Edoardo Teso
Associate Professor of Managerial Economics & Decision Sciences
Professor Teso joined the Kellogg faculty in 2018 after receiving his PhD in Political Economy and Government from the department of economics at Harvard University. His research interests include political economy, organizational economics, and development economics. He works on issues related to the personnel economics of the state, the process of formation of individual personal preferences, and campaign finance.
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PhD, 2018, Political Economy and Government, Harvard University
MSc, 2011, Economic and Social Sciences, Bocconi University, summa cum laude
BA, 2009, Economic and Social Sciences, Bocconi University -
Donald P. Jacobs Scholar, Kellogg School of Management, Northwestern University, 2018-present
Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2018-present
Political Economy IV: Topics in Development Economics (MECS-540-4)
This course introduces PhD students to three important topics within development economics and political economy, reviewing the frontier of the literature, the latest questions, methods most prevalently used, and the evidence thus far. The class focuses on empirical methods and their connection with theory. The course goal is assisting students as they transition into the research phase of their career.
Strategy Beyond Markets (PACT-441-0)
Many business models are hostage to laws and regulations (Uber, AirBnB, Facebook, fracking, ...). Other business models cater specifically to existing regulations (electric vehicles, e.g.). These laws and regulations represent the "rules of the competitive game." These rules of the game favor some business models over others, but they are not fixed: they are subject to change. Uber, for example, is able to gain a license to operate by changing the rules of the competitive game in a given jurisdiction. The rules of the game also vary significantly across countries. This class will teach you: who makes the rules of the competitive game, whether they can realistically and ethically be changed, and how to know whether the existing rules of the game are favorable to your business model. The analytical framework for beyond-market strategy goes beyond that of traditional competitive strategy. Beyond-market strategy is an emerging discipline which combines elements of competitive strategy, political science, and game theory. The grading is based on in-class group assignments, an individual mid-term exam, and a final group project due before the end of finals week. There is no final exam.
