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  1. Directory
  2. Faculty
  3. Andrea Prat

Andrea Prat

Richard Paul Richman Professor of Business
Economics Division
Andrea Prat
Areas of Expertise
Microeconomics, Organizations & Markets
Contact
Office: 596 Kravis
Phone: (212) 8546176
E-mail: [email protected]
Links
Personal Website
Curriculum Vitae

Andrea Prat is the Richard Paul Richman Professor of Business at Columbia Business School and Professor of Economics at the Department of Economics, Columbia University. After receiving his PhD in Economics from Stanford University in 1997, he taught at Tilburg University and the London School of Economics. He joined Columbia in 2012.

Professor Prat's work focuses on organizational economics and political economy. His current research in organizational economics explores - through theoretical modeling, field experiments, and data analysis - issues such as incentive provision, corporate leadership, employee motivation, and organizational language. Professor Prat is a principal investigator of the Executive Time Use Project. His current research in political economy attempts to define and measure the influence of the media industry on the democratic process.

He is the author of numerous articles in leading journals in economics and finance including the American Economic Review, Econometrica, the Journal of Finance, the Quarterly Journal of Economics, the Review of Economic Studies, and the Review of Financial Studies. He served as Chairman and Managing Editor of the Review of Economic Studies. He is an Associate Editor of Theoretical Economics and a director of the Industrial Organization program of the Center for Economic Policy Research in London. Professor Prat was elected a Fellow of the British Academy in 2011 and a Fellow of the Econometric Society in 2013.

Joined CBS
2012

All Activities

  • Research
  • Teaching
  • Awards and Honors
  • Press
  • CaseWorks
  • Journal articles
  • Working papers
  • Articles
  • Books
  • Chapters
Journal Article
Angelucci, Charles and Andrea Prat
. “Is Journalistic Truth Dead? Measuring How Informed Voters Are about Political News.”
American Economic Review
vol.
114
, no.
4
(April 01, 2024):
887
-
925
.
Explore Further about Is Journalistic Truth Dead? Measuring How Informed Voters Are about Political News
Download PDF on Is Journalistic Truth Dead? Measuring How Informed Voters Are about Political News
Journal Article
Dessein, Wouter and Andrea Prat
. “Organizational Capital, Corporate Leadership, and Firm Dynamics.”
Journal of Political Economy
vol.
130
, no.
6
(January 01, 2022):
1477
-
1539
.
Explore Further about Organizational Capital, Corporate Leadership, and Firm Dynamics
Download PDF on Organizational Capital, Corporate Leadership, and Firm Dynamics
Journal Article
Madarasz, Kristof and Andrea Prat
. “Sellers with Misspecified Models.”
The Review of Economic Studies
vol.
84
, (April 01, 2017):
790
-
815
.
Explore Further about Sellers with Misspecified Models
Journal Article
Halac, Marina and Andrea Prat
. “Managerial Attention and Worker Performance.”
American Economic Review
vol.
106
, (October 01, 2016):
3104
-
3132
.
Explore Further about Managerial Attention and Worker Performance
Download PDF on Managerial Attention and Worker Performance
Journal Article
Ortalo-Magne, Francois and Andrea Prat
. “Spatial Asset Pricing: A First Step.”
Economica
vol.
83
, (January 01, 2016):
130
-
171
.
Explore Further about Spatial Asset Pricing: A First Step
Download PDF on Spatial Asset Pricing: A First Step
Journal Article
Calvo-Armengo, Antoni, Andrea Prat , and Joan de Marti
. “Communication and Influence.”
Theoretical Economics
vol.
10
, (May 01, 2015):
649
-
690
.
Explore Further about Communication and Influence
Download PDF on Communication and Influence
Journal Article
Bandiera, Oriana, Luigi Guiso, Andrea Prat , and Raffaella Sadun
. “Matching Firms, Managers, and Incentives.”
Journal of Labor Economics
vol.
33
, (January 01, 2015):
623
-
681
.
Explore Further about Matching Firms, Managers, and Incentives
Download PDF on Matching Firms, Managers, and Incentives
Journal Article
Ortalo-Magne, Francois and Andrea Prat
. “On the Political Economy of Urban Growth: Homeownership versus Affordability.”
American Economic Journal: Microeconomics
vol.
6
, (February 01, 2014):
154
-
81
.
Explore Further about On the Political Economy of Urban Growth: Homeownership versus Affordability
Download PDF on On the Political Economy of Urban Growth: Homeownership versus Affordability
Working Paper
Prat, Andrea and David Stromberg
. The Political Economy of Mass Media. November 26, 2013.
Explore Further about The Political Economy of Mass Media
Download PDF on The Political Economy of Mass Media
Working Paper
Palacios-Huerta, Ignacio and Andrea Prat
. The Impact Factor of Managers. June 01, 2012.
Explore Further about The Impact Factor of Managers
Download PDF on The Impact Factor of Managers
Working Paper
Bandiera, Oriana, Luigi Guiso, Andrea Prat , and Raffaella Sadun
. What Do CEOs Do? January 01, 2011.
Explore Further about What Do CEOs Do?
Download PDF on What Do CEOs Do?
Working Paper
Garicano, Luis and Andrea Prat
. Organizational Economics with Cognitive Costs. January 01, 2011.
Explore Further about Organizational Economics with Cognitive Costs
Download PDF on Organizational Economics with Cognitive Costs
Working Paper
Prat, Andrea and David Stromberg
. Commercial Television and Voter Information. January 01, 2006.
Explore Further about Commercial Television and Voter Information
Download PDF on Commercial Television and Voter Information
Working Paper
Besley, Timothy and Andrea Prat
. Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans. January 01, 2003.
Explore Further about Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans
Download PDF on Pension Fund Governance and the Choice Between Defined Benefit and Defined Contribution Plans
Newspaper/Magazine Article
Bandiera, Oriana, Andrea Prat , and Raffaella Sadun
. “Managing the Family Firm: Evidence on CEOs at Work.”
Review of Financial Studies
. Forthcoming.
Explore Further about Managing the Family Firm: Evidence on CEOs at Work
Download PDF on Managing the Family Firm: Evidence on CEOs at Work
Chapter
Dessein, Wouter and Andrea Prat
. “Attention in Organizations.” In
The Oxford Handbook of the Economics of Networks
, Forthcoming.
Explore Further about Attention in Organizations
Download PDF on Attention in Organizations
Chapter
Ang, Andrew, Ann Bartel , Patrick Bolton , Wouter Dessein , Franklin Edwards , Lawrence Glosten , Geoffrey Heal , Gur Huberman , Charles Jones , Christopher Mayer , Frederic Mishkin , Eli Noam , Andrea Prat , Jonah Rockoff , Lynne Sagalyn , Stephen Zeldes , and Brian Thomas
. “1. Finance and Economics.” In
Columbia Business School
,
1
-
28
.
Columbia University Press
, 2016.
Explore Further about 1. Finance and Economics
  • Courses
  • Case Studies
Course
B7583: Executive Ethics
View Course on Executive Ethics
Course
B8315: Game Theory and Business
View Course on Game Theory and Business
Course
B5200: Managerial Economics
View Course on Managerial Economics
Course
B9222: Political Economy I
View Course on Political Economy I
  • Awards & Honors
  • In the Media
  • Articles
In the Media

Advice for the New CEO: Talk to Your Employees Early and Often

Harvard Business School
Article

Tracking AI’s Impact on Creativity, Leadership, and Innovation

Read More about Tracking AI’s Impact on Creativity, Leadership, and Innovation
Article

Many Fear Fake News and ‘Parallel Universes’ Threaten Democracy. The Reality of News Perception Is More Complex

Read More about Many Fear Fake News and ‘Parallel Universes’ Threaten Democracy. The Reality of News Perception Is More Complex
Article

Misinformation Is Thriving—And It's Not Just Politics to Blame

Read More about Misinformation Is Thriving—And It's Not Just Politics to Blame
Article

The Surprising Factors That Make Readers (and Voters) Susceptible to Misinformation

Read More about The Surprising Factors That Make Readers (and Voters) Susceptible to Misinformation
Article

Which News Outlets Have the Most Power? Columbia Business School Research Spotlights Information Inequality in 18 Countries and Identifies Top News Outlets

Read More about Which News Outlets Have the Most Power? Columbia Business School Research Spotlights Information Inequality in 18 Countries and Identifies Top News Outlets
  • CaseWorks
This faculty member has no associated CaseWorks cases currently.

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