Mauricio G. Villena, PhD


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

I currently am a Researcher in Public Policy  at Centro de Estudios Públicos (CEP) and Full Professor of Economics  at the Adolfo Ibáñez Business School, Chile.

 Google Scholar          ORCID          SCOPUS         ResearchGate          LinkedIn

Working Papers


“Corporate Social Responsibility and Optimal Pigouvian Taxation”


What Corporate Social Responsibility Motivations are better for The Environment?


“Gender Wage Gap and Firm Market Power in Chile” with Rafael Sanchez and Javier Finot.


Whistleblowing Behavior in Organizations with Marcelo Villena and María José Quinteros.


“Gender Wage Gap and Firms’ Dynamic Monopsony: Voluntary versus Involuntary Separations” with Rafael Sanchez and Javier Finot.


“Estimating Local Government Efficiency using a Panel Data Parametric Approach: The Case of Chilean Municipalities” with Francisca Pacheco and Rafael Sanchez.


Recent Refereed Publications


“How Do Business Schools Compete in Latin America?” with María José Quinteros and Rafael Sánchez, Applied Economics, forthcoming, 2020.


“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, Volume 84, February 2020.


“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.


“Transportation Costs, Agricultural Expansion and Tropical Deforestation” with I. Lucich and M.J. Quinteros, International Journal of Agriculture and Natural Resources, 2015, Volume 42, Issue 2 (August), Pages 153-169.


“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.


“Applying a Bio-Economic Optimal Control Model to Charcoal Production: The Case of Slash and Burn Agriculture in Mexico” with F. Arrocha, International Journal of Agriculture and Natural Resources, 2012, Volume 39, Issue 3 (December), Pages 489-504.


“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.


In Spanish


“Análisis de las Proyecciones de Ingresos Fiscales en Chile” with Rodrigo Cerda, Emiliano Luttini & Camilo Beyzaga, Estudios de Finanzas Públicas, 2019, Nº04, Pages 1-30.


“La sostenibilidad fiscal y la política de balance cíclicamente ajustado: metodología y análisis para Chile” with C. Gamboni & Andrés Tomaselli, Revista CEPAL, N° 124, April 2018.


“Eficiencia de los Gobiernos Locales y sus Determinantes: Un análisis de Fronteras Estocásticas en Datos de Panel para Municipalidades Chilenas” with F. Pacheco & R. Sánchez, Estudios de Finanzas Públicas, 2013, Pages 1-52.


“Costos de Transporte como Límite a la Expansión Agrícola sobre el Bosque Tropical: El Caso del Valle del Río Apurímac-Ene, Peru”, with I. Lucich. In Asensio, Eguren and Ruíz, 2012, “Perú: El Problema Agrario en Debate. SEPIA XIV”.


“Valoración Económica de Bienes Ambientales por Beneficiarios Circundantes y No Circundantes” with E. Lafuente, 2012, Cuadernos de Economía, Volumen XXXI, Número 56.


“Una Política Fiscal de Balance Estructural de Segunda Generación para Chile” with F. Larraín, R. Costa, R. Cerda and A. Tomaselli, Estudios de Finanzas Públicas, 2011, Nº18, Pages 1-78.


“Costos de Cumplimiento de Regulación Ambiental con Información Incompleta: Aplicación a Fuentes Fijas del PCE de Santiago, Chile” with G. Clerger, C. Chávez and W. Gómez. Estudios de Economía, 2009, Volume 36, Issue 2 (December), Pages 165-190.


“Impacto Económico de la Política de Acuerdos de Cielos Abiertos en Chile” (with M. J. Villena and R. Harrison), Revista de Análisis Económico, Volume 23, Issue 1, Pages 107-149, 2008.


“El Mercado Hidrotérmico Chileno: Un Enfoque de Teoría de Juegos” (with M. Vega), Cuadernos de Economía, Vol 24, Nº 45, pp 155-203, December 2006.


“Evolución de Preferencias en un Juego de Explotación de un Recurso de Propiedad Común: Evidencia Experimental” (with C. Salazar). Estudios de Economía, Vol. 32, Nº2, Diciembre de 2005.


“La Teoría de Juegos Evolutivos y La Economía Evolutiva de Thorstein Veblen” (with M. J. Villena). Cuadernos de Economía, Vol. XXIV, Nº 42, August 2005.



Copyright ©  2020 Mauricio G. Villena. All Rights Reserved.