Amanda Starc
Amanda Starc

Associate Professor of Strategy

Print Overview

Amanda Starc, Ph.D., is an Associate Professor of Strategy at the Kellogg School of Management and a Faculty Research Fellow at the National Bureau of Economic Research (NBER). She received her BA in Economics from Case Western Reserve University, and her PhD in Business Economics from Harvard University. Dr. Starc's research interests include industrial organization and health economics.

Her research examines the Medicare Advantage, Medicare Part D, and Medicare Supplement ("Medigap") markets, as well as consumer behavior in insurance exchanges. Recent work measures the effectiveness of direct-to-consumer advertising of pharmaceuticals. Her work links models of consumer choice and supply side incentives, and uses a range of econometric techniques to analyze data.

Print Vita
Doctor of Philosophy, 2011, Business Economics, Harvard University
Bachelor of Arts, 2006, Economics, Case Western Reserve University, Summa Cum Laude

Academic Positions
Associate Professor of Strategy, Kellogg School of Management, Northwestern University, 2016-present
Assistant Professor of Health Care Management, Wharton School, University of Pennsylvania, 2011-2016

Other Professional Experience
Assistant Professor, University of Pennsylvania, 2011-2016

Honors and Awards
NIHCM Research Award, National Institute of Health Care Management

Print Research
Research Interests

Health Economics and Industrial Organization

Starc, Amanda and Michael Sinkinson. Forthcoming. Ask Your Doctor? Direct-to-Consumer Advertising of Pharmaceuticals. Review of Economics Studies.
Starc, Amanda and Keith Ericson. 2016. How Product Standardization Affects Choice: Evidence from the Massachusetts Health Insurance Exchange. Journal of Health Economics.
Starc, Amanda, Mark Duggan and Boris Vabson. 2016. Who Benefits When the Governments Pays More? Pass-Through in the Medicare Advantage Program. Journal of Public Economics.
Starc, Amanda and Keith Ericson. 2015. Pricing Regulation and Imperfect Competition on the Massachusetts Health Insurance Exchange. 3(97): 667-682.
Starc, Amanda and Keith Ericson. 2015. Measuring Consumer Valuation of Limited Provider Networks. American Economic Review, Papers & Proceedings. 5(105): 115-119.
Starc, Amanda. 2014. Insurer Pricing and Consumer Welfare: Evidence from Medigap. RAND Journal of Economics. 1(45): 198-220.
Starc, Amanda and Keith Ericson. 2012. Designing and Regulating Health Insurance Exchanges: Lessons from Massachusetts. Inquiry.
Starc, Amanda and Keith Ericson. 2012. Heuristics and Heterogeneity in Health Insurance Exchanges: Evidence from the Massachusetts Connector. American Economic Review, Papers & Proceedings. 3(109): 493-497.
Working Papers
Dranove, DavidChristopher Ody and Amanda Starc. 2018. A Dose of Managed Care: Controlling Drug Spending in Medicaid.
Starc, Amanda, Keith Ericson, Philipp Kircher and Johannes Spinnewijn. 2016. Inferring Risk Perceptions and Preferences Using Choice from Insurance Menus: Theory and Evidence.
Starc, Amanda and Robert J Town. 2016. Internalizing Behavioral Externalities: Benefit Integration in Health Insurance.

Print Teaching
Teaching Interests

Health Economics, Firm Strategy

Full-Time / Evening & Weekend MBA
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.

Research in Economics (MECS-560-3)
This course introduces first-year PhD students to the economics research environment. With an emphasis on breadth, and minimal prerequisite knowledge at the graduate level, students are exposed to the process of forming and answering research questions. To implement this goal, the course typically involves a handful of instructors each giving their own perspective on successful approaches to research by highlighting significant recent works in their respective fields of interest.

Business Strategy (STRT-431-0)
This course was formerly known as MGMT 431
Strategy is the set of objectives, policies and resource commitments that collectively determine how a business positions itself to create wealth for its owners. This course introduces students to principles and conceptual frameworks for evaluating and formulating business strategy. Topics include the boundaries of the firm, the analysis of industry economics, strategic positioning and competitive advantage, and the role of resources and capabilities in shaping and sustaining competitive advantages.