Sushil Bikhchandani

Professor of Decisions, Operations, and Technology Management, Professor of Strategy; Howard Noble Chair in Management
“The economics of incentives and the economics of information provide insight into human activity in a variety of fields, ranging from the performance of market institutions to the success of social movements.”
(310) 206-2686, Cornell Hall, D-516
Areas of Expertise:
  • Auctions
  • Social Learning
  • Strategic Behavior




Sushil Bikhchandani has taught at UCLA Anderson School of Management since 1985. He is interested in auctions, market institutions, herd behavior and decision making.

He has published widely cited work on informational cascades, and his articles on topics such as auctions, bargaining and decision theory have appeared in numerous professional journals, including Econometrica, Review of Economic Studies, Journal of Economic Theory and Operations Research.

In The Analytics of Uncertainty and Information, a graduate textbook, Bikhchandani and his co-authors present complex subject matter on the economics of information in a simple, accessible manner.

Bikhchandani teaches data and decisions in the core curriculum and an elective course on negotiations. He has served as director of Anderson's Ph.D. program and as vice chair of the UCLA Anderson School of Management. In 2015, Bikhchandani was awarded the J. Clayburn La Force Faculty Leadership Award.



Ph.D. Graduate School of Business, 1986, Stanford University

MBA, 1980, Indian Institute of Management, Ahmedabad

B.Tech. Electrical Engineering, 1978, Indian Institute of Technology, Kanpur

Published Papers

S. Bikhchandani. (2017). Stability with One-sided Incomplete Information.Journal of Economic Theory, 168, 372-399. [ Link ]

S. Bikhchandani and I. Obara. (2017). Mechanism Design with Acquisition of Correlated Information. Economic Theory, 63, 783-812. [ Link ]

S. Bikhchandani and U. Segal. (2014). Transitive Regret over Statistically Independent Lotteries. Journal of Economic Theory, 152, 237-248. [ Link ]

S. Bikhchandani and J. Mamer. (2013). Decreasing Marginal Value of Information Under Symmetric Loss. Decision Analysis, 10, 245-256. [ Link ]

S. Bikhchandani and K. McCardle. (2012). Behavior-based Price Discrimination by a Patient Seller. The B.E. Journals of Theoretical Economics (Contributions), 12 (1), Article 21. [ Link ]

Sushil Bikhchandani and Uzi Segal. (2011). Transitive Regret. Theoretical Economics, 6, 95-108. [ Link ]

S. Bikhchandani, S. de Vries, J. Schummer, and R. Vohra. (2011). An Ascending Vickrey Auction for Selling Bases of a Matroid. Operations Research, 59, 400-413. [ Link ]

Sushil Bikhchandani. (2010). Information Acquisition and Full Surplus Extraction. Journal of Economic Theory, 145, 2282-2308. [ Link ]

Sushil Bikhchandani, Shurojit Chatterji, Ron Lavi, Ahuva Mualem, Noam Nisan, and Arunava Sen. (2006). Weak Monotonicity Characterizes Deterministic Deterministic Dominant-Strategy Implementation. Econometrica,74, pp. 1109-1132. [ Link ]

Sushil Bikhchandani and Joseph Ostroy. (2006). Ascending Price Vickrey Auctions. Games and Economic Behavior, 55, pp. 215-241.

Sushil Bikhchandani. (2006). Ex Post Implementation in Environments with Private Goods. Theoretical Economics, 1, pp. 369-393. [ Link ]


The Analytics of Uncertainty and Information, by S. Bikhchandani, J. Hirshleifer, and J. Riley, 2nd edition, Cambridge University Press (2013). [ Link ]

Working Papers

S. Bikhchandani and U. Segal, "Regret in the Small and in the Large," October 2018. [ Link ]

S. Bikhchandani. (December 2016). Intermediate Surge Pricing. [ Download ]