Take Action

Home | Faculty & Research Overview | Departments

Managerial Economics & Decision Sciences

Kellogg Managerial Economics & Decision Sciences Department

The faculty in the Managerial Economics & Decision Sciences Department (MEDS) include economists and political scientists who study, among other things, individual decision making under uncertainty, the performance of firms and markets, economic development, political institutions, and international relations.

The faculty is on the leading edge of fundamental research that has real-world impact around the globe. Topics include auctions, game theory, voting, information aggregation, and strategic behavior within and between organizations. This research is taught in economics and political science departments across the world and is in leading PhD textbooks.

Our MEDS faculty is world-renowned for research and teaching in microeconomics, game theory, political economy, decision theory, probability and statistics.

Faculty in the MEDS department have won numerous research awards and have been elected to memberships of prestigious societies such as the Econometric Society and the American Academy of Arts and Sciences. Multiple Nobel-prize winners conducted fundamental research here.  Additionally, the journal Games and Economic Behavior was founded in the MEDS department.

Nobel Legacy

Former Kellogg Professor Paul Milgrom’s Nobel Prize demonstrates a legacy of innovation in the MEDS department.
Read on


Upcoming Events

September 28, 2022 | 03:30 PM
Kellogg Global Hub, 4101

September 29, 2022 | 12:15 PM
Kellogg Global Hub, 5101
October 03, 2022 | 12:15 PM
Kellogg Global Hub, 5301

Featured Faculty Members

Edoardo Teso

Professor Teso works on issues related to campaign finance, public sector employment, and individual preferences.

Daniel Martin

Professor Martin studies how information is processed and disclosed.

Erika Deserranno

Professor Deserranno's research interests lie at the intersection between development and personnel economics.

Recent Research

A Theory of Strategic Uncertainty and Cultural Diversity
Willemien Kets, Alvaro Sandroni, Review of Economic Studies, 2021
If it is surely better, do it more? Implications for preferences under ambiguity
Soheil Ghili, Peter Klibanoff, Management Science, 2021
Influencing Waiting Lists
James Schummer, Journal of Economic Theory, 2021
Systemic Credit Freezes in Financial Lending Networks
Daron Acemoglu, Asuman Ozdaglar, James Siderius, Alireza Tahbaz-Salehi, Mathematics and Financial Economics, 2021
Divided We Stay Home: Social Distancing and Ethnic Diversity
Georgy Egorov, Ruben Enikolopov, Alexey Makarin, Maria Petrova, Journal of Public Economics, 2021
Comparison of Decisions under Unknown Experiments
Andrew S Caplin, Daniel Martin, Journal of Political Economy, 2021

Find Your Fit

Our innovative portfolio of MBA programs helps our students find the ideal balance among professional, educational and personal goals. Wherever you are in your career – and your life – there’s a Kellogg MBA program that will help you grow professionally and personally.

Full-Time MBA Program

Evening & Weekend MBA Program

Executive MBA Program

Executive Education

MS in Management Studies

Doctoral Program

Certificate Program for Undergraduates


Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more


Faculty recruiting

Explore the departments currently accepting submissions and application instructions for open faculty positions at Kellogg.
Learn more


Discover the path to your goals

Our doctoral students learn to think critically, identify opportunities for new frameworks and insights, and gain the technical expertise to turn those opportunities into published research.
Learn more