The Archives

Everything written by Michael Baye on law, economics, and more

Michael Baye

Michael Baye is the Bert Elwert Professor of Business at Indiana University’s Kelley School of Business. He previously served as director of the Bureau of Economics at the Federal Trade Commission (FTC). His academic research focuses mainly on pricing strategies and their impact on consumer welfare and firm profits in both online and traditional markets.

He has held appointments at Cambridge, Oxford, Erasmus, Tilburg, and the New Economic School in Moscow. He received his bachelor's from Texas A&M University and his master's and PhD from Purdue University.

Posts

Imagine

Michael Baye Aug 27, 2015

Imagine a world where competition and consumer protection authorities base their final decisions on scientific evidence of potential harm. Imagine a world where well-intentioned policymakers do not use “possibility theorems” to rationalize decisions that are, in reality, based on idiosyncratic biases or beliefs. Imagine a world where “harm” is measured using a scientific yardstick that ... Imagine

AntitrustConsumer ProtectionEconomics