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Georgios Gerasimou
(in Greeklish: Yórgos Yerasímou)


Born in October 1982 in Ródos (Rhodes)


Apr/ 2023 Professor of Economics University of Glasgow
Aug/2019 2023/Mar Reader in Economics University of St Andrews
Aug/2017 2019/Jul Senior Lecturer in Economics University of St Andrews
Oct/ 2011 2017/Jul Lecturer in Economics University of St Andrews


Oct/ 2008 2011/Jul PhD in Economics University of Cambridge
Sep/2005 2006/Aug Graduate Diploma in Mathematics (BSc level) King's College London, University of London
Sep/2004 2005/Nov MSc in Economics Birkbeck College, University of London
Oct/2000 2004/Sep BA in Shipping University of Piraeus

Research Interests

Working Papers

  1. Learning to maximize (expected) utility (T. Dohmen & G. Gerasimou) [available soon]

  2. Characterization of the Jaccard dissimilarity metric and a generalization

  3. Non-diversified portfolios with subjective expected utility (C. P. Chambers & G. Gerasimou)

  4. Eliciting weak or incomplete preferences in the lab: a model-rich approach

  5. The decision-conflict logit

  6. Intensity-efficient allocations (preliminary)

  7. Status quo bias under risk when a decoy lottery is present (M. Costa-Gomes & G. Gerasimou)

Published Papers

  1. (2022) Choice, deferral and consistency, Quantitative Economics, 13, 1297-1318
    (M. Costa-Gomes, C. Cueva, G. Gerasimou & M. Tejiščák)   Appendix   Data & Code   2016 version   2019 version   2020 version

  2. (2022) Preference conditions for invertible demand functions, American Economic Journal: Microeconomics, 14, 113-138
    (T. M. Diasakos & G. Gerasimou)

  3. (2021) Simple preference intensity comparisons, Journal of Economic Theory, 192, 105199
    (G. Gerasimou)   Minor corrections & reply [JET (2022), 205, 105542]

  4. (2019) Dominance-solvable multicriteria games with incomplete preferences, Economic Theory Bulletin, 7, 165-171
    (G. Gerasimou)

  5. (2018) Prest: Open-source software for computational revealed preference analysis, Journal of Open Source Software, 3 (30), 1015
    (G. Gerasimou & M. Tejiščák)

  6. (2018) On the indifference relation in Bewley preferences, Economics Letters, 164, 24-26
    (G. Gerasimou)

  7. (2018) Duopolistic competition with choice-overloaded consumers, European Economic Review, 101, 330-353
    (G. Gerasimou & M. Papi)

  8. (2018) Indecisiveness, undesirability and overload revealed through rational choice deferral , Economic Journal, 128, 2450-2479
    (G. Gerasimou)

  9. (2016) Asymmetric dominance, deferral and status quo bias in a behavioral model of choice , Theory and Decision, 80, 295-312
    (G. Gerasimou)

  10. (2016) Partially dominant choice, Economic Theory, 61, 127-145
    (G. Gerasimou)

  11. (2015) (Hemi-)Continuity of additive preference preorders, Journal of Mathematical Economics, 58, 79-81
    (G. Gerasimou)

  12. (2013) On continuity of incomplete preferences, Social Choice & Welfare, 41, 157-167
    (G. Gerasimou)

  13. (2013) Consumer theory with bounded rational preferences, Journal of Mathematical Economics, 46, 708-714
    (G. Gerasimou)   (special issue in honour of A. Mas-Colell, Part I)       postscript

Research Visits

University of Oxford (October 2019)

Research Grants

Sole investigator in the British Academy Small Research Grant SG170747:
"A comparative analysis of inertia and context-dependence in decision making"
Grant period: April 2018 - March 2020. Amount: £7,720

Sole investigator in the Carnegie Trust Research Incentive Grant
"Status quo bias and the decoy effect"
Grant period: February 2017 - March 2018. Amount: £3,600

Principal investigator in the University of St Andrews Knowledge Exchange & Impact Fund Grant
"Development of decision analysis and preference estimation software using combinatorial-optimization methods"
Grant period: November 2017 - October 2018. Amount: £12,500

Principal investigator in the British Academy Small Research Grant SG122338
"Choice, deferral and consistency"
Grant period: April 2013 - September 2015. Amount: £7,582

Invited Seminar Presentations

2022: University of Glasgow
2021: Seminars in Economic Theory; Heriot-Watt University; University of Glasgow
2020: University of Warwick; University of St Andrews (Computer Science)
2019: University of East Anglia; Royal Holloway - University of London
2018: Johns Hopkins University; Georgetown University; College of William & Mary
2015: Technion/Israel Institute of Technology; Athens University of Economics & Business; University of Cyprus
2014: University of Alicante; University of Glasgow; University of Aberdeen; Technion/Israel Institute of Technology
2012: Queen Mary - University of London
2011: Queen Mary - University of London; University of St Andrews
2010: University of St Andrews

Conference Presentations

2022: BRIC (Prague); DETC 2022 (Durham); SSCW (online); FUR (Ghent); SAET (online); EEA-ESEM (Milan)
2021: SAET (online)
2019: SITE - Experimental Economics (Stanford); RUD (Paris); EEA-ESEM (Manchester); RES (Warwick)
2018: NASMES (Davis); SARP (Oxford)
2017: RUD (London); AMES (Hong Kong)
2016: BRIC (Northwestern); Bounded Rationality in Mechanism Design (Glasgow); European Workshop on General Equilibrium Theory (Glasgow)
2015: SAET (Cambridge)
2014: BRIC (Barcelona); FUR (Rotterdam); Behaviour, Incentives & Contracts (St Andrews)
2013: SAET (Paris); AMES (Singapore)
2012: Behaviour, Incentives & Contracts (Edinburgh); RES (Cambridge)
2011: EEA-ESEM (Oslo)
2010: RES (Surrey); EEA-ESEM (Glasgow); CRETE (Tinos)
2009: SAET (Ischia)

Professional Service

Referee for Journals:
American Economic Journal: Microeconomics
American Economic Review
Economic Journal
Economic Theory
Economic Theory Bulletin
Economics and Philosophy
Economics Letters
Games and Economic Behavior
International Economic Review
Journal of Economic Theory
Journal of Economic Behavior & Organization
Journal of Economic Psychology
Journal of Mathematical Economics
Mathematical Social Sciences
Mathematics and Financial Economics
RAND Journal of Economics
Scottish Journal of Political Economy
Social Choice and Welfare
Theory and Decision
Thinking and Reasoning

Guest Editor for Journals:
Special issue on Developing and testing theories of decision making for the Games open-access journal

Referee for Book Publishers:
Bloomsbury, Cambridge University Press, Palgrave Macmillan, Routledge

Conference Organization
Organizer of the 1st SARP (Symposium on the Analysis of Revealed Preference; 2016, University of St Andrews)
Co-organizer of the 2nd SARP (2018, Nuffield College, University of Oxford)
Session co-organizer at the 2021 SAET conference (Seoul National University; online)
Session organizer at the
2022 SAET conference (Australian National University; online)

External Examiner in Taught Degrees

University of Cambridge (postgraduate modules in Microeconomics) 2021 - present

External Examiner/Jury Member in PhD Theses

Elias Bouacida Paris School of Economics 2019 (supervisor: Jean-Marc Tallon)
Hualin Li University of Glasgow 2020 (supervisor: Takashi Hayashi)


1. EC4407 Behavioural Economics Undergraduate Lecturer & Tutor 2014 - 2023
(Average/median enrolment: 67/65; most demanded optional module from 2016 through 2023)

2. SS5101 Being a Social Scientist MRes interdisciplinary training module Theme Lecturer 2022 - 2023

3. EC3305 Incentives, Contracts & Markets Undergraduate Lecturer & Tutor 2016 - 2018

4. EC5202 Microeconomics MSc in Economics Lecturer & Tutor 2012 - 2015

5. EC4203 Contemporary Issues: Wage Bargaining Undergraduate Lecturer & Tutor 2013 - 2014

6. EC5518 The Economics of Negotiations MSc in International Strategy & Economics Lecturer & Tutor 2011 - 2013

7. EC3201 Advanced Microeconomics Undergraduate Tutor 2011 - 2015

8. EC2001 Intermediate Microeconomics Undergraduate Tutor 2011 - 2012 & 2018 - 2019

9. M100 Microeconomics MPhil in Economics, University of Cambridge Tutor 2009 - 2011

Administrative Service (University of St Andrews)

Scholarships & Prizes