
In this very informal talk, Steve Levitt discussed why he thinks "feedback" is so important in business decision-making, how experiments generate feedback, and his (mostly-failed) real-world attempts working with businesses to try to convince them implement experiments.
The GSB Charles M. Harper Center
Room 104
Lunch will be provided.
Steve Levitt
Alvin H. Baum Professor in Economics and the College at The University of Chicago
Steve Levitt
Is the Alvin H. Baum Professor in Economics and the College at The University of Chicago where he studies a wide range of topics including the economic aspects of crime, corruption, sports, and education. He also is a faculty research fellow at the National Bureau of Economic Research and the American Bar Foundation.
Professor Levitt received a B.A. in Economics from Harvard University in 1989, and his Ph.D. from MIT in 1994. He was a Junior Fellow at the Harvard Society of Fellows before joining the Chicago faculty in 1997.
He was an associate editor of the Quarterly Journal of Economics before becoming the editor of the Journal of Political Economy, in 1999.
Professor Levitt is a fellow in the American Academy of Arts and Sciences, received the Presidential Early Career Award for Scientists and Engineers from the National Science Foundation in 2000, and the University of Chicago's Quantrell Award for Excellence in Undergraduate Teaching in 1998.
In 2003, he received the John Bates Clark Medal of the American Economic Association as the most outstanding American economist under the age of forty.
Freakonomics, the book he co-authored,takes an unusuallook at the economics underlying real-life issues. Professor Levitt'sapproach emphasizesasking the right questions and drawing connections.In the spring of 2006, he was named one of Time magazine's "100 People Who Shape Our World."