Mario Miranda 's research focuses on computational modeling of stochastic and dynamic economic systems with applications to agricultural risk management, catastrophic insurance and reinsurance, agricultural and environmental policy, and microfinance and insurance in developing countries. Research has produced one book, more than 40 peer-reviewed articles, and several major computational modeling and risk management software packages. He has also won numerous university research and teaching awards.

Miranda currently serves on the Advisory Board of the Society for Computational Economics, and is an associate editor of both the Journal of Economic Dynamics and Control, and the Journal of Computational Economics. Miranda has been consultant to the World Bank, numerous private corporations, and several USDA branches, including the Office of the Chief Economist, the Economic Research Service, Risk Management Agency, and the Federal Crop Insurance Corporation.