Assoc. Prof of Economics & Management at Simon School, U of Rochester

Joined June 2011
83 Photos and videos
21 Jan 2024
By "paradox" the author means Sutton (1991): greater competition => greater concentration. Okay. But you don't often hear people argue that the airline industry would be a better place if we brought the Civil Aeronautics Board back... theatlantic.com/ideas/archiv…
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Journos don't get it, but many academics here seem in denial too: There are no false positives in language-based plagiarism accusations. As long as you don't copy others' text, you will never be accused of such. Scumbag Rufo had an easy win because the examples were so obvious.
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16 Dec 2023
Full house yesterday to honor Heikki Rantakari at @SimonSchool, reflecting how much Heikki was loved by his students (MBA micro and game theory). His wife was presented with a signed jersey (see FB post for context) and a piece of art with memorial tributes arranged as game tree.
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18 Dec 2023
Btw all the artwork displayed around the room ( 2 pics from when they were at MIT) is Heikki's. Unbeknownst to many peers, he was a prolific painter, who approached art much like his research: with amazing attention to detail and different possibilities.
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15 Dec 2023
University flags lowered today in honor of Heikki, in advance of our memorial reception tomorrow.
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30 Nov 2023
God I hate these scales. In what world are only top-20% students (esp. in my pool of people) "good" students?
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26 Nov 2023
Now this is what I call a focused corporate strategy
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24 Oct 2023
RT @RochesterNYPD: We are seeking the public's help in locating 44-year old Heikki Rantakari. He was last seen on Friday in the 1000 block…
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17 Oct 2023
More IO models (today, Salop @smith51082 not Hotelling) for the real world: "Europe’s first circular city". Alas, it looks like you can use the interior too. fastcompany.com/90964025/spa...

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17 Sep 2023
Waldman (1984) in action! "Other times, a LinkedIn update with the job news causes outside recruiters to take notice." wsj.com/lifestyle/careers/ge…
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Michael Raith retweeted
11 Sep 2023
Thank you @Lisaber71585816 @Marta_TroyaM @dvbarron @FahnMatthias Giorgio Zanarone for a wonderful and stimulating workshop! What a fantastic research agenda and community.
The 9th Workshop on Relational Contracts has started today with a great line up of papers: bfi.uchicago.edu/event/works…
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Michael Raith retweeted
Thanks everyone for a great workshop, in particular the local organizer @Lisaber71585816 and our host @BeckerFriedman! We are already looking forward to the 10th Workshop which will be hosted by @FahnMatthias, probably in early Sep 24 @jku_econ.
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Michael Raith retweeted
The program of the 9th Workshop on Relational Contracts (Sep 8/9 at the University of Chicago), co-organized by @Lisaber71585816 and hosted by @BeckerFriedman, can be found here: bfi.uchicago.edu/event/works…

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24 Jul 2023
Very rare to see this level of tailoring nowadays, even on the wealthy.
A boy watches TV for the first time in an appliance store window, 1948.
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21 Jul 2023
I completely missed (and there was little on #EconTwitter ) that Oliver Hart was knighted last month, "for a sustained and exceptional contribution to economic theory." Congratulations Sir Oliver! thecrimson.com/article/2023/…
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11 May 2023
Well said Paul. So great to run into many friends and acquaintances from different stages of life to celebrate John Sutton. Wonderful tributes by @timobres and @JeanTirole. Thank you @volker_nocke @TomValletti and others for making this happen!
Celebrating the retirement and wonderful contributions of my Ph.D. supervisor Prof John Sutton to the LSE and the field of Industrial Organization. The perfect scholar and gentleman. Thank you John 👏 @STICERD_LSE @LSEnews
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Why do students have 10x their normal opportunity cost of time during exams? The same people who worry about points on minor assignments leave a 3hr final exam 1hr early, when they could almost certainly add valuable points by refining their answers.
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29 Apr 2023
Last day of class, Disney and Pixar case
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