Emre Ozdenoren

Professor of Economics

PhD (Northwestern)

Professor Emre Ozdenoren is an expert in microeconomics, decision making under uncertainty, behavioural economics, game theory and auction theory. More recently, he has focused his research on financial markets and, in particular, feedback effects between financial markets and the real economy.

Before joining the School as a Term Chaired Professor of Economics, he was an Associate Professor of Economics at University of Michigan. He is also a Research Fellow at the CEPR.

His research has been published in leading economics journals across the world including the Review of Economic Studies, Journal of Finance, RAND Journal of Economics and the Journal of Economic Theory.


Dynamic Asset Backed Security Design

Ozdenoren E; Yuan K; Zhang S

Review of Economic Studies 2023 Vol 90:6 p 3282-3314

The effects of rivalry on scientific progress under public vs private learning

Hoppe-Wewetzer H; Katsenos G; Ozdenoren E

Journal of Economic Theory 2023 Vol 212 p 10572 In Press


Profit Sharing and Incentives

Ozdenoren E; Rubanov O

International Journal of Industrial Organization 2022 Vol 83

Uncertainty and compound lotteries: calibration

Halevy Y; Ozdenoren E

Economic Theory 2022 Vol 74 p 373-395


Willpower and compromise effect

Masatlioglu Y; Nakajima D; Ozdenoren E

Theoretical Economics 2020 Vol 15:1 p 279-313


Dynamic coordination with flexible security design

Ozdenoren E; Yuan K; Zhang S

Social Sciences Research Network


Contractual externalities and systemic risk

Ozdenoren E; Yuan K

Review of Economic Studies 2017 Vol 84:4 p 1789-1817


Trading frenzies and their impact on real investment

Goldstein I; Ozdenoren E; Yuan K

Journal of Financial Economics 2013 Vol 109:2 p 566-582

Why can’t a woman bid more like a man?

Chen Y; Katuscak P; Ozdenoren E

Games and Economic Behavior 2013 Vol 77:1 p 181-213


Willpower and the optimal control of visceral urges

Ozdenoren E; Salant S; Silverman D

Journal of European Economic Association 2012 Vol 10:2 p 342-368


Coarse matching with incomplete information

Ozdenoren E; Hoppe H; Moldovanu B

Economic Theory 2011 Vol 47:1 p 75-104

Learning and complementarities: Implications for speculative attacks

Ozdenoren E; Goldstein I; Yuan K

Review of Economic Studies 2011 Vol 78:1 p 263-292


Ambiguity aversion, games against nature, and dynamic consistency

Ozdenoren E; Peck J

Games and Economic Behavior 2008 January Vol 62:1 p 106-115

Durable goods and conformity

Ozdenoren E; House C

Rand Journal of Economics 2008 Summer Vol 39:2 p 452-468

Feedback effects and asset prices

Ozdenoren E; Yuan K

Journal of Finance 2008 August Vol 63:4 p 1939-1975


Sealed bid auctions with ambiguity: theory and experiments

Ozdenoren E; Chen Y; Katuscak P

Journal of Economic Theory 2007 September Vol 136:1 p 513-535

Subjective recursive expected utility

Ozdenoren E; Klibanoff P

Economic Theory 2007 January Vol 30:1 p 49-87


Optimal auctions with ambiguity

Ozdenoren E; Bose S; Pape A

Theoretical Economics 2006 December Vol 1:4 p 411-438


Immediation in innovation

Ozdenoren E; Hoppe H

International Journal of Industrial Organization 2005 June Vol 23:5-6 p 483-503


Auctions with uncertain numbers of bidders

Ozdenoren E; Levin D

Journal of Economic Theory 2004 October Vol 118:2 p 229-251


Probabilistic representation of complexity

Ozdenoren E; Al-Najjar N; Casadesus-Masanell R

Journal of Economic Theory 2003 June Vol 111:1 p 49-87


Completing the state space with subjective states

Ozdenoren E

Journal of Economic Theory 2002 May Vol 105:2 p 531-539


Maxmin expected utility over savage acts with a set of priors

Ozdenoren E; Casadesus-Masanell R; Klibanoff P

Journal of Economic Theory 2000 May Vol 92:1 p 35-65

Maxmin expected utility through statewise combinations

Ozdenoren E

Economics Letters 2000 January Vol 66:1 p 49-54


Experimentation, learning, and preemption

Hoppe-Wewetzer H C; Katsenos G; Ozdenoren E

CEPR discussion paper


Dynamic liquidity-based security design

Ozdenoren E; Yuan K; Zhang S

CEPR Discussion Paper


Profit sharing and incentives

Ozdenoren E; Rubanov O

CEPR Discussion Paper

Willpower and compromise effect

Masatlioglu Y; Nakajima D; Ozdenoren E

CEPR Discussion Paper

Teaching portfolio

Our teaching offering is updated annually. Faculty and programme material are subject to change.