Current Positions

UC Davis Graduate School of Management, Assistant Professor, 2008-present

Federal Reserve Bank of Chicago, Consulting Economist, 2007-present

National Bureau of Economic Research, Research Economist, 2009-present

International Journal of Industrial Organization, Associate Editor, 2004-present

Past Positions

Tuck School of Business, Associate Professor, 2004-2008

Federal Reserve Bank of New York, Visiting Senior Economist, 2004

Federal Reserve Bank of Chicago, Economist/Senior Economist, 2001-2003

University of Chicago GSB, Adjunct Assistant Professor, 2001-2003

UC Berkeley, Haas School of Business, Visiting Assistant Professor, 1998

University of Tennessee, Assistant Professor, 1996-2001

Education

UC Davis (1996), Ph.D. in Economics.

University of Pennsylvania (1991), B.A. in Economics and Political Science.

Publications

“What Do Consumers Really Pay on Their Checking and Credit Card Accounts?

Explicit, Implicit and Avoidable Costs” (with Jon Zinman), forthcoming American Economic Review Papers and Proceedings.

“Exponential Growth Bias and Household Finance” (with Jon Zinman), forthcoming Journal of Finance.

“How Does Incompatibility Affect Prices? Evidence from ATMs” (with Chris Knittel), forthcoming Journal of Industrial Economics.

“Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs” (with Chris Knittel), BE Journal of Economic Analysis and Policy, 8(1) (Advances), 2008, Article 1.

“The Causes of Bargaining Failure: Evidence from Major League Baseball” (with Amy Farmer and Paul Pecorino), Journal of Law and Economics XLVII(2), October 2004: 543-568.

“Ask Prices, Offers and Time-to-Sale in an Online Exchange” (with Amy Farmer),

Economic Inquiry 42(1), January 2004: 14-28.

“The Economics of Standards Wars,” Review of Network Economics 3(1), March 2004: pp 1-19.

“Price Ceilings, Focal Points, and Tacit Collusion: Evidence from Credit Cards” (with Chris Knittel), American Economic Review 93(5), December 2003: 1703-1729.

“Strategic Responses to Regulatory Threat in the Credit Card Market,” forthcoming October 2003, Journal of Law and Economics XLVI (2), October 2003: 427-452.

“Pricing with Consumer Switching Costs: Evidence from the Credit Card Market,” Journal of Industrial Economics 50(4), December 2002: 475-492.

“Competition and Pricing in the Credit Card Market,” Review of Economics and Statistics 82(3), August 2000: 499-508.

“Environmental Regulation as an Entry Barrier for Small Manufacturing Establishments: A Longitudinal Examination,” Journal of Environmental Economics and Management 40, 2000: 56-75. (with Tom Dean and Robert Brown).

“Ranking Graduate Programs by Graduate Publications,” Economic Inquiry 38(2), April 2000, 358-367. (with Jeffery T. Collins and Richard G. Cox).

“The Tax Reform Act of 1986 and the Composition of Consumer Debt,” National Tax Journal LII (4), December 1999, 717-739.

Working Papers and Work in Progress

“Fuzzy Math, Disclosure Regulation and Credit Market Outcomes: Evidence from Truth in Lending Reform” (with Jon Zinman), revise and resubmit at Review of Financial Studies.

“Strategic Incompatibility in ATM Markets” (with Chris Knittel), NBER Working Paper 12604, revise and resubmit at Journal of Banking and Finance.

“The Productivity Benefits of IT Outsourcing” (with Chris Knittel).

 “Information Technology and Mergers in Financial Services” (with Chris Knittel).

“Attention and Day-to-Day Household Finance” (with Jon Zinman).

“Housing Wealth, Consumption and Borrowing from 2006-2008,” (with Jon Skinner and Jon Zinman).

Other Publications

“Debit or Credit: How People Choose to Pay” (with Jon Zinman), Research Monograph, Filene Institute, November 2008.

“The Economics and Strategy of Standards and Standardization” (with Shane Greenstein), in Scott Shane (ed.), Handbook of Technology and Innovation Management: Blackwell, Oxford, UK 2008.

“Outsource or Die,” (with Jon Zinman), Research Monograph, Filene Institute, August 2007.

“Credit Cards,” (with Julian Wright), New Palgrave Dictionary of Economics: MacMillan, Hampshire, UK, 2007.

Standards and Public Policy (ed., with Shane Greenstein), Cambridge Press, 2006.

“Outsourcing, Firm Size and Product Complexity,” (with Yukako Ono), Federal Reserve Bank of Chicago Economic Perspectives, 1^st Quarter 2005: 2-11.

“Emerging Payment Standards and Public Policy,” (with Tom Ciesielski and Carrie Jankowski), Federal Reserve Bank of Chicago Annual Report, 2004.

“The Economics of Standards: Public Policy and Market Performance” (with Carrie Jankowski), Federal Reserve Bank of Chicago Fed Letter, August 2004.

Grants and Awards

National Science Foundation Grant “Information Technology, Outsourcing and Productivity,” 2008-2010.           

NET Institute Research Grant, Summer 2004, Summer 2006.

            Filene Institute Research Grant “Outsource or Die,” 2006-2007.

            Filene Institute Research Grant “Payment Choices,” 2006-2008.

            FDIC Research Grant, 2006.

Allen H. Keally Teaching Award, University of Tennessee, 1999-2000.

Club 6 (High Teaching Evaluations), Haas School, UC Berkeley, 1998.

Finalist, Allen H. Keally Teaching Award, University of Tennessee, 1997-98.

Recent Professional Presentations

            “Salience and Day-to-Day Household Finance”

                        Federal Reserve Bank of Chicago (2009)

“Housing Wealth, Consumption and Saving”

            NBER Summer Institute CRIW group (2009)

“What Do Consumers Really Pay on Their Checking and Credit Card Accounts?

Explicit, Implicit and Avoidable Costs”

            American Economic Association (2009)

“Exponential Growth Bias and Household Finance”

Yale Behavioral Science Conference (2008), American Economic Association (2008), UC Davis (2008), Cornell University (2008), Federal Reserve Bank of Chicago (2008), Dartmouth College, Economics Department (2006).

“The Productivity Benefits of IT Outsourcing”

UC, Berkeley (2008), American Economic Association (2008), Federal Reserve Bank of Kansas City (2008), NBER Summer Institute CRIW Workshop (2007).

“Fuzzy Math, Disclosure Regulation and Credit Market Outcomes”

Stanford University (2008), NBER Summer Institute Law and Economics Group (2008), American Economic Association (2007), UC Berkeley (2006), Georgetown University (2006), Federal Reserve Board (2006), IIOC Conference (2006), Federal Trade Commission (2005).

Past Professional Presentations

NET Institute (2004, 2007), European Central Bank (2006), IIOC Conference (2005), Tuck Winter IO Conference (2006), Department of Justice (2005), NBER Summer Institute IO Meetings (1996, 1998, 2001, 2004), NBER Summer Institute Productivity Potpourri (2004), Tuck School of Business, Dartmouth College (2004), Federal Reserve System Microeconomics Committee (2004), Federal Reserve Bank of New York (2004), American Economic Association Meetings (2004), American Economic Association Meetings (2003), Econometric Society (1996, 1998). Western Economic Association (1997, 1998), Southern Economic Association (1997), Federal Reserve System Bank Structure Conference (2001), Federal Reserve Bank of Minneapolis (2001), Federal Reserve Bank of Chicago (various), Federal Reserve Bank of San Francisco (2001), Federal Reserve Bank of Philadelphia (2001), Georgetown University (1999), Texas A&M University (1997), University of Alabama (1998), Hunter College (1999), University of Oregon (1997), U.C. Berkeley (1998), Duke University (1997), UCLA (1996).