Professor Tim Worrall

Professor of Economics


Educated at Liverpool and Essex Universities and graduated with a PhD in Economics from Liverpool University in 1983. Previously a member of Professor Frank Hahn's ESRC project on Risk, Information and Quantity Signals in Economics at Cambridge University 1983-85 and part of the DFG Sonderforschungsbereich 178 on the Internationalization of the World Economy at Konstanz and Kiel Universities, 1987-1990. Also Assistant Professor at the University of Western Ontario, Reading University and Liverpool University, Professor of Economics at Keele University 1996-2008 and Hallsworth Research Fellow in Political Economy at the University of Manchester, 2008-2011.


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Responsibilities & affiliations

Senior Fellow, The Rimini Centre for Economic Analysis.

Open to PhD supervision enquiries?


Areas of interest for supervision

I am available to spervise in the areas of dynamic contract theory, credit and labour markets.

Past PhD students supervised

  • Sikandar Soin (Data Analyst, Ministry of Justice, UK), graduated, Edinburgh University 2022.
  • Aodi Tang (Economist - Scenario Analysis, UBS, London), graduated Edinburgh University 2018.
  • Pongpalin Yingchoncharoen (Thammast University, Thailand), graduated with MRes in Economics, Edinburgh University 2018.
  • Rongyu Wang (Information Research Institute, Shandong Academy of Sciences, China), graduated Edinburgh University, 2016.
  • Sareh Vosooghi (Assistant Professor, University of Leuven, Belgium), graduated Edinburgh University, 2016
  • Vasco Filipe de Figueiredo Alves (Assistant Professor, University of Birmingham), graduated Edinburgh University, 2016.
  • Michael King, graduated University of Manchester, 2011.
  • Ioannis Lazopoulos (Senior Lecturer in Economics, University of Surrey), graduated Keele University, 2006.
  • Alex Dickson (Reader in Economics, University of Strathclyde), graduated Keele University, 2005.
  • Svetlana Andrianova (Reader (Associate Professor) in Economics, University of Leicester), graduated London South Bank University, 2001.

Research summary

My principal research interests (with corresponding JEL classification) are: Game Theory and Bargaining Theory (C7) • Market Structure and Pricing (D4) • Information and Uncertainty (D8) • Intertemporal Choice and Growth (D9) • Consumption, Saving, Production, Employment and Investment (E2) • Financial Markets (G1) • Corporate Finance and Governance (G3) • Regulation and Industrial Policy (L5). My main areas of current research are in limited commitment, principal-agent problems and contract theory, risk and uncertainty and network design.

Current research interests

Contract Theory; Risk and Uncertainty; Network Design.

View all 29 publications on Research Explorer