Yuliy Sannikov

Professor, Economics

Yuliy Sannikov

The Jack Steele Parker Professor of Economics

Academic Area:


Yuliy Sannikov is a theorist who has developed new methods for analyzing continuous time dynamic games using stochastic calculus methods. His work has not only broken new ground in methodology, it has had a substantial influence on applied theory. He has significantly altered the toolbox available for studying dynamic games, and as a result of his contributions, new areas of economic inquiry have become tractable for rigorous theoretical analysis. The areas of application include the design of securities, contract theory, macroeconomics with financial frictions, market microstructure, and collusion.

Sannikov’s work is impressive. It is elegant, powerful, and it paves the way for further analysis on lots of problems. The early successes highlighted how even simple and well-studied models could yield new insight. His most recent work has tackled more complex models in finance and macroeconomics. Previous models abstracted from crucial economic forces in the name of tractability, but Sannikov’s methods allow models to include the most important forces and thus deliver results that are much more relevant. He is one of the few theorists in many years to have introduced a truly novel tool that changed the way theory is done.

Academic Degrees

  • PhD, Business Administration, Stanford GSB, 2004
  • AB, Mathematics, Princeton University, 2000

Academic Appointments

  • Professor of Economics, Stanford GSB, 2016–present
  • Professor, Economics Department, Princeton University, 2008–16
  • Visiting Professor of Economics, Harvard University, 2011–14
  • Assistant Professor, Finance Department, NYU, 2006–08
  • Visiting Associate Professor, Economics Department, MIT, 2007
  • Assistant Professor, Economics Department, UC Berkeley, 2004–08
  • Lecturer, Economics Department, Stanford University, 2003

Awards and Honors

  • Clark Medalist, American Economic Association Honors and Awards Committee, 2016
  • Fischer Black Prize, 2015
  • Kiel Excellence Award in Global Economic Affairs, 2014
  • Sloan Fellowship, 2010
  • Annual Schultz Lecture, University of Chicago, 2008
  • Review of Economic Studies Tour, 2004
  • Jaedicke Merit Award for Outstanding Academic Performance, Stanford GSB, 2000–03
  • Three Gold Medals in International Mathematical Olympiads, 1994–96
  • Graduated with High Honors from Sevastopol Visual Arts School, 1994


Journal Articles

Sebastian Di Tella, Yuliy Sannikov
May 13, 2021 Vol. 89 Issue 3 Pages 1099–1139
Dilip Abreu, Benjamin Brooks, Yuliy Sannikov
July 2020 Vol. 88 Issue 4 Pages 1661–1695
Yuliy Sannikov, Markus K. Brunnermeier
American Economic Journal: Macroeconomics
January 2015 Vol. 7 Issue 1 Pages 297-338
Markus K. Brunnermeier, Yuliy Sannikov
American Economic Review
February 2014 Vol. 104 Issue 2 Pages 379-421
Dilip Abreu, Yuliy Sannikov
Theoretical Economics
2014 Vol. 9 Pages 313-338
Alex Edmans, Xavier Gabaix, Tomas Sadzik, Yuliy Sannikov
The Journal of Finance
October 2012 Vol. 67 Issue 5 Pages 1603-1647
Eduardo Faingold, Yuliy Sannikov
May 2011 Vol. 79 Issue 3 Pages 773-876
Yuliy Sannikov, Andrzej Skrzypacz
May 2010 Vol. 78 Issue 3 Pages 847–882
Yuliy Sannikov
The Review of Economic Studies
July 2008 Vol. 75 Issue 3 Pages 957-984
Yuliy Sannikov, Andrzej Skrzypacz
American Economic Review
December 2007 Vol. 97 Issue 5 Pages 1794–1823
Yuliy Sannikov
September 2007 Vol. 75 Issue 5 Pages 1285-1329
Peter M. DeMarzo, Yuliy Sannikov
Journal of Finance
December 2006 Vol. 61 Issue 6 Pages 2681-2724

Working Papers

Yuliy Sannikov, Andrzej Skrzypacz December 7, 2016
Dilip Abreu, Benjamin Brooks, Yuliy Sannikov April 28, 2016
Markus K. Brunnermeier, Yuliy Sannikov January 12, 2016
Yuliy Sannikov April 22, 2014
Kyna Fong, Olivier Gossner, Johannes Horner, Yuliy Sannikov April 10, 2011

School News

November 02, 2016
This fall, the Stanford Graduate School of Business welcomed six new professors — including the 2016 winner of the prestigious John Bates Clark award, Yuliy Sannikov — and 11 lecturers.