Oktay Akkus

Principal Economist


Ph.D., Economics, University of Chicago
M.A., Economics, University of Chicago
M.A., Economics, Sabanci University, Turkey
B.S., Industrial Engineering, Marmara University, Turkey

T: (703) 516-7764

Oktay Akkus analyzes the economic impact of price-fixing, monopolization, and other anticompetitive behavior in industries as diverse as consumer electronics and transportation. His experience includes building predictive models, conducting simulations, and performing cost-benefit analyses.

Dr. Akkus has assessed the economic impact of new products in the pharmaceutical industry, supported the examination of a proposed acquisition in professional sports for compliance with antitrust law, and helped devise and improve a model for predicting asbestos claims. He has written and presented research on industrial organization, pricing of initial public offerings, and the determinants of bank mergers.

Dr. Akkus holds a doctorate in economics from the University of Chicago and an undergraduate degree in industrial engineering from Marmara University in Turkey.

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Antitrust, industrial organization, applied econometrics

Selected Publications & Presentations

“The Determinants of Bank Mergers: A Revealed Preference Analysis,” with J. A. Cookson and A. Hortacsu in Management Science 62(8):2241-2258


Endogenous Matching, Underwriter Reputation, and the Underpricing of Initial Public Offerings (working paper with J.A. Cookson and A. Hortacsu).


Midwest Economic Association Conference, Minneapolis, 2007


International Industrial Organization Conference, Savannah, 2007


University of Chicago, Industrial Organization seminar, 2006, 2007, 2008


Central Bank of Turkey, Central Bank of Canada, Sabanci University, Koc University, Bilkent University, 2009


English (fluent), Turkish (native), German (basic)

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