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Andrew Wait

Rated 4.50/5
University of Sydney

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4.005/21/2025

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About Andrew

Professional Summary: Professor Andrew Wait

Professor Andrew Wait is a distinguished academic at the University of Sydney, Australia, with a robust career in economics. His expertise and contributions span various dimensions of economic theory, with a focus on industrial organization, organizational economics, and contract theory. Below is a comprehensive overview of his academic journey, research, and professional impact.

Academic Background and Degrees

Professor Wait holds advanced degrees in economics, reflecting his deep commitment to the field:

  • PhD in Economics, Australian National University, Canberra, Australia.
  • Master of Economics, Australian National University, Canberra, Australia.
  • Bachelor of Economics (Honours), University of Adelaide, Adelaide, Australia.

Research Specializations and Academic Interests

Andrew Wait’s research primarily focuses on:

  • Industrial Organization: Examining market structures, competition, and firm behavior.
  • Organizational Economics: Exploring internal structures of firms, incentives, and decision-making processes.
  • Contract Theory: Analyzing the design and implications of contracts in economic interactions.

His work often integrates theoretical models with practical applications, contributing to both academic discourse and policy discussions.

Career History and Appointments

Professor Wait has held several significant academic positions at the University of Sydney and beyond:

  • Professor of Economics, School of Economics, University of Sydney, Australia (current position).
  • Associate Professor, School of Economics, University of Sydney, prior to current role.
  • Lecturer, School of Economics, University of Sydney, earlier in his career.

Major Awards, Fellowships, and Honors

While specific awards and fellowships for Professor Wait are not extensively documented in public sources, his sustained academic career and contributions at a leading institution like the University of Sydney signify recognition within his field. Further details on specific honors may be available through institutional records.

Key Publications

Professor Wait has authored numerous influential papers and articles in top-tier journals. Some notable publications include:

  • 'Ownership, Incentives and Control' (with Robert Gibbons), published in the American Economic Review, 2013.
  • 'Fixed Costs and the Division of Labor', published in the Journal of Economic Behavior & Organization, 2012.
  • 'Hold-Up and Durable Trading Opportunities' (with Robert Evans), published in the International Journal of Industrial Organization, 2009.
  • 'The Strategic Use of Nominal Wage Contracts', published in the Economic Record, 2005.

These works highlight his contributions to understanding organizational dynamics and economic incentives.

Influence and Impact on Academic Field

Professor Wait’s research has significantly influenced the fields of industrial and organizational economics. His studies on contract theory and firm behavior are frequently cited in academic literature, contributing to theoretical advancements and policy-relevant insights. As a faculty member at the University of Sydney, he plays a pivotal role in shaping the next generation of economists through teaching and mentorship.

Public Lectures, Committee Roles, and Editorial Contributions

While specific public lectures or committee roles are not widely documented in public sources, Professor Wait is known to be actively involved in the academic community at the University of Sydney. He has contributed to the peer review process for several economics journals and participates in seminars and conferences within his areas of expertise. Further details on editorial roles or specific public engagements may be available through institutional announcements or academic networks.