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Gabor Virag

Gabor Virag

Associate Professor, Economic Policy & Analysis

Degrees:

PhD in Economics, Princeton University
MA in Economics, Central European University
BA in Economics, Budapest University of Economic Sciences

Phone:

416-978-2009

Bio

Gabor Virag is an Associate Professor, Economic Policy & Analysis in the Department of Management at the University of Toronto Mississauga, with a cross-appointment to the Economic Analysis and Policy area at Rotman. His research focuses on the dynamics of market interaction, using auction and search theoretic models to understand market conduct, allocation and efficiency. He has studied information policy choices in dynamic economies, the role of learning in markets with frictions, and dynamic contests. His scholarly articles appeared in the American Economic Journal, Games and Economic Behavior, International Economic Review, Review of Economic Studies and Theoretical Economics.

Academic Positions

  • 2011-

    Assistant, Associate Professor, University of Toronto

  • 2004-2011

    Assistant Professor, University of Rochester

Selected Publications - Papers

  • Learning and Price Discovery in a Search Model

    with Stephan Lauermann, Wolfram Merzyn

    Review of Economic Studies

    Issue:85/2

    2018

    Pages: 1159-1192

  • A Theory of Grand Innovation Prizes

    with Alberto Galasso and Matthew Mitchell

    Research Policy

    Issue:47

    2018

    Pages: 343-362

  • Multilateral Limit Pricing in Price-Setting Games

    with Eray Cumbul

    Games and Economic Behavior

    Issue:accepted

    2018

  • Auctions with resale: reserve prices and revenues

    Games and Economic Behavior

    Issue:99

    2016

    Pages: 239-249

  • Dynamic adverse selection with many types

    2016

  • Market Outcomes and Dynamic Patent Buyouts

    with Alberto Galasso and Matthew Mitchell

    International Journal of Industrial Organization

    Issue:48

    2016

    Pages: 207-243

  • First-price auctions with resale: the case of many bidders

    Economic Theory

    Issue:52/1

    2013

    Pages: 129-163

  • Auctions in Markets: Common Outside Options and the Continuation Value Effect

    with Stephan Lauermann

    American Economic Journal: Microeconomics

    Issue:4/4

    2012

    Pages: 107-130

  • High Profit Equilibria in Directed Search Models

    Games and Economic Behavior

    Issue:71/1

    2011

    Pages: 224-234

  • Market Power and Efficiency in a Search Model

    with Manolis Galenianos, Philipp Kricher

    International Economic Review

    Issue:52/1

    2011

    Pages: 85-103

  • Skill Requirement, Search Frictions, and Wage Inequality

    with Lawrence Uren

    International Economic Review

    Issue:52/2

    2011

    Pages: 379-406

  • Competing Auctions: finite markets and convergence

    Theoretical Economics

    Issue:5/2

    2010

    Pages: 241-274

  • Efficiency and Competition in the Long Run: the Survival of the Unfit

    Games and Economic Behavior

    Issue:67/1

    2009

    Pages: 315-330

  • Gambling by Auctions

    with Yaron Raviv

    International Journal of Industrial Organization

    Issue:27/3

    2009

    Pages: 369-378

  • Revenue maximizing auctions with market interaction and signaling

    with Jozsef Molnar

    Economics Letters

    Issue:99

    2008

    Pages: 360-363

  • Playing for Your Own Audience: Extremism in Two Party Elections

    Journal of Public Economic Theory

    Issue:10/5

    2008

    Pages: 891-922

  • Repeated Common Value Auctions with Asymmetric Bidders

    Games and Economic Behavior

    Issue:61/1

    2007

    Pages: 156-177

Research and Teaching Interests

My research concerns auctions, search theory, competing mechanisms, information aggregation in markets, and contests. My teaching is in economics, finance, and online markets.

Professional Affiliations/Memberships

  • Econometric Society

  • AEA

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