Prof Tim Worrall
Professor of Economics
Address
- Street
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Room 3.09
31 Buccleuch Place - City
- Post code
Background
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.
Postgraduate teaching
My primary teaching interests are in economic theory, industrial organisation, game theory, asset pricing, derivatives and risk management.
Current PhD students supervised
- Aodi Tang (Edinburgh), started 2013.
- Sikandar Soin (Edinburgh), started 2016.
- Pongpalin Yingchoncharoen (Edinburgh), started 2016.
Past PhD students supervised
- 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 (Teaching Associate, University of Lancaster), 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.Research activities
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Dynamic relational contracts under complete information
(28 pages)
In:
Journal of Economic Theory, vol. 175, pp. 624-651
DOI: https://doi.org/10.1016/j.jet.2018.02.004
Contribution to journal › Article (Published) -
Portfolio sales and signaling
(10 pages)
In:
Journal of Banking & Finance, vol. 99, pp. 182-191
DOI: https://doi.org/10.1016/j.jbankfin.2018.12.008
Contribution to journal › Article (E-pub ahead of print) -
Stochastic stability of monotone economies in regenerative environments
(26 pages)
In:
Journal of Economic Theory, vol. 173, pp. 334-360
DOI: https://doi.org/10.1016/j.jet.2017.11.004
Contribution to journal › Article (Published) -
Sustainable Intergenerational Insurance
Contribution to conference › Paper (Published) -
Portfolio Sales and Signaling
(36 pages)
(Published)