Jonathan Levin

Jonathan Levin
Contact Info

Research Statement

Jonathan Levin is an applied economist whose research is in the field of industrial organization. He is best known for his work on contracting relationships and on the design of market rules and institutions. In the last few years, he has studied subprime lending, health insurance, the allocation of radio spectrum, and the economics of internet markets.


Jonathan Levin is the Philip H. Knight Professor and Dean of Stanford Graduate School of Business. He was appointed as the 10th dean of the school in September 2016.

Dean Levin joined the Stanford faculty as an assistant professor in 2000. He rose through the ranks to become the Holbrook Working Professor of Price Theory in the Department of Economics. He has taught market design, game theory, microeconomics, and industrial organization at the undergraduate and graduate levels.

Dean Levin was chair of the Department of Economics from 2011 to 2014. He was also professor, by courtesy, at the Stanford Graduate School of Business, a senior fellow at the Stanford Institute for Economic Policy Research, and director of the Industrial Organization Program at the National Bureau for Economic Research.

He is known for his scholarship in industrial organization. His research has spanned a range of topics, including auction and marketplace design, the economics of organizations, consumer finance, and econometric methods. His recent research has focused on internet platforms, the health care system, and ways to incorporate new datasets into economic research.

Dean Levin received the John Bates Clark Medal in 2011 as the economist under the age of 40 working in the United States who made the most significant contribution to economic thought and knowledge. He is a fellow of the American Academy of Arts and Sciences, a Fellow of The Econometric Society, and a former Guggenheim Fellow, among many honors. Over the course of his career at Stanford, Dean Levin has won department and schoolwide awards for distinguished teaching. Beyond Stanford, he has served as an elected member of the American Economic Association’s Executive Committee, and he was named a World Economic Forum Young Global Leader.

He earned a BS in math and a BA in English from Stanford in 1994, a Master of Philosophy in economics from Oxford University in 1996, and a PhD in economics from the Massachusetts Institute of Technology in 1999.

In addition to undertaking academic research, Dean Levin has consulted for a number of Fortune 500 companies, as well as the Federal Communications Commission and the U.S. Treasury. He was one of the economists who participated in the design of the FCC’s broadcast incentive auction, and he was part of the international expert group that designed the first vaccine advance market commitment.

Dean Levin resides in Palo Alto with his wife, Amy, a physician, and his three children. Outside of work, he enjoys watching his children’s soccer games and being active with his family in the community.

Academic Degrees

  • PhD, Economics, MIT, 1999
  • M. Phil, Economics, Oxford University, 1996
  • BA, English, Stanford University, 1994
  • BS, Mathematics, Stanford University, 1994

Academic Appointments

  • Philip H. Knight Professor and Dean, Stanford Graduate School of Business, 2016-present
  • Holbrook Working Professor of Price Theory, 2012-2016
  • Professor (by Courtesy), Graduate School of Business, 2010-2016
  • Full Professor, Department of Economics, Stanford University, 2008-2016
  • Chair of the Department of Economics, 2011-2014
  • Associate Professor, Department of Economics, Stanford University, 2005-2008
  • Assistant Professor, Department of Economics, Stanford University, 2000-2005

Professional Experience

  • Advisory Board of, 2009-2013
  • Sloan Foundation Fellowship Committee, 2009-2014
  • External Visiting Committee, Yale Economics Department, 2011
  • Futures Seminar, Johns Hopkins Economics Department, 2011
  • IGM Chicago Booth Experts Panel, 2011-present
  • Executive Committee, American Economic Association, 2013-2015
  • Council of the Econometric Society, 2013-2015

Awards and Honors

  • Fellow, American Academy of Arts and Sciences, 2014
  • John Simon Guggenheim Memorial Fellowship, 2014
  • American Economic Journal: Microeconomics, Best Paper Award, 2014
  • Fellow, Society for the Advancement of Economic Theory, 2013
  • Young Global Leader, World Economic Forum, 2012
  • John Bates Clark Medal, 2011
  • Fellow, Econometric Society, 2008
  • Kavli Frontiers of Science Symposium, 2006
  • Dean’s Award for Distinguished Teaching, Stanford, 2005
  • Alfred P. Sloan Research Fellowship, 2004-2006
  • Department of Economics Teaching Prize, Stanford, 2004
  • Review of Economic Studies Speaking Tour, 1999
  • Robert M. Solow Graduate Fellowship, M.I.T., 1996-1999
  • George Webb Medley Thesis Prize, Oxford, 1996
  • George Webb Medley Exam Prize, Oxford, 1996
  • Fulbright Scholarship, 1994-1996
  • English Speaking Union Winston Churchill Scholarship, 1994-1996
  • Phi Beta Kappa, 1993
  • President’s Award for Academic Performance, Stanford, 1991


Journal Articles

Vilsa Curto, Liran Einav, Amy Finkelstein, Jonathan Levin, Jay Bhattacharya. American Economic Journal: Applied Economics. April 2019, Vol. 11, Issue 2, Pages 303-332.
Liran Einav, Stephanie Lee, Jonathan Levin. Health Economics. February 2019, Vol. 28, Issue 2, Pages 261-279.
Michael Dinerstein, Liran Einav, Jonathan Levin, Neel Sundaresan. American Economic Review. July 2018, Vol. 108, Issue 7, Pages 1820-1859.
Liran Einav, Chiara Farronato, Jonathan Levin, Neel Sundaresan. Journal of Political Economy. February 2018, Vol. 126, Issue 1, Pages 178-215.
Susan Athey, Jonathan Levin. Research in Economics ( in press ). February 16, 2017.
Liran Einav, Chiara Farronato, Jonathan Levin. Annual Review of Economics. September 2016, Vol. 8.
Jonathan Levin, Andrzej Skrzypacz. American Economic Review. September 2016, Vol. 106, Issue 9, Pages 2528-2551.
Jonathan Levin. Journal of European Economic Association. November 2015, Vol. 13, Issue 6, Pages 998-1021.
Jonathan Levin, Liran Einav, Theresa Kuchler, Neel Sundaresan. American Economic Journal: Mircoeconomics. May 2015, Vol. 7, Issue 2, Pages 215-247.
Jonathan Levin, Liran Einav. Science . November 7, 2014, Vol. 364, Issue 6210.
Liran Einav, Jonathan Levin, Igor Popov, Neel Sundaresan. American Economic Review. May 2014, Vol. 104, Issue 5, Pages 489-494.
Liran Einav, Dan Knoepfle, Jonathan Levin, Neel Sundaresan. American Economic Review. January 2014, Vol. 104, Issue 1, Pages 1-26.
Jonathan Levin, Mark Jenkins. Rand Journal of Economics. June 18, 2013, Vol. 44, Issue 2, Pages 249-276.
Susan Athey, Dominic Coey, Jonathan Levin. American Economic Journal: Microeconomics. 2013, Vol. 5, Issue 1, Pages 1–27.
M. Kate Bundorf, Jonathan Levin, Neale Mahoney. American Economic Review. December 2012, Vol. 102, Issue 7, Pages 3214-3248.
Jonathan Levin. Games and Economic Behavior. February 1997, Vol. 18, Issue 2, Pages 176-192.
Jonathan Levin, Barry Nalebuff. Journal of Economics Perspectives. December 1995, Vol. 9, Issue 1, Pages 3–26.

Book Chapters

Jonathan Levin, Liran Einav. Innovation Policy and the Economy, NBER, Vol 14. University of Chicago Press, June 2014, Pages 1-24.

Other Publications

Jonathan Levin, Daron Acemoglu, Manuel Arellano, Eddie Dekel. Advances in Economics and Econometrics. Cambridge University Press, 2013, Vol. 1.

Insights by Stanford Business

September 25, 2019
At the Stanford China Economic Forum, experts lay out the risks of a relationship unraveled.
June 24, 2019
Three Stanford scholars explore how we measure innovation, how innovation drives productivity, and how productivity affects inequality.
December 5, 2017
15 Stanford business professors recommend books for those long winter nights.
September 15, 2017
The co-founder of Nike discusses the business challenge that almost sank his company, and the charitable causes that make a difference.
December 6, 2016
Reading recommendations from the Stanford GSB community.
November 29, 2016
Why do some companies pay less for broadcast and wireless spectrum? They leverage a flaw in the process.
August 16, 2016
Jonathan Levin talks auction theory, business education, and dinner-table economics.
February 27, 2013
New Stanford research says those with big health problems may be getting less for their money than they could — and raising prices for all.

School News

May 27, 2020
The former Assistant Dean of MBA Admissions will rejoin Stanford GSB as Associate Dean for External Relations.
March 6, 2020
Margaret Neale helped shape Stanford GSB’s curriculum, championed diversity and mentorship, and transformed the fields of negotiations and team performance.
February 4, 2020
Technology investment leader, philanthropist, and MBA alum to address the graduating Class of 2020.
December 11, 2019
The newest employment report announces career outcomes of Class of 2019 graduates.
October 28, 2019
The recently launched lab aims to support and guide innovation in the social sector.
October 18, 2019
At the 2019 fall reunion weekend, seven people received alumni volunteer and faculty awards for their contributions to the school.
October 8, 2019
With new data, pilot programs, and lots of listening, Stanford GSB will build on existing efforts to promote a culture of diversity, equity, and inclusion.
August 29, 2019
Management professor George Foster awarded for outstanding service and contributions to Australia.
June 20, 2019
Stanford GSB students recognized Professors Timothy McQuade, Jesper Sørensen, and David Kreps for their outstanding teaching.
June 18, 2019
Lord Browne of Madingley, MS ’81 and former CEO of BP, advised graduates to embrace that which makes them different.
May 29, 2019
New data revealed as 2019 Social Innovation Fellow awards announced.
January 31, 2019
John Browne, Lord Browne of Madingley, MS ’81, will address graduating students in Stanford GSB’s Class of 2019.
October 30, 2018
Five alumni and one faculty member recognized for contributions to the GSB during annual reunion weekend.
September 27, 2018
Considering the future of management education as we welcome students back to campus.
July 6, 2018
The business icon tells students to provide what we truly need, not simply improve what we have.
June 29, 2018
Spicy and sweet dishes draw a sold-out crowd to this student-run flavor war.
June 20, 2018
Alumni and friends of Jack McDonald gather for the official renaming celebration of the life and legacy of the GSB's beloved professor of 50 years.
June 17, 2018
Anheuser-Busch InBev CEO and Stanford alumnus advised graduates to seek a higher motivation.
June 15, 2018
Students in the MBA, PhD, and MSx programs honored Professors Amit Seru, Peter Reiss, and Anne Beyer, respectively, for their teaching and service.
May 23, 2018
The next generation of social innovators were honored with the Miller Social Change Leadership Award and Social Innovation Fellowships.
May 1, 2018
Stanford GSB faculty are taking advantage of two massive changes in the science of how we behave, Dean Levin explains.
April 6, 2018
Understanding what a strong leader needs.
February 27, 2018
“Effective leaders in the digital age will need to be mindful of the social consequences of technology.”
February 27, 2018
The chief executive of one of the world’s leading consumer goods companies and Stanford MBA alum will address the graduating Class of 2018.
December 15, 2017
Stanford GSB and its culture of collaboration and innovation are strengthened by the investments we make in personal and professional relationships.
November 17, 2017
The presentation at the 2017 reunion weekend includes the first group award for volunteers.
October 26, 2017
Dean Levin engages in conversations with GSB community members about his priorities for the school.
October 6, 2017
What do an adman and an investigative reporter have to teach us about corporations and society? Visiting experts challenge assumptions.
October 4, 2017
The first Women’s Circles Leadership Summit celebrates and educates alumnae who share their personal and professional experiences across generations.
September 20, 2017
The former British lawmaker will specialize in international politics and the global economy during his time at Stanford.
September 6, 2017
Levin and Stanford University leaders oppose the federal administration’s decision to rescind the Deferred Action for Childhood Arrivals program.
August 30, 2017
Nike’s Philip Knight, MBA ’62, talks with Stanford GSB Dean Jonathan Levin and alumni at an intimate Q&A.
August 22, 2017
Dean Jonathan Levin shares his reflections with the Stanford GSB campus community following the recent violent events in Charlottesville, Virginia.
August 7, 2017
Two new committees study long-range shifts in faculty research and management education.
August 4, 2017
The fellowship recipients were selected for their commitment to supporting development and revitalization in the Midwest region, and will receive up to two years of tuition.
June 29, 2017
From February through May, five student-led gala events celebrate the diverse communities that enrich the school experience.
June 28, 2017
Teter joins Stanford Seed with over 20 years of experience in international development, economic growth, and humanitarian program management.
June 21, 2017
Stanford Graduate School of Business alumna Penny Pritzker and Dean Levin send graduates off to launch careers of meaning and impact.
June 2, 2017
In the aftermath of the U.S. presidential election, a workshop series was launched to help students move beyond political conflict.
June 1, 2017
Kirsten Moss shares her thoughts on leadership, how to pick the best applicants, and the future of business school admissions.
May 22, 2017
The recent award dinner also celebrated the generosity of fellowship donors whose gifts financially support Stanford GSB students.
February 27, 2017
A recent two-day symposium celebrated the depth and breadth of impact by faculty member David Kreps in choice theory, finance, game theory, economics.
November 2, 2016
This fall, the Stanford Graduate School of Business welcomed six new professors — including the 2016 winner of the prestigious John Bates Clark award, Yuliy Sannikov — and 11 lecturers.
September 28, 2016
The opening of Highland Hall this fall enables the Stanford Graduate School of Business to offer nearly all first-year MBA students desiring to live on campus a place to call home.
June 2, 2016
Jonathan Levin will become dean of the Stanford Graduate School of Business in September.
May 23, 2016
The former chair of the Stanford Department of Economics and a renowned expert in the field of industrial organization will be the tenth dean of Stanford Graduate School of Business.