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Research Interests

Networked Markets; Network Games; Bargaining; Cascades on Networks; Search; Matching

Recent Publications

Published Papers

Agranov, M. and Elliott, M. Commitment and (in) Efficiency: A Bargaining Experiment, Journal of the European Economic Association, (2020) no. jvaa012
Elliott, M., and Galeotti, A. The Role of Networks in Antitrust Investigations, Oxford Review of Economic Policy, (2019) vol 35(4) pp. 614–637
Elliott, M., Goyal, S. and Teytelboym, A. Networks and Economic Policy, Oxford Review of Economic Policy, (Winter 2019) vol 35(4) pp. 565–585
Elliott, M. and Nava, F. Decentralized Bargaining in Matching Markets: Efficient Stationary Equilibria and the Core, Theoretical Econoimcs, (2019) vol 14 pp. 211–251
Elliott, M. and Golub, B. A Network Approach to Public Goods, Journal of Political Economy, (2019) vol 127 no. 2 pp. 730-776
Elliott, M. Inefficiencies in Networked Markets, American Economic Journal: Microeconomics, (2015) vol 7(4) pp. 43-82
Elliott, M., Golub, B. and Jackson, M.O. Financial networks and contagion, American Economic Review, (2014) vol 104(10) pp. 3115-3153

Cambridge Working Papers in Economics

Ambrus, A. and Elliott, M. Investments in Social Ties, Risk Sharing and Inequality, (2020) CWPE2071
Elliott, M. and Talamàs, E. No Holdup in Dynamic Markets, (2020) CWPE2070
Chen, J., Elliott, M. and Koh, A. Capability Accumulation and Conglomeratization in the Information Age, (2020) CWPE2069
Elliott, M., Georg, C-P. and Hazell, J. Systemic Risk-Shifting in Financial Networks, (2020) CWPE2068
Elliott, M., Golub, B. and Leduc, M. V. Supply Network Formation and Fragility, (2020) CWPE2028

Conference Publication

Elliott, M., Golub, B. and Leduc, M. V. Networked markets and relational contracts, (2017) Thirteenth International Conference on Web and Internet Economics, WINE 2017, Bangalore, India
Elliott, M. and Golub, B. A network approach to public goods, (2013) Fourteenth ACM Conference on electronic commerce, Philadelphia, Pennsylvania

Recent Activities

Nobel Prize for Economist Who Gave Marshall Lecture
Paul Milgrom and Robert Wilson have been honoured with the Nobel prize for economics for their work on auction theory. Professor Milgrom visited the Faculty of Economics to give the Marshall Lecture in 2019, when he explained how the tools of game theory were applied to auctions. Dr Matthew Elliott looks at his work, that was instrumental in getting governments to use auctions instead of procurement, and how those auctions have enabled governments to raise revenue around the world.
Published on - Monday 19th October 2020

COVID Economics Alumni Webinar Series
Cambridge-INET and Dr. Meredith Crowley are hosting a series of public lectures for Cambridge Alumni. The third of these webinars "The Firms and Jobs Most Impacted by COVID", will take place on Friday 29th May 2020, at 1.00pm and feature talks by Dr Christopher Rauh and Dr Matthew Elliott. Please see the Cambridge-INET COVID Economics Alumni webinar series webpage for details.
Published on - Tuesday 12th May 2020

Dr. Matt Elliott joins Cambridge-INET as a Coordinator
Cambridge-INET is delighted to announce that Dr. Matt Elliott will be joining as a Coordinator for the Networks, Crowds and Markets research theme, on the 1st August 2019.
Published on - Thursday 18th July 2019

Seventh European Conference on Networks
Cambridge-INET and the European Research Council (ERC) are holding the Seventh European Conference on Networks at Jesus College, Cambridge, on 10th-11th June 2019.
Event Date - Monday 10th June 2019 - Tuesday 11th June 2019

Faculty Senior Academic Promotions
Dr. Tiago Cavalcanti, Dr. Meredith Crowley and Dr. Matthew Elliott have all been successful in the Faculty's Senior Academic Promotions.
Published on - Thursday 14th June 2018

Research Grants

Embedded Markets and the Economy (EMBED) (European Reserach Council (ERC), Starting Grant)
Collaborative Research: The Economic Benefits of Investing into Social Relationships (National Science Foundation (NSF))

Institute for New Economic Thinking (INET)

The Cambridge-INET Institute
Coordinator for Networks, Crowds and Markets Research Theme

Keynes Fund Sponsored Projects

Elliott, M., Free-Riding and Group Cooperation (JHOP)
Elliott, M., Experts Opinions and Persuasion in Times of Uncertainty (JHUP)

COVID-19 Economic Research

Special Feature: Supply Chain Bottlenecks in a Pandemic
Supply Network Formation and Fragility


PIIA Paper 1 - Michaelmas - Game Theory, Welfare, and Applications
MPhil R100 Microeconomics

PhD Students


Jin Deng Keith Chan
PhD Title: Inequality and Inefficiency in Markets
Research: Bargaining in Markets, Bounded Rationality, Nature of Money
Jakob Berndt
PhD Title: Indoctrination and Belief Manipulation in Social Networks
Research: Microeconomic Theory, Information Economics, Networks
Jörg Kalbfuss
PhD Title: Socio-Economic Stratification & Conflict

Dr Matthew Elliott

University Reader

Research Group:
Microeconomic Theory

Personal Site:

Contact Details
Room: 42
Office Hours: Out of term: By appointment only.
During term: Graduates: Wednesday, 6:15pm to 7:15pm.
Undergraduates: Wednesday, 7:15pm to 8:15pm