Economic theory

Read more about our research in economic theory.


Our department conducts research on economic theory, including:

  • choice under risk/uncertainty and applications of ambiguity preferences;
  • behavioural and experimental economics;
  • industrial organisation;
  • public economics and political economy;
  • risk and insurance economics;
  • game theory and applications;
  • information economics, contracts, social choice, mechanism design;
  • mathematical finance (in particular, evolutionary finance);
  • random dynamical systems in economics and finance;
  • evolutionary games; and
  • stochastic models of economic equilibrium.

Some research is at the boundary between economics and other disciplines including mathematics, poverty measurement and modern political economy. 


  • David Delacretaz - applied microeconomic theory, market design, matching theory, mechanism design.
  • Indranil Dutta - development economics, poverty measurement, welfare and deprivation, corruption and conflict, political economy.
  • Omer Edhan - game theory, evolutionary games and stochastic processes.
  • Igor Evstigneev - mathematical economics and finance, behavioural and evolutionary finance, economic theory, random dynamical systems, stochastic optimisation and games.
  • Leonidas Koutsougeras - economic theory, general equilibrium, financial economics, asymmetric information, imperfect competition.
  • Paul Madden - public and welfare economics, the economics of crime and corruption, imperfect competition, oligopsony/oligopoly models, industrial organisation, the economics of professional sport.
  • Antonio Nicolo - mechanism design, social choice theory, political economy.
  • Mario Pezzino - applied microeconomic theory, industrial organisation.
  • Carlo Reggiani - industrial organisation, competition policy, microeconomics.
  • Alejandro Saporiti - microeconomic theory, political economy, social choice.
  • Klaus Schenk-Hoppe - financial economics, financial markets and trading, computational economics and finance, dynamic economic theory, random dynamic systems theory.
  • Chris Wallace - game theory and information.
  • Craig Webb - preference foundations, ambiguity preferences and applications, time preferences, game theory.
  • Horst Zank - foundations for risk and time preferences, uncertainty and ambiguity, behavioural economics, experimental economics, game theory, welfare and poverty measurement.

Theory seminar

Regular presentations by colleagues from other institutions take place in our weekly seminar series.