James Schummer joined Kellogg in 1997 after getting his PhD in Economics from the University of Rochester. His research areas include game theory, axiomatic resource allocation, and mechanism design.
The central theme of his research is the following question: How can we make allocation decisions while taking individuals' incentives into account? Professor Schummer's past work on auctions is an example of this, constructing auction rules for environments in which combinations of objects are being allocated. Another example is the design of methods that dynamically reallocate airport landing slots. More recently he has written on the pricing problem for a platform that allocates partnerships, and on allocation methods that utilize waiting lists.
Professor Schummer has taught throughout Kellogg's programs, including the Full time, Evening, Executive MBA, Exec. Ed., and PhD programs. He regularly teaches Business Analytics and Managerial Economics courses, while occasionally teaching MBA Pricing and a PhD course on matching models. He has served as his department's Director of Graduate Studies for the past decade and a half.
Game Theory, Mechanism Design, Market Design, Collective Decision-making.
Probability and statistics; microeconomics; pricing; matching (PhD).
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