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

Convenor of Honours Examination Board

UoA16 Economics and Econometrics Coordinator

Postgraduate teaching

Asset Pricing (SGPE)

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.

Current PhD students supervised

  • Sikandar Soin (Edinburgh), started 2016.

Past PhD students supervised

  • Aodi Tang (Economic Model Analyst, Risk Stratergy, HSBC Bank, Edinburgh), graduated Edinburgh University 2018.
  • Pongpalin Yingchoncharoen, graduated with MRes in Economics, Edinburgh University 2018.
  • Rongyu Wang (Post Doctoral Fellow, Wilfrid Laurier University, Canada), graduated Edinburgh University, 2016.
  • Sareh Vosooghi (Stipendary Lecturer, St Edmund Hall, Oxford), graduated Edinburgh University, 2016
  • Vasco Filipe de Figueiredo Alves (Lecturer, University of Birmingham), graduated Edinburgh University, 2016.
  • Michael King, graduated University of Manchester, 2011.
  • Ioannis Lazopoulos (Lecturer in Economics, University of Surrey), graduated Keele University, 2006.
  • Alex Dickson (Senior Lecturer in Economics, University of Strathclyde), graduated Keele University, 2005.
  • Svetlana Andrianova (Reader 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 26 publications on Research Explorer