Georgia Kosmopoulou is a Professor of Economics since 2008 and Edith Kinney Gaylord Presidential Professor since 2009. She received her PhD from the University of Illinois in Urbana-Champaign in 1996 and taught at Virginia Tech for a year. Her areas of specialization are in Industrial Organization, Public Policy Analysis and Game Theory. She served as a Program Director in Economics at the National Science Foundation between 2013-2016.
Professor Kosmopoulou’s current research interests are in auctions, strategic pricing and firm behavior. Her recent auction work studies empirically the public procurement process, and the impact of secondary markets on auction prices and efficiency through experiments. Applications of her work can be found in government procurement auctions, contract renegotiation and “cap-and-trade” mechanisms for CO2 emission permits. Her theoretical work investigates the possibility to design and implement mechanisms that promote efficiency. At an empirical level, she examines how mechanisms perform and how their structure affects bidder incentives and firm survival. Her research contributions were highlighted in the NSF Director’s blog in 2016.