Nicholas Shunda

Assoc Professor, Economics

Degrees: Ph.D., Economics, University of Connecticut, 2008; M.A., Economics, University of Connecticut, 2004; B.A., Economics, Villanova University, 2002.

Office: Economics, Duke Hall #203

Phone: 909/748-8569



Areas of Expertise

  • Applied Microeconomic Theory
  • Game Theory
  • Industrial Organization
  • Auctions
  • Contests

Background Highlights

Nicholas Shunda joined University of Redlands in fall 2008. He studied economics at Villanova University from which he graduated summa cum laude and as a member of Phi Beta Kappa. He obtained his PhD in economics from University of Connecticut and was named Outstanding Teaching Assistant for 2007-2008. He teaches courses in Microeconomics, Industrial Organization, and Game Theory. His research applies microeconomic theory, game theory, and psychological principles to understanding behavior in auctions and contests.

Courses Offered at Redlands

  • Principles of Microeconomics
  • Intermediate Microeconomics
  • Industrial Organization and Public Policy
  • Introduction to Econometrics
  • The Games People Play: An In-Depth Study of Strategic Interaction

Degrees Held

  • B.A., Economics, Villanova University, 2002
  • M.A., Economics, University of Connecticut, 2004
  • Ph.D., Economics, University of Connecticut, 2008

Previous Teaching Experience

  • Instructor, University of Connecticut, 2005-2008
  • Teaching Assistant, University of Connecticut, 2002-2006
  • Teaching Assistant for Existential Philosophy, Johns Hopkins University’s CTY Summer Program, Dickinson College, 2001-2004

Professional Experience

Research Assistant on NSF-EPNES Grant ECS-0323685, “Robustness, Efficiency, and Security of Electric Power Grids in a Market Environment,” University of Connecticut, 2003-2006

Awards, Honors and Grants

  • W. Harrison Carter Scholarship in Economics, University of Connecticut, 2007
  • Outstanding Teaching Assistant Award, University of Connecticut, 2007
  • Abraham Ribicoff Graduate Fellowship, University of Connecticut, 2007
  • Graduate Fellow of the American Academy of Political and Social Science, 2006
  • Albert E. Waugh Scholarship in Economics, University of Connecticut, 2003
  • Medallion of Academic Excellence in Economics, Villanova University, 2002
  • Phi Beta Kappa, Villanova University, 2002


Shunda, N. (2009). "Auctions with a Buy Price: The Case of Reference-Dependent Preferences." Games and Economic Behavior, 67(2), 645-664

Professional Affiliations

  • American Economic Association
  • Econometric Society
  • Game Theory Society
  • Royal Economic Society

Nicholas Shunda is the Co-Advisor for the University of Redlands Economics Society, and for the University of Redlands Omicron Delta Epsilon, Economics Honors Society.

How large is the main campus?
160 acres

The campus of the University of Redlands covers 160 acres.