Economic Theory

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About our work 

Members of the group work with economic theory, both applied and pure. Our interests cover a wide range of fields including:

  • Bounded rationality
  • Contests
  • Economic dynamics
  • Economic growth
  • Environmental economics
  • General equilibrium
  • Imperfect competition
  • International trade
  • Networks
  • Public economics
  • Mathematical game theory
  • Fixed point theory
  • Repeated games

What we have in common beyond our interest in economics is that we develop formal theory to shed light on our research areas.

Our activities 

The group organises seminars and workshops. Meetings focus on ideas for new research and working towards grant applications.

See events from the cluster and across the school.

Get involved with our work 

The Economic Theory cluster is led by Lucas Pahl. 

Our group includes researchers at all levels, from established professors to early career researchers and PhD students.

We welcome enquiries from researchers within and beyond academia. Please reach out to Lucas to explore engagement opportunities or if you would like to know more about our activities.


Academic staff

Subhasish Modak Chowdhury

Aidas Masiliunas

Jolian McHardy

Antonio Navas

Juan Paez-Farrell

Lucas Pahl

Matthew Rablen

Eleni Stathopoulou

Mich Tvede


Representative publications

Govindan, Srihari, Rida Laraki, and Lucas Pahl (2023) On sustainable equilibria. Journal of Economic Theory.

Govindan, Srihari, Rida Laraki, and Lucas Pahl (2025) O’Neill’s Theorem for Games. Mathematics of Operations Research.

Citanna A & Tvede M (2024) Do taxspots matter? Journal of Economic Theory.

Chowdhury, Subhasish M., et al. (2025) Optimal reimbursement schemes in contests. Journal of Economic Behavior & Organization.

Naraidoo R & Juan Paez-Farrell (2023) Commodity price shocks, labour market dynamics and monetary policy in small open economies. Journal of Economic Dynamics and Control.

Kasper M & Matthew Rablen (2023) Tax Compliance After an Audit: Higher or Lower? Journal of Economic Behavior & Organization.

Li J, Gamannossi Degl'Innocenti D & Matthew Rablen (2023) Marketed Tax Avoidance: An Economic Analysis. Scandinavian Journal of Economics.

Cuadros A, Antonio Navas & Paniagua J (2022) Moving ideas across borders: Foreign inventors, patents and FDI. World Economy.

Aidas Masiliunas (2023) Learning in Rent-Seeking Contests with Payoff Risk and Foregone Payoff Information. Games and Economic Behavior.

Del Ponte A, Aidas Masiliunas & Lim N (2023) Information about historical emissions drives the division of climate change mitigation costsNature Communications.

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