Fernando Branco, Full Professor and Coordinator of the PhD Initiative. Holds a PhD in Economics (MIT, USA) and an undergraduate degree in Economics (UCP). Prior to his current position he was Vice Rector of the University (2004-2006), the Dean of CATÓLICA-LISBON (2001-2004) and Director of the Center for Applied Studies of CATÓLICA-LISBON (1998-2001). Most of his research has been done on auction theory and economics of regulation. His current research interests are related to dynamic game theoretical models that endogeneize the order of moves.