José Penalva is Assiociate Professor of Finance at the Business Department of the Universidad Carlos III. He has an economics doctorate from the University of California, Los Angeles (UCLA) since 1997. He currently teaches Information in Markets and Market Microstructure, and Financial Mathematics.
His research interests are: the economics of information with a special emphasis on auctions and financial applications, market microstructure, and risk assignment and distribution in insurance markets. His publications include journals of international prestige such as Econometrica, Journal of Banking and Finance, Quaterly Journal of Finance, Review of Economic Dynamics and the Journal of Risk and Insurance. He gives presentations of his research at prestigious international conferences such as the European Group of Risk and Insurance Economists (EGRIE), the European Economic Association, the European Finance Association, and the European Econometric Society Meeting, among others. He has also participated in several edited books, and has co-authored (with Alvaro Cartea and Sebastian Jaimungal) the book "Algorithmic and High-frequency Trading
" (Cambridge University Press, 2015)