Thomas D. Jeitschko

Curriculum Vitae

Thomas D. Jeitschko [Y-EYE-TCH-coh; 'jaiʧ kʰoʊ] is the Senior Associate Provost. In this role he works at the direction of and supports the Provost. He helps in guiding the budgeting process of the provost office, oversees the provost office communications, Institutional Research, and Institutional Space Planning and Management, as well as the Apple Developer Academy and the SIS-transition project.

Jeitschko is a Professor of Economics who holds an advanced degree from the University of Münster in Germany in Economic History and a Ph.D. from the University of Virginia in Mathematical Economics. At MSU he has taught graduate courses and served on Ph.D. committees in the College of Social Science, the Broad College of Business, the College of Engineering, the College of Ag and Natural Resources, and the Law College.

His research interests are in applied economic theory, including game theory, industrial organization, and law and economics. He has published in a wide variety of journals and served on multiple editorial boards. He has also worked at the U.S. Department of Justice, advises States Attorneys General throughout the U.S. and has been retained by the USDOJ as an expert. Prior to his current appointment at MSU, Jeitschko has held faculty positions at Royal Holloway College, University of London in the United Kingdom, and Texas A&M University as well as shorter appointments at Duke, Johns Hopkins, and Georgetown Universities.

Thomas has also worked at the U.S. Department of Justice in Washington D.C. as an Economist in the Antitrust Division where he was the lead economist on many investigations of mergers and potentially anticompetitive firm conduct. In addition to many other cases, he was the lead economist evaluating possible anti-competitive effects of the proposed merger between the NYSE and the Deutsche Börse and the proposed takeover of NYSE by Nasdaq and ICE, he was involved in investigations covering Medicaid and health insurance providers, and he has expertise in Financial Markets, Securities and Derivatives Exchanges, OTC, Indices; Airlines at Slot-Controlled Airports; Telecommunications and Internet Content Provision; Generic Drugs; Patents and Patent Pooling; and Auctions. He has advised and consulted for States Attorneys General Offices throughout the U.S. concerning antitrust and consumer protection matters and has been retained by the U.S. Department of Justice as an expert.

Prior to his current appointment at MSU, Thomas has held faculty positions at Royal Holloway College, University of London and Texas A&M University, as well as shorter appointments at Duke, Johns Hopkins, and Georgetown Universities, and Humboldt University in Berlin, Germany. Thomas is currently a collaborator on two NSF grants and he regularly presents his research at invited seminars and conferences throughout the U.S. and abroad and he also regularly presents before Federal and International Agencies about his research in antitrust and consumer protection.

View Thomas Jeitschko's CV.

Areas of Expertise

Industrial Organization; Law and Economics; Antitrust and Consumer Protection; Learning and Information; Applied Game Theory; Applied Theory; Behavioral, Experimental and Socio-Economics

Mergers, Acquisitions, Joint Ventures; Auctions; Intellectual Property and Patents/Patent Pooling; Financial Markets: Securities and Derivatives Exchanges, OTC, Indices; Medical Insurance, Medicare and Medicaid; Airlines at Slot-Controlled Airports; Telecommunications and Internet Content Provision; Generic Drug Markets; Pricing Policies and Price Gouging

Research

Google Scholar Page

Working Papers also available at SSRN and IDEAS

electronic copies available upon request

Refereed Journal Publications:

1. “Welfare Effects of Certification under Latent Adverse Selection,” with Anthony Creane and Kyoungbo Sim, International Journal of Industrial Organization, forthcoming.

2. “Zero-Rating and Vertical Content Foreclosure,” with Soo Jin Kim and Aleksandr Yankelevich, Information Economics and Policy, 55, June 2021.

3. “Platform Competition with Endogenous Homing,” with Mark Tremblay; International Economic Review, 61(3), 1281—1305, August 2020.

4. “Naïve and Sophisticated Mixing: Experimental Evidence,” with Christian Alcocer and Robert Shupp; Journal of Economic Behavior and Organization, 170, 157–173, 2020.

5. “Towards the Next Generation of Scholarship: Challenges and Opportunities for Full Participation in PhD Training in Economics,” American Economic Review: Papers & Proceedings, 109(5), 250—254, May 2019.

6. "Information Acquisition, Signaling, and Learning in Duopoly,” with Ting Liu and Tao Wang; International Journal of Industrial Organization, 61, 155–191, November 2018.

7. “What past agency actions say about complexity in merger remedies, with an application to generic drug divestitures,” with Eric Emch and Arthur Zhou, Competition: The Journal of the Antitrust, UCL and Privacy Section of the California Lawyers Association, 27(1), 87–104, Winter 2017–18.

8. “Bundling and Joint Marketing by Rival Firms,” with Yeonjei Jung and Jaesoo Kim; Journal of Economics and Management Strategy, 26(3), 571–589, Fall 2017.

9. “Soft Transactions,” with C. Oscar Lau, Journal of Economic Behavior and Organization, 141, 122–134, 2017.

10. “Bid and Time Truthful Online Auctions in Dynamic Spectrum Markets,” with Chowdhury Sayeed Hyder and Li Xiao; IEEE Transactions on Cognitive Communications and Networking, 3(1), 82–96, March 2017.

11. “Endogenous Entry in Markets with Unobserved Quality,” with Anthony Creane; Journal of Industrial Economics, LXIV(3), 494–519, September 2016.

12. “Exporting to Bypass Weak Institutions,” with Anthony Creane; European Economic Review, 83, 185–197, April 2016.

13. “Incongruities of Real and Intellectual Property: Economic Concerns in Patent-Policy and Practice,” Michigan State Law Review, 2015(2), 831–844, 2015.

14. “Economic security and democratic capital: Why do some democracies survive and others fail,” with Susan Linz, Jose Noguera and Anastasia Semykina, Journal of Behavioral and Experimental Economics, 50, 13–28, June 2014.

15. “On the Challenges Facing Patent Pooling in Biotechnology,” with Nanyun Zhang, Journal of Intellectual Property Rights, 19(2) 113–122, March 2014.

16. “Adverse Effects of Patent Pooling on Product Development and Commercialization,” with Nanyun Zhang, B. E. Journal of Theoretical Economics, 14(1), 27–57, 2014.

17. “Signaling, Learning and Screening Prior to Trial: Informational Implications of Preliminary Injunctions,” with Byung-Cheol Kim, Journal of Law, Economics, and Organization, 29(5), 1085–1113, 2013.

18. “NYSE Changing Hands: Antitrust and the attempted acquisition of an erstwhile monopolist,” Journal of Stock and Forex Trading, 2(2), 1–6, 2013.

19. “Signaling in Deterministic and Stochastic Settings,” with Hans Normann, Journal of Economic Behavior and Organization, 82(1), 39–55, April 2012.

20. “The Impact of E-Auctions in Adjusting Procurement Strategies for Specialty Coffee,” with Laura Donnet and Dave Weatherspoon, Canadian Journal of Agricultural Economics, 59(1), 63–86, March 2011.

21. “Signal Jamming in a Sequential Auction,” with Wei Ding and Elmar Wolfstetter, Economics Letters, 108(1), 58–61, July 2010.

22. “Love Thy Neighbor as Thyself: Community Formation and the Church,” with Thomas DeLeire, Seamus O’Connell, and Rowena Pecchenino, Faith and Economics, 55, 19–56, Spring 2010.

23. “Entry and Bidding in Common and Private Value Auctions with an Unknown Number of Rivals,” with Dakshina De Silva and Georgia Kosmopoulou, Review of Industrial Organization, special issue on Public-Private Agreements, Competition, and Institutions, 35(1–2), 73–93, September 2009.

24. “Having Life More Abundantly: Caring for the Body, Mind, and Spirit,” with Seamus O’Connell and Rowena Pecchenino, Faith and Economics, 53, 1–33, Spring 2009.

25. “The Effect of Capitalization on Bank Risk in the Presence of Regulatory and Managerial Moral Hazards,” with Shin Dong Jeung, The IUP Journal of Bank Management, 12(2), 7–31, May 2008.

26. “Identity, Collective Beliefs, and the Allocation of Resources,” with Seamus O’Connell and Rowena Pecchenino, Economic and Social Review, 39(1), 39–54, Spring 2008.

27. “A Snapshot of Advances in and Applications of Auctions Research” Applied Economics Research Bulletin, 2(1), 1–8, March 2008.

28. “Auction Hosting Site Pricing and Market Equilibrium with Endogenous Bidder and Seller Participation,” with George Deltas, International Journal of Industrial Organization, 25(6), 1190–1212, December 2007.

29. “Do Well-Capitalized Banks Take More Risk? Evidence from the Korean banking system,” with Shin Dong Jeung; Journal of Banking Regulation; 8(4), 291–315, August 2007.

30. “Averting Economic Collapse and the Solipsism Bias,” with Antonio Guarino and Steffen Huck, Games and Economic Behavior, 57(2), 264–285, November 2006.

31. “Do you want fries with that? An exploration of serving size, social welfare, and our waistlines,” with Rowena Pecchenino, Economic Inquiry, 44(3), 442–450, July 2006.

32. “Gluttony and Sloth: Symptoms of Trouble or Signs of Bliss?—A Theory of Choice in the Presence of Behavioral Adjustment Costs,” with Heather Bednarek and Rowena Pecchenino, B. E. Journal of Economic Analysis & Policy, 5(1), Art. 6, February 2006.

33. “Entry Deterrence under Financial Intermediation with Private Contracts and Hidden Information,” with Neelam Jain and Leonard Mirman, Review of Economic Design, 9(3), 203–225, August 2005.

34. “Stochastic Synergies in Sequential Auctions,” with Dakshina De Silva and Georgia Kosmopoulou, International Journal of Industrial Organization, 23(3–4), 183–201, April 2005.

35. “Incentives for Risk-Taking in Banking: A Unified Approach,” with Shin Dong Jeung, Journal of Banking and Finance, 29(3), 759–777, March 2005.

36. “Entry Deterrence under Agency Constraints,” with Neelam Jain and Leonard Mirman, International Journal of Business and Economics, 2(3), 179–195, December 2003.

37. “Financial Intermediation and Entry-Deterrence,” with Neelam Jain and Leonard Mirman, Economic Theory, 22(4), 793–815, November 2003.

38. “Strategic Experimentation in Financial Intermediation with Threat of Entry,” with Neelam Jain and Leonard Mirman, Annals of Operations Research, 114(1–4), 203–227, August 2002.

39. “Scale Economies and the Dynamics of Recurring Auctions,” with Elmar Wolfstetter, Economic Inquiry, 40(3), 403–414, July 2002.

40. “The Simple Analytics of Information and Experimentation in Dynamic Agency,” with Leonard Mirman and E. Salgueiro, Economic Theory, 19(3), 549–570, April 2002.

41. “Information and Experimentation in Short-Term Contracting,” with Leonard Mirman, Economic Theory, 19(2), 311–331, February 2002.

42. “Financial Intermediation and Entry-Deterrence: A survey,” with Neelam Jain and Leonard Mirman, Economics Bulletin, 12(1), 1–13, June 2001.

43. “Local Discouragement and Global Collapse: A Theory of Coordination Avalanches,” with Curtis Taylor, American Economic Review, 91(1), 208–224, March 2001.

44. “Auctions when Bidders Prepare by Investing in Ideas,” with Elmar Wolfstetter, Economics Letters, 68(1): 61–66, July 2000.

45. “Equilibrium Price Paths in Sequential Auctions with Stochastic Supply,” Economics Letters, 64(1): 67–72, July 1999.

46. “Learning in Sequential Auctions,” Southern Economic Journal, 65 (1): 98–112, July 1998.

Published Conference Proceedings:

1. “Truthful Online Double Auctions with Real-time Stochastic Arrival of Demand and Supply,” with Chowdhury Hyder and Li Xiao, IEEE, 25th International Conference on Computer Communication and Networks, ICCCN, 1-9, August 2016.

2. “Bid and Time Strategyproof Online Spectrum Auctions with Dynamic User Arrival and Dynamic Spectrum Supply,” with Chowdhury Hyder and Li Xiao, IEEE, 25th International Conference on Computer Communication and Networks, ICCCN, 1-9, August 2016.

3. “Towards a Truthful Online Spectrum Auction with Dynamic Demand and Supply,” with Chowdhury Sayeed Hyder and Li Xiao; IEEE Military Communications Conference Proceedings, 413–418, October 2015.

4. “Sequencing of Vertical Research Joint Venture Size,” with Nakarin Amarase, International Proceedings of Economics Development and Research, 39, 31–35, June 2012.

Working Papers and Work in Progress:

1. “A Note of Caution on Using Hotelling Models in Platform Markets,” with Soo Jin Kim and Aleksandr Yankelevich.

2. “Dynamic Regulation with Stochastic Costs: Signal Dampening, Experimentation and the Ratchet Effect,” with Andrew Withers.

3. “Using Rules-of-Thumb: Sophisticated v. Simple Mixing in 2x2 Randomly Matched Games,” with Christian Alcocer.

Other Publications:

1. Review of “Common Value Auctions and the Winner’s Curse” by J. Kagel and D. Levin, Eds., Review of Social Economy, 65(2): 245–248, June 2007.

2. Review of “The Dynamics of German Industry: Germany’s Path toward the New Economy and the American Challenge” by Abelshauser, Review of Social Economy, 66(2): 259–262, June 2008.

3. Review of “Economic Compulsion and Christian Ethics: New Studies in Christian Ethics,” and “God and the Evil of Scarcity: Moral Foundations of Economic Agency,” both by A. Barrera, with R. Pecchenino, Review of Social Economy, 66(3): 397–402, September 2008.

4. “The Encyclopedia of Capitalism,” Hussain, ed. (Facts on File, NY, 2004); James Mirlees, Paul Samuelson, Michael Spence; Market Power, Monopoly, Rationing; w. M. Troy: John Q. Adams, Chester A. Arthur, James Buchanan, Calvin Coolidge, Millard Fillmore, James Garfield, Ulysses Grant, William Harrison, Andrew Johnson, Abraham Lincoln, James Madison, William McKinley, James Monroe, Franklin Pierce; American Civil War, American Revolution, Marshall Plan.

5. "The Encyclopedia of World Poverty,” (Sage Publ, CA, 2006); with M. J. Troy, Millard Fillmore Administration, James Garfield Adm., Ulysses Grant Adm., William Harrison Adm., Andrew Jackson Adm., Andrew Johnson Adm., Lyndon Johnson Adm., James Madison Adm., James Monroe Adm., Franklin Pierce Adm., George Gilder, Hugo Black, and Age Discrimination.

6. “Issues in Price Discrimination — A Comment on and Addendum to ‘Teaching Price Discrimination’,” Southern Economic Journal, 68(1), 178–186, July 2001.