Bard Harstad
Bard Harstad

MANAGERIAL ECONOMICS & DECISION SCIENCES; SOCIAL ENTERPRISE
Associate Professor of Managerial Economics & Decision Sciences
Max McGraw Chair in Management & Environment

Print Overview

Bård Harstad joined Managerial Economics and Decision Sciences in 2004. His academic interests include political economics, public economics and organizational economics. In particular, his research focuses on international institutions, negotiations and agreements; currently he is analyzing international climate change agreements. Parts of this research have published in journals like the American Political Science Review, American Economic Review, and Quarterly Journal of Economics. 

Before coming to Kellogg, Harstad completed his PhD in Economics at Stockholm University and a Cand. Oecon degree from the University of Oslo, in his native Norway. For shorter periods, he has also worked in the World Bank, the Norwegian Institute of International Affairs and as a freelance journalist.



Areas of Expertise
Contract Theory
Economics of Organizations
Political Economy/Design
Strategy in Non-Market Environments
Voting Systems
Print Vita
Education
PhD, 2003, Economics, University of Stockholm
MS, 1999, Economics, University of Oslo

Academic Positions
Associate Professor, Kellogg School of Management, Northwestern University, 2008-present
Assistant Professor, Kellogg School of Management, Northwestern University, 2004-2008
Senior Researcher, Norwegian Institute of International Affairs (NUPI), 2003-2004

Grants and Awards
Sandmo Junior Visiting Fellowship, 2008
Arnbergska Priset, The Royal Swedish Academy of Science, 2006
Nationalgaven til Chr. Michelsen, Chr. Michelsen Institute, 2000

 
Print Research
Research Interests
Political economics, public economics, environmental economics, contract theory

Articles
Harstad, Bard. Forthcoming. Climate Contracts: A Game of Emissions, Investments, Negotations and Renegotiations. Review of Economic Studies.
Harstad, Bard. 2012. Buy Coal! A Case for Supply-Side Environmental Policy, Journal of Political Economy. Journal of Political Economy. 120(1): 77-115.
Harstad, Bard and Jakob Svensson. 2011. Bribes, Lobbying and Development. American Political Science Review. 105(1): 46-63.
Harstad, Bard and Gunnar Eskeland. 2010. Trading for the Future: Signaling in Permit Markets. Journal of Public Economics. 94(9-10): 749-760.
Harstad, Bard. 2010. Strategic Delegation and Voting Rules. Journal of Public Economics. 94(1-2): 102-113.
Harstad, Bard. 2008. Strategi og Regler for Internasjonale Forhandlinger. Samfunnsøkonomen. 5: 19-23.
Harstad, Bard. 2008. Do Side Payments Help? Collective Decisions and Strategic Delegation. Journal of the European Economic Association P&P. 6(2-3)
Harstad, Bard. 2007. Organizational Form and the Market for Talent. Journal of Labor Economics. 25: 581-611.
Harstad, Bard. 2007. Harmonization and Side Payments in Political Cooperation. American Economic Review. 97(3): 871-889.
Harstad, Bard. 2006. Flexible Integration? Mandatory and Minimum Participation Rules. Scandinavian Journal of Economics. 108(4): 683-702.
Harstad, Bard. 2005. Majority Rules and Incentives. Quarterly Journal of Economics. 120(4): 535-568.
Working Papers
Harstad, Bard. 2012. The Market for Conservation and Other Hostages.
Harstad, Bard. 2012. The Dynamics of Climate Agreements.
Austen-Smith, David and Bard Harstad. 2012. Political Institutions and the Choice of Economic Policy Instruments.
Egorov, Georgy and Bard Harstad. 2012. Private Politics and Public Regulation.
Callander, Steven and Bard Harstad. 2012. Policy Experimentation in Federal Systems.
Book Chapters
Harstad, Bard. "How to Negotiate and Update Climate Agreements." In Post-Kyoto International Climate Policy, edited by Joseph Aldy and Robert Stavins, Cambridge: Cambridge University Press.
Harstad, Bard and Matt Liski. "Games and Resources." In Post-Kyoto International Climate Policy, edited by Joseph Aldy and Robert Stavins, Cambridge: Cambridge University Press.

 
Print Teaching
Teaching Interests
Values and Crisis Decision Making (SEEK-440-A)
Doctoral
Topics in Formal Political Theory (MECS-516-0)
This seminar focuses on formal models of bargaining, coalition formation and information within legislatures. Prerequisite: A graduate-level course in game theory.

Full-Time / Part-Time MBA
Values and Crisis Decision Making (SEEK-440-A)

This course counts toward the following majors: Social Enterprise

In recent decades corporations have increasingly become the dominant source for political and social change. Increased globalization and technological progress have further accelerated this process. Businesses are now held accountable by standards other than legal compliance or financial performance. Successful business leaders have recognized that these challenges are best mastered by a commitment to values-based management. However, simply "doing the right thing" is not enough. Rather, companies increasingly find themselves as targets of aggressive legal action, media coverage and social pressure. Organizations must be prepared to handle rapidly changing environments and anticipate potential threats. This requires a deep understanding of the strategic complexities in managing various stakeholders and constituencies. To confront students with these challenges in a realistic fashion, the class is structured around a rich set of challenging case studies and crisis simulation exercises.