معرفی
Selman Erol is an Associate Professor of Economics at the Tepper School of Business, Carnegie Mellon University, where he also serves as the Director of Undergraduate Research in Economics since 2023. His academic career includes a postdoctoral research position at MIT Economics (2016-2017) following his Ph.D. from the University of Pennsylvania in 2016.
Dr. Erol's educational background includes a Ph.D. from the University of Pennsylvania (2016) and a postdoctoral research position at MIT Economics (2016-2017). His academic journey demonstrates a strong foundation in economic theory and network analysis.
Erol's research centers on networks in economics and finance, with primary focus on contagion, resilience, network formation, and financial networks. His work explores how networks form endogenously and how they respond to external interventions, revealing counterintuitive findings such as the 'network hazard' phenomenon where interventions intended to reduce contagion paradoxically increase systemic risk. His research spans theoretical frameworks and empirical investigations across financial systems, pandemics, and social structures.
His 15 most recent publications demonstrate a consistent focus on network theory applications across diverse contexts - from financial systems and regulation to pandemics and social structures. A notable pattern is his exploration of unintended consequences of interventions in networked systems, where attempts to mitigate specific risks often create new vulnerabilities. His work on 'network hazard' has become a central theme, appearing across multiple contexts including financial networks, pandemic responses, and regulatory frameworks.
- Elsevier Best Paper on Financial Institutions, Western Finance Association, 2020
- Best Job Market Paper Runner-up prize, Finance Theory Group, 2016
Dr. Erol actively mentors students, including PhD candidate Ebrahimi and undergraduate research apprentices Beall and Zhang. His teaching portfolio includes Economics of Networks and Intermediate Microeconomics. He serves on professional committees including the Faculty Research Support Committee at CMU and provides peer review services for top journals including Econometrica, American Economic Review, and Journal of Finance. His research has been presented at major conferences including the Stony Brook Game Theory Conference and the Federal Reserve Interconnectedness of the Financial System Conference.
While not explicitly mentioning specific labs, Erol's work involves collaboration with researchers across institutions, particularly with Guillermo Ordoñez, Michael Junho Lee, and Rakesh V. Vohra, suggesting participation in interdisciplinary research networks focused on network theory applications in economics and finance.
