Modern markets - that bring together parties at arm's length - are neither spontaneous, nor self-sustaining. They need a set of supporting conditions and institutions to function, in the absence of which traditional relationship and identity based institutions persist, limiting opportunities especially for the historically marginalized. Prateek studies how free and inclusive markets evolve(d) in history, and in developing countries. Prateek is an Assistant Professor in Strategy at the Indian Institute of Management Bangalore (IIMB) and IIMB Young Faculty Research Chair, leading the IIMB Inclusive Markets Project. He is also a Junior Fellow at the Stigler Center for the Study of the Economy and the State at the University of Chicago Booth School of Business.
Prateek earned his doctorate from University College London (UCL) in 2018, where he continues to be an Honorary Research Associate. During his PhD, he was affiliated to the Center for Economic History and Kellogg School of Management at Northwestern University (2015-2018) as a Visiting Predoctoral fellow and the Stigler Centre at the University of Chicago as a Research Associate (2016-2018). Prior to his PhD, he earned his B.Tech. in Production and Industrial Engineering from Indian Institute of Technology Delhi (IITD) in 2010. He worked as an operations consultant for clients in metals and mining industry (2010-2012), and has also taught operational research methods at the London School of Economics (LSE) (2012-2015).
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