Jeroen Swinkels
Richard M. Paget Professor of Management Policy
Professor of Strategy
Jeroen Swinkels is the Paget Professor of Management Policy in the Strategy Department at the Kellogg School of Management. He joined Kellogg in 2009, after previous positions at Stanford, Kellogg, and the Olin School at Washington University in St. Louis. He received his PhD in 1990 from Princeton, and his undergraduate degree from Queen's University in Canada.
Swinkels' work has looked, among other things, at the question of how much of the value of an MBA can be traced to signaling versus education, how information is aggregated in auction and other market settings, the efficiency of auctions with many players, the design of incentive contracts with minimum wages, the design of procurement auctions when one vendor is preferred to another, and the evolutionary foundations for self control problems. Recent work examines models with both adverse selection and moral hazard, and competition between principals who face agents of unknown type. A focus has been to bring these tools towards a better understanding of healthcare insurance markets. His current work examines the issue of initiative in organizations. He has been published in journals including Econometrica, the American Economic Review, the Review of Economic Studies, and the Review of Financial Studies. He is a fellow of the Econometric Society, a past associate editor for Econometrica, and has served on boards including the Journal of Economic Theory and Games and Economic Behavior. He was chair of the economics group at the Olin School for 11 years, and received 16 teaching awards while there. At Kellogg, he has served as department chair, on the dean search committee, and as the chair of the personnel committee. His primary teaching is of the core strategy course Business Strategy.
- Game theory; auctions and other models of price formation; evolution and learning; job-market signaling; corporate compensation; principal-agent models; procurement.Working Papers may be found beneath Articles.
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PhD, 1990, Economics, Princeton University
BA (hon.), 1986, Economics, Queen's University, with Honors -
Richard M. Paget Chair in Management Policy, Department of Management and Strategy, Kellogg School of Management, Northwestern University, Evanston, IL, 2009-present
August A. Busch, Jr., Distinguished Professor of Managerial Economics and Strategy, John M. Olin School of Business, Washington University in St. Louis, St. Louis MO, (Also, by courtesy to the Department of Economics after 2006), 1998-2009
Professor of Managerial Economics and Strategy, John M. Olin School of Business, Washington University in St. Louis, St. Louis MO, 1997-1998
Associate Professor of Managerial Economics and Decision Sciences (tenured), J.L. Kellogg Graduate School of Management, Northwestern University, Evanston, IL, 1995-1997
Assistant Professor of Managerial Economics and Decision Sciences, J.L. Kellogg Graduate School of Management, Northwestern University, Evanston, IL, 1992-1994
Assistant Professor of Economics, Stanford University, Stanford CA, 1990-1992 -
EMBA Best Professor Award, Executive MBA Program, Kellogg School of Management
Chairs Core Course Teaching Award, 2020-2021
Chairs' Core Course Teaching Award, Kellogg School of Management, Northwestern University, 2010-2011
Economic Theory Fellow, Society for the Advancement of Economic Theory, 2011
Sidney J. Levy Teaching Award, Kellogg School of Management, 1995-1996 -
Editorial Board, Econometrica, 2005-2017
Editorial Board, Theoretical Economics, 2005-2012
Associate Editor, Journal of Economic Theory, 2003-2009
Competitive Strategy
Based on time-tested economic principles for profitability and growth, this program offers strategy-focused leaders a blend of modern theory, strategic analysis and practical application for sustaining an organization’s long-term competitive advantage.
Foundations for Strategy Formulation (STRTX-431-0)
Field Study (STRT-498-5)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.
Field Study (STRT-498-0)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.
Business Strategy (STRT-431-0)
Strategy is the set of objectives, policies and resource commitments that collectively determine how a business positions itself to create wealth for its owners. This course introduces students to principles and conceptual frameworks for evaluating and formulating business strategy. Topics include the boundaries of the firm, the analysis of industry economics, strategic positioning and competitive advantage, and the role of resources and capabilities in shaping and sustaining competitive advantages.