Jonathan William Welburn

Photo of Jonathan Welburn
Operations Researcher; Professor, Pardee RAND Graduate School
Santa Monica Office

Education

Ph.D. in decision science & operations research, University of Wisconsin – Madison; BSc in industrial & systems engineering and economics, University of Wisconsin – Madison

Overview

Jonathan Welburn is a RAND researcher in the fields of operations research and computational economics and teaches at the Pardee RAND Graduate School. His research explores the topics of systemic risk in economic systems, supply chain risks, cyber security, and deterrence with the central theme of elucidating the spread of risk in complex and interdependent systems and potential policy solutions.

Recent Projects

  • Strategic Deterrence in Cyberspace Through Game Theory
  • Systemic Cyber Risk

Selected Publications

Jonathan William Welburn, Aaron Strong, Florentine Eloundou Nekoul, Justin Grana, Krystyna Marcinek, Osonde A. Osoba, Nirabh Koirala, Claude Messan Setodji, Systemic Risk in the Broad Economy: Interfirm Networks and Shocks in the U.S. Economy, RAND Corporation (RR-4185-RC), 2020

Jonathan William Welburn and Aaron Strong, Systemic Cyber Risk and Aggregate Impacts, RAND Corporation (WR-1311), 2019

Jonathan W. Welburn, "Crises Beyond Belief: Findings on contagion, the role of beliefs, and the Eurozone debt crisis from a borrower lender game," Computational Economics, 2019

Jonathan William Welburn, Justin Grana, Karen Schwindt, Cyber Deterrence or: How We Learned to Stop Worrying and Love the Signal, RAND Corporation (WR-1294), 2019

John S Davis, Benjamin Adam Boudreaux, Jonathan W. Welburn, Jair Aguirre, Cordaye Ogletree, Geoffrey McGovern, Michael Chase, Stateless Attribution: Toward International Accountability in Cyberspace, RAND Corporation (RR-2081), 2017

Languages

French

Commentary

  • Cloud service icon with options and devices, photo by artisteer/Getty Images

    Too Interconnected to Fail

    The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.

    Aug 22, 2020 Wall Street Journal

  • Jonathan Welburn stands on Santa Monica's nearly deserted Third Street Promenade in May 2020, photo by Diane Baldwin/RAND Corporation

    Balancing Public Health and Economic Effects of Physical Distancing: Q&A with Jonathan Welburn

    Jonathan Welburn, an operations researcher at RAND, has spent years studying how economic shocks ripple outward like a contagion through the economy. He recently helped develop an online tool that policymakers can use to manage the health and economic effects of COVID-19 interventions.

    Jul 13, 2020

  • Commercial trucks cross over the Ambassador Bridge at the international border crossing during the COVID-19 outbreak, in Detroit, Michigan, March 18, 2020, photo by Rebecca Cook/Reuters

    Supply Chain Disruptions Due to COVID-19 and Social Distancing

    There are significant epidemiological and economic risks and uncertainties with physical distancing policies put into effect in the United States to reduce the growth of COVID-19. We have estimated the economy-wide impacts of a set of these policies to provide a sense of their likely economic toll.

    Apr 28, 2020 The RAND Blog

  • Temporary closed signage is seen at a store in Manhattan following the outbreak of COVID-19, in New York City, March 15, 2020, photo by Jeenah Moon/Reuters

    The Danger of Converting a Health Crisis into a Financial Crisis

    The impulse to do something to help businesses right now is well-intended, but lending to companies that were highly leveraged pre-crisis is a risky bet. Assistance could be best directed toward sound enterprises that are likely to survive and contribute to boosting the economy in the coming years.

    Apr 13, 2020 CNN

  • A man wears a mask while walking past the New York Stock Exchange in New York City, March 17, 2020, photo by Lucas Jackson/Reuters

    The Social Distancing Economy: Q&A with RAND Experts

    Congress and the White House are weighing economic policies to help people acutely affected by the coronavirus pandemic. Here are insights from RAND experts on what might be effective in terms of fiscal policy, stimulus spending, and emergency relief to affected workers.

    Mar 18, 2020

  • World map with electronic circuits

    When Cyber Attacks Occur, Who Should Investigate?

    Data breaches and cyberattacks cross geopolitical boundaries, targeting individuals, corporations and governments. Creating a global body with a narrow focus on investigating and assigning responsibility for cyberattacks could be the first step to creating a digital world with accountability.

    Dec 6, 2018 United Press International

  • Financial video game

    Let's (Not) Play Games with Dodd-Frank

    Dodd-Frank, the 2010 financial reform law, is now itself the target of reform. Those involved with the overhaul could draw inspiration from an unlikely source: video games. A simulation game could help predict the effects of changes to regulations—and avoid high-stakes missteps.

    May 4, 2017 The Hill

Publications