Michael R. Baye

Professor Michael Baye holds the Bert Elwert Chair in Business Economics and Public Policy at Indiana University’s Kelley School of Business. An expert in antitrust, consumer protection, game theory and pricing, he served as Director of the Bureau of Economics at the US Federal Trade Commission during 2007 and 2008. In this role as the FTC's chief economist, Professor Baye advised the Commission on antitrust, consumer protection, and economic policy matters.

During 2019-2021, Professor Baye served on the Academic Research Council of the US Consumer Financial Protection Bureau (CFPB), and as Chairman from October 2019 through September 2020. In this capacity he advised the CFPB about its strategic research planning process and research agenda, including views on the research that the Bureau should conduct relating to consumer financial products or services, consumer behavior, cost-benefit analysis, and other topics including technical advice and feedback on research methodologies, data collection strategies, and methodologies for quantifying the costs and benefits of regulatory actions.

Professor Baye is currently co-editor of the Journal of Economics & Management Strategy.