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
Professor of Economics
Economics Researcher
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
Statistical Techniques
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
Mathematics Analysis
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
About Jeffrey Ely
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.
Research
Feedback Design in Dynamic Moral Hazard Joint with George Georgiadis and Luis Rayo
We study the joint design of dynamic incentives and performance feedback for an environment with a coarse (all-or-nothing) measure of
Ruth, Anthony, and Clarence
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.”
Sequential Information Design Joint with Laura Doval
We study games of incomplete information as both the information structure and the extensive form vary. An analyst may know the payoff-
Moving the Goalposts Joint with Martin Szydlowski
We study information as an incentive device in a dynamic moral hazard frame- work. An agent works on a task of uncertain difficulty, modeled
Beeps
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.
Critical Types Joint with Marcin Peski
How can we know in advance whether simplifying assumptions about beliefs will make a difference in the conclusions of
Teaching
Intermediate Micro Course
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.
Signal & Noise
Here’s the Best Way to Rotate Workers into Buildings to Curb the Spread of Covid19
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
Purple Pricing Hits The Nail On The Head
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
Play Video
Videos
Invited Lecture by
Professor Jeffrey Ely on "Moving the Goalposts"
2017 Asian Meeting of the Econometric Society UCI Institute for Mathematical Behavioral Science
Previous
Next
