Nikhil Malik
Assistant Professor of Marketing and Business Technology
Tepper School of Business, Carnegie Mellon University
My research examines the impact of AI and technology on human choices and equilibrium market outcomes.
- Economics of AI
- LLMs’ world model, design of AI explanations
- AI Risks: Feedback Loops, asymmetric information, biases, and strategic manipulation
- Algorithmic pricing
- Digital Platforms
- Blockchains (Polymarket, Bitcoin, NFT), Housing (Zillow), Creative Content (TikTok, iTunes), SuperApps
Methods: Econometrics · Machine learning · Game Theory
Background
- 2021–25Assistant Professor of Marketing · Marshall School of Business, USC
- 2016–20MS and PhD at Carnegie Mellon University
- 2011–16Quantitative Strategist · Goldman Sachs
- 2007–11Undergrad at Indian Institute of Technology, Delhi
Popular Media: Boston Globe 2025, Tepperspectives 2026 (op-eds) · CNN Business 2021, Forbes, Business Insider 2025, Phys.org 2025, StudyFinds 2025 (mentions)
Research
Published
"The Asymmetric Value of Algorithmic Information in Two-Sided Platforms: Evidence from Zillow"
Quantitative Marketing and Economics 24, 12 (2026).
"Estimation Bias from Machine-Learned Features in Econometric Models"
Forthcoming at Management Science
"Regulating eXplainable Artificial Intelligence (XAI) May Harm Consumers"
Marketing Science 44.3 (2025): 711–724.
"When does beauty pay?"
Information Systems Research 35.4 (2024): 1524–1545.
"Why bitcoin will fail to scale?"
Management Science 68.10 (2022): 7323–7349.
Invited
"Blockchain technology for creative industries: Current state and research opportunities"
IJRM 40.1 (2023): 38–48.
"Deep Learning in Computer Vision — Methods, Interpretation, Causation and Fairness"
Tutorials in OR, INFORMS (2019).
Working Papers
"Does Machine Learning amplify pricing errors in housing market? Economics of ML Feedback Loops"
R&R Management Science
Work in Progress
"Platform design of algorithmic pricing models" · Malik N., Wei M. · SSRN
"The Regulation of Sexually Suggestive Live Streaming Content" · Yuan Y., Malik N., Wang W., Srinivasan K. · SSRN
"The Welfare Effects of Super Apps" · Dai J., Derdenger T., Kim M., Malik N. · SSRN
"Mechanistic Interpretability for LLM based financial choices"
Students
Currently working with
Yuan Yuan — 4th year, Marketing, CMU
Ziqian Ding — 3rd year, Business Technologies, CMU
Jingwei Dai — 3rd year, Information Systems, CMU
Past dissertation committee for
Poet Larsen — USC → Post-Doctoral Fellow, Harvard Business School (2025)
Yanyan Li — USC → University of Houston (2025)
Behnam Mohammadi — CMU → UT Dallas (2025)
Past and Current Research Assistants
Anshul Kumar — MS Machine Learning & Public Policy, CMU (2025–26)
Alan Mohan — MS Artificial Intelligence Engineering – Information Security, CMU (2025–26)
Barath Basavraj — MS Computational Data Science, CMU (2025–26)
News
- Nov 2026 Invited talk, American Statistical Association (ASA) Marketing Section.
- Nov 2026 Invited talk on “The Economics of Algorithmic Prices in Real Estate,” Keystone Strategy.
- Summer 2026 Hiking in Costa Rica, Utah and Colorado. Surfing in Hawaii, Sri Lanka and San Diego.
- Apr 2026 Organized Conference on AI and Human Decisions, Tepper School of Business, CMU.
- Mar 2026 Invited talk, Marketing Workshop, University of Chicago Booth School of Business.