Education

BA Economics - Athens University of Economics and Business Greece 1990
MA Economics - Athens University of Economics and Business Greece 1992
MS Mathematics - University of Illinois at Champaign-Urbana 1996
Ph.D. Economics - University of Illinois at Champaign-Urbana 1998

Selected Works

Articles

Dai, Mian , Liu, Qihong and Serfes, Konstantinos . “Is the effect of competition on price dispersion non-monotonic? Evidence from the US airline industry” REVIEW OF ECONOMICS AND STATISTICS . (forthcoming)

Liu, Qihong and Serfes, Konstantinos . “Price discrimination in two-sided markets” JOURNAL OF ECONOMICS AND MANAGEMENT STRATEGY . (forthcoming)

Kotsogiannis, Christos and Serfes, Konstantinos . “The comparison of ad-valorem and specific taxation under uncertainty” JOURNAL OF PUBLIC ECONOMY THEORY . (forthcoming)

Serfes, Konstantinos and Zacharias, Eleftherios . “Location Decisions of Competing Networks” JOURNAL OF ECONOMICS AND MANAGEMENT STRATEGY 21.4 (Dec 2012):989-1005

Duchene, Anne and Serfes, Konstantinos . “Patent Settlements as a Barrier to Entry” JOURNAL OF ECONOMICS AND MANAGEMENT STRATEGY 21.2 (Summer 2012):399-429

Chen, Min and Serfes, Konstantinos . “Minimum Quality Standard Regulation under Imperfect Quality Observability” JOURNAL OF REGULATORY ECONOMICS 41.2 (Apr 2012):269-291

Kotsogiannis, Christos and Serfes, Konstantinos . “Public goods and tax competition in a two-sided market” JOURNAL OF PUBLIC ECONOMY THEORY 2.12 (Mar 2010):281-321

Rennhoff, Adam and Serfes, Konstantinos . “The role of upstream-downstream competition on bundling decisions: Should regulators force firms to unbundle?” JOURNAL OF ECONOMICS AND MANAGEMENT STRATEGY 18.2 (Summer 2009):547-588

Rennhoff, Adam and Serfes, Konstantinos . “Retailer price distributions and promotional activities” ECONOMICS LETTERS 103. (Mar 2009):91-95

Serfes, Konstantinos . “Endogenous matching in a market with heterogeneous principals and agents.” INTERNATIONAL JOURNAL OF GAME THEORY 36. (Feb 2008):587-619

Bernhardt, Dan , Liu, Qihong and Serfes, Konstantinos . “Product customization” EUROPEAN ECONOMIC REVIEW 51. (Jan 2007):1396-1422

Liu, Qihong and Serfes, Konstantinos . “Market Segmentation and collusive behavior” INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION 25. (Jan 2007):355-378

Kim, Hyunho and Serfes, Konstantinos . “A location model with preference for variety” JOURNAL OF INDUSTRIAL ECONOMICS LIV.4 (Jan 2006):569-595

Liu, Qihong and Serfes, Konstantinos . “Customer information sharing among rival firms” EUROPEAN ECONOMIC REVIEW 50. (Jan 2006):1571-1600

Liu, Qihong and Serfes, Konstantinos . “Imperfect price discrimination, market structure and effciency” CANADIAN JOURNAL OF ECONOMICS 38. (Jan 2005):1191-1203

Serfes, Konstantinos . “Risk sharing vs. incentives: Contract design under two-sided heterogeneity.” ECONOMICS LETTERS 88. (Jan 2005):343-349

Liu, Qihong and Serfes, Konstantinos . “Imperfect price discrimination in a vertical differentiation model” INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION 23. (Jan 2005):341-354

Liu, Qihong and Serfes, Konstantinos . “Quality of information and oligopolistic price discrimination” JOURNAL OF ECONOMICS AND MANAGEMENT STRATEGY 13.4 (Jan 2004):671-702

Deltas, George and Serfes, Konstantinos . “Semicollusion vs. full collusion: The role of demand uncertainty and product substitutability” JOURNAL OF ECONOMICS 2. (Jan 2002):111-139

Roy, Jaideep and Serfes, Konstantinos . “When vagueness induces indirect competition: Strategic incompleteness of contracts” ECONOMIC THEORY 20. (Winter 2002):603-621

Roy, Jaydeep and Serfes, Konstantinos . “Intertemporal discounting and tenurial contracts” JOURNAL OF DEVELOPMENT ECONOMICS 64. (Jan 2001):417-436

Deltas, George , Serfes, Konstantinos and Sicotte, Richard . “American shipping cartels in the pre-world war I era” RESEARCH IN ECONOMIC HISTORY 19. (Jan 1999):1-38

Books

Serfes, Konstantinos and Yannelis, Nicholas C.. Collusion and distribution of profits under differential information :Springer-Verlag, Jan 1999

Professional Experience

Academic-Stony Brook University Visiting Assistant Professor Stony Brook NY Jul 1998 - May 2004
Academic-Economics Department, Drexel University Assistant Professor Sep 2004 - Aug 2008
Academic-Drexel University Graduate Director for the Economics Department Sep 2008 -
Academic-Center of Research Excellence, LeBow College of Business Distinguished Fellow Oct 2008 - Oct 2011
Academic-Payment Cards Center—Federal Reserve Bank of Philadelphia Visiting Scholar Jan 2011 -

Awards

2005 Excellence in Research Award (LeBow College of Business)
1998 Robert Willis Harbeson memorial dissertation fellowship (University of Illinois at Champaign-Urbana)
1996 Hans Brems award for the best original paper (University of Illinois at Champaign-Urbana)

Grants

Price discrimination in two-sided markets (NET Institute) $6,000 Jun 2007
Location Decisions of Competing Platforms (NET Institute) $3,000 Jun 2009

Areas of Expertise

  • Game Theory
  • Industrial Organization
  • Microeconomics