Homepage of Eric M. Schwartz
Last updated 2026-04-06

Curriculum Vitae (HTML) |
Curriculum Vitae (PDF)
Welcome to Eric Schwartz's simple website!
Eric Schwartz is an Associate Professor of Marketing, with tenure, at the Stephen M. Ross School of Business at the University of Michigan. He is a data scientist applying research in statistics, machine learning, and econometrics to a range of problems. These span problems in customer analytics for marketing, such as A/B testing methods, native advertising, streaming media, and valuing customers, as well as in optimal resource allocation for public health. In the classroom, Professor Schwartz focuses on the quantitative aspects of marketing, including electives on customer lifetime value and customer analytics, as well as the introductory core marketing course. He is also co-founder and board member of BlueConduit, a social venture spun out of the University of Michigan applying machine learning research developed during the Flint Water Crisis to find lead pipes for cities and utilities across North America. For more biographical information, see below.
What's New
- [2026 April] New working paper with Tong Li and Joseph J. Williams, “Adaptive Experiments in Factorial Designs: PostDiff as a Power-Analysis-Driven Algorithm for Balancing Reward and Inference.”
- [2026 April] Hosmer-Hall “AI for Research” talk, Michigan Ross
- [2026 April] Virtual Quantitative Marketing Seminar talk (remote)
- [2026 March] New working paper, “A Statistically Reliable Optimization Framework for Bandit Experiments in Scientific Discovery,” with Tong Li, Travis Mandel, Goldie Phillips, Anna Rafferty, Dehan Kong, and Joseph J. Williams. arXiv:2603.11267. Invited for rebuttal at KDD 2026.
- [2026 March] New working paper, “RIE-Greedy: Regularization-Induced Exploration for Contextual Bandits,” with Tong Li, Thiago de Queiroz Casanova, et al., and Joseph J. Williams. arXiv:2603.11276.
- [2026 March] Hosmer-Hall Seminar talk, Michigan Ross
- [2026 February] Discussant at UT Dallas Bass FORMS
- [2026 January] Hosmer-Hall “AI for Teaching” talk, Michigan Ross
- [2025-26] Featured on the Business + Society Podcast on BlueConduit and the Flint Water Project
- [2025] Winner, AMA Robert J. Lavidge Global Marketing Research Award (Ross News, Reel)
- [2025] Finalist for AMA Shelby D. Hunt/Harold H. Maynard Award for best paper in Journal of Marketing
- [2025] Finalist for AMA/MSI/H. Paul Root Award for best paper in Journal of Marketing
- [2025] Braun and Schwartz (2025), "Where A/B Testing Goes Wrong," published in Journal of Marketing, 89(2), 71–95.
- [2024] Braun, de Langhe, Puntoni, and Schwartz (2024) published in Journal of Consumer Research, 51(1), 119–128.
- Braun, Michael, and Eric M. Schwartz (2025). Where A/B Testing Goes Wrong: How Divergent Delivery Affects What Online Experiments Cannot (and Can) Tell You About How Customers Respond to Advertising. Journal of Marketing, 89(2), 71–95.
Journal Link.
PDF.
BibTeX.
- Finalist, AMA Shelby D. Hunt/Harold H. Maynard Award (2025) — best paper in Journal of Marketing
- Finalist, AMA/MSI/H. Paul Root Award (2025) — best paper in Journal of Marketing
- Braun, Michael, Bart de Langhe, Stefano Puntoni, and Eric M. Schwartz (2024). Leveraging Digital Advertising Platforms for Consumer Research. Journal of Consumer Research, 51(1), 119–128.
Journal Link.
- Aribarg, Anocha and Eric M. Schwartz (2020). Native advertising in online news: Tradeoffs among clicks, brand recognition and website trustworthiness, Journal of Marketing Research, 57(1), 20–24.
Journal Link.
PDF.
BibTeX.
- Finalist, Paul E. Green Award (2020) — best paper in Journal of Marketing Research
- Proserpio, D., J. R. Hauser, X. Liu, T. Amano, A. Burnap, T. Guo, D. Lee, R. A. Lewis, K. Misra, Eric M. Schwartz, A. Timoshenko, L. Xu, and H. Yoganarasimhan (2020). Soul and Machine (Learning). Marketing Letters, 31(4), Special Issue for 11th Triennial Invitational Choice Symposium, 393–404. Journal Link.
- Misra, Kanishka, Eric M. Schwartz, Jacob D. Abernethy (2019). Dynamic online pricing with incomplete information using multi-armed bandit experiments. Marketing Science, 38(2), 226–252.
Journal Link.
PDF.
BibTeX.
- Finalist, John D. C. Little Award (2019) — best marketing paper in Marketing Science, Management Science, and all INFORMS journals
- Schwartz, Eric M., Eric T. Bradlow, and Peter S. Fader (2017). Customer acquisition via display advertising using multi-armed bandit experiments. Marketing Science, 36(4), 500–522.
Journal Link.
PDF.
BibTeX.
- Schwartz, Eric M., Eric T. Bradlow, and Peter S. Fader (2014). Model selection using database characteristics: Developing a classification tree for longitudinal incidence data. Marketing Science, 33(2), 188–205.
Journal Link.
PDF.
BibTeX.
Press Release.
- Berger, Jonah, and Eric M. Schwartz (2011). What drives immediate and ongoing word of mouth? Journal of Marketing Research, 48 (5), 869–880.
Journal Link.
PDF.
BibTeX.
Featured in Contagious .
- Rajaram, Prashant, Puneet Manchanda, and Eric M. Schwartz (2025). Finding the Sweet Spot: Ad Scheduling on Streaming Media.
- Invited for revision at Production and Operations Management.
- PDF on SSRN.
- Earlier short version appeared in AAAI 2018, Workshop on AI and Marketing Science.
- Ahn, Gwen, Fred Feinberg, and Eric M. Schwartz (2025). Customizing Bundles of Experiential Goods: An Application to Performing Arts Ticket Sales.
- Invited for revision at Marketing Science.
- Li, T., T. de Queiroz Casanova, Eric M. Schwartz, V. Kostyuk, D. Kong, G. Phillips, and J. J. Williams (2025). RIE-Greedy: Regularization-Induced Exploration for Contextual Bandits. arXiv:2603.11276.
- Li, T., T. Mandel, G. Phillips, A. Rafferty, Eric M. Schwartz, D. Kong, and J. J. Williams (2026). A Statistically Reliable Optimization Framework for Bandit Experiments in Scientific Discovery. arXiv:2603.11267.
- Invited for rebuttal at KDD 2026.
- Li, Tong, Eric M. Schwartz, and Joseph J. Williams (2026). Adaptive Experiments in Factorial Designs: PostDiff as a Power-Analysis-Driven Algorithm for Balancing Reward and Inference.
- Li, T., J. Nogas, H. Song, H. Kumar, A. Durand, A. Rafferty, N. Deliu, S. S. Villar, Eric M. Schwartz, and J. J. Williams (2025). Algorithm for Adaptive Experiments that Trade-off Statistical Analysis with Reward: Adaptively Combining Uniform Random Assignment and Thompson Sampling. arXiv:2112.08507.
- Schwartz, Eric M., Jacob D. Abernethy, Jared Webb (2026). What Public Utilities Can Teach Us About Customer Targeting Methods: When Bandits, Active Learning, and Tree Ensembles Combine.
Work in Progress
- Active Learning for LLM Fine-Tuning and Prompt Optimization, with John Loretizo (Ross PhD student).
- Develops active-learning methods for LLM fine-tuning labels and prompt selection, with application to student evaluation of teaching and instructors. Generalizes from SETs to any expensive-labeling problem (e.g., consumer reviews, content moderation).
- Schwartz, Eric M., Kenneth Fairchild, Bryan Orme, Alexander Zaitzeff (2019). Active Learning for Ranking and Selection: Bandit MaxDiff for Idea Screening.
- “Sequential Allocation for Customer Acquisition: Delayed Bandits with Partial Monitoring Feedback” (2021) with Liangbin Yang and Peter S. Fader.
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Abernethy, J. D., A. Chojacki, A. Farahi, Eric M. Schwartz, J. Webb* (2018). ActiveRemediation: The Search for Lead Pipes in Flint, Michigan.
KDD 2018, Proceedings of SIGKDD Conference on Knowledge Discovery and Data Mining, London, England, U.K. *Alphabetical order.
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Chojnacki, A., C. Dai, A. Farahi, G. Shi, J. Webb, D. T. Zhang, J. Abernethy, Eric M. Schwartz* (2017). A Data Science Approach to Understanding Residential Water Contamination in Flint. KDD 2017, Proceedings of SIGKDD Conference on Knowledge Discovery and Data Mining, Halifax, NS, Canada. *Students first, then faculty; alphabetical order.
- Cha, S., C. Byrd, T. Drake, M. Ronfeldt, and Eric M. Schwartz (2025). “Identifying Identity-Based Bias in Student Evaluation of Teaching Through Large Language Models Anchored on Human Judgements.”
- Rajaram, Prashant, Puneet Manchanda, and Eric M. Schwartz (2018). “Bingeability and Ad Tolerance: New Metrics for the Streaming Media Age.” Workshops of the 32nd AAAI Conference on Artificial Intelligence, pp. 93–99.
- Abernethy, J., C. Anderson, C. Dai, A. Farahi, L. Nguyen, A. Rauh, Eric M. Schwartz, W. Shen, G. Shi, J. Stroud, X. Tan, J. Webb, and S. Yang* (2016). Flint Water Crisis: Data-Driven Risk Assessment Via Residential Water Testing, in Proceedings of Bloomberg Conference Data for Good Exchange, NY, NY.
*alphabetical order.
- Abernethy, J., C. Anderson, A. Chojnacki, C. Dai, J. Dryden, Eric M. Schwartz, W. Shen, J. Stroud, L. Wendlandt, S. Yang, and D. Zhang* (2016). Data Science in Service of Performing Arts: Applying Machine Learning to Predicting Audience Preferences, in Proceedings of Bloomberg Conference Data for Good Exchange, NY, NY.
*alphabetical order.
- Fairchild, Kenneth, Bryan Orme, Eric M. Schwartz (2015), Bandit Adaptive MaxDiff Designs for Huge Number of Items, in Proceedings of 2015 Sawtooth Software Conference, 105–117.
- PDF. Work in collaboration with Sawtooth Software.
Current and recent courses
- Marketing Management, MKT 503, MBA Core (F 2017, ’18, ’19, ’21, ’22, ’23, ’24, ’25)
- Customer Analytics: Measuring and Managing Customer Value, MKT 626, MBA elective (W 2021, F 2024, ’25)
- Customer Valuation, MKT 419, BBA (F 2024, ’25)
- Enhancing Marketing Practice with AI, MKT 420, BBA (Coming W 2026)
- Data Consulting Studio, MBAn (W 2024)
- Living Business Leadership Experience, MBA and BBA (2018–19, 2019–20, 2020–21)
Past courses
- Customer Analytics: Measuring and Managing Customer Value, MKT 426, BBA elective (W 2020, W 2021)
- Marketing Management, MKT 300, BBA Core (F 2013, 2014, 2015, 2016)
Executive education
- Chief Data and AI Officer (CDAIO) Program, Michigan Ross (2025–26)
- Cohorts 1 and 2: delivered four live sessions (one online and one in-person each)
- Cohort 3: developed digital asynchronous modules
Teaching interests
- Customer-base analysis and customer lifetime value; data science, model building, and statistical machine learning for customer analytics; marketing research and experimental design in marketing practice; action-based learning.
Teaching materials developed
- Data science work to find lead pipes (via BlueConduit):
- BlueConduit and Flint Water Project – Business + Society Podcast, Michigan Ross, 2025
- Artificial Intelligence Accelerates Lead Pipe Removal in U.S. Cities – The Rockefeller Foundation, Dec 18, 2024
- Biden sets 10-year deadline for US cities to replace lead pipes nationwide – Associated Press (and dozens of outlets), Oct 8, 2024
- BlueConduit Launches LeadOut Map To Identify Potential Risk of Lead in Drinking Water – The Rockefeller Foundation, Aug 26, 2024
- TIME Best Inventions 2021, “Lead Pipe Finder” – TIME Magazine, Nov 2021
- We don’t know where all the lead pipes are. This tool helps find them – Fast Company, Oct 4, 2021
- An Algorithm Is Helping a Community Detect Lead Pipes – WIRED, Sidney Fussell, Jan 14, 2021
- After Flint’s Crisis, An Algorithm Helps Citizens Find Lead Pipes – NPR Science Friday (radio/podcast), Jan 22, 2021
- How Machine Learning Found Flint’s Lead Pipes – The Atlantic, Jan 2, 2019
- Flint Water Crisis: How AI Is Finding Thousands of Hazardous Pipes – New Scientist, Aug 22, 2018
- Get the Lead Out – Michigan Today, Aug 20, 2018 (Video)
- How U-M ‘Data Nerds’ Helped Flint Find Homes With Dangerous Lead Pipes – Bridge Michigan, Sep 4, 2018
- Other coverage:
- Pandemic Paved the Way for Sim Racing, but Will It Last? – New York Times, Roy Furchgott, Jan 18, 2021
- Best 40 Under 40 Professors – Poets & Quants, 2019
- 40 Under 40 – Crain’s Business Detroit, 2022
- 20 in Their 20s – Crain’s Business Detroit, 2016
Employment
- Associate Professor, Marketing Area, Stephen M. Ross School of Business, University of Michigan, 2020–present
- Assistant Professor, Marketing Area, Stephen M. Ross School of Business, University of Michigan, 2013–2020
- Arnold M. and Linda T. Jacob Faculty Fellow, Michigan Ross, 2018–19
Education
Eric Schwartz is an Associate Professor of Marketing (with tenure) at the Stephen M. Ross School of Business at the University of Michigan. Professor Schwartz's expertise focuses on predicting customer behavior, understanding its drivers, and examining how firms actively acquire customers and manage their relationships through interactive marketing experiments and adaptive data collection. His current projects aim to optimize firms' A/B testing and adaptive marketing experiments using a multi-armed bandit framework, often working with companies and organizations. His broader research in customer analytics stretches across managerial applications, including online experiments, online advertising, dynamic pricing, native advertising, streaming video binge viewing, and word-of-mouth. The quantitative methods he uses are primarily machine learning, active learning, Bayesian statistics, and field experiments. Applying those same methods elsewhere, he also works on public policy problems focused on health and safety. His work has been recognized with multiple awards, including the AMA Robert J. Lavidge Global Marketing Research Award, finalist for the AMA Shelby D. Hunt/Harold H. Maynard Award, finalist for the AMA/MSI/H. Paul Root Award, ISMS John D. C. Little Best Paper Award winner, finalist for the Paul E. Green Award, and KDD Applied Data Science Best Student Paper Award. He is a member of the Editorial Review Board of Marketing Science. At Ross, he was the Arnold M. and Linda T. Jacob Faculty Fellow 2018–19. He is also co-founder and board member of BlueConduit, which provides data science software to identify homes with hazardous lead drinking water pipes for water utilities spanning 300 cities and towns in the US and Canada. Before joining the Michigan Ross faculty in 2013, Professor Schwartz earned his Ph.D. in Marketing from the Wharton School and a B.A. in Mathematics and Hispanic Studies, all from the University of Pennsylvania.
@article{braunschwartz2025abtesting,
title={Where A/B Testing Goes Wrong: How Divergent Delivery Affects What Online Experiments Cannot (and Can) Tell You About How Customers Respond to Advertising},
author={Braun, Michael and Schwartz, Eric M},
journal={Journal of Marketing},
volume={89},
number={2},
pages={71--95},
year={2025}
}
@article{braunetal2024digad,
title={Leveraging Digital Advertising Platforms for Consumer Research},
author={Braun, Michael and de Langhe, Bart and Puntoni, Stefano and Schwartz, Eric M},
journal={Journal of Consumer Research},
volume={51},
number={1},
pages={119--128},
year={2024}
}
@article{aribargschwartz2020native,
title={Native Advertising in Online News: Trade-Offs Among Clicks, Brand Recognition, and Website Trustworthiness},
author={Aribarg, Anocha and Schwartz, Eric M},
journal={Journal of Marketing Research},
volume={57},
number={1},
pages={20--34},
year={2020}
}
@article{misraetal2019banditpricing,
title={Dynamic Online Pricing with Incomplete Information Using Multi-Armed Bandit Experiments},
author={Misra, Kanishka and Schwartz, Eric M and Abernethy, Jacob D},
journal={Marketing Science},
volume={38},
number={2},
pages={226--252},
year={2019},
publisher={INFORMS}
}
@article{schwartzetal2017bandit,
title={Customer acquisition via display advertising using multi-armed bandit experiments},
author={Schwartz, Eric M and Bradlow, Eric T and Fader, Peter S},
journal={Marketing Science},
volume={36},
number={4},
pages={500--522},
year={2017},
publisher={INFORMS}
}
@article{schwartzetal2014hmmrf,
title={Model selection using database characteristics: Developing a classification tree for longitudinal incidence data},
author={Schwartz, Eric M and Bradlow, Eric T and Fader, Peter S},
journal={Marketing Science},
volume={33},
number={2},
pages={188--205},
year={2014},
publisher={INFORMS}
}
@article{bergerschwartz2011wom,
title={What drives immediate and ongoing word of mouth?},
author={Berger, Jonah and Schwartz, Eric M},
journal={Journal of Marketing Research},
volume={48},
number={5},
pages={869--880},
year={2011},
publisher={American Marketing Association}
}
(End)
This page was typed by hand and written in HyperText Markup Language (HTML). That means Web 1.0, 1990s style, without any fancy apps and slick Web 2.0 style graphics. No WhatYouSeeIsWhatYouGet editors are needed. This is a flat website in a single page. You can see all contents with full transparency with Show Page Source / Inspect Element in your browser. I used the template provided by Frank da Cruz.
~ Eric Schwartz ~