Daniel Diermeier

IBM Professor of Regulation and Competitive Practice
Director of the Ford Motor Company Center for Global Citizenship

Teaches: SEEK-440-A, Values and Crisis Decision Making and SEEK-441-0, Strategic Management in Non-Market Environments

Prediction markets out-predict political pollsters


Political prediction markets—in which participants buy and sell “contracts” based on who they think will win an election—accurately predicted Barack Obama’s 2008 victory. New research by Daniel Diermeier and colleagues shows that these markets behave similar to financial markets, except when traders’ partisan feelings get in the way.

Eric Anderson

Hartmarx Research Associate Professor of Marketing

Teaches: MKTG-451-0, Marketing Channel Strategies and MKTG-462-0, Sales Promotion and Retailer Behavior



A (Sales)Taxing Proposition: How Internet sales taxes affect customer behavior

It has long been said that no things in life are more certain than death and taxes. If anything could challenge these certainties, it might be the Internet – regarding taxes at least. While its technical capabilities and reach expand rapidly, the Internet leaves in its wake many complex, unresolved legal and economic issues. Eric Anderson and colleagues explored one such issue when they studied the influence of state sales tax on e-commerce. Their work reveals how consumers and companies take advantage of the Internet’s information gathering powers and its privileged position on the taxation landscape when making household spending decisions and plotting corporate strategy.