Economics guru discusses business efficiency

For Immediate Release: April 2, 2015

BLOOMSBURG — A University of Chicago professor who has studied company and customer behavior in markets from concrete to real estate will be the keynote speaker for Bloomsburg University’s Frederick Douglass Institute for Undergraduate Interdisciplinary Research Conference.

Chad Syverson, an economics expert who has been commissioned by institutions such as the World Bank, will discuss “Why Are Some Companies Efficient While Others Aren’t?” at 2 p.m. on Thursday, April 16, in the Kehr Union, Ballroom. The lecture is open to the public free of charge.

Syverson is the J. Baum Harris Professor of Economics in the Booth School of Business at the University of Chicago, where he has been on the faculty since 2001. Once a mechanical engineer, his research focus is now on productivity, or the efficiency with which companies turn resources into products. Syverson is also an editor of the Rand Journal of Economics.

His work has appeared in publications including the American Economic Review, Journal of Economic Literature, Journal of Political Economy, Review of Financial Studies, Journal of Financial Economics and Journal of Industrial Organization. He has been a guest speaker at Harvard, Yale, Carnegie Mellon, Boston and Georgetown universities; The American Social Science Association; Banco de Portugal; Bank of Canada; National Bank of Belgium; Department of Justice, Antitrust Division; and the World Bank. He earned two bachelor’s degrees in 1996 from the University of North Dakota, one in economics and one in mechanical engineering. He received his doctorate in economics from the University of Maryland in 2001.

The presentation is sponsored by BU’s College of Liberal Arts and Economics Department.

Bloomsburg University is one of 14 universities in Pennsylvania’s State System of Higher Education. The university serves approximately 10,000 students, offering comprehensive programs of study in the colleges of Education, Business, Liberal Arts and Science and Technology.