William Fuchs got his PhD from the Economics Analysis and Policy Group at the Stanford Graduate School of Business in 2005. Upon graduation he joined the Economics Department at the University of Chicago as an Assistant Professor and Thornber Research Fellow. In 2009 he moved back west to join the Finance Group at UC Berkeley’s Haas School of Business. He is now a distinguished researcher at Universidad Carlos III and an Associate Professor at UT Austin McCombs School of Business.
William’s research focuses on situations with a poor contractual environment due to asymmetric information or lack of formal enforcement. He studies how repeated interactions or policies can be used to partially overcome the underlying frictions.
His work, which has been published in some of the most important economics and finance journals, is mostly theoretical and carried out at a relatively high level of abstraction, but the insights gathered can be widely applied from the design of transnational institutions, to the design of contracts within an organization, and the regulation of diverse markets by governments. [More on his research]
William’s research has also been supported by some of the most prestigious grants, including two NSF Grants and a Consolidator Grant from the European Research Council.
Asriyan, V., Fuchs, W., and, Green, B. "Information Spillovers in Asset Markets with Correlated Values". American Economic Review, 2017
Fuchs, W., Garicano, L., and Rayo, L. "Optimal Contracting and the Organization of Knowledge". Review of Economic Studies, 2015
Fuchs, W., and Skrzypacz, A. "Bargaining with Arrival of New Traders". American Economic Review, 2010
Fuchs, W. "Contracting with Repeated Moral Hazard and Private Evaluations". American Economic Review, 2007
Fuchs, W., and Lippi, F. "Monetary Union with Voluntary Participation". Review of Economic Studies No.2, Volume: 73, April 2006.
Fuchs, W., and Skrzypacz, A. "Costs and Benefits of Dynamic Trading in a Lemons Market". Review of Economic Dynamics (2019)
Asriyan, V., Fuchs, W., and, Green, B. "Information Aggregation in Dynamic Markets with Adverse Selection".
Fuchs, W., Green, B., and Levine, D. "Optimal Arrangements for Distribution in Developing Markets".
Carrasco, V., and Fuchs, W. "Dividing and Discarding: A Procedure for Taking Decisions with Non-transferable Utility".
Carrasco, V., Fuchs, W., and Fukuda, S. "From Equals to Despots: The Dynamics of Repeated Group Decision Taking with Private Information". Journal of Economic Theory (2019)