Front Quad of Lincoln College, the walls covered in bright green ivy

Dr Alexei Parakhonyak

Dr Alexei Parakhonyak

  • Amelia Ogunlesi Fellow in Economics


I studied Economics as an undergraduate (BA, 2002) at Higher School of Economics, Nizhny Novgorod and a graduate (MA, 2004) at Higher School of Economics, Moscow. After working for almost two years at Deloitte, I continued my studies at Erasmus University Rotterdam and Tinbergen Institute, where I obtained my PhD in 2010. In 2010-2015 I worked as an Assistant and Associate Professor at Higher School of Economics, Moscow. In 2015 I moved to Oxford to take up the position of Associate Professor at the Department of Economics and Tutorial Fellow at Lincoln College.

College teaching

I teach an array of Microeconomics related courses to undergraduates, including the Micro part of Prelims and core Micro, as well as optional courses like Microeconomic Analysis or Game Theory.


My primary research area is theoretical industrial organisation, with the focus on the role of information in consumer markets. I work on consumer search, advertising, social learning, and network externalities in consumer markets.

Select publications

Optimal Sales Schemes for Network Goods (with N. Vikander), Management Science vol. 65(2), 2019, pp. 819-841, doi

Shopping Malls, Platforms and Consumer Search (with M. Titova), International Journal of Industrial Organization 58, 2018, pp. 183-213, doi

Non-Reservation Price Equilibria and Consumer Search (with M.C.W. Janssen and An. Parakhonyak) , Journal of Economic Theory 172, 2017, pp. 120-162, doi

Non-Reservation Price Equilibria and Search Without Priors (with A. Sobolev), The Economic Journal 125(584), 2015, pp. 887-909, doi

Consumer Search Markets With Costly Revisits (with M.C.W. Janssen), Economic Theory 55(2), 2014, pp. 481-514, doi