Swapnendu Banerjee

  • Designation: Professor
  • Contact: +91 9330606340
  • Address: Department of Economics Jadavpur University Kolkata-700032
  • Email: swapnendu@hotmail.com


  • Post Doctoral Researcher, London School of Economics, 2016.
  • Post Doctoral Researcher, National University of Singapore, 2004-2005.
  • Ph. D in Economics: Jadavpur University, Calcutta, 2004.
  • M.Sc. (Economics): University of Calcutta, 1994-1996. First Class.

Teaching Experience

  • Professor, Jadavpur University, Calcutta, February 2015 - Till date
  • Associate Professor, Jadavpur University, Calcutta, February 2012-February 2015
  • Reader, Jadavpur University, Calcutta, October 2009-February 2012.
  • Reader, West Bengal State University, Calcutta, February 2009-October 2009.
  • Lecturer, Gokhale Institute of Politics and Economics (GIPE), Pune, August 2005-February 2009.

Field of Specialization

  • Economics of Contracts.
  • Microeconomic Theory and Game Theory.
  • Economics of Institutions, Markets and Organization.
  • Industrial Organization Theory.
  • Economics of Development.

ECourses Taught / Teaching

  • Advanced Microeconomics (Ph.D Level, Jadavpur University)
  • PG Microeconomics 1 and 2 (Jadavpur University),
  • UG Microeconomics 2 (Jadavpur University)

Research Area

  • Economics of Contracts.
  • Behavioural Contract Theory
  • Microeconomic Theory and Game Theory.
  • Economics of Institutions, Markets and Organization.
  • Industrial Organization Theory.
  • Technology transfer.

Journal Papers Published

  • Technology Transfer in Spatial Competition when Licensees are Asymmetric. (with Monalisa Ghosh and Sougata Poddar) (Accepted in Manchester School, Blackwell)
  • Corruption, Pricing of Public Services and Entrepreneurship in Economies with Leakage (with S. Mitra and V. Mukherjee). (Accepted in Journal of Institutional and Theoretical Economics, Mohr-Siebeck, Germany).
  • Technology Selling and Innovation with Bargaining. (with Sougata Poddar and Yuanzhu Lu). (forthcoming Bulletin of Economic Research, Blackwell)
  • Outsourcing Womb with Social Ignominy (with Amrita Pramanick), Economics Bulletin (Vanderbilt, USA), (forthcoming)
  • Technology licensing and innovation—A correction on two-part tariff analysis. (with Yuanzu Lu and Sougata Poddar). Economics Letters (Elsevier), Oct 2019, Vol-183, Article 108591.
  • ‘To sell or not to sell’: Licensing versus Selling by an Outside Innovator. (with Sougata Poddar). Economic Modelling (Elsevier), 2019, Vol-76, Pages: 293-304.
  • Other Regarding Principal and Moral Hazard: The Single Agent Case (with Mainak Sarkar). International Journal of Economic Theory (Blackwell), September 2017, Vol-13, Issue-3, Pages: 313-326.
  • Status Incentives with Discrete Effort: A Note (with Oindrila Dey). Economics Bulletin, 2014, Vol-34, No.2, Pages: 1205-1213.
  • Gestational Surrogacy Contracts: Commercial or Altruistic? – A Contract Theoretic Approach. Manchester School (Blackwell), 2013 (June), Vol-81, No. 3, 438–460.
  • On Tariff and Quality Innovation in a Market with Discrete Preferences (with R. Acharyya). Economic Modelling (Elsevier), 2012, Vol-29, Pages: 917-925.
  • Rent a Womb: Surrogate Selection, Investment Incentives and Contracting (with Sanjay Basu), Journal of Economic Behaviour and Organization (Elsevier), March 2009, Vol-69, Pages: 260-273.
  • Does Input Sector Liberalization Promote Quality Innovation and Exports? (with R. Acharyya), International Review of Economics and Finance, (Elsevier), 2006, Vol-15, Issue-4, Pages 443-462.
  • Process and Product Innovation: Complementarity in a Vertically Differentiated Monopoly with Discrete Consumer Types (with R. Acharyya), Japanese Economic Review, (Blackwell), June 2004, Vol. 55, Issue 2, pp. 175-200.
  • Optimal Patent Length in a North-South Framework: A Comment, 2008, (with T. Kabiraj), Singapore Economic Review (World Scientific), Vol. 56, Issue 1, pp-51-59.
  • Incentive conscious agents and moral Hazard (with Oindrila Dey). Indian Economic Review (Springer), 2019, Vol-54, Pages-149-169.
  • Stochastic Appraisal: And an Application to Random Favouritism, 2016, (with Oindrila Dey), Indian Economic Review, Vol-51, Issue-1-2, Pages-83-103.
  • Innovation Complementarity in a Vertically Differentiated Monopoly: A Note, Indian Economic Review, 2013, Vol. XLVIII, No.2, 263-274.
  • Optimal Organization of Surrogacy Contracts and Underinvestment (with Amrita Pramanick) Journal of Quantitative Economics, (Springer), 2016, Vol-14, Issue-2, Pages-217-236.

Books Published

  • Book: Edited “Understanding Development: An Indian Perspective on Legal and Economic Policy” with Sushil Halder and Vivekananda Mukherjee. (Springer), 2015.
  • Chapters in Books:
  • Game Theory: Strategy design in conflict situations, in Rajat Acharyya eds. Research Methodology for Social Sciences (Routledge, London and New York), Pages: 91-110.
  • Surrogacy Contracting with Intermediation (with Amrita Pramanick), in “Understanding Development: An Indian Perspective on Legal and Economic Policy” ed. Banerjee, Halder and Mukherjee. (Springer), 2015.
  • An Example of Innovation Inducing tariff Protection, in “Analytical Issues in Trade, Development and Finance” ed. Karmakar and Ghosh. (Springer), 2013.
  • A Matching Model of Relationship Banking and Firm Quality, in “A collection of Essays in Finance” ed. Bhattacharya and Roy. (Allied Publishers, India), 2010.
  • Economics of Innovation and Thereafter, in “Some Contemporary Issues in Development and Growth Economics” ed. Arpita Dhar. (Allied Publishers, India), 2010.


  • Visiting Subir Chowdhury Fellowship (Post Doctoral), London School of Economics, UK, 2016.
  • Singapore Millennium Foundation Postdoctoral Fellowship at National University of Singapore (NUS) from September 2004 to July 2005.
  • Ford Foundation Fellowship at ITDD, Jawaharlal Nehru University, New Delhi, August 2003-August 2004.

Ph. D Thesis Guidance

Ph. D Sudents with Initial Placements:

  • Oindrila Dey, “Essays on Status, Incentives and Favouritism”. (Awarded)
Initial Placement: Assistant Professor, Flame University, Pune, India. Current: Assistant Professor, IIFT, Kolkata.
  • Atreyee Sinha Chakraborty, “Effect of Non-tariff Barriers on Exports: A Theoretical Analysis” (Awarded, through GIPE Pune).
Initial Placement: Assistant Professor, Gokhale Institute of Politics and Economics Pune, India.
  • Amrita Pramanick, “The Economics of Surrogacy Contracts”. (Awarded)
Initial Placement: Assistant Professor, Narsee Monjee Institute of Management Studies, Bangalore Centre, India.
  • Monalisa Ghosh, “Essays on Technology Transfer, Licensing and Patents” (Ongoing)
  • Somenath Chakraborty, “Three Essays in Behavioural Contract Theory” (Ongoing)

Master Thesis Guidance

  • Committee Chair for 3 M.A. thesis students in GIPE, Pune.
  • MA Thesis Committee member for 8 students in GIPE, Pune.

Seminar / Conference / Workshop

  • Seminar at the Economics Department, University of California, Irvine USA, 2020.
  • Seminar at the Economics Sciences Institute, Chapman University, California, USA, 2020.
  • STICERD Seminar London School of Economics, UK, 2016.
  • Indian Observatory seminar at London School of Economics, UK, 2016.
  • Seminar at the Business School, University of Nottingham, UK, 2016.
  • Seminar at the Economics Department, University of Birmingham, UK, 2016.
  • IIM Calcutta Conference in 2018 and Public Policy Conference at CSSSC, 2019.
  • Paper presented at the conference honouring Prof. Amartya Sen, organized Jointly by Cornell University, USA and Institute of Human Development Delhi, in Delhi, December 19-20, 2008.
  • NEUDC 2006 at Cornell University, Ithaca, USA in September 2006.
  • Departmental Seminar at NUS, Singapore, November 2004.
  • Paper accepted in the Spring Meeting of the Young Economists, Leuven, April 2003.
  • Conference on Models and Methods in Economics, ISI Calcutta, December 2005, March 2003 and January 2002.
  • Far Easter Meeting of the Econometric Society, Kobe Japan, July 2001.
  • Winter School in Quantitative Economics, IIM Calcutta, January 2001.
  • Conference on Industrialization in a Reforming Economy: A Quantitative Assessment to honour Prof. K.L.Krishna, Delhi School of Economics, December 2000.
  • Workshop on Economic Theory, CSSSC, July 20-21, 2006.
  • Various departmental seminars at Delhi School of Economics, ISI Calcutta, Jadavpur Univrtsity, ITDD JNU, IIM Bangalore, Gokhale Institute, Pune.