Keith W Weigelt
Marks-Darivoff Family Professor
Professor of Management
Research Interests: compensation, corporate strategy, eastern thought, economics of sports, experimental economics, game theory, microfinancing
Address: 2112 SH-DH, 3620 Locust Walk, Philadelphia, PA 19104
Office: (215) 898-6369
1986 - Ph.D. in Business Policy, Kellogg Graduate School, Northwestern University
1975 - M.B.A. (Marketing), Michigan State University
1973 - B.A. (Institutional Management), Michigan State University
Keith W Weigelt, W. Bruce Allen, Neil A Doherty, Edwin Mansfield, Managerial Economics: Theory, Applications and Cases (2005).
Keith W Weigelt, Louis A Thomas (2000), Production Location Choice in a Differentiated Product Market, Strategic Management Journal Abstract
Keith W Weigelt, A. Orrison, A. Schotter (Forthcoming), On the Design of Optimal Organizations Using Tournaments: An Experimental Examination.
Keith W Weigelt, T. Ho (1996), Task Complexity, Equilibrium Selection, and Learning, Management Science Abstract
Keith W Weigelt, A. Schotter, C. Wilson (1994), A Laboratory Investigation of Multi-Person Rationality and Presentation Effects, Games and Economic Behavior Abstract
Richard A. Lambert, David Larcker, Keith W Weigelt (1991), How Sensitive is Compensation to Organizational Size?, Strategic Management Journal, (July), pp. 395-402. Abstract
Awards And Honors
- Undergraduate Division Excellence in Teaching Award, 2005
- Miller-Sherrerd Teaching Award, 2004
- Wharton Graduate Association’s “Tough, but I will thank you in 5 years” Teaching Award, 2004
- Core Class Teaching Award - Wharton, 1999
- Core Class Teaching Award - Wharton, 1996
In The News
- Mobilizing the Disadvantaged, Huffington Post - 05/20/2013
Knowledge @ Wharton
MGMT291 - Negotiation and Conflict Resolution
This course examines the art and science of negotiation, with additional emphasis on conflict resolution. Students will engage in a number of simulated negotiations ranging from simple one-issue transactions to multi-party joint ventures. Through these exercises and associated readings, students explore the basic theoretical models of bargaining and have an opportunity to test and improve their negotiation skills.
MGMT653 - Field Application Project
FAP is an experiential-based course where learning is done outside of the classroom. It is unique in its lack of a classroom setting all meetings take place in a professor's office in small teams of 4 to 6 students. Teams are faced withreal-time issues of outside organizations and work with faculty and host managers to construct innovative solutions. Solutions are integrative and cross-functional in nature. We encourage creative thinking giving students wide access towhat we call "area of expertise" faculty. Depending on the project scope we help students arrange meetings with professors who are experts in their field. Host organizations range from large multinational firms to start-ups. A significant percentage of the projects are with non-profits and organizations focused on social causes.
MGMT783 - Strategies for Economic Inclusion
The majority of humans, estimated to exceed 4 billion people, exist on incomes less than $300 per year. Over 1 billion of these poor exist on less than a $1 per day. Many poor are denied the opportunity to engage in the global business environment. Constraints they face include those of capital, knowledge, and services.
This course is designed to attract those who are interested in the market for the poor. It will provide a managerial guide to those who may want to pursue careers in this space. The course is designed to present a multi-functional view of decisions managers will face.