Meet the faculty of the Applied Theory Initiative and read about their research.

Scott Ashworth, Associate Professor

Scott Ashworth is an associate professor in the Harris School of Public Policy Studies at the University of Chicago. His research uses game-theoretic models to study a variety of issues in political science, with a special emphasis on campaigns and elections.

John R. Birge, Jerry W. and Carol Lee Levin Professor of Operations Management

John R. Birge studies mathematical modeling of systems under uncertainty, especially for maximizing operational and financial goals using the methodologies of stochastic programming and large-scale optimization. He was first drawn to this area by a need to use mathematics in a useful and practical way.

Benjamin Brooks, Assistant Professor

Benjamin Brooks applies a "computational flavor" to exploration of economic theory, including games of incomplete information, auction theory and mechanism design, and repeated games. He will serve as one of the institute's research fellows for the next two years, with plans to join the Economics Department in July 2016. Brooks joins to the institute from Princeton University, where he received his PhD. He has also held research posts at Princeton, Yale University and the World Bank.

Eric Budish, Associate Professor of Economics and Neubauer Family Faculty Fellow

Eric Budish researches auction and matching markets, and more broadly he is interested in the design of market institutions. His most recent work concerns the design of markets that allocate schedules of courses to students, or schedules of shifts to workers.

Laurens G. Debo, Associate Professor of Operations Management

Laurens Debo studies operations management with a special interest in the economics-operations interface, queuing games, and global supply chain management. Before joining the Chicago Booth faculty in 2008, he was an assistant professor of operations management and manufacturing at the Tepper School of Business at Carnegie Mellon University. 

Douglas W. Diamond, Merton H. Miller Distinguished Service Professor of Finance

Douglas W. Diamond specializes in the study of financial intermediaries, financial crises, and liquidity. His work has appeared in such notable journals as the Journal of Financial Economics, the Journal of Finance, the Review of Economic Studies, the American Economic Review, and the Journal of Political Economy.

Alexander Frankel, Assistant Professor of Economics

Alexander Frankel studies mechanism design, repeated games, and contract theory. In addition to researching at Stanford Graduate School of Business and Chicago Booth, he has worked outside of academia at Yahoo! Research.

Pingyang Gao, Associate Professor of Economics

Pingyang Gao studies disclosure regulation, accounting standards setting, incentive and contracting, equity valuation, and individual decision-making. He has taught MBA- and PhD-level courses at Yale University and lectured in the China Professional Manager Qualification Program.

Robert H. Gertner, Joel F. Gemunder Professor of Strategy and Finance

Deputy Dean for the Executive, Evening, and Weekend MBA Programs

Robert H. Gertner's research interests include strategic decision-making, corporate finance, organization structure, theory of the firm, and social enterprises. He has published papers in numerous scholarly journals including the Quarterly Journal of Economics, Review of Economic Studies, and the Yale Law Journal.

Veronica Guerrieri, Ronald E. Tarrson Professor of Economics

Veronica Guerrieri studies macroeconomics, search theory, labor and financial market frictions, dynamic contracting, and growth theory. "Coming from Europe, the malfunctioning of labor markets has always attracted my attention," she says. "My research explores frictional labor markets and other market imperfections."

Milton Harris, Professor Emeritus of Finance and Economics

Milton Harris studies corporate finance and governance and the economics of contracts, especially corporate financial contracts. His current interests include the economics of credit ratings and how bank regulators can induce banks to take less risk and disclose bad news.

Zhiguo He, Associate Professor of Finance and Robert King Steel Faculty Fellow

Zhiguo He is interested in the implications of agency frictions and debt maturities in financial markets and macroeconomics, with a special focus on contract theory. His research has been published in leading academic journals including American Economic Review, Review of Economic Studies, and Journal of Financial Economics.

Emir Kamenica, Professor of Economics

Emir Kamenica studies a variety of topics in applied microeconomics, including the design of informational environments, behavioral industrial organization, discrimination, and dating and marriage markets.

Rodney P. Parker, Associate Professor of Operations Management

Rodney Parker studies dynamic, stochastic operational systems under centralized and competitive control, frequently with production capacity limits; inventory theory under stochastic demand in single-installations and multi-echelon supply chains; market entry and deterrence strategies; and pricing decisions in conjunction with operational considerations. 

Canice Prendergast, W. Allen Wallis Professor of Economics and Booth Faculty Fellow

Canice Prendergast is widely published, with work appearing in the Economic Journal, the Journal of Labor Economics, the American Economic Review, the Journal of the Japanese and International Economics, and the European Economic Review. Articles on his recent research have appeared in Fortune Magazine, the Financial Times, the Economist, and Der Spiegel.

Haresh Sapra, Professor of Accounting

Haresh Sapra studies the real effects of accounting measurement policies, disclosure regulation, and corporate governance. His current research deals with issues of disclosure, transparency and financial reporting for financial institutions. His research has been published in journals such as The Accounting Review, Journal of Accounting Research, and Games and Economic Behavior.

Lars Stole, David W. Johnson Professor of Economics

Lars A. Stole studies strategic pricing, contracts and incentives theory, industrial economics and game theory. Stole's research has appeared in the American Economic Review, Econometrica, the Review of Economic Studies , and the RAND Journal of Economics to name a few.

Ethan Bueno de Mesquita, Professor

Ethan Bueno de Mesquita is a professor in the Harris School of Public Policy Studies at the University of Chicago and director of the Program on Political Institutions. His research focuses on applications of game-theoretic models to a variety of political phenomena, including terrorism and insurgency, accountability and elections, and law and politics.

Roger Myerson, Glen A. Lloyd Distinguished Service Professor of Economics at the University of Chicago

Roger Myerson is the Glen A. Lloyd Distinguished Service Professor of Economics at the University of Chicago. He has made seminal contributions to the fields of economics and political science. In game theory, he introduced refinements of Nash's equilibrium concept, and he developed techniques to characterize the effects of communication when individuals have different information.