Stefan Krasa

Stefan Krasa is a Professor of Economics at the University of Illinois at Urbana-Champaign, affiliated with the College of Liberal Arts & Sciences and the Department of Economics. He serves as Director of the Ph.D. Program and has held this role since 2017.

Education:

• Ph.D. in Mathematics (sub auspiciis praesidentis), University of Vienna (June 1987)
• Master of Science in Mathematics, University of Vienna (Jan. 1985)

Research interests center on Microeconomics, Political Economy, and Game Theory. His work examines power dynamics in bargaining, electoral competition, strategic voting, and integrative negotiation frameworks. Recent publications focus on demagoguery's economic roots, voter behavior under policy shifts, and expressive benefits in electoral competition.

Article trends show sustained contributions to political economy, including models of multi-candidate electoral dynamics, integrative negotiation's role in surplus generation, and historical analysis of demagoguery. His work bridges economic theory with political science, emphasizing psychological factors, resource constraints, and institutional behaviors.

Scientific awards include:

• Economic Theory Fellow (2011)
• E. Schrödinger Research Scholarship (1987-1989)
• BEBR Summer Research Grants (1990, 1991)
• Educational Technology Board Grant (1999)
• NSF Grants (2003-2006, 2013-2016)
• List of Teachers Ranked as Excellent (multiple terms 1994-2022)
• EGSO Teaching Award (2014/2015)

Service and leadership include editorial board memberships with Economic Theory (1994-2001, 2005-2019) and Quarterly Review of Economics and Finance (since 2022). He has chaired departmental committees (Graduate Admissions, Awards Committee) and served on college-level panels.