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 Stephen Martin - Vita

 March 2015

Home address:

835 N. Salisbury St.
West Lafayette, Indiana 47906

Phone (001) 765 497 0297
Cell (001) 765 404 7393

Business address:

Department of Economics
Krannert School of Management
403 West State Street
Purdue University
West Lafayette, Indiana 47907-2056

Phone (001) 765 494 4402
Fax (001) 765 496 3655


Date of Birth: November 21, 1948

Citizenship: U.S.A.


B.A., Mathematics, Michigan State University, 1970
Ph.D., Massachusetts Institute of Technology, 1977

Military service: U.S. Army, 1970-73; honorably discharged

Languages: Italian; French; German (reading); Dutch (notions); Japanese (notions); Russian (notions)


Current position:

Professor of Economics, Krannert School of Management, Purdue University

Previous Positions:

Professor of Industrial Organization, Faculty of Economics and Econometrics, University of Amsterdam
Director, Centre for Industrial Economics, University of Copenhagen, September 1995-December 1999
Professor, Department of Economics, European University Institute, September 1988-November 1995
Professor (1987-August 1990); Associate Professor (1983-87); Assistant Professor (1977-83), Department of Economics, Michigan State University
Visiting Scholar, Centre de Recherche Interdisciplinaire en Droit et Economie Industrielle, Université Catholique de Louvain, August-December 1986
Research Economist, Line of Business Program, Federal Trade Commission, September 1980-August 1981
Teaching Assistant, M.I.T., 1976-1977
Research Assistant, M. A. Adelman, 1974

Visiting appointments/short courses taught at:

Renmin University of China, International Summer School, Antitrust and Industrial Economics: Theory and Practice, 2-18 July 2014.
University of Otago, William Evans Visiting Fellow, 16 May-17 June 2011.
Competition and Innovation Summer School, 16 May – 22 May 2010, Turunc, Turkey.
Visiting Scholar, Department of Managerial Economics, Strategy and Innovation, Katholieke Universiteit Leuven, January-June 2009
Università degli Studi di Padova & Università Università Ca'Foscari di Venezia, July 2005
BiGSEM, University of Bielefeld, Summer 2004
Università degli Studi di Padova, May 2001
Institute of International Economics and Management, Copenhagen Business School (Fall 1996, Fall 1997, Fall 1998)
Faculty of Economics, Fukuoka University, Fukuoka, Japan (Summer 1994, Summer 1995)
Faculty of Economics, Kyushu University, Kyushu, Japan (Summer 1995)
Bank of Portugal, Lisbon, Portugal (September 1994)
Istituto di Economia Politica, Università Commerciale Luigi Bocconi
Milano, Italia (Winter 1994)
Università Cattolica del Sacro Cuore, Piacenza, Italia (Fall 1993)
Central European University, Prague (Winter 1992)
Department of Economics, College of Europe, Bruges, Belgium (Winter 1990)

Honors and awards

National Science Foundation Fellow, M.I.T., 1973-76
Phi Beta Kappa, Michigan State University, 1970
National Merit Scholar, 1966

Grants: Phare ACE (Action for Cooperation in the field of Economics) Programme Contract P96-6092-R On technological spillovers between Eastern and Western Europe (joint with Andrej Baniak, Jacek Cukrowski , Jeroen Hinloopen, Martin Kalovec, and Kresimir Zigic).

Publications by topic
Empirical industrial organization

"Advertising, concentration, and profitability: the simultaneity problem," Bell Journal of Economics 10(2), Autumn 1979, pp. 639-647.

"Entry barriers, concentration, and profits," Southern Economic Journal 46(2), October 1979, pp. 471-88.

"Industry demand characteristics and the structure-performance relationship," Journal of Economics and Business 34(1), January 1982, pp. 59-65.

"Aggregation and studies of industrial profitability" (joint with David J. Ravenscraft), Economics Letters 10, 1982, pp. 161-165.

"Vertical relationships and industrial performance," Quarterly Review of Economics and Business 23(1), Spring 1983, pp. 6-18.

"The size of selling costs," (joint with Leonard W. Weiss and George Pascoe) Review of Economics and Statistics 65(4), November 1983, pp. 668-672.

Market, Firm, and Economic Performance. Salomon Brothers Center for the Study of Financial Institutions Monograph Series, 1983-1.

"The misuse of accounting rates of return: comment," American Economic Review 74(3), June 1984, pp. 501-6.

"Vertical spillovers, market concentration, union coverage, and wages," (joint with Cynthia Rence), Journal of Labor Research V(2), Spring 1984, pp. 177-89.

"Testing the interaction between concentration and barriers to entry," Review of Industrial Organization 1(2), Summer 1984, pp. 114-26.

"Structure and performance of U.S. wholesale trade," Managerial and Decision Economics 5(3), September 1984, pp. 160-67.

"Market structure and U.S. trade flows," (joint with Anthony Y.C. Koo) International Journal of Industrial Organization 2(3), September 1984, pp. 173-97.

"Policy change and structural change in the health care industry," (joint with John Goddeeris) Antitrust Bulletin Volume 30, Number 4, Winter 1985, pp. 949-74.

"Causes and effects of vertical integration," Applied Economics 18(7), July 1986, pp. 737-55

"The validity of studies with Line of Business data: comment," (joint with F.M. Scherer, William F. Long, Dennis C. Mueller, George Pascoe, David J. Ravenscraft, and Leonard W. Weiss), American Economic Review 77(1), March 1987, pp. 205-17.

"Market structure and the pass-through of exchange-rate fluctuations," (joint with Max Kreinin and Ed Sheehy), Weltwirtschaftliches Archiv 123(3), 1987, pp. 449-62.

"Market power and/or efficiency?," Review of Economics and Statistics , 70(2), May 1988, pp. 331-35.

"The measurement of profitability and the diagnosis of market power," International Journal of Industrial Organization 6(3), September 1988, pp. 301-21.

"Sunk costs, financial markets, and contestability," European Economic Review 33(6), July 1989, pp. 1089-113.

"Direct foreign investment in the United States," Journal of Economic Behavior and Organization 6, 1991, pp. 283-93.

"Applied industrial organization: methodologies and research agenda," Economia e Politica Industriale 123, September 2004, pp. 61-80.

“Market structure and performance,” Review of Industrial Organization, 40, 2012, pp. 87-108.

Theoretical industrial organization

"A Bainsian interpretation of Von Weizsäcker's model of scale economies," Southern Economic Journal 50, April 1984, pp. 1192-95.

"Modeling oligopolistic interaction," Review of Industrial Organization 5(3), Fall 1990, pp. 71-89.

"Endogenous firm efficiency in a Cournot principal-agent model," Journal of Economic Theory 59(2), April 1993, pp. 445-50.

"Product differentiation and the passthrough of exchange rates to domestic prices," (joint with Louis Phlips), in Market Evolution: Competition and Cooperation , A. van Witteloostuijn, editor, Dordrecht: Kluwer Academic Publishers, 1995, pp. 147-161.

"Oligopoly limit pricing: strategic substitutes, strategic complements," International Journal of Industrial Organization 13(1), March 1995, pp. 41-65.

"Strategic and welfare implications of bundling," Economics Letters 62(3), March 1999, pp. 371-6.

"Vertical market participation," (joint with Alexander Schrader), Review of Industrial Organization 13(3), June 1998, pp. 321-31.

"Sunk cost and entry," Review of Industrial Organization 20(4), June 2002, pp. 291-304.

“Equilibrium state aid in integrating markets,” (joint with Paola Valbonesi) B.E. Journal of Economic Analysis & Policy 8(1), Article 33, 2008.

“Market Performance Implications of the Transfer Price Rule,” (joint with Jan Vandekerckhove) Southern Economic Journal 80(2), October 2013, pp. 466-487.

“Pharmaceutical regulation and innovative performance: a decision-theoretic model,” (joint with Tannista Banerjee) forthcoming, Managerial and Decision Economics.

Experimental tests of oligopoly models

"Experimental tests of consciously parallel behavior in oligopoly," (joint with Ronald Harstad and Hans-Theo Normann), pp. 123-151 in Louis Phlips, editor, Applied Industrial Economics. Cambridge University Press, 1998.

"Vertical foreclosure in experimental markets " (joint with Hans-Theo Normann and Christopher Snyder) Rand Journal of Economics 32(3), Autumn 2001, pp. 466-96.

Research and development

"Public support of innovative activity: lessons from U. S. industrial policy," (joint with Walter Adams), in H. W. de Jong and W. G. Shepherd, editors, Mainstreams in Industrial Organization.  Dordrecht: Martinus Nijhoff, Publishers, 1986, pp. 413-39.

"Market, firm, and research and development," (joint with John Lunn) Quarterly Review of Economics and Business 26(1), Spring 1986, pp. 31-44.

"Private and social incentives to form R & D joint ventures," Review of Industrial Organization 9(2), April 1994, pp. 157-171

"R&D joint ventures and tacit product market collusion ," European Journal of Political Economy 11(4), April 1996, pp. 733-741.

"Public policies toward cooperation in research and development: the European Union, Japan, the United States," in Leonard Waverman, William Comanor, and Akira Goto, editors, Competition Policy in the Global Economy. London: Routledge, 1997, pp. 245-288.

"New product innovation races," in Moriki Hosoe and Eric Rasmusen, editors, Public Policy and Economic Analysis . Fukuoka: Kyushuu University Press, 1997, pp. 91-118.

"The nature of innovation market failure and the design of public support for private innovation" (joint with John T. Scott), Research Policy 29(4-5), April 2000, pp. 437-447; reprinted in Albert N. Link, editor, The Economics of Innovation Policy, Edward Elgar, 2007.

"Spillovers, appropriability, and R&D," Journal of Economics 75(1), 2002, pp. 1-32.

"The evaluation of strategic research partnerships ," Technology Analysis & Strategic Management 15(2), June 2003, pp. 159-176.

Europe, European Union

"Socially acceptable distortion of competition: EC policy on state aid," (joint with Andrew Evans), European Law Review 1(2), April 1991, pp. 79-111; reprinted in A. Gessner, A. Höland, and C. Varga, editors, European Legal Cultures , 1994.

"Reform of the Structural Funds," (joint with Andrew Evans) in Stephen Martin, editor, The Construction of Europe, Kluwer Academic Publishers, 1994, pp. 41-70.

"European food processing industries," European Review 3(2), April 1995, pp. 147-157.

"Protection, promotion and cooperation in the European semiconductor industry," Review of Industrial Organization 11(5), October 1996, pp. 721-735.

"State aid in context," (joint with Paola Valbonesi), in Giampaolo Galli and Jacques Pelkmans, editors Regulatory Reform and Competitiveness in Europe Cheltenham, UK: Edward Elgar, 2000, Volume 1, pp. 176-201.

"Competition policy," in Mike Artis and Frederick Nixson, editors, The Economics of the European Union. Oxford University Press, 2001, pp. 125-42; 2007.

"Energy policy," (joint with Ali M. El-Agraa) in Ali M. El-Agraa, editor, The European Union: Economics and Policies, 2004; revised, 2008, 2010.

La politica Europea degli aiuti di stato: un’analisi degli effetti sulla politica industriale italiana,” (“European State Aid Policy: an Analysis of Effects on Italian Industrial Policy”), (joint with Paola Valbonesi), in Maria Cecilia Guerra, editor, La Finanza Pubblica Italiana 2007. (Italian Public Finance 2007).

Models of competition policy

"Competition policy: publicity vs. prohibition & punishment," in Stephen Martin, editor, Competition Policies in Europe, Elsevier-North Holland Publishers, 1998.

"Resource allocation by a competition authority," pp. 165-199 in Einar Hope, editor, Competition Policy Analysis . Routledge, 2000.

"Product market competition policy and technological performance," in George Norman and Jacques Thisse, editors, Market Structure and Competition Policy. Cambridge University Press, 2000, pp. 161-90.

"Competition policy for high technology industries," Journal of Industry, Competition and Trade , 1(4), 2001, pp. 441-65.

"Competition policy, collusion, and tacit collusion," International Journal of Industrial Organization 24(6), November 2006, pp. 1299-1332

Antitrust & Industrial Economics

"Remembrance of things past: antitrust, ideology, and the development of industrial economics," pp. 25-57 in Ghosal and Stennek, editors, The Political Economy of Antitrust, Elsevier, March 2007.

"The Goals of Antitrust and Competition Policy," pp. 19-84 in Wayne Dale Collins, editor, Issues in Competition Law and Economics, American Bar Association, August 2008.

“Areeda-Turner and the Treatment of Exclusionary Pricing under U.S. Antitrust and EU Competition Policy,” Forthcoming, Review of Industrial Organization.


"The Inflation-Adjusting Auctioneer: Comment on Obst," Quarterly Journal of Economics 94(2), March 1980, pp. 417-21.

"Depletion and natural resources," Quarterly Review of Economics and Business 22(2), Summer 1982, pp. 41-53.

"Comment on the specification of structure-performance relationships," European Economic Review 24(2), March 1984, pp. 197-201.

"Market structure determinants of national brand-private label price differences of manufactured food products: comment," (joint with Jeroen Hinloopen), Journal of Industrial Economics 45(2), June 1997, pp. 219-23.

"Trade and competition," The World Economy 22(6), August 1999, pp. 895-907.

"Introduction," (joint with Simon P. Anderson), Special Issue on Experimental Economics and Industrial Organization, International Journal of Industrial Organization 18(1), 2000, pp. 1-5.

"The EPICS entrepreneurship initiative: combining engineering and management to improve entrepreneurship education and practice," joint with E.J. Coyle, L.H. Jamieson, W.C. Oakes, R.J. Steuterman, S.R. Mehta, D.A. Blewett, and M.C. Thursby.

"Practical Applications as part of Interdisciplinary Entrepreneurship Training:  the IRL-EPICS Practicum" (joint with E.J. Coyle and R. J. Steuterman)

Obituary (Paul Geroski), International Journal of Industrial Organization 23, 2005, p. iii.

"Limit Pricing," The New Palgrave, second edition, 2007.

Book chapters not noted above

"The petroleum industry," (joint with Walter S. Measday), in Walter Adams, editor, The Structure of American Industry , 7th edition, New York: Macmillan, 1986, pp. 38-73.

"The Petroleum Industry," in Walter Adams, editor, The Structure of American Industry , 8th edition, New York: Macmillan, 1990, pp. 41-71; 9th edition, Walter Adams and James Brock, editors, 1995, pp. 35-64; 10th edition, Walter Adams and James Brock, editors, 2000, pp. 28-56; 11th edition, 2004; 12th edition, 2007..

"Economic efficiency and concentration: are mergers a fitting response?," in I valori della concorrenza , Osservatorio "Giordano Dell'Amore" sui rapporti tra diritto ed economia, Milano: Cariplo, 1992, pp. 186-217.

"Depression cartels, market structure, and performance," pp. 85-99 in Alfred Haid, Jürgen Weigand, and Dennis Mueller, editors, Competition, Efficiency, and Welfare. Boston: Kluwer Academic Publishers, 1999.

"Globalization and the limits of competition," pp. 16-64 in Manfred Neumann and Jürgen Weigand, editors, Handbook of Competition , Edward Elgar, 2004; revised, 2013.

"State aid to business," (joint with Paola Valbonesi), Patrizio Bianchi and Sandrine Labory, editors, International Handbook of Industrial Policy, 2006.

“Mergers: An Overview,” pp. 165-186 in The Economics of Corporate Governance and Mergers, Klaus Gugler and B. Burcin Yurtoglu, editors, 2008.


Industrial Economics: Economic Analysis and Public Policy . Macmillan, first edition 1988; Prentice Hall, second edition 1993; Italian translation, Il Mulino, Fall 1997.

Advanced Industrial Economics. Basil Blackwell, 1993; second edition, 2001; Chinese edition, Shanghai University of Finance & Economics Press, February, 2003.

The Construction of Europe (editor). Kluwer Academic Publishers, 1994.

Competition Policies in Europe (editor). Elsevier-North Holland Publishers, 1998.

Industrial Organization: A European Perspective. Oxford University Press, 2001.

Industrial Organization in Context. Oxford University Press, 2010.

Book reviews

The State as Firm , Auster & Silver, Southern Economic Journal 47(3), January 1981, pp. 876-7
Public Libraries: An Economic View, Getz, Southern Economic Journal 48(2), October 1981, p. 539
Productivity Analysis at the Organizational Level , Adams & Dogramaci, Southern Economic Journal Volume 49, Number 2, October 1982, pp. 586-7
The Dominant Firm: A Study of Market Power , White, Southern Economic Journal 51(2), September 1984, p. 628
Mergers, Sell-Offs, & Economic Efficiency , Ravenscraft & Scherer, International Journal of Industrial Organization 6(3), September 1988, pp. 401-5.
Private Antitrust Litigation , Lawrence J. White, editor, Review of Industrial Organization 3(4), Fall 1988, pp. 157-62.
Purposive Diversification and Economic Performance , John T. Scott, Journal of Economics , 1994, pp. 342-345.
Recent Developments in the Theory of Industrial Organization , Alfredo Del Monte, editor, Review of Industrial Organization 10(4), June 1995, pp. 393-5.
Experiments Investigating Market Power, Charles A. Holt and R. Mark Isaac, editors, Journal of Economic Literature, 2004.

In Search of a Chicago School: Review of Building Chicago Economics, forthcoming, Research in the History of Economic Thought and Methodology, 2013.


"The Impact of Defense Spending on Industrial Structure and Performance," prepared for the Department of Defense, May 1979

"Distribution of Medical-Surgical Supplies: Analysis for the White & White Case," Plaintiffs' Exhibit 244, White & White et al vs. American Hospital Supply Corporation, November 1980

"Cartel," in Douglas Greenwald, editor, Encyclopedia of Economics , McGraw-Hill, 1982, pp. 129-31; second edition, 1993, pp. 136-138.

"On the Divergence Between the Legal and Economic Meanings of Collusion," Cartels Conference, European University Institute, November 18-19, 1993

"Competition in the Manufacture and Distribution of Automotive Brake Friction Materials," submitted to the Federal Trade Commission, November 1982 (In the Matter of Illinois Central Industries, Inc. et al., Docket No. C-2370).

"Research in Industrial Economics in Europe," DGXII, December 1995

"Competition Policy Institutions," International Business Lawyer, November 1996

"Asynchronous cycles in US antitrust law and economics," 1997

Market failures and the design of innovation policy (joint with John T. Scott), OECD, February 1998.

Entries on William J. Baumol and Dennis C. Mueller, in Pioneers in Industrial Organization, Henk de Jong and William Shepherd, editors, Edward Elgar, publishers, forthcoming, 2005.

Conference papers, seminar presentations

Specifics of 91 seminar presentations made in the previous century are available on request.

"Spillovers, appropriability and R&D," ASSA meetings, AEA session, Boston, January 8, 2000

"Competition policy toward high technology industries," ASSA meetings, Industrial Organization Society session, Boston, January 9, 2000

"Competition policy toward high technology industries," EARIE meetings, Lausanne, 9 September 2000

"EU merger policy: economic perspectives, " Fourth METU Conference in Economics, Ankara, 15 September 2000

"Strategic research partnerships: evidence and analysis," NSF Workshop on Strategic Research Partnerships, Washington, 13 October 2000

"Competition and innovation," (joint with Jules Theeuwes), Visie op marktwerking, Scheveningen, 20 October 2000

"Vertical foreclosure in experimental markets," Southern Economic Association meetings, Washington, DC, 11 November 2000

Microsoft Roundtable, ASSA Meetings, New Orleans, 7 January 2000

"In search of foundations for the Bowley model of product differentiation," Western Economic Association International meetings, 6 July 2001

"The State Aid Game," (joint with Paola Valbonesi) EARIE, Dublin, 1 September 2001; Bern, 13 June 2005; Padova, 30 June 2005; Jornadas de Economía Industrial, Bilbao, 9 September, 2005; Michigan State University, 28 October 2005.

"International competition policy," International Industrial Organization Society, Boston, Massachusetts (panel discussion), 4 April 2003

"The EPICS entrepreneurship initiative: combining engineering and management to improve entrepreneurship education and practice," joint with E.J. Coyle, L.H. Jamieson, W.C. Oakes, R.J. Steuterman, S.R. Mehta, D.A. Blewett, and M.C. Thursby; paper presented at the 2003 Annual Conference of the American Society for Engineering Education, Nashville, Tennessee, 22-25 June 2003.

"Coal and steel: first steps in European market integration," Conference on Origins and Evolution of the European Union, Georgetown University, 26 September 2003.

"Applied Industrial Organization: Methodologies and Research Agenda,"  paper presented at the annual meeting of the Società Italiana di Economia e Politica Industriale, Pisa, 30 January 2004.

"Competition policy, collusion, and tacit collusion," Brigham Young University , 5 March 2004; BiGSEM, University of Bielefeld, 15 June 2004; Università degli Studi di Lecce, 25 June 2004; Portuguese Competition Authority, 12 November 2004; Washington University, St. Louis, 28 January 2005; ENCORE (University of Amsterdam), 1 April 2005.

"Practical applications as part of Interdisciplinary Entrepreneurship Training: the IRL-EPICS Practicum," joint with E.J. Coyle and R.J. Steuterman, paper presented at the 8th Annual Meetings of the National Collegiate Inventors & Innovators Alliance, San Jose, California, 20 March 2004.

"Sunk cost, capacity, and the measurement of market power: a framework for analysis," paper presented at ENCORE Workshop on Measuring Competition, Amsterdam, 15 April 2004

"Historical development of industrial organization as a field," Università degli Studi di Lecce, 29 June 2004

 “U.S. Antitrust and EU Competition Policy: Where has the Former Been, Where is the Latter Going?,” Universidade de Aveiro, Aveiro, Portugal, 11 November 2004

“The goals of antitrust and competition policy”: 1 June 2006 at Workshop on Competition Policy, University of Antwerp; 5 May 2007 at First Conference of the Research Network on Innovation and Competition Policy (RNIC): “Modern Approaches in Competition Policy,” at the Centre for European Economic Research (ZEW), Mannheim, Germany; 27 March 2009, European University Institute

End of August, 2006: presentation at editor’s workshop, European Association for Research in Industrial Economics meetings, Amsterdam.

"Mergers: an overview," Corporate Governance Workshop, 20 June 2008, University of Vienna.

"Microfoundations for the Linear Aggregate Demand Product Differentiation Model" 12 February 2009, Catholic University of Leuven; 27 March 2009, European University Institute; 29 June 2009, 9th SEAT conference, Ischia

"Antitrust, competition policy, and economics: the interactions," 18 June 2009, American Antitrust Institute workshop "Antitrust in a World Without a Center"

“Economic Arguments in U.S. Antitrust and EU Competition Policy: Two Roads Diverged” Industrial Organization Society session on Economic Issues in EU Competition Policy, ASSA Meetings, Atlanta, Georgia, 3 January 2010  

“Exclusionary behaviour on platform markets” (joint with Subhasish M. Chowdhury): 1 June 2010, ZEW Workshop on Platform Markets Regulation and Competition Policy, Mannheim; 22 October, 2010, IUPUI, Indianapolis

“Market performance implications of the transfer price rule” (joint with Jan Vandekerckhove): 2 July 2010, Western Economic Association International meetings, Portland, Oregon; 3 September 2010, 37th annual meetings of the European Association for Research in Industrial Economics, Istanbul, Turkey.

“Product quality and business contracts: intermediate crude oil pricing in the US domestic market,” (joint with Subhasish M. Chowdhury and Oindrila De), 9th Annual International Industrial Organization Conference, Boston, April 9, 2011.

 “Innovation races with the possibility of failure,” (joint with Subhasish M. Chowdhury), 9th Annual International Industrial Organization Conference, Boston, April 9, 2011; Spring 2011 Midwest Economic Theory and Trade Meetings, 29 April 2011, Notre Dame.

 “Leadership, horizontal integration, bundling, and market performance in price-setting markets: integer effects matter,” (joint with Jan Vandekerckhove), 9th Annual International Industrial Organization Conference, Boston, April 10, 2011; 26th Jornadas de Economía, València, 16 September 2011; Southern Economic Association annual meeting, Washington, DC, 21 November 2011.

“Cartels as children of hard times, antitrust recidivism, and the managerial firm,” 10th annual International Industrial Organization conference, Arlington, Virginia, March 2012; 39th annual EARIE conference, Rome, September 2012; University of East Anglia, 31 May 2013.

“Refusal to deal and product quality,” Midwest Economic Theory Meetings, 27 April 2013.

“Costly Location in Hotelling Duopoly,” 11th Annual International Industrial Organization Conference,” Boston, Massachusetts, 18 May 2013.

“Shaping Antitrust Institutions,” Centre for Competition Policy 9th Annual Conference, University of East Anglia, 7 June 2013.




Other Conferences

"Regulatory Reform and the Completion of the Internal Market," European University Institute, November 21-22, 1988; Chair, Session on Deregulation in Specific Industries

"Entry and Market Contestability: An International Comparison," Wissenschaftszentrum Berlin, November 3 & 4, 1989

"SPES Evaluation Conference," Florence, November 1992 (organizer)

"Global Issues on Competition Policy," Roundtable member," June 20-22, 1996, University of Vienna

"Industrial Organization and the Food -Processing Industry," Roundtable member, March 28, 1996

"Global Issues on Competition Policy," Roundtable member," June 20-22, 1996, University of Vienna "Recent developments in the design and implementation of competition policy," Session Chair, Florence, Italy, 29-30 November 1996

"Empirical advances in industrial organization," WZB, Berlin, 11-13 September 1997 (session chair)

EARIE 1998, 25th Annual Meeting of the European Association for Research in Industrial Economics, Copenhagen, 28-30 August, 1998 (organizer)


Principles of Economics (Micro, Macro)
Intermediate Microeconomics
Intermediate Macroeconomics
Industrial Economics
Mathematical Economics
Comparative Economic Systems


Industrial Economics
Economic Analysis
Microeconomics I
American Economy
Law and Economics
Policy Implications of Industrial Economics
Mathematical Methods in Economics
Discrete Product Choice Models of Product Differentiation
Investment under uncertainty

Competition and Innovation Summer School, Turunç/Marmaris, Turkey, May 17-May 21, 2010.

Masterclass on Competition & Cooperation, University of East Anglia, 31 May 2013.

Dissertations supervised to completion

Schneider, Freidrich Regulating the banking sector , December 1989.
Bongardt, Annette Coordination between customers and suppliers in intermediate goods markets , December 1990.
Hoschka, Tobias Cross-border entry in European Retail Financial Services , November 1992.
Esperança, José Paulo Foreign investment decisions by service multinationals: the case of Portugal and Italy as host countries , March 1993.
Stehmann, Oliver Network Competition for European Telecommunications , June 1993.
Herguera, Iñigo Exchange Rate Passthrough in Oligopoly , September 1994.
Garcia Gallego, Aurora Insights from Experimentation in Oligopoly and Evidence from the Real World , October 1994.
Valbonesi, Paola Four essays on Privatisation in Central Eastern Europe , May 1995.
Normann, Hans-Theo Four essays on Stackelberg oligopoly , June 1996.
Ursulescu, Mirela Comparative advantage in international trade: theory and evidence, 17 February 1997.
Labory, Sandrine Market structure and firm structure in imperfectly competitive markets , 21 February 1997.
Waldeck, Roger Prices with imperfectly informed consumers , 24 June 1997.
Hinloopen, Jeroen Research and development, product differentiation and robust estimation , 25 June, 1997.
Dixon, Stuart Limit pricing and multi-market entry: the strategic behaviour of multinationals under symmetric information , 19 September 1997.
Tokar, Steven Three essays on law and economics , 5 November 2001
Kulaksizoglu, Tamer Essays in applied industrial organization and econometrics, 29 July 2004
Chen, Qiangbing Essays on Technology Diffusion, 1 May 2006.
Chowdhury, Subhasish M. "Essays on Contest Theory," 15 July 2009
Park, Do-Yeun "Determinants of Market Performance for Local Rental Housing Markets: Theory and Evidence," 15 July 2009
Banerjee, Tannista “Essays on the Pharmaceutical Industry,” 6 August 2011.
Greenland, Andrew “Essays in Applied Microeconomics,” 25 June 2013.
Yang, Lihong “Essays in Industrial Organization,” 25 June 2013.
Eminli, Vusal “Essays on Mergers & Acquisitions and Innovation,” 19 July 2013.

Opponent, dissertation defense of Tuomas Takalo, University of Helsinki, 20 February 1999


Director, 1989 Summer School on Industrial Economics, European University Institute.
Director of Graduate Studies, Department of Economics, European University Institute (1989-90).
Chair, Department of Economics, European University Institute (Sep 1990-Aug 1993).
Acting Chairman, Academic Council, European University Institute, for matters relating to selection of the Principal of the Institute (1992).
Director, Centre for Industrial Economics, September 1995-December 1999.
Member, Professorial Selection Committee, Copenhagen Business School, Summer 1996.
Chair, Department of Finance & Organization, University of Amsterdam, September 2000-December 2001.
Member, Equal Opportunity Committee, University of Amsterdam, October 2000-March 2001.
Faculty Director, Technology Transfer Initiative, Purdue University, July 2002-May 2005; Innovation Realization Laboratory, July 2002-May 2006.
Chair, Policy Committee, Economics Group, Krannert School of Management, Purdue University, August 2005-August 2008
Member, Krannert Constitution Committee, September 2007-May 2008
Member, Faculty Leadership Committee, Global Policy Research Institute, May 2010-August 2013.
Member, Purdue University Faculty Senate, August 2008-December 2008; June 2013-present; School of Management Representative to the Senate Advisory Committee, August 2014-present.


External referee for tenure/promotion decisions:

Bocconi University, Copenhagen Business School, Dartmouth College; Georgia Institute of Technology; Michigan State University; Texas A&M University; Tufts University; University of Hong Kong; University of Kansas; University of Lancaster; University of Missouri - St. Louis; University of Nebraska; University of Virginia; Emory University; National University of Singapore, University of Arizona; Universidade Nova de Lisboa.

Member, Programme Committee, Fifth Annual Congress of the European Economic Association, Lisboa, August 31-September 2, 1990
Member, Programme Committee, 23rd EARIE Conference, September 7 - 10, 1996, Vienna
Member, EARIE Executive Committee, September 1998-
Vice President, Industrial Organization Society, 1999; President, 2000-2001

Referee: Empirica, International Economic Review, International Journal of Industrial Organization, Journal of Economic Behavior and Organization, Journal of Economic Dynamics and Control, Journal of Agricultural & Food Industrial Organization, Journal of Economics Education, Journal of Economics & Management Strategy, Journal of Industrial Economics, Journal of International Economics, Journal of Political Economy, Review of Economics and Statistics, Review of Economic Studies, Review of Industrial Organization, Scottish Journal of Political Economy, Quarterly Review of Economics and Business.

Managing editor, International Journal of Industrial Organization , September 1996-December 2004.
Co-editor, Studies in Mathematical and Managerial Economics, North-Holland, 1988-1995.
Associate editor, Review of Industrial Organization , 1988-.
Associate editor, Most: Economic Journal on Eastern Europe and the Soviet Union , 1993-1996. Member, Editorial Board, Journal of Industry, Competition and Trade, May 2010-

Advisory Board Member, American Antitrust Institute, September 2005-present.

Member, UNCTAD competition policy Research Partnership Platform (RPP), June 2013-present.

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