Michael Schwarz is currently the Chief Economist at Google Cloud. He joined Google in 2012, in the Strategic Technologies unit. While there, he led the development of a carpooling marketplace that later became Waze Carpool. When the carpool technology was transferred from research to production, Michael became the Chief Scientist at Waze and remained in this role until the end of 2016. Prior to Google, Michael was at Yahoo, where he started as the only economist at Yahoo Research. He later became the head of an economics research unit, and received a Super Star award, the highest employee recognition at Yahoo. His most externally visible project at Yahoo was developing algorithms for setting optimal reserve prices for sponsored search auctions. In an earnings call, Yahoo’s president credited this project with having an important impact on the company’s revenues. Michael has received a PhD in Economics from the Stanford Graduate School of Business in 1999, and was on the faculty at Harvard University Economics Department from 1999 to 2004. His academic honors include the 2013 Prize of the Game Theory Society for “the best paper at the interface of game theory and computer science in the last decade”, which he received for his work on sponsored search auctions, and the 2013 best paper award of the American Economic Journal: Microeconomics, which he received for his work on information disclosure. Michael’s work has also been covered in popular press, including a front-page article in the Wall Street Journal and a 2006 Business Week article that reported that as a result of the publication of his paper written with two of his students, "close-mouthed Google has opened up about AdWords since the three economists cracked its code."