Michael Ostrovsky

Professor of Economics
Academic Area: 

Research Statement

Michael Ostrovsky’s research is in the areas of game theory, market design, industrial organization, and finance. Most recently, he has analyzed information aggregation in financial markets, the properties of internet advertising auctions, stability in trading networks, and voting in shareholder meetings.

Academic Degrees

  • PhD in Business Economics, Harvard University, 2005
  • AM in Economics, Harvard University, 2003
  • BAS in Mathematics, Economics, Stanford University, 1999

Academic Appointments

  • At Stanford University since 2005
  • Research Associate, National Bureau of Economic Research, 2014 - present
  • Visiting Scientist, Google, 2013 - 2014
  • National Fellow, Hoover Institution, 2008 - 2009

Awards and Honors

  • Alfred P. Sloan Research Fellowship, 2011 – 2015
  • National Science Foundation Research Grant, 2011 – 2015


Journal Articles

Michael Ostrovsky, Renato Paes Leme. Theoretical Economics. September 2015, Vol. 10, Issue 3, Pages 853-865.
Michael Ostrovsky, John William Hatfield, Scott Duke Kominers, Alexandru Nichifor, Alexander Westkamp. Journal of Political Economy. October 2013, Vol. 121, Issue 5, Pages 966-1005.
Michael Ostrovsky. Econometrica. November 2012, Vol. 80, Issue 6, Pages 2595-2647.
Michael Ostrovsky, Gregor Matvos. Journal of Financial Economics. October 2010, Vol. 98, Issue 1, Pages 90-112.
Michael Ostrovsky, Michael Schwarz. American Economic Journal: Microeconomics. May 2010, Vol. 2, Issue 2, Pages 34-63.
Michael Ostrovsky, Archishman Chakraborty, Alessandro Citanna. Journal of Economic Theory. January 2010, Vol. 145, Issue 1, Pages 85-105.
Gregor Matvos, Michael Ostrovsky. Journal of Financial Economics. 2008, Vol. 89, Issue 3, Pages 391-403.
Michael Ostrovsky. American Economic Review. 2008, Vol. 98, Issue 3, Pages 897-923.
Benjamin Edelman, Michael Ostrovsky, Michael Schwarz. American Economic Review. 2007, Vol. 97, Issue 1, Pages 242-259.
Ariel Pakes, Michael Ostrovsky, Steven Berry. RAND Journal of Economics. 2007, Vol. 38, Issue 2, Pages 373–399.
Michael Ostrovsky, Michael Schwarz. RAND Journal of Economics. 2005, Vol. 36, Issue 4, Pages 816-832.

Working Papers

Strategic Trading in Informationally Complex Environments | PDF
Nicolas S. Lambert, Michael Ostrovsky, Mikhail Panov2016


Degree Courses


This class will focus on several topics in auction market design and related areas. It is an advanced course, intended as a sequel to the more basic market/mechanism/auction design courses offered at the Economics department and the GSB. Students...


GSB students are eligible to report on work experience that is relevant to their core studies under the direction of the Director of the PhD Program. Registration for this work must be approved by the Director of the PhD Program and is limited to...

This is the Advanced Applications option in the menu of courses that satisfy the Management Perspectives requirement in Optimization and Simulation Modeling (OSM). The course is tailored to students who already have command of basic optimization...

This class will focus on several topics in market design and related areas. It is intended as a sequel to the more "standard" market/mechanism/auction design courses offered at the GSB and the Economics department (MGTECON 602 and Econ 285), and...

Stanford University Affiliations

Service to the Profession

  • Co-Director, Working Group on Market Design, National Bureau of Economic Research
  • Co-editor, American Economic Journal: Microeconomics
  • Associate Editor, Econometrica

In the Media

Financial Times, July 7, 2007
Bloomberg Businessweek, April 5, 2006

Insights by Stanford Business

January 1, 2006
A scholar shows how the current mechanism could be adjusted to create an auction that better serves advertisers.

School News

September 1, 2005
Three senior professors — in accounting, organizational behavior, and marketing — have joined the Stanford GSB faculty, along with six junior faculty.