Dr. Michael Baye is the Bert Elwert Professor of Business Economics and Public Policy at Indiana University’s Kelley School of Business, a role he has held since 1997. He is a recognized expert in antitrust, consumer protection, game theory, and pricing strategy, with research focused on the effects of pricing on consumer welfare and firm profitability in both online and traditional markets. Previously, Dr. Baye served as Director of the Bureau of Economics and Chief Economist at the U.S. Federal Trade Commission, advising on antitrust enforcement, consumer protection, and economic policy. His academic career also includes tenured positions at Penn State University and Texas A&M University, as well as visiting appointments at Cambridge and Oxford universities. In addition to his extensive publications and antitrust expertise, Dr. Baye has served on numerous editorial boards in economics and marketing, and has received multiple awards for excellence in teaching and research.
Michael Baye Professional Experience / Academic History
Professional Experience
Academic History
EARLY CAREER
Dr. Michael Baye has lectured and presented at conferences and academic institutions across North America and Europe, holding visiting appointments at prestigious universities including Cambridge, Oxford, Erasmus University, Tilburg University, and the New Economic School in Moscow.
He has served as an independent consultant on antitrust, pricing, and competition matters for the U.S. Department of Justice, the Canadian Competition Bureau, and private clients ranging from startups to Fortune 500 companies.
Baye has provided expert testimony in high-profile cases involving mergers, monopolization, commercial litigation, and pricing strategy.
PUBLICATIONS & RESEARCH
Dr. Baye’s research focuses on antitrust, consumer protection, pricing strategies, online markets, auctions, patents, and advertising.
His work has been published in leading economics and marketing journals, including the American Economic Review, Journal of Political Economy, Econometrica, Review of Economic Studies, Rand Journal of Economics, International Journal of Industrial Organization, and Journal of Industrial Economics.
He has provided both written and oral expert testimony for the U.S. Department of Justice and the Canadian Competition Bureau.
Baye’s insights on pricing strategies and online market dynamics have been featured in top media outlets, including The Wall Street Journal, Forbes, and The New York Times.