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Brett Saraniti

MANAGERIAL ECONOMICS & DECISION SCIENCES
Visiting Professor of Managerial Economics and Decision Sciences

Print Overview
Brett Saraniti received his PhD in Managerial Economics and Decision Sciences from the Kellogg School of Management at Northwestern University in 1997. His dissertation chair was Roger Myerson, Nobel Laureate 2007. Brett has been a visiting professor at Kellogg for the past 12 summers, and he is currently a Professor of Economics and Quantitative Methods at Hawaii Pacific University where he has taught since 1997.

In addition to teaching at HPU and Kellogg, Brett has been a visiting professor at INSEAD; the Sasin Graduate Institute in Bangkok, Thailand; the Brisbane Graduate School of Business in Queensland, Australia; the Thunderbird School of Global Management; and the Helsinki School of Economics and Business Administration in Finland. He is also scheduled to teach at IESE during 2009.

Professor Saraniti is the author of two textbooks: Managerial Statistics: A Case Based Approach, with Peter Klibanoff, Boaz Moselle, and Alvaro Sandroni, and (forthcoming) Vital Statistics: Statistics for Business and Economics with William Sandholm.

He has also worked for and/or consulted for McKinsey & Company, Xerox Corporation, Chevron Oil Field Research, Cantor Fitzgerald/ Hollywood Stock Exchange, Unext.com, MRJ Technologies, Chipin.com, Carddomains.com, Lee Ceramics, and Surflight Hawaii.

Brett spends most of the year in Waialua, Hawaii with his wife Samantha and their children: Francesca, Carlo, and Enzo.
Print Vita
 
Print Research
Books
Klibanoff, Peter, Boaz Moselle, Brett Saraniti and Alvaro Sandroni. 2006. Managerial Statistics: A Case-Based Approach. Mason, OH: Thomson South-Western.
Link
Cases
Saraniti, Brett. 2008. The Hawaiian Airline Industry, 2001–2008. Case 5-108-005 (KEL351).
Abstract

 
Print Teaching
Full-Time / Part-Time MBA
Mathematical Methods For Management Decisions (DECS-433-0)

This course counts toward the following majors: Decision Sciences.

Provides frameworks for reasoning about decisions in uncertain environments. Case studies and experiments are used to motivate the importance of probabilistic reasoning to avoid the systematic biases that cloud managers' decision making. Formal probabilistic tools are introduced and their relevance to modern business issues is conveyed via cases, exercises, and class experiments. Some of the applications include: inventory management with uncertain demand, principal-agent models, herd behavior, selection bias, rare events, real options and risk. The course is self-contained, and should be of value to all students, including those with prior exposure to formal probability models.

Microeconomic Analysis (MECN-430-0)

This course counts toward the following majors: Managerial Economics.

Among the topics this core course addresses are economic analysis and optimal decisions, consumer choice and the demand for products, production functions and cost curves, market structures and strategic interactions, and pricing and non-price concepts. Cases and problems are used to understand economic tools and their potential for solving real-world problems. Prerequisite: DECS-434, or concurrent registration.

Competitive Strategy and Industrial Structure (MECN-441-0)

This course counts toward the following majors: Analytical Consulting, Management & Strategy, Managerial Economics.

The course studies the determinants nature of competitive strategy in a variety of industry structures. The course considers how the structure of a firm's industry affects its strategic choices and performance. Topics include the dynamic aspects of pricing, entry and predation in concentrated industries, and product differentiation, product proliferation and innovation as competitive strategies.