Biography
Emel Filiz Ozbay received her PhD with distinction from Columbia University in 2007 and joined the University of Maryland faculty in the same year. Her fields of interest are theoretical economics, contract theory, decision theory, and experimental economics. Her research addresses the questions of how economic contracts should be written when contracting agents have different understandings of the uncertainty surrounding them, and how the behavior of agents changes depending on their risk and ambiguity attitudes. In a recent experimental study, she shows how bidding behavior is determined by agents' anticipation of regret in auctions. Her recent publications include "Auctions with Anticipated Regret: Theory and Experiment" (with E. Ozbay), American Economic Review, 2007; "Ambiguous Events and Maxmin Expected Utility" (with M. Amarante), Journal of Economic Theory, 2007. She teaches a graduate-level contract theory course and the first part of Microeconomics I for the PhD program.
Areas of Interest:
Microeconomics, Contract Theory, Decision Theory, Experimental Economics