George Georgiadis, an Associate Professor in the Strategy department, is an applied microeconomic theorist with a focus on organizational economics and industrial organization. At a broad level, his research studies how incentives—predominately financial ones—affect the behaviors of individuals and organizations. One line of research studies how firms can design effective incentive schemes to motivate their employees. Another line analyzes public good provision problems, and specifically, how inefficiencies such as freeriding can be attenuated.
His work has been published in various journals including the American Economic Review, Econometrica, Review of Economic Studies, Theoretical Economics, Journal of Economic Theory, RAND Journal of Economics, and Journal of Public Economics.
Professor Georgiadis teaches Strategy and Organization (STRT 452), an elective MBA course on organizational economics, which aims to offer a micro-economic approach to both the internal organization of firms and its relationship with the firms’ overall strategies. The first part of the course takes the firm's activities as given and studies the problem of organizational design; topics include incentive pay, decentralization, transfer pricing, behavioral biases, and complementarities. The second part examines the determinants of a firm's boundaries and covers outsourcing, horizontal mergers, and strategic commitment.
Prior to joining Kellogg, he taught at the California Institute of Technology and Boston University. He received a B.S. in Electrical and Computer Engineering from the Aristotle University in Greece, a M.S. in Electrical Engineering and a M.A. in Economics from UCLA, and a Ph.D in Management from the UCLA Anderson School of Management.
