Renowned Markets and Econometrics Expert Professor Ali Hortaçsu Affiliates with Compass Lexecon

We are excited to announce that Ali Hortaçsu, the William M. Ogden Distinguished Service Professor of Economics at the University of Chicago, has affiliated with Compass Lexecon. Professor Hortaçsu specializes in using novel econometric techniques to analyze the efficiency of markets.

Professor Hortaçsu has developed pioneering econometric methods to study industrial organization as evidenced by his recently published book, Structural Econometric Methods in Industrial Organization and Quantitative Marketing. Professor Hortaçsu also served as co-editor of the Handbook of Industrial Organization, vols. 4 and 5.

Professor Hortaçsu also applies these methods to financial markets, energy markets, and the Internet, as well as a variety of market clearing mechanisms including auctions, matching, and consumer search. His many articles on these subjects have been published in prominent academic journals including the American Economic Review, the Journal of Political Economy, the Quarterly Journal of Economics, Econometrica, and the RAND Journal of Economics.

Professor Hortaçsu has received numerous grants for his research from organizations such as the National Science Foundation and the Alfred P. Sloan Foundation. He is currently a member of the American Academy of Arts and Sciences and a Fellow of the Econometric Society. Professor Hortaçsu has received the Koç University Rahmi M. Koç Medal of Science for his outstanding contributions to empirical tests of market efficiency, rational behavior, and auction models.

Compass Lexecon Chairman Daniel R. Fischel commented, “We are excited to have Professor Hortaçsu join our growing roster of top-notch affiliates. I know that he will add excellent value to our firm and client offerings.”

Professor Hortaçsu added, “I am excited to begin working with the staff at Compass Lexecon and solving complex analytical and measurement questions posed by their clients.”