Business and Public Policy
These days my research primarily revolves around e-commerce and the economics of
During the 2011-2013 academic years I was on leave at eBay research labs,
where I hired and led a team of research economists. Our work focused on the economics of
e-commerce, with particular attention to creating better matches of buyers and
sellers, reducing market frictions by increasing trust and safety in eBay's
marketplace, understanding the underlying value of different advertising and
marketing strategies, and exploring the market benefits of different pricing
structures. Aside from the economics of e-commerce, my main fields of interest
are the economics of incentives and organizations, industrial organization, and microeconomics.
Some of my past research aspired to advance our understanding of the roles played
by two central institutions---firms and contractual agreements---and how these
institutions facilitate the creation of value. Within this broader framework,
I explored firm reputation as a valuable, tradable asset; the effects of contract
design and organizational form on firm behavior with applications to outsourcing
and privatization; public and private sector procurement and award mechanisms;
and the determinants of trust.
To learn more about my work, my teaching, or my textbook Game Theory: An
Introduction, please use the links at the
top of this page.
You can also use the link
"OEW Seminar Series" above to view the current schedule of the "Oliver E.
Williamson Seminar on Institutional
Analysis", more fondly known as the "Williamson Seminar", named after my
colleague, friend, and coauthor, Olly Williamson.