Dr. Luis Rayo

Professor

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Biography

Luis Rayo is the Erwin P. Nemmers Professor of Strategy at Northwestern University’s Kellogg School of Management and a Research Fellow at the Centre for Economic Policy Research. He is an applied economic theorist specializing in contract theory and information economics. His research covers a wide range of topics including organizational economics, social economics, and the link between income and happiness. Luis has published in top economics journals such as the Journal of Political Economy, American Economic Review, Economic Studies, Econometrica, and the Journal of Economic Literature. His work has been cited in leading media outlets such as the Washington Post, New Yorker, Bloomberg Businessweek, and the Chronicle of Higher Education. He has received numerous awards including the Sidney J. Levy Teaching Award in 2024 and the Ned Smith Research Mentorship Award in 2021 from Kellogg. Additionally, he has been honored with several teaching awards from the University of Utah and has received excellence refereeing awards from the American Economic Review and the Review of Economic Studies.

Research Interests

Awards

#1

Sidney J. Levy Teaching Award

#1

Ned Smith Research Mentorship Award

#1

Brady Teaching Award

#1

Professional MBA Teaching Award

#1

American Economic Review Excellence Refereeing Award

#1

American Economic Review Excellence Refereeing Award

#1

Review of Economic Studies Excellence Refereeing Award

Requirements for Northwestern University

Doctorate Program
Requirements
GPA Requirement
Required:3
TOEFL
Total
Required:90
IELTS
Overall
Required:7
Prerequisites
U.S. Bachelor's degree or equivalent
Application Checklist
  • Online application
  • Transcripts
  • Letters of recommendation
  • Statement of purpose
  • Resume/CV
  • TOEFL/IELTS scores (if applicable)
Specialization Notes

Standard PhD requirements for TGS departments including Chemistry, Physics, and Sociology.