In-Uck Park Curriculum Vita, Oct 2016 CURRICULUM VITA In-Uck Park January 2017 Personal Data Address: Department of Economics, University of Bristol, Priory Road Complex, Priory Road, Bristol, BS8 1TU, U.K. Tel +[44]–(0)117–928 8421; Fax +[44]–(0)117–331 0705 E-mail: [email protected] Webpage: http://www.efm.bris.ac.uk/eciup/ Nationality: The Republic of Korea (Permanent resident of the U.K.) Areas of Research Interest Economics of Information, Coalitions/Networks, Industrial organization, Contract theory, Game theory, Microeconomic theory Current Positions 2004.8 – 2012.9 – Leverhulme Professor of Industrial Organization, University of Bristol, U.K. Professor of Economics, Sungkyunkwan University, Korea Other/Past Positions 2016 President, Korea-America Economic Association 2011.9–12.6 Richard B. Fisher Member, Institute for Advanced Study, Princeton, USA Affiliated Faculty, Economic Theory Center, Princeton University, USA 2011.4 - 5 Fernand Braudel Fellow, European University Institute, Florence, Italy 2011.3 Distinguished Visitor, Monash University, Melbourne, Australia 2007.8 Visiting Professor in Economics, Monash University, Melbourne, Australia 2006.6 - 8 Visiting Professor, KIER, Kyoto University, Japan 2005.7 - 8 Visiting Professor in Economics, Korea University, Korea 2004 Visiting Associate Professor, Center for Economic Institutions, Hitotsubashi University, Japan (May - Aug.) 2002 Visiting Foreign Scholar, Institute of Social and Economic Research, Osaka University, Japan (Jan. - April) 2000 - 04.8 Assistant Professor in Economics, University of Pittsburgh, USA 1998 - 99 Mellon Visiting Assistant Professor of Economics, University of Pittsburgh, USA 1993 - 00 Lecturer in Economics, University of Bristol, U.K. 1988 - 93 Teaching Assistant/Associate, University of Minnesota, USA 1987 - 88 Mandatory military service, Republic of Korea. Education 1993 1987 1984 Ph.D. in Economics M.A. in Economics B.S. in Economics University of Minnesota, USA Cornell University, USA Seoul National University, Korea 1 In-Uck Park Curriculum Vita, Oct 2016 Honors & Awards 2014 Maekyung-KAEA Economist Award 1992 – 93 Heller Fellowship, University of Minnesota. 1988 – 89 Graduate School Fellowship, University of Minnesota. 1985 – 87 A. D. White Fellowship, Cornell University. Grants 2014 – 16 Korea Research Foundation Grant on “Developing Continuous-time Analysis of Games and Economic Applications.” 2013 – 14 Korea Research Foundation Grant on “Seller Reputation and Trust in Pre-Trade Communication.” 2009 – 11 British ESRC Research Grant on “Bilateral Australia: Internal capital markets, divisional rent-seeking and optimal incentives: theory and evidence.” 2007 – 09 British ESRC Research Grant on “Patent Litigation and Takeovers.” (joint with Andreas Panagopoulos) 2006 – 10 Leverhulme Trust Grant for the CMPO, University of Bristol, on “Economics of social networks: their evolution, economic function and dynamic implications.” (one of four co-applicants) 2006 – 08 British ESRC Research Grant on “Adoption dynamics in network industries: A theoretical investigation under asymmetric information.” 2001 – 03 Small Grant on “Generalizing renegotiation process in multi-period contracts” University of Pittsburgh. 2000 – 01 Korea Research Foundation Grant on“The Structure of Stock Market and Initial Public Equity Offering Pricing: An International Comparison.” (joint with Jongil Kim, Dongguk Univ, Korea) 1999 – 01 British ESRC Research Grant on “Auditor reputation and audit effectiveness: A multiperson decision theoretic approach.” 1998 – 03 Leverhulme Trust Grant for an international research center under the theme of “Public sector, regulation and markets.” (one of seven co-applicants) Publications “Internal Hierarchy and Stable Coalition Structures,” (joint with Massimo Morelli) Games and Economic Behavior, 96: 90-96 (2016). “The Market for Liars: Reputation and Auditor Honesty,” (joint with Andy McLennan) International Journal of Economic Theory, 12: 49-66 (2016, sepcial issue). “New, Like New, or Very Good? Reputation and Credibility,” (joint with Bruno Jullien) Review of Economic Studies, 81: 1543-1574 (2014). − This supercedes an earlier working paper entitled “Seller Reputation and Trust in Pre-Trade Communication.” “Modelling the Effects of Subjective and Objective Decision Making in Scientific Peer Review,” (joint with Mike Peacey and Marcus Munafo) Nature, 506: 93-96 (2014). “Information, Authority, and Corporate Hierarchies,” (joint with Chongwoo Choe) B.E. Journal of Theoretical Economics: Vol. 11: Iss. 1 (Contributions), Article 2 (2011). − Listed as the 7th most-downloaded paper of the Journal (as of 27 April, 2011). 2 In-Uck Park Curriculum Vita, Oct 2016 “Overcoming the Coordination Problem: Dynamic Formation of Networks,” (joint with Jack Ochs) Journal of Economic Theory, 145: 689-720 (2010). “Anti-Limit Pricing,” (joint with Byoung Heon Jun) Hitotsubashi Journal of Economics, 51: 57-78 (2010). “Cheap Talk Referrals of Differentiated Experts in Repeated Relationship,” RAND Journal of Economics, 36: 391-411 (2005). “Competitive Planned Obsolescence,” (joint with Paul Grout) RAND Journal of Economics, 36: 596-612 (2005). “Moral Hazard Contracting and Private Credit Markets,” Econometrica, 72: 701-746 (2004). “Promoting Competition in the Presence of Essential Facilities,” (joint with Paul Grout) International Journal of Industrial Organization, 22: 1415-1441 (2004). “A Simple Inducement Scheme to Overcome Adoption Externalities,” B E Journal of Theoretical Economics: Vol. 4: Iss. 1 (Contributions), Article 3 (2004). − Reprinted in the ICFAI Journal of Public Finance, India, November, 2004. “Cheap Talk Coordination of Entry by Privately Informed Firms,” RAND Journal of Economics, 33: 377-393 (2002) “The Stock Market Condition and Initial Public Offering Pricing: A Theory and Evidence from the KOSDAQ Stock Market,” (joint with Jongil Kim) Korean Economic Review, 18: 349-371 (2002). “Generic 4 × 4 Two Person Games Have At Most 15 Equilibria,” (joint with Andrew McLennan) Games and Economic Behavior, 26: 111-130 (1999). “A Revealed-Preference Implication of Weighted Utility Decisions under Uncertainty,” Economic Theory, 11: 413-426 (1998). “Generic Finiteness of Equilibrium Outcome Distributions for Sender-Receiver CheapTalk Games,” Journal of Economic Theory, 76: 431-448 (1997). “Bayes Contingent Plans,” (joint with Edward Green) Journal of Economic Behavior and Organization, 31: 225-236 (1996, Special issue in honor of R. M. Cyert). Other Manuscripts “Patenting vs. Secrecy for Startups and the Trade of Patents as Negotiating Assets,,” (joint with A. Panagopoulos) under R&R at the Economic Journal, 2016. “Coordination of Humanitarian Aid by Mediated Communication” (joint with Maija Halonen) mimeo, 2016. “Quid pro Quo: Dynamic Strategic Information Exchange,” (joint with Andreas Blume) mimeo, 2015. “Cooperation in Continuous Dilemma and Uncertain Reaction Lag,” mimeo, 2014. “An Economic Theory of the Glass Ceiling,” (joint with Paul Grout and Silvia Sonderegger) under review, 2011. − Ranked the 3rd in the SSRN All-time most downloaded list for ERN:Cooperation & Collusion as of 10/10/2009. “Credibility of Deviations and Equilibrium Refinement in Sender-Receiver Cheap-Talk Games,” mimeo, University of Minnesota, 1993. 3 In-Uck Park Curriculum Vita, Oct 2016 Research In Progress “Talking out of Moral Hazard” (tentative title) with Bruno Jullien. “Third-Party Sale of Information” (tentative title) with Robert Evans. “Modelling games in continuous time” (tentative title) “Universities as certifiers” (tentative title) with Silvia Sonderegger. “Startup licensing and buyouts” (tentative title) with A. Panagopoulos. “Credence good pricing when the clients are in the dark.” (tentative title) Media Coverage of Research 2013.12 2005 The Guardian (U.K.), The Economist (U.K.), and Spiegel (Germany) featured coverage of the paper “Modelling the effects of subjective and objective decision making in scientific peer review” appeared in Nature website as Advance Online Publication on December 4th, 2013. The Times (U.K.) featured a 500 words summary of the paper “The Market for Liars: Reputation and Auditor Honesty” (with Andy McLennan) on March 3 in the Executive Education section. Courses Taught Undergraduate courses • • • • • • Introduction to Microeconomics (Intermediate) Microeconomic Analysis Further Economic Analysis: taught on game theory and asymmetric information. Mathematical Economics Economic Theory Industrial Organization Graduate courses • • • • • Microeconomics Advanced Microeconomics Introduction to Game Theory I Game Theory and Information Advanced Topics in Economic Analysis PhD Supervision • • • • • • • Wenbo Zhao (Main supervisor, Bristol PhD) Henry Duncanson (advisor, Bristol PhD) Michael Peacey (Main supervisor, Bristol PhD, first job: Univ. of Bath) Andreas Bentz (Committee member, Bristol PhD, first job: Dartmouth Univ.) Anthony Dukes (Committee member, Pitt PhD, first job: Carnegie Mellon Univ.) Vasiliki Skreta (Committee member, Pitt PhD, first job: Univ. of Minnesota) Nikolas Lionis (Co-supervisor, PhD, Bristol, first job: Univ. of Athens) PhD examination (partial list) 4 In-Uck Park Curriculum Vita, Oct 2016 • Acted as the external examiner for Hongjun Zhong (Oxford, 2005), Zhiyun Li (Oxford, 2011), Kirk Bailey (Oxford, 2011), Alessandro Ispano (Toulouse School of Economics, 2014). • Acted as the internal examiner for Richard Hern (Bristol, 1998), Andreas Bentz (Bristol, 2000), Evagelos Pafilis (Bristol, 2010), Henry Duncanson (Bristol, 2014), Anthi Chondrogianni (Bristol, 2017). Professional Services Associate Editor: European Economic Review (2003 – 2007) Editorial Board: B.E. Journals of Economic Analysis & Policy (2006 – 2013) Journal of Economic Theory and Econometrics (2008 – 2010) Member: Peer Review College of the ESRC, U.K. (2010.7 – ) Grant Proposal Reviews: NSF (USA), ESRC (UK), AHRC (UK), SSHRC (Canada), FWF (Austria). Ad-hoc Referee: American Economic Review, Econometrica, Journal of Political Economy, Review of Economic Studies, Journal of Economic Theory, RAND Journal of Economics, Games and Economic Behavior, Theoretical Economics, International Journal of Game Theory, International Economic Review, Journal of Mathematical Economics, Journal of Economics and Management Strategy, Economics and Philosophy, Japanese Economic Review, Journal of Economic Studies, Journal of Economic Research, Journal of Institutional and Theoretical Economics, Journal of Money, Credit, and Banking, Journal of Industrial Economics, Contemporary Accounting Research, Telecommunication Policy, Prentice Hall. University Services 2013 – 2012 – 2012 – 2007 – 11 2014. 2. Promotions Committee, Faculty of Social Sciences and Law, University of Bristol. Strategy Committee, Department of Economics, University of Bristol. Economics Recruiting Interview Panel, University of Bristol. Alumni Foundation Committee, University of Bristol External member, Chair Recruiting Panel, Queen Mary, University of London Conferences/Workshops Organized 2015. 1. KAEA Microeconomics Workshop in ASSA, Boston, USA. 2010. 6. Conference on Economics of Social Networks, Bristol, UK. 2006. 6. Networks in Industry Workshop, Bristol, UK. Invited Conference/Workshop Presentations 2017. 3 20th Taesung Kim Memorial Workshop, Seoul National University, Korea. 2016. 11 2nd Lancaster Game Theory Conference, Lancaster, U.K. 2015. 11 Workshop on Incomplete Information: Repeated Games and Cheap Talk, Paris School of Economics, France. 2015. 7 15th SAET Conference on Current Trends in Economics, Cambridge, U.K. 2014. 6 V Workshop on Institutions, Individual Behavior and Economic Outcomes, Alghero, Italy. 2014. 5 Cambridge Economics May Gala Workshop in Microeconomics, 5 In-Uck Park Curriculum Vita, Oct 2016 2012. 7 2011. 1 2010.11 2010. 6 2005.10 1999. 6 Cambridge, U.K. (discussant) CEPR European Summer Symposium in Economic Theory on “Communication and Information,” Gerzensee, Switzerland. The Economics of Intellectual Property, Software and the Internet, Toulouse, France. (discussant) British Academy Workshop on “Communication in Teams”, University of Birmingham, UK. The 6th CSEF-IGIER Symposium on Economics and Institutions, Anacapri, Italy. Centre for Industrial Economics Workshop, University of Aarhus, Denmark. Trading under Asymmetric Information; Thirty Years after the Market for Lemons, Rotterdam, The Netherlands. Seminars and Other Conference Presentations 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 Boston University, USA (Mar). Bristol Game Theory Workshop, Bristol, U.K. (May), Korea Economic Association Conference, Seoul, Korea (Aug). KAEA Microeconomics Workshop in ASSA, Boston (Jan), University of Durham, UK (Jan), University of East Anglia, UK (Mar), University of Jerusalem, Israel (April), Econometric Society World Congress, Montreal, Canada (Aug, scheduled), University of Oxford, UK (Oct) University of Surrey, UK (May), HKUST, Hong Kong (May), University of Essex, UK (June), University of Exeter, UK (Oct). Korea University (Oct), Korea Institute of Finance (Oct). Rutgers University, USA (Apr); European University Institute, Italy (May); Seoul National University, Korea (Oct); City University, UK (Oct); University College London, UK (Nov). University of Melbourne, Australia (Mar); Monash University, Australia (Mar); Seoul National University, Korea (Mar); European University Institute, Italy (Apr); University of Oxford, UK (May); IAS/Princeton, USA (Nov); Columbia University, USA (Nov); University of Cambridge, UK (Nov). European University Institute, Italy (Nov); Yonsei University, Korea (Sep); Korea University, Korea (Sep); 2nd Brazilian Workshop of the Game Theory Society, Brazil (Aug); International Conference on Game Theory, Stony Brook, USA (Jul); 15th Annual Conference of the African Econometric Society, Egypt (Jul); Conference on Economics of Social Networks, Bristol, UK (Jun); North American Econometric Society Winter Meetings, Atlanta (Jan). Paris School of Economics, France (Oct); Econometric Society European Meetings, Barcelona (Aug); University of Naples, Italy (Apr); University of Oxford, UK (Feb). University of Toulouse, France; Econometric Society European Meeting, Milan, Italy; European Economic Association Meeting, Milan, Italy. Brown University, USA; Boston University, USA; State University of New York at Albany, USA; University of Bonn, Germany; University of Queensland, Australia; Network of Industrial Economists Conference, UK. Contract Theory Workshop, Kyoto, Japan; Kyoto University, Kyoto, Japan; Hong Kong University of Science and Technology, Hong Kong; Networks in Industry Workshop, Bristol, UK; Korea University, Seoul, Korea. 6 In-Uck Park 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 Curriculum Vita, Oct 2016 University of London, Birkbeck College, UK; WZB, Berlin, Germany; University of London, QMW, UK; Universitat Pompeu Fabra, Spain; Korea University, Seoul, Korea. University of Oxford, UK; University of Exeter, UK; University of Southampton, UK; Ohio State University, USA; University of Bielefeld, Germany; University of Chemnitz, Germany; Korea University, Seoul, Korea; Korean Econometric Society Meetings, Seoul, Korea; Hitotsubashi University, Tokyo, Japan; 7th International Meeting of Social Choice and Welfare, Osaka, Japan; 2nd KDI-KAEA Joint Conference, Seoul, Korea; 11th International Economics Convention, Seoul, Korea. Midwest Economic Theory Meetings (May), Pittsburgh, USA; Midwest Economic Theory Meetings (October), Bloomington, USA. Canadian Economic Theory Conference, Toronto, Canada; Tokyo University, Tokyo, Japan; Kyoto University, Kyoto, Japan; Osaka University, Osaka, Japan; Kobe University, Kobe, Japan; Korean Econometric Society Meetings, Seoul, Korea. University of Minnesota, USA; Michigan State University, USA; 12th Summer Festival on Game Theory at the SUNY, Stony Brook, USA. Rutgers University, NJ, USA; University of Pittsburgh, PA, USA; Federal Reserve Bank, Richmond, VA, USA. Midwest Economic Theory Conference, Purdue University, USA; N. American Winter Meeting of Econometric Society, NY, USA; Southeast Economic Theory Conference, Georgetown Univ, USA; The ESRC Research Seminars in Game Theory, Kenilworth, UK; University of Manchester, UK. N. American Winter Meeting of Econometric Society and American Economic Association Meeting, Chicago, USA; Korean Economic Association Meeting, Seoul, Korea; University of Oxford, UK; University of Birmingham, UK; University of Pittsburgh, USA. The 2nd ESRC Research Seminars in Game Theory, Kenilworth, UK; University of Keele, UK. North American Summer Meeting of the Econometric Society, Iowa, USA; Econometric Society European Meeting, Istanbul, Turkey. University of Exeter, UK; University of Essex, UK; Seoul National University, Korea. Royal Economic Society Annual Conference, Exeter, UK; FUR VII, Sandvika, Norway; The 21st Seminar of Risk and Insurance Economists, Toulouse, France; London School of Economics, UK. University of Western Ontario, Canada. University of Bristol, UK. 7
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