Nevo Named HSBC Research Professor in EconomicsAugust 24, 2009
Nevo is internationally known for his research in the area of empirical industrial organization and econometrics. Much of his work focuses on estimating demand for consumer packaged goods and its implications for price competition, mergers and marketing.
He also is known for a provocative housing study that was covered by The New York Times. The study shows that sellers who joined a for-sale-by-owner Web site got at least as much for their homes as sellers who did their real estate business through the use of an agent and the Multiple Listing Service (MLS). (Nevo, Igal Hendel, also a Northwestern professor of economics, and University of Wisconsin-Madison’s Francois Ortalo-Magne co-authored the study.)
Nevo has received numerous honors and awards including the National Science Foundation CAREER grant, an Alfred P. Sloan Research Fellowship and the 2007 Compass Prize, shared with Hendel. The Compass Prize recognized significant contribution to the understanding and implementation of competition policy outlined in the Econometrica article “Measuring the Implications of Sales and Consumer Inventory Behavior."
Nevo’s scholarship has been widely published in economics and marketing journals. He currently serves on the editorial review boards of the Review of Economics Studies, the RAND Journal or Economics, the Journal of Industrial Economics, Quantitative Marketing, and Economics and Marketing Science.
Nevo joined the Northwestern faculty in 2004.