Yasutora Watanabe
Yasutora Watanabe

Assistant Professor of Management & Strategy

Print Overview

Professor Watanabe joined the faculty at the Kellogg School of Management in 2005, after completing his PhD in Economics at the University of Pennsylvania. His research interests include political economics, law and economics, and industrial organization. Professor Watanabe is currently working on empirical projects on bank mergers, as well as strategic voting and voter turnouts in elections. He is also working on issues related to medical malpractice lawsuits such as pre-trial bargaining process and the effect of lawsuits on health care providers.

Print Vita
PhD, 2005, Economics, University of Pennsylvania
MA, 2004, Economics, University of Pennsylvania
BA, 1998, Economics, University of Tokyo, Japan

Academic Positions
Assistant Professor, Kellogg School of Management, Northwestern University, 2006-present
Research Affiliate, Center for the Study of Industrial Organization, Northwestern University, 2005-present
Donald P. Jacobs Scholar, Kellogg School of Management, Northwestern University, 2005-2006

Print Research
Research Interests
Empirical microeconomics, public economics, political economics, law and economics

Kawai, Kei and Yasutora Watanabe. Forthcoming. Inferring Strategic Voting. American Economic Review.
Uetake, Kosuke and Yasutora Watanabe. 2012. A Note on Estimation of Two-Sided Matching Models. Economics Letters. 116(3): 535-537.
Dranove, David, Subramaniam Ramanarayanan and Yasutora Watanabe. 2012. Delivering Bad News: Market Responses to Obstetricians' Negligence. Journal of Law and Economics. 55(1): 1-25.
Dranove, David and Yasutora Watanabe. 2009. Influence and Deterrence: How Obstetricians Respond to Litigation against Themselves and their Colleagues. American Law and Economics Review. 12(1): 69-94.
Adachi, Takanori and Yasutora Watanabe. 2008. Ministerial Weights and Government Formation: Estimation using a Bargaining Model. Journal of Law, Economics, & Organization. 24(1): 95-119.
Working Papers
Hanazono, Makoto and Yasutora Watanabe. 2013. Information Aggregation in Bargaining.
Watanabe, Yasutora and Toshiaki Iizuka. 2013. Physician Supply and Health Outcome.
Watanabe, Yasutora and Toshiaki Iizuka. 2013. A Dynamic Analysis of Physician Career Choice, COmpetition, and Health Outcome.
Uetake, Kosuke and Yasutora Watanabe. 2013. A Note on Estimation of Supermodular Games.
Watanabe, Yasutora. 2013. Deliberation in FOMC.
Uetake, Kosuke, Kohei Kawaguchi and Yasutora Watanabe. 2013. Inferring Attention.
Uetake, Kosuke and Yasutora Watanabe. 2013. Merger in a Dynamic Industry.
Uetake, Kosuke and Yasutora Watanabe. 2013. Syndication as Far-Sighted Network Formation of Venture Capitalists.
Kawai, Kei and Yasutora Watanabe. 2013. Aggregating Preferences and Information: Estimating a Model of Large Election.
Watanabe, Yasutora and Takanori Adachi. 2013. Voter Delegation and the Media.
Watanabe, Yasutora and Yuhei Miyauchi. 2013. FTA Network Formation.
Uetake, Kosuke and Yasutora Watanabe. 2013. Entry by Merger: Estimates from a Two-Sided Matching Model with Externality.
Watanabe, Yasutora. 2013. Learning and Bargaining in Dispute Resolution: Theory and Evidence from Medical Malpractice Litigation.
Watanabe, Yasutora. 2007. Estimating the Degree of Expert's Agency Problem: The Case of Medical Malpractice Lawyers.

Print Teaching
Teaching Interests
Business Strategy, Microeconomics, Public Economics, Political Economics
Advanced Applied Microeconomics (MECS-469-0)
This PhD-level course deals with modern theories of consumption, production and price formation in different market settings, with special emphasis on applications to finance, marketing and management strategy. Prerequisites: Graduate standing or permission of the instructor.

Empirical Issues In Business Strategy (MECS-485-0)
This course has three goals: to develop steps for applying econometric theory to real problems, to educate students about business databases and to give students an opportunity to read important empirical papers on business strategy.

Full-Time / Part-Time MBA
Business Strategy (MGMT-431-0)

This course counts toward the following majors: Management & Strategy

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.