Konstantinos Serfes

Professor Serfes received his PhD from the University of Illinois at Champaign-Urbana. His primary research interests are in industrial organization, microeconomics and applied game theory.

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

Kotsogiannis, Christos, and Serfes, Konstantinos, Optimal Performance Reward, Tax Compliance and Enforcement. Economic Theory Bulletin (Forthcoming)

Duchene, Anne, Sen, Debapriya, and Serfes, Konstantinos, Patent Licensing and Entry Deterrence: The Role of Low Royalties. Economica (Dec 2015): 1324-1348.

Dai, Mian, Liu, Qihong, and Serfes, Konstantinos, Is the Effect of Competition on Price Dispersion Non-Monotonic? Evidence from the U.S. Airline Industry. Review of Economics and Statistics 96 (Mar 2014): 161-170.

Kotsogiannis, Christos, and Serfes, Konstantinos, The comparison of ad-valorem and specific taxation under uncertainty. Journal of Public Economy Theory 16 (Feb 2014): 48-68.

Liu, Qihong, and Serfes, Konstantinos, Price discrimination in two-sided markets. Journal of Economics and Management Strategy 22 (Winter 2013): 768-786.

Serfes, Konstantinos, and Zacharias, Eleftherios, Location Decisions of Competing Networks. Journal of Economics and Management Strategy 21 (Winter 2012): 989-1005.

Duchene, Anne, and Serfes, Konstantinos, Patent Settlements as a Barrier to Entry. Journal of Economics and Management Strategy 21 (Summer 2012): 399-429.

Chen, Min, and Serfes, Konstantinos, Minimum Quality Standard Regulation under Imperfect Quality Observability. Journal of Regulatory Economics 41 (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 (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 (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 (Jan 2005): 569-595.

Liu, Qihong, and Serfes, Konstantinos, Customer information sharing among rival firms. European Economic Review 50 (Jan 2005): 1571-1600.

Liu, Qihong, and Serfes, Konstantinos, Imperfect price discrimination, market structure and effciency. Canadian Journal of Economics 38 (Jan 2004): 1191-1203.

Serfes, Konstantinos, Risk sharing vs. incentives: Contract design under two-sided heterogeneity.. Economics Letters 88 (Jan 2004): 343-349.

Liu, Qihong, and Serfes, Konstantinos, Imperfect price discrimination in a vertical differentiation model. International Journal of Industrial Organization 23 (Jan 2004): 341-354.

Liu, Qihong, and Serfes, Konstantinos, Quality of information and oligopolistic price discrimination. Journal of Economics and Management Strategy 13 (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 1998): 1-38.

Books

Serfes, Konstantinos, and Yannelis, Nicholas C., Collusion and distribution of profits under differential information. (1998):

Grants

Price discrimination in two-sided markets (NET Institute) $6,000 Jun 2007.

Location Decisions of Competing Platforms (NET Institute) $3,000 Jun 2009.

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

2013 Betsy Cohen Research Scholar (LeBow College of Business)
2008-2011 Distinguished Research Fellow (LeBow College of Business)
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)

Areas of Expertise

  • Game Theory
  • Industrial Organization
  • Microeconomics