Penn State Smeal College of Business
Business Building
475 Shortlidge Rd
University Park, PA 16802
Professor of Risk Management
Director of Laboratory for Economics Management and Auctions
Experimental Economics, Bargaining.
Ph D in Economics, New York University, Graduate School of Arts and Science, New York City, NY, 2010-06-01 BS in Economics, Massachusetts Institute of Technology, Cambridge, MA, 2005-06-01 BS in Mathematics, Massachusetts Institute of Technology, Cambridge, MA, 2005-06-01
B A 532 – Global Business Environment
An introduction to worldwide economic trends and economic problems with an emphasis on how businesses cope with global business problems.
B A 545 – Business, Government and International Economics
Understand how macroeconomic events and policies affect the global economy and business decisions.
BA 512 – Risk and Decisions
Construction and use of quantitative methods in business decision-making.
BA 513 – ADV MICROECON BUS
This course discusses topics in advanced microeconomic analysis with an emphasis on applications to applied research areas inbusiness and other related disciplines. Topics include (but are not limited to) general equilibrium, choice under uncertainty, gametheory, mechanism design, and behavioral economics. An area of particular focus is how incomplete and asymmetric informationimpacts competitive and strategic behavior by individuals and firms in a variety of applied settings.The materials emphasize theoretical models prevalent in microeconomic research, and students are expected to develop afamiliarity with the use of mathematical modeling in economics. Whenever possible applications to related applied disciplines suchas those in finance, supply chain management, accounting, and agricultural economics will be highlighted and discussed.Experimental methods will be used at times to motivate and discuss various economic principles.
BA 532 – Global Bus Env
Changes in interest rates, swings in the business cycle, new international trade agreements: all are macroeconomic events, and all can dramatically impact business. Institutional constraints, as well as theory, and history guide present day macroeconomic analysis and policy. Accordingly, the class is a synthesis of institutional, theoretical, and historical perspectives. A wealth of macroeconomic information and data is now available on the web for those who know how to access and interpret it.
BA 545 – Bus Gov Int'L Econ
Understand how macroeconomic events and policies affect the global economy and business decisions. B A 545 Business, Government and International Economics (2)Changes in interest rates, swings in the business cycle, new international trade agreements: All are macroeconomic events, and all can dramatically impact business. Accordingly the class is a synthesis of institutional, theoretical and historical perspectives.
BA 597 – Special Topics
Formal courses given on a topical or special interest subject which may be offered infrequently.
BA 597D – **Special Topics** (D)
BA 832 – Global Bus Env
An introduction to worldwide economic trends and economic problems with an emphasis on how businesses cope with global business problems. B A 532 Global Business Environment (1)Changes in interest rates, swings in the business cycle, new international trade agreements: all are macroeconomic events, and all can dramatically impact your business. Institutional constraints, as well as theory, and history guide present day macroeconomic analysis and policy. Accordingly, the class is a synthesis of institutional, theoretical, and historical perspectives. A wealth of macroeconomic information and data is now available on the web for those who know how to access the interpret it. We will make extensive use of this material.
BA 832 – Global Business Environment
An introduction to worldwide economic trends and economic problems with an emphasis on how businesses cope with global business problems. B A 532 Global Business Environment (1)Changes in interest rates, swings in the business cycle, new international trade agreements: all are macroeconomic events, and all can dramatically impact your business. Institutional constraints, as well as theory, and history guide present day macroeconomic analysis and policy. Accordingly, the class is a synthesis of institutional, theoretical, and historical perspectives. A wealth of macroeconomic information and data is now available on the web for those who know how to access the interpret it. We will make extensive use of this material.
Krishna K., Lychagin S., Olszewski W., Siegel R., Tergiman C. "Pareto Improvements in the Contest for College Admissions" Review of Economic Studies (REStud), 2025-01-01
Agranov M., Tergiman C., Eraslan H. "Bargaining in the Shadow of Uncertainty" AEJ: Microeconomics, vol. 16, 2024-01-01
Tergiman C., Villeval M. "The Way People Lie in Markets" Management Science, vol. 69, 2022-01-01
Ali S., Minh M., Siga L., Tergiman C. "Adverse and Advantageous Selection in the Laboratory" American Economic Review, vol. 111, 2021-07-01
Tergiman C., Pikulina E. "Preferences for Power" Journal of Public Economics, vol. 185, 2020-05-01
Tergiman C., Hellmann T., Vo D., Schure P. "Ownership Dynamics within Founder Teams: The Role of External Financing" Strategic Entrepreneurship Journal, vol. 13, 2019-09-01
Tergiman C. "Institution Design and Public Good Provision: an Experimental Study of the Vote of Confidence Procedure" Experimental Economics, vol. 18, 2015-12-01
Tergiman C., Agranov M., Caplin A. "Naive Play and the Process of Choice in Guessing Games" Journal of the Economic Science Association, vol. 1, 2015-12-01
Tergiman C., Agranov M. "Communication in Multilateral Bargaining" Journal of Public Economics, vol. 118, 2014-10-01
Tergiman C., Agranov M. "Incentives and Compensation Schemes: An Experimental Study" International Journal of Industrial Organization, vol. 31, 2013-05-01
Tergiman C., Agranov M., Schotter A., Potamites E. "Beliefs and Endogenous Cognitive Levels: An Experimental Study" Games and Economic Behavior, vol. 75, 2012-07-01
Agranov M., Tergiman C. "Communication in Bargaining Games with Unanimity" Experimental Economics
Tergiman C., Shorrer R., Rees-Jones A. "Correlation neglect in student-to-school matching" American Economic Journal: Microeconomics
Agranov M., Cotton C., Tergiman C. "Persistence of Power: Repeated Multilateral Bargaining with Endogenous Agenda Setting Authority" Journal of Public Economics