Prof. Dr. Dezsö Szalay
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Telefon: + 49 (0) 228 73 3926
Fax:
+ 49 (0) 228 73 9493
Email: szalay(at)uni-bonn.de
Raum: 054
Sprechstunde: Mittwochs 14:00-16:00
Research
Interests:
Contract Theory, Economics
of Information, Financial Contracting, Industrial Organization, Game Theory
Seminars:
BGSE Micro Workshop (Wednesdays 12:15-13:30,
055)
Micro Theory Seminar (Wednesdays 16:15-17:30,
faculty meeting room)
Current Teaching
Summer-term
Phd Readinggroup on
Sequential Screening
Past Teaching:
Project module for
Masterstudents
Publications:
The
Economics of Extreme Options and Clear Advice (2005) Review of Economic Studies 72, 1173-1198
Contracts
with Endogenous Information (2009) Games and Economic Behavior
65 pp. 586-625
Taxes
and Employment Subsidies in Optimal Redistribution Programs (2009) American Economic
Review 99(1), pp. 216-242 )(joint with Paul Beaudry and Chuck Blackorby) (this
version as of March 2008)
Cash breeds Success: The Role of
Financing Constraint in Patent Races (2010) Review of Finance 14(1), 73-118 (joint
with Enrique Schroth) (this version as of 2009)
Working papers:
Innovation Races and the Strategic
Role of Cash Holdings:
Evidence from Pharmaceutical Patents (October 2007) (joint with Enrique
Schroth)
Communicating
with a Team of Experts (November 2005) (joint with Ramon Arean)
Multidimensional
Screening, Affiliation, and Full Separation (June 2007) (joint with Chuck Blackorby)
Regulating a
Monopolist with unknown costs and unknown quality capacity (June 2008) (joint with Chuck
Blackorby)
Monopoly,
Non-linear Pricing, and Imperfect Information: A Reconsideration of the
Insurance Market
(September 2008)
Sequential
Innovations and Intellectual Property Rights (September 2008) (joint with Frederic Payot)
Work in Progress/ Projects:
Information Acquisition and
the Problem of Delegated Portfolio Management
Incentive Compatible Risk
Sharing
Rewarding the Competent:
Managerial Compensation with Adverse Selection
A Theory of Optimal
Experimentation
Optimal Contracting and
Strategic Interaction (joint with Armin Schmutzler and Enrique Schroth)