Peter Klibanoff

Dr. Peter Klibanoff applies his expertise to solve challenges in economic theory and decision sciences. As the John L. and Helen Kellogg Professor of Managerial Economics and Decision Sciences at the Kellogg School of Management, Northwestern University, he has been a pivotal member of the faculty since 1994. Dr. Klibanoff's academic journey is marked by his dedication to teaching economics, statistics, and decision theory across various levels, where he also serves as the department chair. His research interests are deeply rooted in modeling uncertainty and ambiguity, mechanism design, and optimal regulation. Dr. Klibanoff's work often explores the intricacies of economic theory, competition, and the social benefits of programs like the Medicaid drug program. His contributions to the field are not only theoretical but also practical, as he delves into areas such as asset pricing, game theory, and the dynamics of decentralization versus centralization. Dr. Klibanoff's scholarly output is extensive, with numerous publications in leading academic journals. His research has significantly advanced understanding in areas such as decision theory, externalities, and optimal pricing strategies. Beyond his research, he has made a substantial impact on education through his authorship of an MBA statistics textbook, which is widely used in academic circles. In addition to his academic pursuits, Dr. Klibanoff is actively involved in exploring the implications of regulation and competition in various economic contexts. His work on mechanism design and optimal regulation continues to influence policy and practice, providing valuable insights into the complexities of modern economic systems.