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

Undergraduate teaching

Introductory Financial Economics

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 28 publications on Research Explorer