Marco Ottaviani

Full Professor
Knowledge groupEconomics, Politics and Decision Sciences
Research domainsEconomics
Teaching domainsMicroeconomics
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Marco Ottaviani

Biography

Marco Ottaviani is Full Professor of Economics at Bocconi University, where he teaches both at SDA Bocconi and at the PhD School. He served as Dean for Research from 2016 to 2018.

His research focuses on information and incentive problems at the intersection of organizational economics, industrial organization, regulation, and finance. More recently, he has studied the design of prediction markets, the aggregation of information within organizations, incentives and regulation of financial intermediaries, privacy and consumer protection, innovation financing through subsidy mechanisms, incentives to collect and disseminate empirical evidence, publication bias, clinical trials, and regulatory approval processes.

Marco graduated from Bocconi University in 1992 and earned his PhD in Economics from the Massachusetts Institute of Technology in 1996. Before returning to Bocconi in 2011, he began his academic career at University College London, later becoming Professor of Economics at London Business School and Professor of Strategy at the Kellogg School of Management, Northwestern University.

Recent Publications

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  • 2024
    When Liability Is Not Enough: Regulating Bonus Payments in Markets with Advice
    HONDA, J., R. INDERST, M. OTTAVIANI, "When Liability Is Not Enough: Regulating Bonus Payments in Markets with Advice", Management Science, 2024, vol. 70, no. 2, pp. 1301-1314
  • 2024
    Approval regulation and learning, with application to timing of merger control
    OTTAVIANI, M., A. L. WICKELGREN, "Approval regulation and learning, with application to timing of merger control", Journal of Law, Economics, & Organization, 2024, vol. 40, no. 3, pp. 597–624
  • 2024
    Grantmaking, Grading on a Curve, and the Paradox of Relative Evaluation in Nonmarkets
    ADDA, J. F., M. OTTAVIANI, "Grantmaking, Grading on a Curve, and the Paradox of Relative Evaluation in Nonmarkets", Quarterly Journal of Economics, 2024, vol. 139, no. 2, pp. 1255–1319
  • 2023
    Looking into Crystal Balls: A Laboratory Experiment on Reputational Cheap Talk
    MELOSO, D., S. NUNNARI, M. OTTAVIANI, "Looking into Crystal Balls: A Laboratory Experiment on Reputational Cheap Talk", Management Science, 2023, vol. 69, no. 9, pp. 5112-5127
  • 2022
    Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability
    HENRY, E., M. LOSETO, M. OTTAVIANI, "Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability", Management Science, 2022, vol. 68, no. 7, pp. 5330-5347
  • 2021
    Strategic Sample Selection
    DI TILLIO, A., M. OTTAVIANI, P. N. SØRENSEN, "Strategic Sample Selection", Econometrica, 2021, vol. 89, no. 2, pp. 911-953
  • 2021
    Information markets and nonmarkets
    BERGEMANN, D., M. OTTAVIANI, "Information markets and nonmarkets" in Handbook of Industrial Organization., Kate Ho, Ali Hortaçsu, Alessandro Lizzeri (Eds.), Elsevier, chap. 8, pp. 593-672, 2021
  • 2020
    P-hacking in clinical trials and how incentives shape the distribution of results across phases
    ADDA, J. F., C. DECKER, M. OTTAVIANI, "P-hacking in clinical trials and how incentives shape the distribution of results across phases", Proceedings of the National Academy of Sciences of the Usa (Pnas), 2020, vol. 117, no. 24, pp. 13386-13392
  • 2020
    Persuasion Through Selective Disclosure: Implications for Marketing, Campaigning, and Privacy Regulation
    HOFFMANN, F., R. INDERST, M. OTTAVIANI, "Persuasion Through Selective Disclosure: Implications for Marketing, Campaigning, and Privacy Regulation", Management Science, 2020, vol. 66, no. 11, pp. 4958-4979
  • 2020
    Nobel 2020: la lezione di Milgrom e Wilson
    DECAROLIS, F., M. OTTAVIANI, "Nobel 2020: la lezione di Milgrom e Wilson", lavoce.info, 13 October 2020

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Grants & Honors

  • Excellence in Research Award, Università Commerciale Luigi Bocconi, 2024

  • Excellence in Research Award, Università Commerciale Luigi Bocconi, 2023

  • Excellence in Research Award, Università Commerciale Luigi Bocconi, 2022

  • Principal Investigator, Designing Institutions to Evaluate Ideas (EVALIDEA), 2012-2017, European Research Council, 2012

  • Robert F. Lanzillotti Prize for Best Paper in Antitrust Economics, International Industrial Organization Conference, 2009

  • Economic and Social Research Council, Research Grant #RES-000-22-0385, “Economic Policies for the Transition to Digital Television,” 2003-2004, 2003

  • Research Material and Development Grants, 2003, 2004, 2005, 2006, London Business School, 2003

  • Scholarship for Graduate Studies in Economics, 1995-1996, Banco di Sicilia, 1995

  • Summer Research Grant 1993 and 1994 - The World Economic Laboratory, MIT Massachusetts Institute of Technology, 1993

  • “Marco Fanno” Scholarship for Graduate Studies in Economics, 1993-1994 and 1994-1995, Mediocredito Centrale, 1993

  • Scholarship for Graduate Studies in Economics, 1992-1993, Cassa di Risparmio di Venezia, 1992