Michael R. Baye is the Bert Elwert Professor of Business Economics & Public Policy at Indiana University's Kelley School of Business, and served as the Director of the Bureau of Economics at the Federal Trade Commission from July 2007—December 2008. He received his B.S. in economics from Texas A&M University in 1980 and earned a Ph.D. in economics from Purdue University in 1983. Prior to joining Indiana University, he taught graduate and undergraduate courses at The Pennsylvania State University, Texas A&M University, and the University of Kentucky. He has held a variety of editorial posts in economics, marketing, and business, and currently serves as a co-editor for the Journal of Economics and Management Strategy. Michael has won numerous awards for his outstanding teaching and research, and teaches courses in managerial economics and industrial organization at the undergraduate, M.B.A., and Ph.D. levels. His research has been published in the American Economic Review, Journal of Political Economy, Econometrica, the Review of Economic Studies, the Economic Journal, and Management Science. It has also been featured in the Wall Street Journal, Forbes, the New York Times, and numerous other outlets. When he is not teaching or engaged in research, Michael enjoys activities ranging from camping to shopping for electronic gadgets.

Jeffrey T. Prince is Associate Professor of Business Economics & Public Policy at Indiana University's Kelley School of Business. He received his B.A. in economics and B.S. in mathematics and statistics from Miami University in 1998 and earned a Ph.D. in economics from Northwestern University in 2004. Prior to joining Indiana University, he taught graduate and undergraduate courses at Cornell University. Jeff has won top teaching honors as a faculty member at both Indiana University and Cornell, and as a graduate student at Northwestern. He has a broad research agenda within applied economics, having written and published on topics that include demand in technology markets, internet diffusion, regulation in healthcare, risk aversion in insurance markets, and quality competition among airlines. He is one of a small number of economists to have published in both the top journal in economics (American Economic Review) and the top journal in management (Academy of Management Journal). Professor Prince currently serves on the editorial board for Information Economics and Policy. In his free time, Jeff enjoys activities ranging from poker and bridge to running and racquetball.