Keith Marzilli Ericson

Professor of Markets, Public Policy, and Law at Questrom School of Business, Boston University

Bio and C.V.

Keith M. Marzilli Ericson is Professor of Markets, Public Policy, and Law at Boston University’s Questrom School of Business, where he serves as Department Chair. He is also a Research Associate at the National Bureau of Economic Research, Co-Editor of the Journal of Public Economics, and Commissioner for the Massachusetts Health Policy Commission.

Professor Ericson’s research explores the organization and financing of healthcare markets and how to improve them, with a focus on how public policy, individual decision making, and imperfect competition interact to shape healthcare outcomes. His work has shown how the boundaries of the firm and team structures shape healthcare productivity, how price negotiations between insurers and providers affect the cost of care, and how interventions can help consumers make better choices in complex insurance markets.  A central theme in his work is how markets interact with human decision-making, and his research has provided insights on the role of limited memory, the endowment effect, intertemporal choice, risk preferences, and privacy.

Professor Ericson has innovated business education at Boston University. He designed and launched an undergraduate business analytics concentration linking data to better decision making, and created a Business Economics PhD program preparing future researchers studying the intersection of business, markets, and public policy.

His research has been published in the Quarterly Journal of Economics, American Economic Review, American Economic Journal: Economic Policy, Management Science, Psychological Science, and others. Various media outlets have featured his work, including Harvard Business Review, Slate, The Atlantic, The New York Times, Time, The Los Angeles Times, and The Washington Post.