Main Publications

  1. Alexander Matros, Vladimir Smirnov and Andrew Wait, ‘Sunk costs, entry and clustering’, Economic Theory (Accepted).
  2. Alexander Matros, Natalia Ponomareva, Vladimir Smirnov and Andrew Wait, ‘Search without looking’, Journal of Economic Dynamic and Control, 2022, 139, 104441. Link
  3. Vladimir Smirnov and Andrew Wait, ‘Preemption with a Second-Mover Advantage’, Games and Economic Behaviour, 2021, 129, 294-309. Link
  4. Nicolas de Roos and Vladimir Smirnov, ‘Collusion, price dispersion, and fringe competition’, European Economic Review, 2021, 132, 103640. Link
  5. Oleksii Birulin, Vladimir Smirnov and Andrew Wait, ‘The evolving nature of the college wage premium’, Economic Modelling, 2020, 93(C), 474-479. Link
  6. Nicolas de Roos and Vladimir Smirnov, ‘Collusion with intertemporal price dispersion’, the Rand Journal of Economics, 2020, 51(1), 158-188. Link
  7. Nicolas de Roos, Alexander Matros, Vladimir Smirnov and Andrew Wait, ‘Shipwrecks and treasure hunters’, Journal of Economic Dynamic and Control, 2018, 90, 259-283. Link
  8. Jordi Mckenzie and Vladimir Smirnov, ‘Superstars and Market Expansion: Theory and Evidence from Motion Pictures’, Journal of Cultural Economics, 2018, 42(2), 341-352. Link
  9. Roland Bel, Vladimir Smirnov and Andrew Wait, ‘Managing change: communication, managerial style and change in organizations’, Economic Modelling, 2018, 69, 1-12. Link
  10. Vladimir Smirnov and Andrew Wait, ‘Contracts, Incentives and Organizations: Hart and Holmstrom Nobel Laureates’, Review of Political Economy, 2017, 29(4), 493-522. Link
  11. Alexander Matros and Vladimir Smirnov, ‘Duplicative Search’, Games and Economic Behavior, 2016, 99, 1-22. Link
  12. Roland Bel, Vladimir Smirnov and Andrew Wait, ‘Spoiling synergy’, Economics Letters, 2016, 143, 80-83. Link
  13. Vladimir Smirnov and Andrew Wait, ‘Technology, team production and incentives’, Economics Letters, 2016, 141, 91-94. Link
  14. Vladimir Smirnov and Andrew Wait, `Innovation in a generalized timing game’, International Journal of Industrial Organization, 2015, 42, 23-33. Link
  15. Roland Bel, Vladimir Smirnov and Andrew Wait, ‘Team composition, worker effort and welfare’, International Journal of Industrial Organization , 2015, 41, 1-8. Link
  16. Maxim Mai, Vladimir Smirnov and Andrew Wait, ‘Ownership, access and sequential investment’, Canadian Journal of Economics, 2014, 47(1), 203-231. Link
  17. Vladimir Smirnov and Andrew Wait, `Bundling in auctions with non-linear valuations’, Australian Economic Papers, 2011, vol. 50(1) pp. 17-26. Link
  18. Anthony Rush, Vladimir Smirnov and Andrew Wait, ‘Communication breakdown: consultation or delegation from an expert with uncertain bias,’ The B.E. Journal of Theoretical Economics, 2010, Vol. 10 : Iss. 1 (Topics), Article 34. Link
  19. Vladimir Smirnov and Andrew Wait, ‘Market Entry Dynamics with a Second-Mover Advantage,’ The B.E. Journal of Theoretical Economics, 2007, Vol. 7, Iss. 1 (Advances), Article 11. Link
  20. Vladimir Smirnov and Andrew Wait, ‘Staged Financing with a Variable Return,’ The B.E. Journal of Theoretical Economics, 2007, Vol. 7 : Iss. 1 (Contributions), Article 5. Link
  21. Suren Basov, Vladimir Smirnov and Andrew Wait, ‘Market niche, flexibility and commitment’, The Manchester School, 2007, vol. 75(1) pp. 122-130. Link
  22. Vladimir Smirnov and Andrew Wait, ‘Coordination Games and the Option to Wait’, Economics Bulletin, 2005, vol. 3, No. 18 pp. 1-4. Link
  23. Vladimir Smirnov and Andrew Wait, ‘Hold-up and Sequential Specific Investments’, the Rand Journal of Economics, 2004, vol. 35(2), pp. 386-400. Link
  24. Vladimir Smirnov and Andrew Wait, ‘Timing of Investments, Hold-up and Total Welfare’, International Journal of Industrial Organization, 2004, vol. 22(3), pp. 413-25. Link
  25. Vladimir Smirnov and Andrew Wait, ‘Industry Sunk Costs and Entry Dynamics’, Economics Bulletin, 2004, vol. 12, No. 4 pp. 1-7. Link

In Russian


  1. Vitali Belenky and Vladimir Smirnov, ‘Rejection of the turnpike hypothesis in the economic dynamics optimization problem with the Rawls criterion’ (Russian), Econom. i Mat. Metody, 2003, N. 2. Link
  2. Vitali Belenky and Vladimir Smirnov, ‘Optimal Investment in Development of New Technology (the exponential distribution case)’ (Russian), Econom. i Mat. Metody, 1999, N. 1. Link

Book Chapters


  1. Vladimir Smirnov and Andrew Wait, ‘Industry Sunk Costs and Entry Dynamics’, Published in Contemporary Issues in Economics and Econometrics, R. Becker and S. Hurn (eds.) 2004.
  2. Vitali Belenky and Vladimir Smirnov, ‘Discounted Spectrum of a stationary game’, Analysis and Modelling of Economic Processes, The Collection of Articles, ed. V.Z.Belenky. Issue 1. - Moscow, CEMI Russian Academy of Sciences, 2004. (In Russian)

Other Writings


  1. Vladimir Smirnov and Andrew Wait (2021), `The race to the market: Here’s why waiting to launch your product could lead to market dominance’, SmartCompany, 27 August 2021. Link
  2. Oleksii Birulin, Vladimir Smirnov and Andrew Wait (2020), A media release on university-wage premium, featured on the University of Sydney website. Link
  3. Mark Melatos and Vladimir Smirnov (2017), `The big four banks dropped ATM fees’. Link