Prof. Martin Pesendorfer


Martin Pesendorfer is a Professor in Economics at the London School of Economics and a Special Consultant at CEG Europe. Martin is an expert in industrial organization, applied econometrics and auction theory with over 15 years of experience.

Martin has published in a number of top ranking journals including Econometrica, Review of Economic Studies, Journal of Economic Theory, The RAND Journal of Economics and the Journal of Business. His main research area is industrial organization and auctions. He examines markets in which strategic interaction plays a central role. Recent studies include pricing for retail markets, incentives for mergers and bidding behaviour in procurement auctions. He has worked on bidder collusion at school milk auctions in Florida and Texas, mergers in the Paper Industry, California highway procurement auctions, combination bidding in London bus route auctions and bidding behaviour in sponsored search auctions. His work has examined in detail complex multi-unit auctions, the effect of collusion and the effect of capacity constraints in repeated interaction.

Martin has worked on auction design and on combinatorial auctions. He advised a company in Swedish spectrum auctions and Ofcom on the effects on consumer welfare of interconnection arrangements. Martin is a research affiliate at the CEPR, and a research fellow at the NBER and member of the editorial board of the Review of Economic Studies. He is fluent in German and English. Martin is included in the top ranking academic economists in the German speaking world by the leading German commercial financial paper Handelsblatt.