005 Bocconi University, BA, 2002


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Research Interests

Industrial Organization, Market Design, Health Economics

Selected Publications

“Comparing Procurement Auctions,” International Economic Review, forthcoming.

“Insurers’ Response to Selection Risk: Evidence from Medicare Enrollment Reforms”, (with A. Guglielmo), Journal of Health Economics, forthcoming.

“Detecting Bidders Groups in Collusive Auctions,” (with T. Conley) American Economic Journal: Microeconomics, 2016, 8 (2): 1-38.

“Entry and Subcontracting in Public Procurement Auctions,” (with N. Branzoli) Management Science, December 2015, 61 (12): 2945–2962.

“Medicare Part D: Are Insurers Gaming the Low Income Subsidy Design?,” American Economic Review, April 2015, 105(4): 1547-80.

“Awarding Price, Contract Performance and Bids Screening: Evidence from Procurement Auctions,” American Economic Journal: Applied Economics, January 2014, 6 (1): 108-132.

Working Papers

“The Welfare Effects of Supply Side Regulations in Medicare Part D” (with M. Polyakova and S. Ryan), R&R at the Journal of Political Economy

“Common Agency and Coordinated Bids in Sponsored Search Auctions,” (with M. Goldmanis and A.Penta)

Honors, Awards and Fellowships

ERC Starting Grant 2016-2020
National Science Foundation 2013-2015


Phone:+39.06.4792.98012 Fax: +39.06.4792.4872 E-mail: francesco.decarolis [at]