Thomas D. Jeitschko
Michigan State University
Professor of Economics
Director of the AEA Summer Training Program
Associate Dean for Graduate Studies, College of Social Science

Marshall-Adams Hall
486 W. Circle Dr., Rm. 110
East Lansing, MI 48824
Phone: +1 517 355 8302
Fax: +1 517 432 1068
Official Department Webpage

Curriculum Vitae

Thomas D. Jeitschko ['jaiʧ kʰoʊ] is the Associate Dean for Graduate Studies and a Professor of Economics in the College of Social Science at Michigan State University; he also serves as the Director of the AEA Summer Program and regularly advises State's Attorneys General Offices throughout the U.S. As Associate Dean he oversees the graduate programs of the eight Academic Departments, four Professional Schools, and ten Institutes, Centers and Programs within the College of Social Science, serving close to 1500 graduate students in over a dozen Ph.D. programs and twenty Master's programs. As the Director of the American Economic Association Summer Training Program at Michigan State University Thomas works alongside other faculty from MSU and Western Michigan University with students from across the U.S. in a two month long intensive pre-doctoral residential program that prepares talented undergraduate students from under-represented backgrounds for graduate work in economics and related fields.

Thomas holds a degree in economics from the University of Münster in Germany (Dipl. VWL, 1991) with a specialization in Economic History and a Ph.D. from the University of Virginia in 1995 with a specialization in Economic Theory. His research interests are in applied economic theory with concentrations in industrial organization, law and economics, and micro-economics more broadly. He has published over forty articles in a wide variety of journals, including the American Economic Review, the European Economic Review, Games and Economic Behavior, Economic Theory, the Journal of Law, Economics, and Organization, and the Journal of Industrial Economics; and he is an associate editor of the Journal of Economic Behavior and Organization and the International Journal of Industrial Organization, and an editorial board member of the Journal of Behavioral and Experimental Economics, in addition to holding several other editorial appointments.

Thomas has also worked at the U.S. Department of Justice in Washington D.C. as an Economist in the Antitrust Division where he was the lead economist on many investigations of mergers and potentially anticompetitive firm conduct. He has expertise in Financial Markets (including OTC and Indices) and Securities and Derivatives Exchanges; in Telecommunications and Internet Content Provision; in Generic Drug divestitures, in Intellectual Property; Auctions; and Pricing Practices and Price Gouging. Thomas regularly advises and consults for States Attorneys General Offices throughout the US concerning antitrust and consumer protection matters as a member of the Panel of Economists of the Center for State Enforcement of Antitrust and Consumer Protection Laws.

Prior to his current appointment at MSU, Thomas has held faculty positions at Royal Holloway College, University of London and Texas A&M University, as well as shorter appointments at Duke, Johns Hopkins, and Georgetown; regularly teaching undergraduate and Ph.D. classes, and he has also taught graduate classes in Law, MBA, and Master's of Public Policy and Public Administration programs.

Thomas is currently a collaborator on two NSF grants and he regularly presents his research at invited seminars and conferences throughout the U.S. and abroad and he also frequently is asked to talk about his research in antitrust and consumer protection before Federal and International Agencies.

Areas of Expertise:

Information and Learning, Industrial Organization, Law and Economics, Auctions, Banking and Finance, Research and Development, Socio-Economics

Mergers, Acquisitions, Joint Ventures; Auctions; Intellectual Property and Patents/Patent Pooling; Financial Markets: Securities and Derivatives Exchanges, OTC, Indices; Medical Insurance, Medicare and Medicaid; Airlines at Slot-Controlled Airports; Telecommunications and Internet Content Provision; Pricing Policies and Price Gouging

Editorial Responsibilities
Associate Editor: Journal of Economic Behavior and Organization
Associate Editor: International Journal of Industrial Organization
Associate Editor: Applied Economics Research Bulletin
Editorial Board Member: Journal of Behavioral and Experimental Economics

Google Scholar Page
Working Papers also available at SSRN and IDEAS
electronic copies available upon request

    Journal Publications:

    "Bundling and Joint Marketing by Rival Firms," with Yeonjei Jung and Jaesoo Kim; Journal of Economics and Management Strategy, forthcoming, 2017.

    "Bid and Time Truthful Online Auctions in Dynamic Spectrum Markets," with Chowdhury Sayeed Hyder and Li Xiao; IEEE Transactions on Cognitive Communications and Networking, forthcoming 2017.

    "Endogenous Entry in Markets with Unobserved Quality," with Anthony Creane; Journal of Industrial Economics, LXIV(3), 494-519, September 2016.

    "Exporting to Bypass Weak Institutions," with Anthony Creane; European Economic Review, 83, 185-197, April 2016.

    "Incongruities of Real and Intellectual Property: Economic Concerns in Patent-Policy and Practice," Michigan State Law Review, 2015(2), 831-844, 2015.

    "Economic security and democratic capital: Why do some democracies survive and others fail," with Susan Linz, Jose Noguera and Anastasia Semykina, Journal of Behavioral and Experimental Economics, 50, 13-28, June 2014.

    "On the Challenges Facing Patent Pooling in Biotechnology," with Nanyun Zhang, Journal of Intellectual Property Rights, 19(2) 113-122, March 2014.

    "Adverse Effects of Patent Pooling on Product Development and Commercialization," with Nanyun Zhang, B. E. Journal of Theoretical Economics, 14(1), 27-57, 2014.

    "Signaling, Learning and Screening Prior to Trial: Informational Implications of Preliminary Injunctions," with Byung-Cheol Kim, Journal of Law, Economics, and Organization, 29(5), 1085-1113, 2013.

    "NYSE Changing Hands: Antitrust and the attempted acquisition of an erstwhile monopolist," Journal of Stock and Forex Trading, 2(2), 1-6, 2013.

    "Signaling in Deterministic and Stochastic Settings," with Hans Normann, Journal of Economic Behavior and Organization, 82(1), 39-55, April 2012.

    "The Impact of E-Auctions in Adjusting Procurement Strategies for Specialty Coffee," with Laura Donnet and Dave Weatherspoon, Canadian Journal of Agricultural Economics, 59(1), 63-86, March 2011.

    "Signal Jamming in a Sequential Auction," with Wei Ding and Elmar Wolfstetter, Economics Letters, 108(1), 58-61, July 2010.

    "Love Thy Neighbor as Thyself: Community Formation and the Church," with Thomas DeLeire, Seamus O'Connell, and Rowena Pecchenino, Faith and Economics, 55, 19-56, Spring 2010.

    "Entry and Bidding in Common and Private Value Auctions with an Unknown Number of Rivals," with Dakshina De Silva and Georgia Kosmopoulou, Review of Industrial Organization, special issue on Public-Private Agreements, Competition, and Institutions, 35(1-2), 73-93, September 2009.

    "Having Life More Abundantly: Caring for the Body, Mind, and Spirit," with Seamus O'Connell and Rowena Pecchenino, Faith and Economics, 53, 1-33, Spring 2009.

    "The Effect of Capitalization on Bank Risk in the Presence of Regulatory and Managerial Moral Hazards," with Shin Dong Jeung, The IUP Journal of Bank Management, 12(2), 7-31, May 2008.

    "Identity, Collective Beliefs, and the Allocation of Resources," with Seamus O'Connell and Rowena Pecchenino, Economic and Social Review, 39(1), 39-54, Spring 2008.

    "A Snapshot of Advances in and Applications of Auctions Research" Applied Economics Research Bulletin, 2(1), 1-8, March 2008.

    "Auction Hosting Site Pricing and Market Equilibrium with Endogenous Bidder and Seller Participation," with George Deltas, International Journal of Industrial Organization, 25(6), 1190-1212, December 2007.

    "Do Well-Capitalized Banks Take More Risk? Evidence from the Korean banking system," with Shin Dong Jeung; Journal of Banking Regulation; 8(4), 291-315, August 2007.

    "Averting Economic Collapse and the Solipsism Bias," with Antonio Guarino and Steffen Huck, Games and Economic Behavior, 57(2), 264-285, November 2006.

    "Do you want fries with that? An exploration of serving size, social welfare, and our waistlines," with Rowena Pecchenino, Economic Inquiry, 44(3), 442-450, July 2006.

    "Gluttony and Sloth: Symptoms of Trouble or Signs of Bliss? A Theory of Choice in the Presence of Behavioral Adjustment Costs," with Heather Bednarek and Rowena Pecchenino, B. E. Journal of Economic Analysis & Policy, 5(1), Art. 6, February 2006.

    "Entry Deterrence under Financial Intermediation with Private Contracts and Hidden Information," with Neelam Jain and Leonard Mirman, Review of Economic Design, 9(3), 203-225, August 2005.

    "Stochastic Synergies in Sequential Auctions," with Dakshina De Silva and Georgia Kosmopoulou, International Journal of Industrial Organization, 23(3-4), 183-201, April 2005.

    "Incentives for Risk-Taking in Banking: A Unified Approach," with Shin Dong Jeung, Journal of Banking and Finance, 29(3), 759-777, March 2005.

    "Entry Deterrence under Agency Constraints," with Neelam Jain and Leonard Mirman, International Journal of Business and Economics, 2(3), 179-195, December 2003.

    "Financial Intermediation and Entry-Deterrence," with Neelam Jain and Leonard Mirman, Economic Theory, 22(4), 793-815, November 2003.

    "Strategic Experimentation in Financial Intermediation with Threat of Entry," with Neelam Jain and Leonard Mirman, Annals of Operations Research, 114(1-4), 203-227, August 2002.

    "Scale Economies and the Dynamics of Recurring Auctions," with Elmar Wolfstetter, Economic Inquiry, 40(3), 403-414, July 2002.

    "The Simple Analytics of Information and Experimentation in Dynamic Agency," with Leonard Mirman and E. Salgueiro, Economic Theory, 19(3), 549-570, April 2002.

    "Information and Experimentation in Short-Term Contracting," with Leonard Mirman, Economic Theory, 19(2), 311-331, February 2002.

    "Issues in Price Discrimination: A Comment on and Addendum to 'Teaching Price Discrimination'," Southern Economic Journal, 68(1), 178-186, July 2001.

    "Financial Intermediation and Entry-Deterrence: A survey," with Neelam Jain and Leonard Mirman, Economics Bulletin, 12(1), 1-13, June 2001.

    "Local Discouragement and Global Collapse: A Theory of Coordination Avalanches," with Curtis Taylor, American Economic Review, 91(1), 208-224, March 2001.

    "Auctions when Bidders Prepare by Investing in Ideas," with Elmar Wolfstetter, Economics Letters, 68(1): 61-66, July 2000.

    "Equilibrium Price Paths in Sequential Auctions with Stochastic Supply," Economics Letters, 64(1): 67-72, July 1999.

    "Learning in Sequential Auctions," Southern Economic Journal, 65 (1): 98-112, July 1998.

    Published Conference Proceedings:

    Truthful Online Double Auctions with Real-time Stochastic Arrival of Demand and Supply, with Chowdhury Hyder and Li Xiao, IEEE, 25th International Conference on Computer Communication and Networks, ICCCN, August 2016.

    Bid and Time Strategyproof Online Spectrum Auctions with Dynamic User Arrival and Dynamic Spectrum Supply, with Chowdhury Hyder and Li Xiao, IEEE, 25th International Conference on Computer Communication and Networks, ICCCN, August 2016.

    Towards a Truthful Online Spectrum Auction with Dynamic Demand and Supply, with Chowdhury Sayeed Hyder and Li Xiao; IEEE Military Communications Conference Proceedings, 413-418, October 2015.

    Sequencing of Vertical Research Joint Venture Size, with Nakarin Amarase, International Proceedings of Economics Development and Research, 39, 31-35, June 2012.

    Working Papers and Work in Progress:

    "Platform Competition with Endogenous Homing," with Mark Tremblay; DICE Discussion Paper No. 166, November 2014.

    "Information Acquisition, Signaling, and Learning in Duopoly," with Ting Liu and Tao Wang; DICE Discussion Paper No. 230, October, 2016.

    "Welfare Effects of Certification under Latent Adverse Selection," with Anthony Creane and Kyoungbo Sim

    "Repeated Procurement and Regulation under Imperfect Observability: The Dynamics of Incentive Contracts Revisited"

    "Using Rules-of-Thumb: Sophisticated v. Simple Mixing in 2x2 Randomly Matched Games," with Christian Alcocer

    "Soft Transactions," with C. Oscar Lau

    "Zero-Rating and Vertical Content Foreclosure," with Soo Jin Kim