Hikmet Gunay
March 2022
EMPLOYMENT HISTORYDistinguished Professor of Economics, Dongbei University of Finance and Economics,2021-2024.
Professor, Department of Economics, University of Manitoba, 2018-present.
Associate Professor, Department of Economics, University of Manitoba, 2009-2018
Assistant Professor, Department of Economics, University of Manitoba, 2004-2009.
ACADEMIC DEGREES
2003 PhD in Economics, University of Iowa.
2001 MS in Mathematics, University of Iowa
2001 MA in Economics, University of Iowa.
1995 MS in Economics, METU (Middle East Technical University).
1993 BS in Economics, METU (Middle East Technical University).
MAJOR FIELDS OF CONCENTRATION:Industrial Organization, Microeconomics, Applied (Game and Economic) Theory.
PUBLICATIONS:
1. “Tariffs, R&D, and Two Merger Policies,” (with Mehdi Arzandeh) Accepted for
publication. Review of International Economics. 2022 (ABDC Journal Ranking A)
2. “Different number of bidders in sequential auctions” (with Xin Meng) Accepted for
publication. Hitotsubashi Journal of Economics. Forthcoming in 2022. (ABDC JournalRanking B)
3. ``Exposure Problem in Multi-Unit Auctions," (with Xin Meng). International Journal ofIndustrial Organization. Vol 52, 165-187, May 2017. (ABDC Journal Ranking A)4. ‘’Social Learning and Delay in a Dynamic Model of Price Competition," (with Masaki
Aoyagi and Manaswini Bhalla). Journal of Economic Theory, Vol 165, 565-600, 2016.
(ABDC Journal Ranking A*)
5. ``Uniqueness of the Reserve Price with Asymmetric Bidders," (with Xin Meng and MarkNagelberg). METU Studies in Development, Vol 43, 497-506, 2016.

6. ``Waiting For Signalling Quality," Southern Economic Journal, Vol. 81, No. 2, pp. 364386, 2014. (ABDC Journal Ranking A)
7. ``Strategic Waiting in the IPO market," (with Gonul Colak), Journal of CorporateFinance, Vol 17(3), 555-583, 2011. (ABDC Journal Ranking A*)
8. The 2000 Turkish Cell-Phone License Auction," (with Xin Meng) Applied Economics
Research Bulletin, Peer Reviewed Working Paper Series. Vol 4, Spring 2010. (Journaldiscontinued)
9. ``The Role of Externalities and Information Aggregation in Market Collapse,"
Economic Theory, Vol 35 (2), 367-379, 2008. (ABDC Journal Ranking A*)
10. ``Strategic Delay in Market Entry," Canadian Journal of Economics, Vol 41 (3), 9981014, 2008. (ABDC Journal Ranking A)
11. ``Information Aggregation under Strategic Delay," Economics Bulletin, Vol 12 (23), 1-8,
2008. (ABDC Journal Ranking C)
12. ``Predatory Bidding in Sequential Auctions," (with Xin Meng), Economics Bulletin, Vol
4 (12), 1-5, 2007. (ABDC Journal Ranking C)
WORKING PAPERS AND WORK IN PROGRESS
13. “Which good to sell first in a sequential auction?” (with Xin Meng). HIAS Discussion
Paper E-45. 2017. Being revised for a submission. 2021.
14. “Petrol fiyatlarini ne eksi yapti?” Book chapter prepared in honor of Dr. Eyup Ozveren.
2020.
VISITING POSITION AND SHORT-TERM VISITSMETU, Summer 2022 (scheduled)
Osaka University, Institute of Social and Economic Research, April-December 2020.
Middle East Technical University, December 2019.
Kyoto University, Kyoto Institute of Economic Research, April-June, 2019.
Middle East Technical University, July to August 17, 2017.
Hitotsubashi Institute for Advanced Study (HIAS), Hitotsubashi University, HIAS Research
Fellow, September 12, 2016 to June 30, 2017.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, April-July, 2016.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Fellow, April-June, 2015.

Aalto University, Helsinki. Jan 29-Feb 8, 2015.
METU, Ankara. December-February, 2015.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, April-July 2014.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, April-July 2013.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, April-July 2012.
Indian Statistical Institute (ISI), Delhi. February 2012.
IGIDR, Mumbai. January-February, 2012.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, May-July 2011.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, October-December 2010.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, April-July 2010.
Bilkent University, Ankara. April-May, 2008.
University of Melbourne, Melbourne. A week in March 2008.
Osaka University, Institute of Social and Economic Research (ISER), Osaka. Visiting Research
Scholar, January-March 2008.
Concordia University, Montreal. Visiting Limited Term Appointment, August 2003- May 2004.
This is not a complete list.

SEMINARS:
2019 Kyoto University, KIER, Japan. METU, Ankara, Turkey.
2017 University of Auckland. Auckland, New Zealand.
2017 Victoria University of Wellington. Wellington, New Zealand2017 University of Saskatchewan. Saskatoon, Canada.
2016 Dongbei University of Finance and Economics. Dalian, China.
2016 Hitotsubashi University. Tokyo, Japan.
2016 Osaka-ISER, University of Winnipeg. Canada.
2016 Kobe University (Workshop), Kyoto University (Workshop). Japan.
2015 Aalto University. Helsinki, Finland.
2015 Singapore Management University. Singapore.
2014 Middle East Technical University (METU), Ankara, Turkey.
2013 Kobe University. Japan.
2013 Hiroshima University. Japan.
2013 Ritsumeikan University. Japan.
2012 Nanyang Technological University. Singapore.
2012 ISI-Delhi, IGIDR-Mumbai. India.
2012 IIM-Bangalore. India.
2012 Hitotsubashi University. Tokyo, Japan.
2011 TOBB-ETU. Ankara, Turkey.
2011 Shanghai Jiao Tong University. China.
2010 Kyoto University KIER. Japan.
2010 Osaka University-ISER. Japan.
2009 Florida State University. USA.
2009 Middle East Technical University (METU). Ankara, Turkey.
2009 Tobb-Etu. Ankara, Turkey.
2008 University of Melbourne (Economic Theory Workshop). Australia.
2008 Osaka University-ISER. Japan.

2008 Bilkent University. Ankara, Turkey.
2007 University of Windsor. Canada.
2007 University of Saskatchewan. Canada.
2007 University of Winnipeg. Canada.
2006 York University. Toronto, Canada.
2006 Ryerson University. Toronto, Canada.
2006 Georgia Institute of Technology (Georgia Tech). Atlanta, USA.
2005 University of Manitoba. Canada.
2004 University of Saskatchewan. Saskatoon, Canada.
2003 Concordia University. Montreal, Canada.
CONFERENCES
2021 International Online Social Sciences Conference, held at Canakkale 18 Mart
University, Canakkale, Turkey.
2016 Asia Pacific Trade Seminars (APTS 2016) held at Taipei, Taiwan.
2016 Industrial Organization and Management Strategy (IOMS 2016) that held at Hong
Kong University Science and Technology, Hong Kong,
2016 International Industrial Organization Conference (IIOC) held at Drexel University,
Philadelphia, USA.
2014 Asian Meeting of Econometric Society (AMES 2014) held at Academia Sinica inTaipei, Taiwan.
2014 Industrial Organization Conference held at Dongbei University of Finance andEconomics, Dalian, China.
2013 University of Iowa, Iowa Alumni Workshop/Conference.
2012 10th International Industrial Organization Conference (IIOC) held at George Mason
University, Washington DC.
2011 SWUFE-RIEM Conference, Chengdu-China.

2010 Northern Finance Association (NFA) meetings held in Winnipeg.
2009 Midwest Economic Theory Conference held at Penn State University;
2009 43rd Canadian Economics Association Meetings in Toronto; Ryerson University;
2009 University of Iowa Alumni Workshop/Conference.
2007 5th Annual International Industrial Organization Conference, Savannah, GA,2007 Midwest Economic Theory Conference held at the University of Minnesota,
Minneapolis,
2007 41st Canadian Economics Association Meeting held in Halifax.
2006 Delta Marsh Conference held in Manitoba,
2006 40th Canadian Economics Association Meeting held in Montreal,
2006 Midwest Economic Theory Conference held at Michigan State,2006 2nd ICBME held in Cesme, Turkey.
2005 University of Manitoba,
2005 80th Western Economic Association International Conference held at San Francisco
2005 1st ICBME held in Cesme-Turkey.
2004 Midwest Economic Theory Conference held at Washington University, St. Louis.
2003 Iowa Alumni Workshop, University of Iowa,
2003 Midwest Economic Theory Conference held at Indiana, University, Bloomington.
2002 Midwest Economic Theory Conference held at the University of Notre Dame.
2001 South-East Economic Theory and International Economics Conference held at Florida
International University.
2000 Midwest Economic Theory Conference held at the University of Minnesota.
JOURNAL REFEREEING
Journal of Industrial Economics,
Economic Journal,

International Economic Review,
Economic Theory,
European Economic Review,
International Journal of Industrial Organization,
Canadian Journal of Economics,
The BE Journal of Economic Analysis and Policy,
Energy Economics,
Journal of Public Economic Theory,
Journal of Institutional and Theoretical Economics,
Hitotsubashi Journal of Economics,
Economics Bulletin,
Economics E-Journal,
International Journal of Business, Management and Economics,
Sosyoekonomi,
1st ICBME Conference Proceeding,QNRF (Qatar National Research Fund).
SSHRC.
GRANTS
January 2014-December 2016. The National Natural Science Foundation of China, (My roleis Foreign Expert), RMB 150000.
May 2008-March 2012. SSHRC-Management, Business and Finance, (My Role is Principal
Investigator) CAD$ 69600.
2004-2020. Travel grants from various universities to cover my travel expenses for theseminar or conference talks and/or visits.
Various research grants from Hitotsubashi University, Kyoto University, and Osaka
University while visiting them.

Various internal grants at the University of Manitoba.
TEACHING EXPERIENCE
Auction Theory (Hitotsubashi University. Graduate level).
Microeconomics (Ph.D., Honors, Intermediate, Principles levels).
Industrial Organization (PhD level, Undergraduate levels).
Advanced Industrial Organization (PhD level).
Mathematical Economics (Graduate and undergraduate levels).
Auctions and Game Theory (Graduate level).
Game Theory, (Undergraduate level).
Statistics (Undergraduate level).
Economics of Regulation (Undergraduate level).
Macroeconomics (Intermediate level).

SUPERVISION OF GRADUATE STUDENTS
2015-2019. Shi Li. PhD student of Finance. Committee Member.
2014-2019. Chengbo Fu. PhD student of Finance. Committee Member.
2012-2017. Mehdi Arzandeh. Ph.D. Student of Economics. Committee Member.
2006-2010. Xin Meng. Ph.D. Student of Economics. Main Advisor. Received SSHRC
Doctoral Fellowship in 2008.
2009 Ning Ma. MA Committee Member (Agricultural Economics). Completed.
2007 Chuntai Jin. Supervision of MA Paper. Committee Member. Completed.
2007 Wenguo Yue. Supervision of MA Paper. Committee Member. Completed.
2007 Jeffrey McCulloch. MA Committee Member. Completed.
2006 Jun Zhao. MA Committee Member. Completed.

SERVICE
Graduate Committee Member 2020-presentSteering Committee member, 2018
Economics and Econometrics Committee member, 2016-present.
Graduate Director, June 2013-March 2016.
Carleton University, External PhD Committee Member, 2016.
Tenure Committee, Asper Business School. 2010, 2014.
Promotion Committee, Economics Department. 2011, 2013.
Research Committee, Faculty of Arts. 2012-2014.
Graduate Studies Committee, 2010-2011
Tenure and Promotion Committee, Economics Department. 2010.
Department Head Hiring Committee. 2009.
MA and PhD comprehensive examinations (Microeconomics) in various years
PhD comprehensive examinations (Industrial Organization) 2007.
Steering Committee. 2008-2009.
Seminar Committee. 2005-2012.
Teaching Committee. 2005-2008.
Spousal Hiring Committee. 2006.
General Studies Committee. 2004-2005.
TEACHING EVALUATION RESULTS
Most of my teaching evaluation scores are above 4.50 (out of 5).
CONTACT INFORMATIONADDRESS: Department of Economics, University of Manitoba, 501 Fletcher Argue Bldg.,
Winnipeg, MB, R3T 5V5.

E-MAIL: hikmet.gunay@umanitoba.ca
TEL: (1) 204 474 8915