Nicholas Shunda

Associate Professor, Economics


Duke Hall
P: 909.748.8569

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

Areas of Expertise

  • 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 from University of Connecticut and was named Outstanding Teaching Assistant for 2007-2008. He teaches courses in Microeconomics, Industrial Organization, Econometrics, Mathematical Economics, and Game Theory. He received an Outstanding Teahing Award in 2014.  His research applies microeconomic theory, game theory, and psychological and evolutionary principles to understand behavior in auctions and contests.

Courses Offered at Redlands

  • Principles of Economics

  • Microeconomic Theory

  • Industrial Organization and Public Policy

  • Introduction to Econometrics

  • Mathematical Economics
  • Game Theory

Degrees Held

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

  • B.A., Economics, Villanova University, 2002

Previous Teaching Experience

  • Assistant Professor of Economics, University of Redlands, 2008-2014

  • Instructor, University of Connecticut, 2005-2008

  • Teaching Assistant, University of Connecticut, 2002-2006

  • Teaching Assistant,  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

  • Outstanding Teaching Award, University of Redlands 2014
  • W. Harrison Carter Scholarship in Economics, University of Connecticut, 2007

  • Outstanding Teaching Assistant, University of Connecticut, 2007

  • Abraham Ribicoff Graduate Fellowship, University of Connecticut, 2007

  • Graduate Fellow, American Academy of Political and Social Science, 2007

  • Albert E. Waugh Scholarship in Economics, University of Connecticut, 2003

  • Medallion of Academic Excellence in Economics, Villanova University, 2002

  • Member, Phi Beta Kappa, Villanova University, 2002

  • Member, Omicron Delta Epsilon, Villanova University, 2000


Boudreau, J.W., and Shunda, N. (2016). "Sequential Auctions with Budget Constraints: Evidence from Fantasy Basketball Auction Drafts."  Journal of Behavioral and Experimental Economics, forthcoming.

Arozamena, L., Shunda, N., and Weinschelbaum, F. (2014).  "Optimal Nondiscriminatory Auctions with Favoritism."  Economics Bulletin, 34(1), 252-262.

Boudreau, J.W., and Shunda, N. (2012). "On the Evolution of Prize Perceptions in Contests."  Economics Letters, 116(3), 498-501.

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

  • Western Economics Association International