Rate My Professor Frances Lee

Lee's research focuses on applied microeconomics theory, industrial organization, law and economics, and information economics. Her theoretical work includes analyses of incentives for early reporting by sexual assault victims to encourage others, credibility of crime allegations, and Bayesian updating. Key publications comprise 'Gaming a Selective Admission System' (with Wing Suen) in International Economic Review (2023), 'A Potentially Known Confidential Settlement' in Journal of Law, Economics, and Organization (2023), 'Information Validates the Prior: A Theorem on Bayesian Updating and Applications' (with Navin Kartik and Wing Suen) in American Economic Review: Insights (2021), 'Credibility of Crime Allegation' (with Wing Suen) in American Economic Journal: Microeconomics (2020), 'Investment in Concealable Information by Biased Experts' (with Wing Suen and Navin Kartik) in RAND Journal of Economics (2017), and 'The Optimal Extent of Discovery' (with Dan Bernhardt) in RAND Journal of Economics (2016). Recent acceptances include 'The "Reasonable Consumer" Standard for Product Labeling' in American Law and Economics Review (2025), awarded Best Theory Paper. She received the Quinlan School of Business Teaching Excellence Award (Undergraduate) in 2024 and Research Excellence Award in 2020, and serves as Associate Editor of International Review of Law and Economics since 2024.