Personal Webpage: http://homepages.econ.ed.ac.uk/~sakovics/
Education
- Ph.D. in
Business/Decision Sciences (1990) Graduate School of Business, Stanford
University. Advisors: Robert Wilson and Faruk Gül.
- M.Sc. in Operations
Research (1989), Stanford University.
- B.Sc. in Electrical
Engineering/System Planning (1986), Technical University of Budapest.
Academic
Career
- Collaborating
Researcher, Universitat de les Illes Balears, April 2019 –
- Professor (Personal
Chair in Economic Theory), University of Edinburgh, October 2003 –
- Reader, University of
Edinburgh, June 2000 – September 2003.
- Associate Professor, Institut d'Anàlisi Econòmica, CSIC, Barcelona. September 1995 – May 2000.
- Assistant Professor, Institut d'Anàlisi Econòmica, CSIC, Barcelona. September 1991 – August
1995.
- Research Fellow, CentER, Tilburg, Holland, September 1990 – February
1991.
Visiting
Positions
- Universitat de les Illes Balears, January –
March 2018, 2019
- European University
Institute, October 2017
- UC Santa Cruz, August
2010 – July 2011
- UC San Diego, July –
August 1998
- Stanford University,
March – August 1991.
Research
Interests
- Applied game theory
- Price formation in
decentralised markets
- Consumer theory
Publications
in Refereed Journals
- “Delay in bargaining
games with complete information”, Journal of Economic Theory 59,
78-95 (1993).
- “Intertemporal transfer
institutions” (with Joan Esteban), Journal of Economic Theory 61,
189-205 (1993).
- “Must sell” (with Luís Cabral), Journal of Economics and Management
Strategy 4(1), 55-68 (1995).
- “The war of attrition
with incomplete information” (with Clara Ponsatí),
Mathematical Social Sciences 29, 239-254 (1995).
- “Multi-person bargaining
over two alternatives” (with Clara Ponsatí), Games
and Economic Behavior 12(2), 226-244
(1996).
- “Reserve prices without
commitment” (with Roberto Burguet), Games and Economic Behavior 15(2), 149-164 (1996).
- “Costly transfer
institutions and the core in an overlapping generations model” (with Merwan Engineer and Joan Esteban), Journal of
Economic Behavior and Organization 32(2),
287-300 (1997).
- “Sequential auctions
with supply or demand uncertainty” (with Roberto Burguet), Revista Española de Economía
14(1), 23-40 (1997).
- “Rubinstein bargaining
with two-sided outside options” (with Clara Ponsatí),
Economic Theory 11, 667-672 (1998).
- “Imperfect competition
in auction designs” (with Roberto Burguet), International Economic
Review 40(1), 231-247 (1999).
- “Delegated bargaining
and renegotiation” (with Helmut Bester), Journal of Economic Behavior and Organization 45, 459-473 (2001).
- “Games of incomplete
information without common knowledge priors,” Theory and Decision
50, 347-366 (2001). (Reprinted in Game Theory in the Tradition of Bob
Wilson (B. Holmstrom, P. Milgrom and A. Roth eds.) May
2002, Berkeley Electronic Press, www. bepress.com/wilson/)
- “Walras
retrouvé: decentralized trading mechanisms and
the competitive price,” (with Gianni De Fraja) Journal of Political
Economy 109(4), 842-863 (2001).
- “Randomly available
outside options in bargaining” (with Clara Ponsatí),
Spanish Economic Review 3(4), 231-252 (2001).
- “Speculating against an overconfident
market” (with Jordi Caballé), Journal of
Financial Markets 6(2), 199-225 (2003).
- “Auctions for
split-award contracts” (with Martin Perry), Journal of Industrial
Economics 51(2), 215-242 (2003).
- “Mediation: Incomplete
information bargaining with filtered communication” (with Xavier Jarque and Clara Ponsatí), Journal
of Mathematical Economics 39(7), 803-830 (2003).
- “Olson vs. Coase:
coalitional worth in conflict,” (with Joan Esteban) Theory and
Decision 55(4), 339-357 (2003).
- “A dynamic theory of
hold-up,” (with Yeon-Koo Che), Econometrica 72(4), 1063-1103
(2004).
- “Inter-league
competition for talent vs. competitive balance,” (with Frédéric
Palomino) International Journal of Industrial Organization 22(6),
783-797 (2004).
- “A meaningful two-person
bargaining solution based on ordinal preferences,” Economics Bulletin
3(26), 1-6 (2004).
- “Collective versus
individual sale of television rights in league sports,” (with Sonia Falconieri and Frédéric
Palomino) Journal of the European Economic Association, 5(2),
833-862 (2004). Appeared in Italian in Rivista
di Diritto ed
Economia dello Sport,
1(3), 67-88 (2005).
- “A Decentralized Market
for a Perishable Good” (with Ahmed W. Anwar) B.E. Journal of
Theoretical Economics, 7(1) (Contributions), Article 7 (2007).
Available at: http://www.bepress.com/bejte/vol7/iss1/art7.
- “Queues,
not just mediocrity: Inefficiency in decentralized markets with vertical
differentiation” (with Clara Ponsatí) International
Journal of Industrial Organization, 26 (4), 998-1014 (2008).
- “A
theory of agreements in the shadow of conflict: The genesis of bargaining
power” (with Joan Esteban) Theory and Decision, 65, 227-252
(2008).
- “Reference distorted prices” Quantitative
Marketing and Economics, 9 (4), 339-363 (2011).
- “Exclusive Nightclubs and Lonely Hearts Columns:
Non-monotone Participation in Optional Intermediation” (with Gianni De
Fraja) Journal of Economic Behavior and
Organization , 84, 618-632 (2012).
- “Who matters in coordination problems?”
(with Jakub Steiner) American Economic Review, 102 (7), 3439-61
(2012).
- “Revealed
Cardinal Preference” Economic Theory Bulletin, 1 (1), 39-45
(2013).
- “Spillovers of equal treatment
in wage offers” (with Kohei Kawamura) Scottish Journal of
Political Economy, 61(5), 487-501 (2014).
Other
Publications
- “Utilization profiles and
bottleneck analysis for wafer fabrication facilities,” (with Anne Spence)
Technical Report, Center for Integrated Systems,
Stanford University, October 1987.
- “Bargaining in a changing environment” (with
Clara Ponsatí) invited paper in A. Alkan, C.D. Aliprantis and
N.C. Yannelis (eds.) Current Trends in
Economics, Springer Verlag, 389-404 (1999).
- “Hold-up problem”
(with Yeon-Koo Che) invited entry to the 2nd Edition of the New
Palgrave Dictionary of Economics (2008).
Currently
Submitted Work
Work
in Progress
- “Block
sourcing” (with Lluís Bru and Daniel Cardona)
- “Beating
Coase at Monopoly” (with Lluís Bru and
Daniel Cardona)
- “Affirmative action and
optimal procurement” (with Lluís Bru and Daniel Cardona)
- “Head-on competition and
advance sales” (with Lluís Bru)
- “Competing in Corporate
Social Responsibility” (with Aleix Calveras)
- “Disciplining the
information designer” (with Ina Taneva)
- “The fallible G.O.D.
refinement”
Editorial
Services
- Bulletin of Economic Research (2000 – 2009),
Associate Editor
- Spanish Economic Review (2004 – 2006),
Associate Editor
- Journal of Industrial Economics (2006 – 2011),
Associate Editor
- Journal of Mechanism and Institution Design (2016 – ), Associate Editor.
Journal
Refereeing
American Economic Journal: Microeconomics, American Economic Review, Annales d'Economie et de Statistique, B.E. Journal of Theoretical Economics,
Canadian Journal of Economics, Econometrica, Economic Inquiry, Economic
Journal, Economic Modelling, Economic Theory, Economics Bulletin, Economics of
Governance, Economics Letters, European Economic Review, Games and Economic Behavior, International Economic Review, International Game
Theory Review, International Journal of Game Theory, International Journal of
Industrial Organization, International Review of Economics, Investigaciones
Económicas, Journal of Economic Behavior
and Organization, Journal of Economic Dynamics and Control, Journal of Economic
Psychology, Journal of Economic Surveys, Journal of Economic Theory, Journal of
Economics, Journal of Economics and Management Strategy, Journal of the
European Economic Association, Journal of Law Economics and Organization,
Journal of Mathematical Economics, Journal of the Operational Research Society,
Journal of
Political Economy, Journal of
Public Economic Theory, Journal of Sports Economics, Mathematical Social
Sciences, Peace Economics Peace Science and Public Policy, Quantitative
Marketing and Economics, Quarterly Journal of Economics, RAND Journal of
Economics, Recherches Economiques
de Louvain, Review of Economic Design, Review of Economic Studies, Review of
Finance, Scandinavian Journal of Economics, Social Choice and Welfare,
Theoretical Economics, Theory and Decision.
Other
Refereeing
CSF (Czech Republic), ERC (EU), Carnegie Trust and
ESRC (UK), ANEP (Spain), OTKA (Hungary), QNRF (Qatar), RGC (Hong Kong), SSHRC
(Canada).
Conference
Programme Committees
- The European Association
for Research in Industrial Economics Conference, Ljubljana 2009, Istanbul
2010, Stockholm 2011, Rome 2012, Évora 2013,
Milan 2014, Munich 2015, Lisbon 2016, Maastricht 2017, Athens 2018
- The European Economic
Association Annual Congress, Madrid 2004 and Amsterdam 2005
- The European Meeting of
the Econometric Society, Berlin 1998, Venice 2002 and Budapest 2007
- The Royal Economic
Society Job Market, 2006 and 2007
- The XXI Simposio de Análisis Económico, Barcelona, 1996.
Conference
and Workshop Presentations (listed alphabetically)
- (Conference on) Auctions
and Markets, Heidelberg (2000)
- Barcelona Economics
Workshop on Auctions (discussant) (2005)
- CEPR Conference on
Market Microstructure, Barcelona (1996)
- CEPR European Summer
Symposium on Economic Theory, Gerzensee (invited
participant) (1994, 1995)
- Econometric Society
European Meeting, Brussels (1992), Toulouse (1997) and Budapest (2007)
- Econometric Society
World Congress, Barcelona (1990)
- ESRC Game Theory
Workshop, Kenilworth (1999)
- European Association for
Research in Industrial Economics Conference, Tel Aviv (1993), Rome (2012),
Lisbon (2016) and Athens (2018)
- European Workshop on
General Equilibrium Theory, Florence (1991)
- Game Theory and Related
Topics, Pescara (2003)
- Hungarian Academy of
Sciences, Summer Workshop, Budapest (2003)
- Hungarian Science Club UK,
London (2016)
- Hungarian Society for
Economics (invited, plenary lecture) (2009)
- International Conference
on Game Theory, Stony Brook (1992)
- International Conference
on Organizations and Games, Luminy (1990) and
Louvain-La-Neuve (1992)
- International Economic
Congress of Central Catalonia, Manresa (1999)
- International Game
Theory Conference in honour of Robert Aumann,
Toronto (1995)
- International Workshop
on Game Theory and Politics, Santiago de Compostela
(1996)
- (Meeting of the) Italian
Game Theory Society, Milan (1997)
- Jornadas de Economía
Industrial, Palma de Mallorca (2016) and Barcelona (2018)
- (Mini-conference on)
Procurement, Edinburgh (organiser and discussant) (2016, 2017) and Orlando
(discussant) (2018)
- Search and Matching Conference,
Edinburgh (poster) (2014)
- (Workshop honouring
Joaquim) Silvestre, Barcelona (2013)
- Simposio de Análisis
Económico, Barcelona (1991, 1992) and Palma de
Mallorca (2014)
- UBC-UHK Summer Micro
Seminars, Hong Kong (2013)
- York Economic Theory
Workshop (2013)
- ZEW Workshop on Market
Design (2017)
Guest
Lectures
Staff seminars at: UBC [Canada]; Cergy-Pontoise, Fourgeaud Seminar
(Paris) and Roy Seminar (Paris) [France]; Bonn [Germany]; Central European
University [Hungary]; Ca’ Foscari (Venice), European
University Institute (Florence) and U. Padua [Italy]; Amsterdam(CREED),
Nijmegen, Rotterdam and Tilburg [The Netherlands]; Universidad Nova de Lisboa [Portugal]; U. de Alicante, U. Autònoma
de Barcelona, U. de les Illes Balears,
U. Pompeu Fabra, U. Carlos
III and U. de Zaragoza [Spain]; Stockholm School of Economics [Sweden];
Birmingham, Bristol, Cambridge, Dundee, Edinburgh, Essex, Exeter, Glasgow,
Heriot-Watt, Leicester, Manchester, Newcastle, Queen Mary, St. Andrews,
Southampton, Stirling and UCL [UK]; ASU, BU, Stanford, UC Davis, UCLA, UC San
Diego and UC Santa Cruz [US].
Grants
and Awards
- Excellence
in Refereeing Award 2018, American
Economic Review.
- “Transparency in
Procurement” (Principal Investigator), ESRC Research Grant, 2016-2018.
Total value: £777,621. In partnership with NHS Scotland.
- “Exploratory Workshops
in Bargaining Theory” (participant), research network financed by the
European Science Foundation, 1999-2001. (Coordinator: Clara Ponsatí)
- “Games and Markets”
(Coordinator of the Barcelona group), Human Capital and Mobility research
network financed by the EU, 1995-1998. (Coordinator: Helmut Bester.)
- “Advances in the applied
microeconomics of markets and organisations: dynamic competition,
strategic interaction and regulation” (participant), research project
financed by the Interministerial Commission on
Science and Technology (CICYT) of Spain, 1994-1999. (Principal researcher:
Xavier Vives.)
- “Dynamic economies and
income distribution” (participant), research project financed by the Interministerial Commission on Science and Technology
(CICYT) of Spain, 1991-1994. (Principal researcher: Joan Mª Esteban.)
- Jean Monnet
Post-Doctoral Research Fellowship, the European University Institute in
Florence (Awarded in 1990, but did not take it up).
- Graduate Student Fellow,
Stanford Center on Conflict and Negotiation,
1989-1990.
Ph.D.
Thesis Supervision
- Fabrice Rousseau,
1996-1999. Graduated (cum laude) in the International Doctorate in
Economic Analysis, Barcelona. First job: Maynooth
College.
- Paolo Balduzzi (co-supervisor) 2002-2005. Successful Viva in
November 2005. First job: Milan Bicocca.
- Fang Yi (second
supervisor) 2003-2004, (principal supervisor) 2004-2007. Successful Viva
in March 2007. First job: returned to China.
- Duncan Whitehead (second
supervisor) 2003-2008. Successful Viva in November 2008. First job:
Scottish Executive.
- Bruce Teubes (principal supervisor) 2005-2009. Successful
Viva (MPhil) in March 2009. First job: Scottish Executive.
- Alla Doubrovina
(second supervisor), 2006-2009. Successful Viva in November 2009. First
job: Boston Consulting Group.
- Sascha Mohr (second
supervisor), 2006-2011. Successful Viva in November 2011.
- Feng Ruan
(principal supervisor), 2008-2011. Successful Viva in November 2011. First
job: Postdoc at Guosen Securities.
- James Best (second
supervisor), 2009-14. Successful Viva in April 2014. First job: Oxford
Postdoc.
- Kimon Doulis
(second supervisor), 2010-2014. Successful Viva in January 2015. First
job: Assistant Economist at Department for BIS.
- Man Si (principal
supervisor), 2010(Jan)-2015. Successful Viva in June 2015. First job:
Market Researcher at Zalando.
- Sareh Vosooghi
(principal supervisor), 2011-12, (second supervisor) 2013-2016. Successful
Viva in May 2016. First job: Tutor at Oxford.
- Ibrahim Inal (principal
supervisor), 2013(Jan)-16. Successful Viva in December 2016. First job: TF
at Durham.
- Steven Kerr (principal
supervisor), 2016-2019. Successful Viva in August 2019. First job: ThinkTank Maths.
- Justus Laugwitz
(principal supervisor), 2015-
- Sean Ferguson (principal
supervisor), 2016-2017, (joint supervisor) 2017-
Administrative
Experience
- Interim Head of School:
October 2019-
- Member of the School of
Economics REF Committee: 2019-
- Member of the AHSS
College Promotions Committee: 2017
- Member of the School of
Economics Management Committee: 2009-10, August 2011-July 2017
- Research Director of the
School of Economics: August 2013-July 2017
- Member of the School of
Economics Staff Committee: January 2012-July 2017
- Prepared the REF2014 submission
of Unit 18 (Economics and Econometrics) of the UoE.
- Member of the School of
Economics Ethics Committee: September 2012-July 2014.
- Member of the Executive
Committee of the Scottish Institute for Research in Economics (SIRE): July
2012-August 2013.
- Coordinator of SIRE's
Behaviour, Incentives and Contracts Programme: July 2012-August 2013.
- Member of the School of
Economics Research Committee: August 2011- July 2013.
- Member of the HSS
College Promotions Committee: 2010, 2012.
- School Academic Misconduct
Officer: 2009-10.
- Head of Department:
2008-2009.
- Chairman of Examiners,
Scottish Graduate Programme in Economics: 2007-2008.
- Prepared the RAE2008
submission of Unit 34 (Economics and Econometrics) of the UoE.
- Acting Research Director
of the Management School and Economics: March-July 2004.
- Prepared the RAE2001
submission of Unit 38 (Economics and Econometrics) of the UoE.
- Member of the Executive
Committee of the International Doctorate in Economic Analysis of the Universitat Autònoma de
Barcelona: 1995-1997.
External
Examining of Doctoral Degrees
- Maria de los Angeles De Frutos, July
94, Universitat Autònoma
de Barcelona
- Albert Burgos, December
95, Universitat Autònoma
de Barcelona
- Daniel Cardona, June 97,
Universitat Autònoma
de Barcelona
- Sarah Parlane, September 97, Universitat
Autònoma de Barcelona
- Antonio Quesada,
September 99, Universitat Autònoma
de Barcelona
- Giovanni Cespa, November 99, Universitat
Autònoma de Barcelona
- Antoni Cunyat, September 2001, Universitat
de Valencia
- Mercedes Adamuz, December 2002, Universitat
Autònoma de Barcelona
- Nikolaos Lionis, January 2003, University of Bristol
- Andrew Lilico, April 2003, University of London
- Beatriz de Otto, July
2003, Universitat Autònoma
de Barcelona
- Mike Armitage, February 2007,
University of London
- Neil Ferguson, August
2012, Heriot-Watt University
Teaching
Experience
- Undergraduate courses in
Edinburgh: Intermediate Microeconomics, Economics of Strategic Behaviour,
Uncertainty (2nd year), The Economics of Sport.
- Graduate courses in
Barcelona: Industrial Organisation, Game Theory, Topics Course on
Bargaining Theory.
- Graduate course in
Edinburgh (Scottish Graduate Programme in Economics): Advanced Topics in
Microeconomics.
Languages
Fluent in Hungarian, English, Spanish and Catalan.
Intermediate level French.
Edinburgh School of Economics