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.

Cogeneration Plant
Cogeneration Plant

The state-of-the-art power facility enables the University to produce a majority of its own energy and has reduced the campus’s carbon footprint by 33 percent.

Read More »