
The Economics of Suspense
IMAGINE the following situation. After a grueling day at work, you plop down in front of your TV, ready to relax. Your TiVo has recorded
Jeff Ely Microeconomic Theory, Game Theory, Behavioral Economics, Evolution
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We study the joint design of dynamic incentives and performance feedback for an environment with a coarse (all-or-nothing) measure of
Non-partisan voters can become polarized not because of ideology but because it is optimal for them to remain uninformed and cancel out the votes of uninformed voters on “the other side.”
We study games of incomplete information as both the information structure and the extensive form vary. An analyst may know the payoff-
We study information as an incentive device in a dynamic moral hazard frame- work. An agent works on a task of uncertain difficulty, modeled
I introduce and study dynamic persuasion mechanisms. A principal privately observes the evolution of a stochastic process and sends messages over time to an agent.
How can we know in advance whether simplifying assumptions about beliefs will make a difference in the conclusions of
I teach undergraduate intermediate microeconomics, a 10 week course that is the second in a two-part seqeunce at Northwestern University. I have developed a unique approach to intermediate micro based originally on a course designed by my former colleague Kim-Sau Chung.
IMAGINE the following situation. After a grueling day at work, you plop down in front of your TV, ready to relax. Your TiVo has recorded
Here’s the Best Way to Rotate Workers (or Students) into Buildings to Curb the Spread of Covid-19An excellent write-up by Kellogg Insight of my work
A great write-up at Crain’s Chicago Business of the tremendoussuccess we had with Purple Pricing for the Northwestern-OhioState football game. A key quote: A great
Jeff Ely is the Charles E. and Emma H. Morrison Professor of Economics at Northwestern University and an accomplished latte-artist. He is the director of the Program in Mathematical Methods in the Social Sciences at Northwestern, a member of several editorial boards and co-author of the blog Cheap Talk.
Sandeep Baliga
The Wall Street Journal Numbers