Mauricio G. Villena, PhD‌

  • Mauricio_Villena



I hold a PhD and an MPhil from The University of Cambridge, England, and an M.A. from Leeds University Business School, The University of Leeds, England. I also took graduate level courses at the Institute for Advanced Studies, Hebrew University of Jerusalem, Israel, and the Fondazione ENI Enrico Mattei (FEEM), Italy. I am an Industrial Engineer by training..

I currently am Full Professor of Economics at the Adolfo Ibáñez Business School, Chile:


Scholar Google                        ORCID iD                        ResearchGate                        LinkedIn



“A Game-Theoretic Model of Reciprocity and Trust that Incorporates Personality Traits”, with R. Guzmán, R. Harrison & N. Abarca, Journal of Behavioral and Experimental Economics, 2019.

“Why Is Free Education So Popular?: A Political Economy Explanation” with J. A. Correa, Y. Luy & Francisco Parro, Journal of Public Economic Theory, 2019: 1-19,

“Interdependent Preferences and Endogenous Reciprocity” with Rodrigo Harrison & Antonio Carrasco, Journal of Behavioral and Experimental Economics, Volume 76, October 2018, Pages 68-75.

“Fiscal Sustainability and Cyclically-Adjusted Balance Policy: Methodology and Analysis for Chile” with C. Gamboni & Andrés Tomaselli, Cepal Review, N° 124, April 2018.

“Techno-Economic Forecasts of Lithium Nitrates for Thermal Storage Systems” with Macarena Montané, Gustavo Cáceres and Raúl O’Ryan, Sustainability, 2017, 9(5), 810.

Credit Constraints in Higher Education in a Context of Unobserved Heterogeneity” with E. Rojas & R. Sánchez, Economics of Education Review, Volume 52, June 2016, Pages 225–250.

“Unintended Consequences of Childcare Regulation: Evidence from a Regression Discontinuity Design” with E. Rojas & R. Sánchez, Journal of Applied Economics. Volume XIX, No. 1 (May 2016), 1-40.

“Innovation and business research in Latin America: An overview” with S. Olavarrieta, Journal of Business Research, Volume 67, Issue 4, April 2014, Pages 489-497.

“Subject-specific performance information can worsen the tragedy of the commons: Experimental evidence” with F. Zecchetto, Journal of Economic Psychology, 2011, Volume 32, Issue 3, Pages 330-347.

“Learning and evolution of social norms” with R. Harrison, Encyclopedia of the Sciences of Learning, 2010, ESL Entry: 00633.

“The Optimal Pricing of Pollution When Enforcement is Costly” with J. K. Stranlund and C. Chávez, Journal of Environmental Economics and Management,  2009, Volume 58, Issue 2, Pages 183-191.

“The Choice of Policy Instruments to Control Pollution under Costly Enforcement and Incomplete Information” with C. Chávez and J. K. Stranlund, 2009,  Journal of Applied Economics. Volume XII, Issue 3 (November), Pages 207-227.

“On the Enforcement of Territorial Use Rights Regulations: A Game Theoretic Approach” (with Carlos A. Chavez) Economia, Vol. 6. Nº 1, July 2005.

“Evolutionary Game Theory and Thorstein Veblen’s Evolutionary Economics: Is EGT Veblenian?” (with Marcelo J. Villena) Journal of Economic Issues, Vol. XXXVIII No. 3 September 2004.



Copyright ©  2019 Mauricio G. Villena. All Rights Reserved.