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Faculty & Research


Timothy Van Zandt

Professor of Economics


Additional Information
Research Areas
  • Microeconomic Theory
  • Bounded Rationality
  • Economics of Organisations
  • Game Theory
Teaching Areas
  • Prices and Markets
  • Managerial Economics
  • Game Theory
  • Contract Theory


Timothy Van Zandt is a Professor of Economics (since 1999). Previously he was Dean of Faculty and Research at INSEAD.

In the early 1980s, Timothy spent four years in Bogotá, Colombia, as an undergraduate student. In 1989, he obtained a PhD in Economics from the University of Pennsylvania, and from 1990 to 1998, was an assistant professor in the Department of Economics at Princeton University. He held several one-year research appointments: a post-doctoral member of AT&T Bell Laboratories in New Jersey (1989-1990); a research fellow at CORE in Louvain-la-Neuve, Belgium (1993-1994); a visiting research professor at the Center for Mathematical Studies in Economics and Managerial Science at Northwestern University (1998-1999); a visiting professor at the Stern School of Business at New York University (2003-2004); a visiting appointment at the Institute for Advanced Studies in Princeton, New Jersey (2003-2004); and a visiting scholar at the Department of Economics at Columbia University (2010-2011). Timothy has had shorter visits at Yale University and the Universidad Juan Carlos III, Madrid. He serves as a Centre for Economic Policy Research (CEPR) Research Fellow.

Timothy's research focuses on microeconomic theory, particularly the economics of organisations, bounded rationality (learning, information processing, and communication), and mathematical economics. His recent publications are featured in journals such as the RAND Journal of Economics, Journal of Economics Theory, Economic Theory, and the Review of Economic Studies, and cover topics such as equilibria in Bayesian games, communication, and decentralised information processing in organisations. Timothy participates in various seminars and conferences in North America and Europe, he is a referee or reviewer for numerous academic journals and academic press, he serves as an Associate Editor and a Production Editor of the Journal of the European Economic Association.

Timothy has broad teaching experience at the undergraduate, MBA, and PhD levels. At INSEAD, he teaches managerial economics (Prices and Markets) and advanced game theory courses in the MBA programme. In the process of teaching managerial economics at INSEAD, Northwestern University, and the New York University, he developed a textbook and a web-based platform for imperfect competition games. Hhe teaches microeconomic theory, game theory, and mathematical economics in the INSEAD PhD programme. He has served on the dissertation committees of several PhD students who specialised in disciplines outside of economics.