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Research Interests

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

Recent Publications

Published Papers

Elliott, M., Golub, B. and Leduc, M. V. Supply Network Formation and Fragility, American Economic Review, (2022) vol 112 no. 8 pp. 2701-2747
Elliott, M., Georg, C-P. and Hazell, J. Systemic Risk Shifting in Financial Networks, Journal of Economic Theory, (2021) vol 191 no. 105157
Ambrus, A. and Elliott, M. Investments in Social Ties, Risk Sharing, and Inequality , Review of Economic Studies, (2021) vol 88(4) pp. 1624–1664
Agranov, M. and Elliott, M. Commitment and (in) Efficiency: A Bargaining Experiment, Journal of the European Economic Association, (2021) 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

Cambridge Working Papers in Economics

Elliott, M., Galeotti., A., Koh., A, and Li, W. Market Segmentation Through Information, (2021) CWPE2105
Elliott, M. and Talamàs, E. Bargaining Foundations for Price Taking in Matching Markets, (2020) CWPE2070
Chen, J., Elliott, M. and Koh, A. Capability Accumulation and Conglomeratization in the Information Age, (2020) CWPE2069

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

Four new professors in Economics faculty
Four academics at the Faculty of Economics have been promoted to Professor grades at the University of Cambridge.
Published on - Thursday 16th June 2022

Weak links in supply chains are weaponised
An article in Nature magazine this week notes that weak links in finance and supply chains can be easily weaponised. It quotes the paper Prof. Vasco Carvalho, Prof. Matthew Elliot & John Spray, Supply Chain Bottlenecks in a Pandemic.
Published on - Tuesday 10th May 2022

How would an energy embargo affect Germany’s economy?
Professor Vasco Carvalho's research on Production Networks and Professor Matthew Elliott's research into Supply Network Formation and Fragility has been quoted in The Economist.
Published on - Friday 29th April 2022

Cambridge Economics Alumni Webinar Series: Investment in a changing world
In this webinar, Professor Tiago Cavalcanti outlined the importance of understanding the economic impact of climate change mitigation policies for adoption of such policies that reduce emissions and transition a country towards a low-carbon future. Then, Professor Chryssi Giannitsarou discussed the link between the rise in cross-country stock market correlations and the increase in foreign direct investments across the world.
Published on - Wednesday 23rd March 2022

Cambridge Economics Alumni Webinar Series: The power of information and its limits
In this webinar, Dr Julia Shvets (Senior College Lecturer, Fellow of Christ’s College) explored one of the most pervasive of human biases, overconfidence at work. Then Professor Matthew Elliott (Professor of Economics, Fellow of Jesus College) illustrated how big data collected by large internet companies can be used to drastically alter competition in many markets.
Published on - Tuesday 1st February 2022

Research Grants

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

The Janeway Institute for Economics

Coordinator for Networks, Crowds and Markets Research Theme

Keynes Fund Sponsored Projects

Elliott, M., Free-Riding and Group Cooperation (JHOP)
Elliott, M., Ortoleva, P. and Agranov, 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
PHD11 - Economic Theory

PhD Students


Felix Mylius
PhD Title:
Research: Search; Matching; Networked Markets
Alastair Langtry
PhD Title:
Research: Essays on Networks


Jin Deng Keith Chan
PhD Title: Inequality and Inefficiency in Markets
Research: Bargaining and Markets, Income Inequality, Game Theory
Jakob Berndt
PhD Title: Indoctrination and Belief Manipulation in Social Networks
Research: Microeconomic Theory, Information Economics, Networks
Adrian Chung
PhD Title:
Research: Applied Economic Theory, Political Economy, and Industrial Organization

Professor Matthew Elliott

Professor of Economics

Research Group:
Microeconomic Theory

Personal Site:

Contact Details
Room: 42
Office Hours:
2-3pm for undergraduates
3-4pm for graduate students