Lars Stole
David W. Johnson Professor of Economics
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Companies are figuring out what individual customers will pay鈥攁nd charging accordingly.
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Biography
Lars Stole studies strategic pricing, contracts and incentives theory, industrial economics and game theory. Stole鈥檚 research has appeared in the American Economic Review, Econometrica, the Review of Economic Studies, the Journal of Political Economy and Games and Economic Behavior. He has made numerous contributions to the theory of strategic price discrimination and competition with contracts.
Stole has been awarded several prizes for his research, including an Alfred P. Sloan Research Fellowship, a National Science Foundation Presidential Faculty Fellowship, and an Olin Fellowship in Law and Economics from the Harvard Law School. In the past, he has lectured at MIT, CERGE/Prague, and CES/Munich, and he has served as Editor of the RAND Journal of Economics. Stole founded the Applied Theory Initiative at Booth and served as co-Director from 2009-2019.
Stole earned bachelor degrees in Political Science and Economics from the University of Illinois, a MSc in Economics from the London School of Economics, and a PhD in Economics from the Massachusetts Institute of Technology.
Outside of academia, Stole enjoys turning wood, working metal and general tinkering.
Selected Publications
With David Martimort,听"Participation Constraints in Discontinuous Adverse Selection Models," Theoretical Economics, 2022, 17(3), pp. 1145-81.
With David Martimort and Aggey Semenov, 鈥淎 Complete Characterization of Equilibria in Two-type Common Agency Screening Games,鈥�听Theoretical Economics, 13 (2018), 1151-1189.
With David Martimort, "Representing Equilibrium Aggregates in Aggregate Games with Applications to Common Agency,"听Games and Economic Behavior, 76 (2012), 753-772.
With David Martimort, 鈥淢arket Participation in Delegated and Intrinsic Common-Agency Games,鈥�听RAND Journal of Economics听(2009).
"Price Discrimination in Competitive Environments,"听Handbook of Industrial Organization听(2008).
With David Martimort, "The Revelation and Delegation Principles in Common Agency Games,"听Econometrica听(2002).
With Jean-Charles Rochet, "Nonlinear Pricing with Random Participation,"听Review of Economic Studies听(2002).
For a listing of research publications, please visit the听.
2024 - 2025 Course Schedule
| Number | Course Title | Quarter |
|---|---|---|
| Microeconomics | 2024 (Autumn) |
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