Professor Indrajit Ray

(he/him)

BStat, MStat, MA, PhD (Eco)

2023

• Gonçalves, R. and Ray, I. 2023. Revenue implications of choosing discrete bid levels in a Japanese–English auction. Review of Economic Design (10.1007/s10058-023-00337-7)
• Dokka, T., Moulin, H., Ray, I. and SenGupta, S. 2023. Equilibrium design in an n-player quadratic game. Review of Economic Design 27, pp. 419-438. (10.1007/s10058-022-00299-2)
• Ganguly, C. and Ray, I. 2023. Simple mediation in a cheap-talk game. Games 14(3), article number: 47. (10.3390/g14030047)
• Ganguly, C. and Ray, I. 2023. Information revelation and coordination using cheap talk in a game with two-sided private information. International Journal of Game Theory (10.1007/s00182-023-00857-0)

2020

• Georgalos, K., Ray, I. and SenGupta, S. 2020. Nash versus coarse correlation. Experimental Economics 23, pp. 1178-1204. (10.1007/s10683-020-09647-x)
• Mitra, M., Ray, I. and Roy, S. 2020. A characterisation of trading equilibria in market games. Working paper. Cardiff Business School.

2018

• Cabrales, A., Drouvelis, M., Gurguc, Z. and Ray, I. 2018. Do we need to listen to all stakeholders?: Communicating in a coordination game with private information. Working paper. Cardiff Business School. Available at: http://carbsecon.com/wp/E2018_23.pdf

2017

• Goncalves, R. and Ray, I. 2017. A note on the wallet game with discrete bid levels. Economics Letters 159, pp. 177-179. (10.1016/j.econlet.2017.07.032)

2014

• Moulin, H., Ray, I. and Sen Gupta, S. 2014. Improving Nash by coarse correlation. Journal of Economic Theory 150, pp. 852-865. (10.1016/j.jet.2013.10.008)

2013

• Ray, I. and Snyder, S. 2013. Observable implications of Nash and subgame-perfect behavior in extensive games. Journal of Mathematical Economics 49(6), pp. 471-477. (10.1016/j.jmateco.2013.08.008)
• Bone, J., Droiuvelis, M. and Ray, I. 2013. Coordination in 2 x 2 games by following recommendations from correlated equilibria. Discussion Paper. Birmingham: University of Birmingham.

2012

• Ray, I. and Gupta, S. S. 2012. Coarse correlated equilibria in linear duopoly games. International Journal of Game Theory 42(2), pp. 541-562. (10.1007/s00182-012-0360-8)

2010

• Kar, A., Ray, I. and Serrano, R. 2010. A difficulty in implementing correlated equilibrium distributions. Games and Economic Behavior 69(1), pp. 189-193. (10.1016/j.geb.2008.11.006)
• Ray, I. 2010. Game theory. In: Free, R. C. ed. 21st Century Economics: A Reference Handbook. Sage Publications, pp. 173-184.
• Ray, I. and Ganguly, C. 2010. Unmediated and mediated communication equilibria of Battle of the Sexes with incomplete information. In: Basu, B. et al. eds. Econophysics & Economics of Games, Social Choices and Quantitative Techniques. New Economic Windows Springer, pp. 347-361.
• Ganguly, C. and Ray, I. 2010. Cheap talk: basic models and new developments. In: Dhar, A. ed. Some Contemporary Issues on Development and Growth Economics. Allied Publishers Private Limited, pp. 383-416.

2008

• Ray, I. 2008. Subgame perfection. In: Darity, W. A. J. ed. International Encyclopedia of the Social Sciences, 2nd Edition. Detroit, MI: Macmillan Reference USA, pp. 193-194.
• Ray, I. 2008. Multiplicity of equilibrium in canonical and non-canonical correlation devices: an example. Arthaniti 7(1-2), pp. 74-84.

2006

• Polemarchakis, H. M. and Ray, I. 2006. Sunspots, correlation and competition. Games and Economic Behavior 56(1), pp. 174-184. (10.1016/j.geb.2005.05.003)

2005

• Ray, I. and Ganguly, C. 2005. Scarcity, conflicts, and cooperation: essays in the political and institutional economics of development. Economic Journal 115(507), pp. F415-F418. (10.1111/j.1468-0297.2005.01043_3.x)
• Ray, I. 2005. Game theory and the environment: old models and new solution concepts. In: Sahu, N. C. and Choudhury, A. K. eds. Dimensions of Environmental and Ecological Economics. Orient Blackswan, pp. 156-167.

2004

• Carvajal, A., Ray, I. and Snyder, S. 2004. Equilibrium behavior in markets and games: testable restrictions and identification. Journal of Mathematical Economics 40(1-2), pp. 1-40. (10.1016/j.jmateco.2003.06.001)
• Ray, I. 2004. Strategic multilateral exchange: general equilibrium with imperfect competition. Economic Journal 114(496), pp. F336-F338. (10.1111/j.1468-0297.2004.00226_3.x)

2003

• Ray, I. and Snyder, S. 2003. On rationalization of Nash and subgame-perfect behavior from observed outcomes. Arthaniti (New Series) 2(1-2), pp. 62-78.

2002

• Ray, I. 2002. Social and economic networks in cooperative game theory. By Slikker (Macro) and van den Nouweland (Anne) [Book Review]. The Economic Journal 112(480), pp. F388-F390. (10.1111/1468-0297.t01-18-00050)

2001

• Ray, I. and Zhou, L. 2001. Game theory via revealed preferences. Games and Economic Behavior 37(2), pp. 415-424. (10.1006/game.2001.0845)
• Ray, I. 2001. On games with identical equilibrium payoffs. Economic Theory 17(1), pp. 223-231. (10.1007/PL00004099)
• Ray, I. 2001. Buying and selling in strategic market games. Economics Letters 71(1), pp. 49-53. (10.1016/S0165-1765(00)00393-1)

2000

• Ray, I. 2000. Consistency, dummy and independence of irrelevant strategies for strategic games. Social Choice and Welfare 17(2), pp. 217-222. (10.1007/s003550050016)

1999

• Ray, I. and De Fraja, G. 1999. Slot allocation: a model of competition between firms when consumers are procedurally rational. Mathematical Social Sciences 38(1), pp. 71-81. (10.1016/S0165-4896(98)00032-8)

1998

• Ray, I. 1998. Correlated equilibrium as a stable standard of behavior. Review of Economic Design 3(3), pp. 257-269. (10.1007/s100580050016)

1996

• Ray, I. 1996. Coalition-proof correlated equilibrium: a definition. Games and Economic Behavior 17(1), pp. 56-79. (10.1006/game.1996.0094)
• Ray, I. 1996. Efficiency in correlated equilibrium. Mathematical Social Sciences 32(3), pp. 157-178. (10.1016/S0165-4896(96)00819-0)