Michael Baye is the Bert Elwert Professor of Business Economics and Public Policy at Indiana University's Kelley School of Business. 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 Pennsylvania State University, Texas A&M University, and the University of Kentucky, where he also served on the faculty.

Professor Baye has won numerous awards for his outstanding teaching and research and regularly teaches courses in managerial economics and industrial organization at the undergraduate, M.B.A., and Ph.D. levels. Professor Baye has made a variety of contributions to the fields of game theory and industrial organization. His research on mergers, auctions, and contests has been published in such journals as the American Economic Review, the Review of Economic Studies, and the Economic Journal. Professor Baye's research on pricing strategies in online and other environments where consumers search for price information has been published in economics journals (such as the American Economic Review, Econometrica, and the Journal of Political Economy), featured in the popular press (including the New York Times and Forbes), and published in leading marketing journals. His research has been supported by the National Science Foundation, the Fulbright Commission, and other organizations.

Professor Baye has held visiting appointments at Cambridge, Oxford, Erasmus University, Tilburg University, and the New Economic School in Moscow, Russia.

He serves on numerous editorial boards in economics as well as marketing, including Economic Theory and the Journal of Public Policy and Marketing. When he is not teaching or engaged in research, Michael enjoys activities ranging from camping to shopping for electronic gadgets.