Tim Worrall


Accepting PhD Students

PhD projects

Economic Theory, Economics of Information, Contract, Theory, Economic Dynamics

Personal profile



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.

Research Interests

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.

Research students

Former Students

  • Sikandar Soin (Data Analyst, Ministry of Justice, Edinburgh), graduated Edinburgh University 2022.
  • Aodi Tang (Economist, UBS, London), graduated Edinburgh University 2018.
  • Pongpalin Yingchoncharoen, (Lecturer, Thammasat University, Thailand), graduated with MRes in Economics, Edinburgh University 2018.
  • Rongyu Wang (Lecturer, Shandong University of Arts, China), graduated Edinburgh University 2016.
  • Sareh Vosooghi (Assistant Professor, Department of Economics, KU Leuven, Belgium), graduated Edinburgh University, 2016.
  • Vasco Filipe de Figueiredo Alves (Lectuer in Economics, University of Birmingham), graduated Edinburgh University, 2016.
  • Michael King, graduated University of Manchester, 2011.
  • Ioannis Lazopoulos (Senior Lecturer in Economics, University of Surrey), graduated Keele University, 2006.
  • Alex Dickson (Reader in Economics, University of Strathclyde), graduated Keele University, 2005.
  • Svetlana Andrianova (Reader/Associate Professor in Economics, University of Leicester), graduated London South Bank University, 2001.



My primary teaching interests are in economic theory, industrial organisation, game theory, asset pricing, derivatives and risk management.

Education/Academic qualification

Economics, Doctor of Philosophy (PhD), Labour Contact Theory, University of Liverpool

Award Date: 2 Jun 1983

Economics, Master of Economics, University of Essex

Award Date: 10 Jul 1980

Economics, Bachelor of Economics, University of Liverpool

Award Date: 6 Jul 1978


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