James Schummer joined Kellogg in 1997 after getting his PhD in Economics from the University of Rochester. His areas of expertise include game theory, axiomatic resource allocation, and mechanism design.

The central theme of Professor Schummer's research is to describe resource allocation methods that take individual incentives into account.  A prime example is his past work on auctions involving the construction of auction rules for environments where combinations of objects are being allocated.  Other applications include work on the dynamic reallocation of airport landing slots, pricing decisions for matching platforms, allocation methods that utilize waiting lists.

Professor Schummer has taught throughout Kellogg's programs, including the Full time, Evening, Executive MBA, Exec. Ed., and PhD programs.  He regularly teaches Business Analytics and Managerial Economics courses; he also has taught an MBA Pricing elective and a PhD course on matching models.  He has served as his department's Director of Graduate Studies for the past decade and a half.

Game Theory, Mechanism Design, Market Design, Collective Decision-making.

• PhD, 1997, Economics, University of Rochester
• MA, 1995, Economics, University of Rochester
• BS, 1992, Finance, Pennsylvania State University

• Associate Professor of Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University
• Assistant Professor of Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 8/31/2004
• Graduate Teaching Fellow, University of Rochester, 8/31/1997

• Associate Editor, Games and Economic Behavior, 2020
• Associate Editor, Mathematical Social Sciences, 2009-2020

Probability and statistics; microeconomics; pricing; matching (PhD).

Research (MECS-590-0)
Students preparing dissertations in managerial economics and strategy may register under this heading.

Economic Theory II: Advanced Topics in Game Theory (MECS-550-2)
This course deeply covers a current research area in game theory with recent, fruitful developments. Besides covering the topic, the course provides students perspective over an entire subliterature. Students see how a field developed over time, consider alternative development options, and learn what early work influenced followup research. Instructors focus on topics for which they have expertise and active research.

Supply Chain Management

Revolutionize your operations with the latest tools, techniques and models for efficient — and effective — supply chain management. The experts will show you how to meet the complex challenges of managing facilities, inventories, transportation, information, outsourcing, strategic partnering and more.

Managerial Economics (MECNX-430-0)
Managerial Economics introduces the economic principles of pricing. It provides an overview of methods to estimate sensitivity of buyers to price, the trade-off between margin and volume, price discrimination and pricing in competitive environments.

Business Analytics I (DECS-430-5)
This course was formerly known as DECS 430-A/DECS 430-B
Analytics is the discovery and communication of meaningful patterns in data. This course will provide students with an analytics toolkit, reinforcing basic probability and statistics while throughout emphasizing the value and pitfalls of reasoning with data. Applications will focus on connections among analytical tools, data, and business decision-making.