معرفی
James Peck is a Professor in the Department of Economics at The Ohio State University's College of Social and Behavioral Sciences, where he has served since 1992 after previously teaching at Northwestern University’s Kellogg School. He serves as an associate editor of the Journal of Economic Theory and has guest-edited for Games and Economic Behavior.
His research centers on market uncertainty and asymmetric information. Early work established sunspot equilibrium theory, demonstrating how rational price bubbles emerge from fully rational agents. He has made seminal contributions to bank run dynamics, destructive competition theory (cited in a U.S. Supreme Court decision), and herding behavior in markets. Current work examines transaction timing under demand uncertainty where firms learn and adjust prices while consumers anticipate strategies.
Recent publications (2024-2014) reveal consistent focus on demand uncertainty across auction theory, banking, and pricing mechanisms. Key trends include experimental validation of theoretical models, strategic behavior in competitive markets, and welfare implications of information asymmetry—particularly in monopoly pricing, bank run prevention, and consumer coordination phenomena.
Professor Peck's honors include:
- Joan N. Huber Faculty Fellow (2011)
- OSU-CIC Academic Leadership Program Fellow (2011-2012)
He has secured National Science Foundation funding for herding and information cascade research. Professor Peck teaches microeconomic theory and game theory at undergraduate and graduate levels, advising numerous economics students while maintaining active editorial roles in top economics journals.
