As a Principal Economist at Vrbo you will work directly with the team responsible for the management and optimization of our online two-sided marketplace. You should expect to bring relevant economic theory to bear on hard business problems that lack answers outside of economics. The ideal candidate will be an expert on the economics of technology, display excellent communication skills and be motivated to positively influence the future of one of the world’s most complex two-sided marketplaces.
What You'll Do:
Serve as company-wide expert on market design, auction theory, two-sided marketplaces, matching theory, game theory and the economics of technology businesses
Create economic models of vacation rental and traditional lodging markets
Work as part of data science team to design and implement machine learning models for economic problems
Consult with product teams on areas of opportunity and economic impact of ongoing product efforts
Define the future of a complex two-sided marketplace with heterogeneous participants, inventory and non-trivial incentive structure
Perform data analyses in support of models using tools like Python and R
Work directly with senior leaders from product and engineering as a representative of economics and data science
Who You Are:
PhD in Economics
8+ years experience in industry, academia or consulting
Must communicate clearly and persuasively both verbally and in writing
4+ years working as Senior Economist within a large technology company
Publication record in auction theory and market design
Strong quantitative intuition and ability to work with data married with strategic thinking and business sense
Ability to communicate complex Economic theory to outsiders with clarity and brevity
Familiarity with sponsored search, computational advertising, performance attribution, multi-objective optimization in marketplaces and experimental design
Benefits & Perks:
- Competitive health and insurance benefits
- Competitive salary
- Annual target bonus or commission
- Parental leave for up to 20 weeks (dependent on eligibility)
- Paid vacation and sick time
- Employee Stock Purchase Program
- Free snacks and beverages
- Frequent company update talks with our leadership team
- Free listing on Vrbo.com
- Electronic, adjustable stand-up desk
- Discounted Metro & Rail pass
- Casual dress
Why Join Us:
Expedia Group recognizes our success is dependent on the success of our people. We are the world's travel platform, made up of the most knowledgeable, passionate, and creative people in our business. Our brands recognize the power of travel to break down barriers and make people's lives better – that responsibility inspires us to be the place where exceptional people want to do their best work, and to provide them the tools to do so.
Whether you're applying to work in engineering or customer support, marketing or lodging supply, at Expedia Group we act as one team, working towards a common goal; to bring the world within reach. We relentlessly strive for better, but not at the cost of the customer. We act with humility and optimism, respecting ideas big and small. We value diversity and voices of all volumes. We are a global organization but keep our feet on the ground so we can act fast and stay simple. Our teams also have the chance to give back on a local level and make a difference through our corporate social responsibility program, Expedia Cares. If you have a hunger to make a difference with one of the most loved consumer brands in the world and to work in the dynamic travel industry, this is the job for you.
Our family of travel brands includes: Brand Expedia®, Hotels.com®, Expedia® Partner Solutions, Egencia®, trivago®, HomeAway®, Orbitz®, Travelocity®, Wotif®, lastminute.com.au®, ebookers®, CheapTickets®, Hotwire®, Classic Vacations®, Expedia® Media Solutions, CarRentals.com™, Expedia Local Expert®, Expedia® CruiseShipCenters®, SilverRail Technologies, Inc., ALICE and Traveldoo®.
In 1995, Vrbo introduced a new way for people to travel together, pairing homeowners with families and friends looking for places to stay. We were grounded in one purpose: To give people the space they need to drop the distractions of everyday life and simply be together. Since then, we've grown into a global community of homeowners and travelers, with unique properties in 190 countries around the world. Vrbo makes it easy and fun to book cabins, condos, beach houses and every kind of space in between.
Vrbo is part of VRBO and the Expedia Group family of brands and offers homeowners and property managers exposure to over 750 million visits to Expedia Group sites each month. To learn more, visit www.vrbo.com.
Expedia is committed to creating an inclusive work environment with a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. This employer participates in E-Verify. The employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.