Michael Baye Biography
Michael Roy Baye (born April 6, 1958) is the “Bert Elwert” Professor of Business Economics in the Kelley School of Business at Indiana University.
Michael Baye is a famous Economist, who was born on April 6, 1958 in United States.
According to Astrologers, Michael Baye zodiac sign is Aries
Baye’s research primarily focuses on pricing strategies and their impact on consumer welfare and firm profits. His early papers dealt with the construction of price indices when firms charge different prices for the same product to consumers that have imperfect price information. His later works showed that, by appropriately adjusting price indices, cost-of-living measures and real wage indices to account for a progressive income tax, one could quantify the impact of “bracket creep” on consumer welfare. This research contributed to the policy debate of the 1980s by documenting the “cost” of various proposals to delay or repeal the indexation of the US federal income tax code.
Michael Baye Net Worth
Michael Baye is one of the richest Economist. Michael Baye is listed on Richest Economist. According to our analysis, Wikipedia, Forbes & Business Insider, Michael Baye net worth is approximately $1.5 Million.
|Michael Baye Net Worth & Salary|
|Net Worth||$1.5 Million|
|Source of Wealth||Economist|
|House||Living in own house.|
His more recent work utilizes tools of game theory and industrial organization to derive equilibrium strategies in network industries, mergers, auctions, and contests. Much of this research concerns pricing strategies in oligopoly environments where consumers view the products sold by different firms to be close substitutes. Among other things, it shows that optimal pricing strategies by firms and information “gatekeepers” can lead to equilibrium price dispersion when firms have identical costs, shoppers are well-informed, and firms’ products are perceived to be identical.
Michael Baye HeightMichael Baye's height Not available right now. weight Unknown & body measurements will update soon.
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|Body Measurements||Under Review|
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Baye received his B.S. from Texas A&M University in 1980 and earned a Ph.D. in economics from Purdue University in 1983. Baye has held appointments at Cambridge, Oxford, Erasmus, Tilburg, and the New Economic School in Moscow. He has won many awards for outstanding teaching, and regularly teaches courses in managerial economics and industrial organization at the undergraduate, M.B.A., and Ph. D. level.
Who is Michael Baye dating?
According to our records, Michael Baye is possibily single & has not been previously engaged. As of June 2021, Michael Baye’s is not dating anyone.
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Facts & Trivia
Ranked on the list of most popular Economist. Also ranked in the elit list of famous celebrity born in United States.
As of July 2007, Baye has accepted a position to lead the Federal Trade Commission Bureau of Economics. As director, he advises the FTC on economic policy matters. He is a special consultant for NERA Economic Consulting.