Renowned Markets and Econometrics Expert Professor Ali Hortaçsu Affiliates with Compass Lexecon
Rhea-AI Summary
FTI Consulting (NYSE: FCN) announced that Dr. Ali Hortaçsu, the William M. Ogden Distinguished Service Professor of Economics at the University of Chicago, has affiliated with its subsidiary Compass Lexecon. Dr. Hortaçsu is renowned for developing pioneering econometric methods applicable to industrial organization, financial markets, energy markets, internet, and various market clearing mechanisms.
The expert received the Koç University Rahmi M. Koç Medal of Science in 2021 for his contributions to empirical tests of market efficiency. His work has been published in leading academic journals and he authored 'Structural Econometric Methods in Industrial Organization and Quantitative Marketing' while serving as co-editor of the Handbook of Industrial Organization.
Positive
- Strategic addition of renowned market efficiency expert strengthens consulting capabilities
- Enhanced expertise in econometric analysis for financial and energy markets
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, FCN gained 0.66%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
WASHINGTON, March 14, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that Dr. Ali Hortaçsu, the William M. Ogden Distinguished Service Professor of Economics at the University of Chicago, has affiliated with its subsidiary Compass Lexecon.
Dr. Hortaçsu specializes in using novel econometric techniques to analyze the efficiency of markets and has developed pioneering econometric methods that can be applied to industrial organization, financial markets, energy markets, the internet and a variety of market clearing mechanisms including auctions, matching and consumer search.
In 2021, Dr. Hortaçsu received the Koç University Rahmi M. Koç Medal of Science for his outstanding contributions to empirical tests of market efficiency, rational behavior and auction models.
“We are excited to have Ali join our growing roster of accomplished affiliates,” said Compass Lexecon Chairman Daniel R. Fischel. “He is a true pioneer in his field, and I know that he will be a great resource for our clients.”
Dr. Hortaçsu’s work has been published in prominent academic journals including the American Economic Review, the Journal of Political Economy, the Quarterly Journal of Economics, Econometrica and the RAND Journal of Economics. He also authored the book Structural Econometric Methods in Industrial Organization and Quantitative Marketing and served as co-editor of the Handbook of Industrial Organization, vols. 4 and 5.
Commenting on his affiliation with Compass Lexecon, Dr. Hortaçsu said, “I look forward to working with my new colleagues as we venture to solve complex analytical and measurement challenges for clients.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated
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FAQ
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