Academics
Research & Achievement
AP Biology 5 · AP Chinese 4 · SAT 1500 · Honors Pre-Calculus, AP Physics, AP Microeconomics
AP Biology — 5AP Chinese — 4SAT 1500
Selected Courses
- AP Microeconomics
- AP Biology
- AP Physics
- Honors Pre-Calculus
- Government and Economics
- French I–III
AP Exam Results
- AP Biology — 5
- AP Chinese Language and Culture — 4
- AP Spanish Language and Culture — 3
SAT
1500 total — Math 780, English 720
Spanish economy research — Growth, Competitiveness & Prosperity. Advanced to National Semifinals.
SemifinalistSpanish EconomyTeam Competition
Competition Overview
- Competed as a sophomore alongside classmates Bryan, Isaac, and Sarim, under the guidance of Mr. Uceda
- Researched Spain's economy on the theme of Growth, Competitiveness, and Prosperity
- Presented at the New York Regional Round in March 2025 and advanced to the National Semifinals in Manhattan in April 2025
- Deepened my understanding of Spain's structural economic challenges and long-term growth outlook
Resources
📄 View Presentation Slides (PDF) ↗
The Economics of Music — studying the rise in concert ticket prices for the NY Fed Competition.
Federal ReserveMarket EconomicsEntertainment
Competition Overview
- Competed as a junior alongside Bryan, Isaac, Louis, Lucas, and Sarim, guided by Mr. Massimi and Mr. Fialkow
- Investigated the economic forces driving the surge in concert ticket prices
- Analyzed how rising prices redistribute value between artists, promoters, resellers, and fans
- Built a working framework for understanding pricing power and demand inelasticity in live entertainment
Resources
📄 View Submission Paper (PDF) ↗
Co-authored 2026
Independent Research — Concert Ticket Markets
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Experimental economics paper replicating a posted-offer market. Co-authored with Louis Gui. VeconLab, 36 participants.
Working PaperVeconLab36 Participants
Research Overview
- Co-designed and ran an economics experiment with Louis Gui, stemming from our Fed Challenge research
- Replicated a posted-offer market using VeconLab to simulate concert ticket resale dynamics
- Found that traded prices fell below equilibrium — a result that contradicts prior literature
- Traced the discrepancy to violations of three precepts of Smith's Induced Value Theory
- Co-authored a full manuscript documenting our experimental design, results, and analysis
Abstract
This paper examines price formation in a posted-offer market designed to simulate concert ticket resale platforms, where sellers set prices and buyers decide whether to accept them without negotiation. The experiment was conducted using VeconLab with 36 student participants across eight trading rounds. Transaction prices increased over the course of the experiment, but most trades occurred below the theoretical equilibrium price and overall market efficiency was approximately 75%. This result differs from prior posted-offer market experiments. The divergence is likely explained by violations of the monotonicity, salience, and dominance precepts of induced value theory.
Chou-Esteban, A., & Gui, L. (2026). Pricing Without Negotiation: Experimental Evidence from a Simulated Concert Ticket Market [Unpublished manuscript]. The Bronx High School of Science.
