Associate professor in economics, Aalto University

Email: firstname.lastname(at)
Phone: +358 40 353 8174

Aalto University School of Business
P.O. Box 21240, FI-00076 Aalto
Helsinki, Finland


Published and forthcoming papers

Large all-pay auctions with IPV bidders. With Juuso Välimäki. Forthcoming in Journal of Economic Theory.

Large common value auctions with risk averse bidders (2015). With Juuso Välimäki.
Games and Economic Behavior, Vol 91, pages 60-74.

Exit Options and Dividend Policy under Liquidity Constraints (2014). With Marko Terviö.
International Economic Review, Vol 55 (1). (Matlab codes).

Delay and Information Aggregation in Stopping Games with Private Information (2013). With Juuso Välimäki.
Journal of Economic Theory, Vol 148 (6), pages 2404-2435.

Learning and Information Aggregation in an Exit Game (2011). With Juuso Välimäki.
Review of Economic Studies, Vol 78, pages 1426-1461.

Uncertainty and Stepwise Investment (2010). With Peter Kort and Grzegorz Pawlina.
European Journal of Operational Research, Vol 202, No. 1, pages 196-203.

Timing of investment under technological and revenue-related uncertainties (2007).
Journal of Economic Dynamics and Control, 31, pages 1473-1497.

Exit in Duopoly under Uncertainty (2004).
RAND Journal of Economics, 35(1), pages 111-127.

Timing of investments in oligopoly under uncertainty: a framework for numerical analysis (2004). With Erkka Näsäkkälä and Jussi Keppo.
European Journal of Operational Research, Vol. 157, No. 2, 486-500.

An oligopolistic investment model of the Finnish electricity market (2003). With Pierre-Olivier Pineau.
Annals of Operations Research, Vol. 121, No. 1-4, 123-148.

A Game Model of Irreversible Investment under Uncertainty (2002). With Jussi Keppo.
International Game Theory Review, Vol. 4, No. 2, 127-140.

Manuscripts and work in progress

Common value auctions with costly entry. With Juuso Välimäki.

Waiting for my neighbors. With Sidartha Gordon and Emeric Henry.

Social learning with endogenous order of moves. With Juuso Välimäki.

All-pay auctions with common values. With Chang-Koo Chi and Juuso Välimäki.

Uncertainty and energy saving investments (2010) With Matti Liski.
(Supplementary material: Proposition 1, computational Appendix, program and data file)

Backstop Technology Adoption. With Matti Liski.

Current teaching

Microeconomics 3: Game Theory, Finnish Doctoral Programme in Economics.

B.Sc. thesis seminar, Aalto University.


HECER seminars  |  Map for visitors to HECER