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 in 2013-2016. She was Chair of the Faculty Senate at OU in 2011-2012 and served on the Faculty Advisory Council to the Oklahoma State Regents for Higher Education in 2011-2013. She is currently the Associate Dean for Research in the College of Arts and Sciences. She is also an Associate Editor for Southern Economic Journal and Economics Bulletin.
Professor Kosmopoulou’s current research interests are in auctions, strategic pricing, firm behavior and network analysis. Her auction work studies the public procurement process, and the impact of secondary markets on auction prices and market efficiency. 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 and experimental level, she examines how mechanisms perform and how their structure affects bidder incentives and firm survival.
Her recent NSF funded research focuses on: (i) strategic network formation among firms who repeatedly compete or cooperate in contracting jobs; (ii) the impacts of networks on the probability of a small firm winning a bid for contract and, (iii) the effects of networks on survival. She has also studied network formation in the world of art using a historic data set of all art auctions that took place in London between 1741 and 1913.
Her research contributions were highlighted in the NSF Director’s blog in 2016.