Elif Dalkir

Elif Dalkir serves as an Associate Professor in the Department of Economics within the Faculty of Arts at the University of New Brunswick's Fredericton campus, leveraging her multidisciplinary Ph.D. in mathematics and economics to advance theoretical and applied research in financial economics. Her expertise in game theory forms the cornerstone of her analytical approach to complex corporate and market dynamics.

Her educational foundation encompasses advanced pure mathematics, directly enabling her rigorous methodological framework. Research interests span corporate governance structures, strategic shareholder voting mechanisms, private equity financing models, and the application of game-theoretic solutions to agency problems in finance. This work consistently bridges abstract mathematical modeling with tangible financial phenomena, particularly in debt contract design and shareholder interactions.

Analysis of her publication record reveals a cohesive research trajectory centered on strategic behavior in corporate finance, with recurring emphasis on tender offers, merger mechanics, and stakeholder incentives. Her 2018 paper in the Review of Financial Studies—featured on the Harvard Law School Forum—exemplifies how game theory deciphers power imbalances in freeze-out mergers, while earlier works establish theoretical foundations for partial tender offers under information asymmetry. Collectively, these studies demonstrate how mathematical precision illuminates real-world financial decision-making.

Professional engagement includes active development of research on pay-in-kind debt contracts in private equity, addressing agency costs and adverse selection through innovative contractual designs, as evidenced by her current work-in-progress on PIK Toggles.