Duarte Gonçalves
Assistant Professor
University College London, Economics
duarte.goncalves@ucl.ac.uk
Home Research Teaching CV
Assistant Professor
University College London, Economics
duarte.goncalves@ucl.ac.uk
Home Research Teaching CV
PhD Workshop: Topics in Economic Theory
This is a broad list of papers of dynamic continuous-time models across a variety of topics (within economics) related to this course.
If you think I am missing a relevant paper (and there will be hundreds of very relevant papers missing), please do reach out: duarte.goncalves@ucl.ac.uk.
Optimal Stopping
- Branco Sun Villas-Boas (2012 MnSc) Optimal Search for Product Information 10.1287/mnsc.1120.1535
- McDonald Siegel (1986 QJE) The Value of Waiting to Invest 10.2307/1884175
- Dixit (1989 JPE) Entry and Exit Decisions under Uncertainty 10.1086/261619
Competitive Stopping
- Weeds (2002 REStud) Strategic Delay in a Real Options Model of R&D Competition 10.1111/1467-937X.t01-1-00029
- Seel Strack (2013 JET) Gambling in contests 10.1016/j.jet.2013.07.005
Stopping with Regret and Maxmin Preferences
- Strack Viefers (2021 JEEA) Too Proud to Stop: Regret in Dynamic Decisions 10.1093/jeea/jvz073
- Riedel (2009 Ecta) Optimal Stopping With Multiple Priors 10.3982/ECTA7594
Information acquisition
- Gonçalves (WP) Speed, Accuracy, and Complexity
- Cripps Gonçalves (WP) Fast and Slow Errors
Searching
- Callander (2011 AER) Searching and Learning by Trial and Error 10.1257/aer.101.6.2277
- Callander Hummel (2014 Ecta) Preemptive Policy Experimentation 10.3982/ECTA10616
- Urgun Yariv (2025 JPE) Contiguous Search: Exploration and Ambition on Uncharted Terrain 10.1086/732889
Competing in information provision
- Gul Pesendorfer (2012 REStud) The War of Information 10.1093/restud/rds017
Conflict
- Barilla Gonçalves (2024 TE) The Dynamics of Instability 10.3982/TE5295
Information Design
- Escudé Sinander (2023 TE) Slow Persuasion 10.3982/TE5175
- Urgun Whitmeyer (WP) Best Garbling is No Garbling: Persuasion in Real Time 10.48550/arXiv.2512.16850
Directed information acquisition
- Liang Mu Syrgkanis (2022 Ecta) Dynamically Aggregating Diverse Information 10.3982/ECTA18324
- Ke Villas-Boas (2019 JET) Optimal Learning Before Choice 10.1016/j.jet.2019.01.005
- Ke Tang Villas-Boas Zhang (2022 AppMathOpt) Parallel Search for Information in Continuous Time — Optimal Stopping and Geometry of the PDE 10.1007/s00245-022-09862-3
Flexible Dynamic Information Acquisition
- Zhong (2022 Ecta) Optimal Dynamic Information Acquisition 10.3982/ECTA17787
- Bloedel Zhong (WP) The Cost of Optimally Acquired Information 10.48550/arXiv.2511.05466
- Morris Strack (WP) The Wald Problem and the Relation of Sequential Sampling and Ex-Ante Information Costs 10.2139/ssrn.2991567
Experimentation
- Aghion Bolton Harris Jullien (1991 REStud) Optimal Learning by Experimentation 10.2307/2297825
- Moscarini Smith (2001 Ecta) The Optimal Level of Experimentation 10.1111/1468-0262.00259
Strategic Experimentation
- Bolton Harris (2003 Ecta) Strategic Experimentation 10.1111/1468-0262.00022
Social Learning
- Laiho Murto Salmi (2025 TE) Gradual learning from incremental actions 10.3982/TE5452
- Murto Välimäki (2013 JET) Delay and information aggregation in stopping games with private information 10.1016/j.jet.2013.07.022
Career Concerns
- Holmstrom (1999 REStud) Managerial Incentive Problems: A Dynamic Perspective 10.1111/1467-937X.00083
- Board Meyer-ter-Vehn (2013 Ecta) Reputation for Quality 10.3982/ECTA9039
- Cisternas (2018 AEJMicro) Career Concerns and the Nature of Skills 10.1257/mic.20160277
Moral Hazard
- Sannikov (2008 REStud) A Continuous-Time Version of the Principal-Agent Problem 10.1111/j.1467-937X.2008.00486.x
- Georgiadis (2014 REStud) Projects and Team Dynamics 10.1093/restud/rdu031
Experimentation in Principal-Agent Problems
- McClellan (2022 Ecta) Experimentation and Approval Mechanisms 10.3982/ECTA17021
Monopolistic Pricing
- Bergemann Välimäki (2006 JPE) Dynamic Pricing of New Experience Goods 10.1086/506923
Competitive Pricing
- Bergemann Välimäki (2000 REStud) Experimentation in Markets 10.1111/1467-937X.00128
Bargaining
- Ortner (2019 GEB) A continuous-time model of bilateral bargaining 10.1016/j.geb.2018.12.001
- Daley Green (2012 Ecta) Waiting for News in the Market for Lemons 10.3982/ECTA9278
Reputational Bargaining
- Faingold Sannikov (2011 Ecta) Reputation in Continuous-Time Games 10.3982/ECTA7377
Job Matching (Macro)
- Moscarini (2005 Ecta) Job Matching and the Wage Distribution 10.1111/j.1468-0262.2005.00586.x
Menu Pricing (Macro)
- Alvarez Lippi (2014 Ecta) Price Setting With Menu Cost for Multiproduct Firms 10.3982/ECTA10662
Firm Size (Macro)
- Gabaix (1999 QJE) Zipf’s Law for Cities: An Explanation 10.1162/003355399556133
- Luttmer (2007 QJE) Selection, Growth, and the Size Distribution of Firms 10.1162/qjec.122.3.1103
Technology Diffusion and Growth (Macro)
- Perla Tonetti Waugh (2021 AER) Equilibrium Technology Diffusion, Trade, and Growth 10.1257/aer.20151645
Noisy Traders (Finance)
- Kyle (1985 Ecta) Continuous Auctions and Insider Trading 10.2307/1913210
Applications in Health/Education/Development
- Meyer Rees (2012 JHEcon) Watchfully waiting: Medical intervention as an optimal investment decision 10.1016/j.jhealeco.2012.02.002
- Flood Marion (1997 JDevE) The size and timing of devaluations in capital-controlled economies 10.1016/S0304-3878(97)00034-5
- Tyrrell-Hendry (2024 JPubE) Should I Stay (in School) or Should I Go (to Work) 10.1016/j.jpubeco.2024.105226