Research

PUBLICATIONS

• Can ecolabels survive climate uncertainty? A game-theoretic perspective on fishery certification. Espinola-Arredondo, A., Ceballos-Santos, S., Fullana-i-Palmer, P. and A. Bala. Journal of Environmental Management, 2026, 413, 130286.
• Demand-driven Mergers: Advertising, Differentiation, and Welfare. Munoz-Garcia, F., Kanjilal, K. and A. Espinola-Arredondo. Managerial and Decision Economics, 2026, https://doi.org/10.1002/mde.70139
• HHI-based Guidelines and Inefficient Merger Approvals. Munoz-Garcia, F., Espinola-Arredondo, A. and Dunaway, E. Journal of Industry, Competition and Trade, 2026, 26(4), https://doi.org/10.1007/s10842-02
  • Featured in ProMarket’s newsletter: “The Shortcomings of Merger Policy Based on the Herfindahl-Hirschman Index”
• Understanding the National and International Impacts of Recent Environmental Policy Changes in the US: A Call for Research. Bateman, I.J., Espinola-Arredondo, A., Munro, A. and Schumacher I.  Environmental and Resource Economics. 2025, 88, pp. 2287–2289.
• Optimal Patent Lengths in Polluting Industries. Choi, P., Espinola-Arredondo, A., Munoz-Garcia F., and E. Diaz-Farina. Energy Economics. 2025, 152, 108968.
• Climate events and adaptation: Effects on environmental policy and abatement. Espinola-Arredondo, A., Munoz-Garcia, F. and F. Tomori.  Resource and Energy Economics. 2025, 83, 101537.
• Greener or Cheaper: Economies of Scope in Green R&D. Strandholm, J. C., Espinola-Arredondo, A., and Munoz-Garcia, F. Journal of Environmental Economics and Management. 2025, 130, 103107.
• Can abatement efforts in a CPR promote over-exploitation of the resource? Surve, A. and A. Espinola-Arredondo. Environment and Development Economics. 2025, 1-24.
• Strategic Merger Approvals Under Incomplete Information. Kanjilal, K., Espinola-Arredondo, A., and F. Munoz-Garcia. Review of Industrial Organization. 2024, 65, pp. 759–791.
• Environmental Regulation under Sequential Competition. Choi, P., Espinola-Arredondo, A., and F. Munoz-Garcia. Journal of Economic Behavior and Organization. 2024, 221, pp. 52-72.
• When Should the Regulator Be Left Alone in the Commons? How Fishing Cooperatives Can Help Ameliorate Inefficiencies. Rosas-Munoz, J., A. Espinola-Arredondo and F. Munoz-Garcia. Resource and Energy Economics. 2024, 77, 101434.
• Measuring regulatory errors from environmental policy uncertainty. Espinola-Arredondo, A., Munoz-Garcia, F. and Garrido, D. Journal of Regulatory Economics. 2023, 64, pp. 48–65.
• Asymmetric regulators in polluting mixed oligopolies: Agency problems and second-mover advantage. Strandholm, J. C., Espinola-Arredondo, A., and Munoz-Garcia, F. Journal of Public Economic Theory. 2023, 1–27.
• Being green first: Simultaneous vs. sequential abatement decisions. Strandholm, J., A. Espinola-Arredondo and F. Munoz-Garcia. Economics Letters. 2023, 227, 111123.
• Fungicide resistance and misinformation: A game theoretic approach. Pardini, C. and A. Espinola-Arredondo. Canadian Journal of Agricultural Economics. 2023, 71, pp. 171– 201. [Outstanding CJAE Article Award for 2024]
• Does the Presence of a Public Firm Facilitate Merger Approvals? Kanjilal, K., Espinola-Arredondo, A. and F. Munoz-Garcia. Economics Letters. 2022, 219, 110841.
• Cooperation and Compensation to Mitigate Fungicide Resistance. Chelsea, P., Espinola-Arredondo, A. and M. Moyer. American Journal of Enology and Viticulture. 2022, 73 (3), pp. 190-195.
• Environmental policy helping antitrust decisions: socially excessive and insufficient merger approvals. Choi, P., Espinola-Arredondo, A. and F. Munoz-Garcia.Resource and Energy Economics. 2022, 67, 101267
• Green Alliances: Are They Beneficial when Regulated Firms are Asymmetric? Strandholm, J., A. Espinola-Arredondo and F. Munoz-Garcia. Journal of Industry, Competition and Trade. 2022, 22, pp. 145-178.
• Pollution Abatement with Disruptive R&D Investment. Strandholm, J., A. Espinola-Arredondo and F. Munoz-Garcia. Resource and Energy Economics. 2021, 66, 101258.
• Regulators and Environmental Groups: Better Together or Apart? Espinola-Arredondo, A., E. Stathopoulou and F. Munoz-Garcia. Environment and Development Economics. 2021, 27(1), pp. 40-66.
• Violence, Coercion and Settler Colonialism. Pardini, C. and A. Espinola-Arredondo. Journal of Theoretical Politics. 2021, 33(2), pp. 236-273. [Errata File]
• Can Mandatory Certification Promote Greenwashing? A Signaling Approach. Garrido, D., A. Espinola-Arredondo and F. Munoz-Garcia. Journal of Public Economic Theory. 2020, 22(6), pp. 1801-1851.
• Investment in Green Technology and Entry Deterrence. Strandholm, J. and A. Espinola-Arredondo. The B.E. Journal of Economic Analysis and Policy. 2020, 20 (2), 20180355.
• Organic Mergers and Acquisitions. Espinola-Arredondo, A., F. Munoz-Garcia and A. Jung. Journal of Industry, Competition and Trade. 2020, 20, pp. 59-91.
• Anticipatory Effects of Taxation in the Commons: When Do Taxes Work, and When Do They Fail? Espinola-Arredondo, A., F. Munoz-Garcia and I. Duah. Ecological Economics. 2019, 166, 106433.
• International Coordination of Environmental Policies: Is it Always Worth the Effort? Bayham, J., F. Munoz-Garcia and A. Espinola-Arredondo. Environment and Development Economics. 2019, 24(3), pp. 294-316.
• Strategic Emission Fees: Using Green Technology to Deter Entry. Espinola-Arredondo, A., F. Munoz-Garcia and B. Liu. Journal of Industry, Competition and Trade. 2019, 19, pp. 313-349.
• Conservation Procurement Auctions with Bidirectional Externalities. Choi, P., A. Espinola-Arredondo and F. Munoz-Garcia.  Journal of Environmental Economics and Management. 2018, 92 , pp. 559-579.
• Regulation, Free-Riding Incentives, and R&D investment with Spillover. Strandholm, J., A. Espinola-Arredondo and F. Munoz-Garcia. Resource and Energy Economics. 2018, 53, pp. 133-146.
• Information Transmission During the Trial: The Role of Punitive Damages and Legal Costs. Espinola-Arredondo, A. F. Munoz-Garcia and P. Tantihkarnchana. Journal of Public Economic Theory. 2018, 20(2), pp. 136-155.
• Profit-Enhancing Environmental Policy: Uninformed Regulation in an Entry-Deterrence Model. Espinola-Arredondo, A. and F. Munoz-Garcia. Journal of Regulatory Economics. 2016, 50(2), pp. 146-163.
• Promoting Residential Recycling: An Alternative Policy Based on a Recycling Reward System. Tongzhe Li, Espinola-Arredondo, A. and Jill McCluskey. Games. 2016, 7(3), pp. 1-18.
• An Excessive Development of Green Products? Espinola-Arredondo, A. and F. Munoz-Garcia. Economics of Governance. 2016, 17(2), pp. 101-129.
• Can Poorly Informed Regulators Hinder Competition? Espinola-Arredondo, A. and F. Munoz-Garcia. Environmental and Resource Economics. 2015, 61(3), pp. 433-461.
• Why do Firms Oppose Entry-Deterring Policies? Environmental Regulation and Entry Deterrence. Espinola-Arredondo, A. and F. Munoz-Garcia.  Environment and Development Economics. 2015, 20(2), pp.141-160.
• The signaling Role of Subsidies. Espinola-Arredondo, A. and F. Munoz-Garcia. The B.E. Journal of Economic Analysis and Policy. 2015, 15(1), pp. 157-178.
• The Entry-Deterring Effects of Inflexible Regulation. Espinola-Arredondo, A., Felix Munoz-Garcia and  Jude Bayham. Canadian Journal of Economics. 2014, 47(1), pp. 298-324.
• Asymmetric Information may Protect the Commons: The Welfare Benefits of Uninformed Regulators. Espinola-Arredondo, A. and F. Munoz-Garcia.  Economics Letters. 2013,121(3), pp. 463-467.
• Don’t Forget to Protect Abundant Resources. Espinola-Arredondo, A. and F. Munoz-Garcia. Strategic Behavior and the Environment. 2013, 3(4), pp.251-278.
• Uncovering Entry Deterrence in the Presence of Learning-by-Doing. Espinola-Arredondo, A. and F. Munoz-Garcia. Journal of Industry, Competition and Trade. 2013, 13(3), pp. 319-338.
• When does Environmental Regulation Facilitate Entry-Deterring Practices? (with Felix Munoz-Garcia).  Journal of Environmental Economics and Management. 2013, 65(1), pp. 133-152.
• The Entry-Deterring Effects of Environmental Policy. Espinola-Arredondo, A. and F. Munoz-Garcia. Review of Environment, Energy and Economics (Re3), (January 10, 2013).
• Environmental Policy in a Linear City Model of Product Differentiation. Espinola-Arredondo, A. and H. Zhao. Environment and Development Economics. 2012, 17(4), pp. 461-477.
• When do Firms Support Environmental Agreements? Espinola-Arredondo, A. and F. Munoz-Garcia. Journal of Regulatory Economics, 2012, 41(3), pp. 380-401.
• Can incomplete information lead to under-exploitation in the commons? Espinola-Arredondo, A. and F. Munoz-Garcia. Journal of Environmental Economics and Management, 2011, 62(3), pp. 402-413.  [Technical Appendix].
• When should a firm expand its business? The Signaling Implications of Business Expansion. Espinola-Arredondo, A., Gal-Or, E. and F. Munoz-Garcia. International Journal of Industrial Organization, 2011, 29 (6), pp. 729-745.
• Free-riding in International Environmental Agreements: A Signaling Approach to Non-Enforceable Treaties, A. Espinola-Arredondo and F, Munoz-Garcia. Journal of Theoretical Politics, 2011, 23 (1), pp. 111-134.
• The Intuitive and Divinity Criterion: Interpretation and Step-by-Step Example. A. Espinola-Arredondo and F. Munoz-Garcia.Journal of Industrial Organization Education, 2010, 5(1), Article 7. 2010.
• Free-riding and cooperation in environmental games. Journal of Public Economic Theory, 2009, 11 (1), pp. 119-158.
• Biofuel policy for the pursuit of multiple goals: The case of Washington State. Espinola-Arredondo, A., Yoder, J. and P. Wandschneider. Western Economics Forum. 2009, 8 (1), pp. 1-9.
• Green Auctions: a biodiversity study of mechanism design with externalities. Ecological Economics, 2008, 67 (2), pp. 175-183.

BOOKS AND BOOK CHAPTERS

• Espinola-Arredondo, A., Munoz-Garcia, F. and P. Choi. “Contract Theory.” Forthcoming in Palgrave Macmillan.
• Espinola-Arredondo, A., Munoz-Garcia F. and J. Poyago-Theotoky. “Green Innovation and Industrial Organization: A Guided Tour.” Green Innovation and Industrial Organization, World Scientific. 2026, Chapter 1, pp. 1-33
• Espinola-Arredondo, A. and F. Munoz-Garcia. “Common Pool Resources.” Elgar Encyclopedia of Energy Economics, Edward Elgar. 2025, pp. 60-64.
• Espinola-Arredondo, A. and F. Munoz-Garcia. “Game Theory: An Introduction with Step-by-Step Examples.” Palgrave Macmillan, December 2023.
• Espinola-Arredondo, A. and F. Munoz-Garcia. “Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information.” Cambridge University Press, October 2021.
• Espinola-Arredondo, A. and F. Munoz-Garcia. “Intermediate Economic Theory: Tools and Step-by-Step Examples.” The MIT Press, November 2020.
• Dunaway, E., Strandholm, J., Espinola-Arredondo, A. and F. Munoz-Garcia. “Practice Exercises for Intermediate Economic Theory.” The MIT Press, November 2020.
• Espinola-Arredondo, A. and F. Munoz-Garcia. Editors of the volume dedicated to “Game Theory,” in the WSCP reference of natural resources and environmental policy in the era of global change, World Scientific Publishing Company (WSPC)/Imperial College Press (IPC). October 2016.
• Espinola-Arredondo, A. and F. Munoz-Garcia. 2013. “Environmental Negotiations under Uncertainty,” in Analyzing Global Environmental Issues: Theoretical and Experimental Applications and their Policy Implications, Ariel Dinar and Amnon Rapoport, eds. Routledge. February 14th, pp. 53-68.
• F. Munoz-Garcia and Espinola-Arredondo. “The Role of Information in the Tragedy of the Commons,” in Analyzing Global Environmental Issues: Theoretical and Experimental Applications and their Policy Implications, Ariel Dinar and Amnon Rapoport, eds. Routledge.  February 14th, pp. 29-52.
• Instructor’s Manual to Accompany Environmental and Natural Resource Economics, 8th edition. (Tom Tietenberg and Lynne Lewis), Prentice Hall, 2009.

WORKING PAPERS:

• Environmental Regulation: A Novel “Booster” of Competition Policy? (with F. Munoz-Garcia).
• Demand-driven Mergers: Advertising, Differentiation, and Welfare. (with F. Munoz-Garcia and K. Kanjilal, forthcoming in Managerial and Decision Economics).
• Abatement Thresholds: How Merger Prospects Affect Green Investments. (with F. Munoz-Garcia and L. Gautier).
• Greener Merger Guidelines: When Do They Matter? (with F. Munoz-Garcia and K. Kanjilal).

Faculty Research Lightning Talk