László Á. Kóczy is a professor at the Finance Dept and the director of QSMS. He graduated from the University of Cambridge reading Mathematics and from KU Leuven in Economics, where he also completed his PhD under the supervision of Luc Lauwers. He has spent some time at Maastricht and Óbuda Universities before joining BME. He is also affiliated with the Centre for Economic and Regional Studies. He has published 50 papers in the fields of cooperative game theory, voting, economic theory and scientometrics. He published his book on Partition function form games in 2018 by Springer. He is currently working on the theory and applications of cooperative games, power indices, the apportionment problem and some experimental papers. >>>download_CV
QA341, Department of Finance, Faculty of Economic and Social Sciences, Budapest University of Technology and Economics, Magyar tudósok körútja 2, H-1117 Budapest. email@example.com
Cooperative game theory; economic theory; experimental economics; matching; social choice theory; voting; risk; networks; scientometrics
- Kóczy L. Á., Csercsik D., Sziklai, B. (2022): Nord Stream 2: A prelude to war, Energy Strategy Reviews 44, 100982 (D1)
- Kiss H.J., Kóczy L.Á., Pintér Á., Sziklai B.R. (2022): Does risk sorting explain overpricing in experimental asset markets? Journal of Behavioral and Experimental Economics 99, 101882. (Q2)
- Kóczy L. Á. (2022): Core-stability over networks with widespread externalities, Annals of Operations Research. (Q1)
- Petróczy D. G., Rogers M. F., Kóczy L. Á. (2022): Exits from the European Union and Their Effect on Power Distribution in the Council. Games 13(1), 18
- Staudacher J., Kóczy L. Á., Stach I., Filipp, J., Kramer M., Noffke T., Olsson L., Pichler J., Singer T. (2021): Computing power indices for weighted voting games via dynamic programming. Operations Research and Decisions 31 (2) 123-145.
- Kóczy L. Á. (2021): Brexit and Power in the Council of the European Union. Games 12(2), 51.
- Herings, P.J.J., Kóczy L. Á. (2021): The equivalence of the minimal dominant set and the myopic stable set for coalition function form games, Games and Economic Behavior 127, 67-79. (D1)
- Fertő, I., Kóczy, L.Á., Kovács A., Sziklai, B.R. (2020): The power ranking of the members of the Agricultural Committee of the European Parliament, European Review of Agricultural Economics 47 (5), 1897-1919.
- Sziklai, B., Kóczy L. Á., Csercsik D., Hubert, F., (2020): The impact of Nord Stream 2 on the European gas market bargaining positions, Energy Policy 144, 111692.
- Csercsik D., Hubert, F., Kóczy L. Á.; Sziklai, B. (2019): Modelling transfer profits as externalities in a cooperative game-theoretic model of natural gas networks, Enegy Economics 80, 355-365.
- Kóczy, L. Á. (2018). Partition Function Form Games. Theory and Decision Library C 48, Springer International Publishing.
- Kóczy L. Á., Biró P., Sziklai B. (2017): US vs. European Apportionment Practices: The Conflict between monotonicity and proportionality, Trends in Computational Social Choice, ed.: Ulle Endriss, 309-325.
- Kóczy L. Á. (2015): Stationary consistent equilibrium coalition structures constitute the recursive core, Journal of Mathematical Economics 61, 104-110.
- Biró, P.; Kóczy L. Á.; Sziklai, B. (2015): Fair apportionment in the view of the Venice Commission’s recommendation, Mathematical Social Sciences 77, 32-41.
- Kóczy L. Á. (2012): Beyond Lisbon: Demographic trends and voting power in the European Union Council of Ministers, Mathematical Social Sciences 63, 152-158.
- Csóka, P., Herings, P.J.J., Kóczy L. Á., Pintér P.M. (2011): Convex and exact games with non-transferable utility, European Journal of Operations Research 209, 57-62.
- Kóczy L. Á. (2007): A recursive core for partition function form games, Theory & Decision 63, 41-51.
- Csóka, P., Herings, P.J.J., Kóczy L. Á. (2009): Stable allocations of risk, Games and Economic Behavior 67, 266-276.
- Kóczy L. Á., L. Lauwers (2007): The minimal dominant set is a non-empty core-extension, Games and Economic Behavior 61, 2., 277-298.
- Kóczy L. Á., L. Lauwers (2004): The coalition structure core is accessible, Games and Economic Behavior 48, 86-93.
Work in progress
- Power and preferences (with Balázs R. Sziklai)
- The men who weren’t even there: Legislative voting with absentees (with Miklós Pintér)
- Játékelmélet és jog. [Game theory and law] Written for Jakab – Sebők – Szalai (eds.): Empirikus jogi tanulmányok paradigmái és módszertana. Gyakorlati bevezetés jogászoknak [Paradigms and methods for empirical legal studies: a practical introduction for lawyers] (2019, in preparation)
- Cooperation, Selfishness and Joint Risks in Industrial Clusters (with Endre Gedai, Gerd Meier zu Köcker, and Zita Zombori)
- The World Cup of economics journals: A ranking by the tournament method (with Martin Strobel)
- An experimental investingation of soft-constrained school choice (with Péter Biró, János Hubert Kiss, Joana Pais and Balázs Sziklai)
- The analysis of European apportionment practices (with Balázs Sziklai)
- Voting power in international organizations (with Orsolya Szendrey)
- A risk-based evaluation of European natural gas supply security – The case of Nordstream 2 (with Dávid Csercsik and Balázs Sziklai)
- Core-theoretical stability of the Kyoto-protocol (with Johan Eyckmans)
- Péter Csóka (Maastricht University, 2008)
- Péter Szikora (Óbuda University, 2016)
- Aykhan Masimli (BME, 2025 expected)
Research projects for students
- Social choice theory and its applications: The theory and applications of apportionment methods.
- Game theory and its applications to finance: Risk management in cooperative games with externalities
- Cooperative route-planning
- Dynamic and stochastic cooperative games