Elena Prager

Assistant Professor of Strategy

Print Overview

Elena Prager is an applied microeconomist with research interests at the intersection of industrial organization and health economics. Her work uses empirical analyses of large, detailed datasets to answer policy-relevant questions about strategic behavior among health insurers and health care providers. In recent research, she has examined provider network formation and hospital-insurer price negotiations under tiered provider networks.

Professor Prager received her PhD in applied economics with a concentration in health economics from the University of Pennsylvania's Wharton School in 2016. She also holds an MS from Wharton and an undergraduate degree from York University's Schulich School of Business. Her research has been funded by the Agency for Healthcare Research and Quality, the Social Sciences and Humanities Research Council of Canada, and other agencies.

Areas of Expertise
Competition in Healthcare
Data Analysis
Healthcare Economics
Healthcare Management
Industrial Organization Economics

Print Vita
PhD, 2016, Managerial Sciences and Applied Economics, University of Pennsylvania
M.S., 2013, Health Care Management, University of Pennsylvania
International B.B.A, 2011, Economics, York University

Academic Positions
Assistant Professor of Strategy, Kellogg School of Management, Northwestern University, 2016-present
Donald P. Jacobs Scholar, Strategy, Kellogg School of Management, Northwestern University, 2016-present
Fellow, Leonard Davis Institute of Health Economics, University of Pennsylvania, 2014-2016

Honors and Awards
Biennial Student Paper Award, American Society of Health Economists
Best Rising Star Paper Prize, Industrial Organization Society

Editorial Positions
Referee, International Journal of Health Economics and Management, 2015
Referee, Journal of Public Economics, 2016
Referee, American Economic Journal: Microeconomics, 2017
Referee, American Journal of Health Economics, 2016

Print Research
Working Papers
Prager, Elena. 2018. Consumer Responsiveness to Simple Health Care Prices: Evidence From Tiered Hospital Networks.

Print Teaching
Full-Time / Evening & Weekend MBA
Topics in Managerial Analytics (KELLG_MA-326-0)

Health Economics II (MECS-551-2)
This course will expose students to both seminal and cutting edge research in health economics.The pedagogy includes lecture, student presentations of research papers, and original student projects. Prerequisites: ECON 410-1,2,3 (Microeconomics); ECON 480-1,2,3, (Introduction to Econometrics); MECS 551-1 is required before enrolling in MECS 551-2.

Analytics for Strategy (STRT-469-0)
This course was formerly known as MGMT 469
This course is an advanced analytics elective that uses data to inform strategic decisions. Should a fast food chain enter the highly profitable breakfast market segment? Not if the incumbents will respond by competing aggressively. Can a bank raise profits by attracting more customers through generous loan terms? Not if it inadvertently attracts risky customers. Data-driven analyses of such issues require going beyond statistically significant relationships (profitability in current market conditions, overall demand for generous loans) to assess underlying cause and effect. The course tackles a broad range of topics in competitive strategy, such as product portfolios (is it profitable to enter a rival’s niche?), personnel (do workplace perks reduce absenteeism?), and cost reduction (is it profitable to adopt a new technology?). Students will learn through hands-on experience with performing advanced regression analyses and interpreting their results.Students who took DECS 434 prior to the launch of DECS 431 (Fall 2013) must have permission of the instructor to enroll.