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Ralph Siebert

Professor of Economics Academic Director of Economics Master's

Ralph Siebert

Phone: (765) 49-43401
Office: KCTR 233

Ph.D., Economics, Humboldt University (Berlin)
M.A., Economics, Humboldt University (Berlin)
B.A., Business and Economics, Free University, (Berlin)

Professional Bio

Professor Siebert joined the Krannert School of Management (Econ Dept) at Purdue University in January 2004. He is also an Adjunct Visiting Associate Professor at the University of Chicago (Booth School of Business). Professor Siebert is also the Director of Econ Master's program at Purdue.

Professor Siebert is highly recognized scholar with more than 50 publications, and more than 750 citations. He published in various top economics and general interest journals. He also serves as a co-editor for the Journal of Economics and Management Strategy.

Professor Siebert is working in the areas of: Industrial Organization (theoretical and empirical), Health Economics, Innovation, Applied Microeconometrics, Applied Econometrics, Business and Economics, Microeconomics, Operations Management, Law and Economics, Urban and Real Estate Economics, Experimental Economics.

Professor Siebert has taught courses in several residential programs (including PhD courses, MBA courses, Executive courses, MS courses) at several prestigous places. He also taught several online classes.

Professor Siebert's research studies primarily focus on the following topics: 
Antirust and Competition Policy: Licensing, Market Power, Mergers, Pricing, Research Joint Ventures
Auctions: Experiments and Structural Estimation
Dynamic Oligopoly Models: Evolution of Market Structure, Firms' and Market Dynamics, Optimal Pricing
Health and Pharmaceutical Markets: Biotech, Drug Pricing, Licensing and Mergers, Obesity, R&D in Pharmaceuticals
Real Estate/Housing Market: Foreclosure, Imperfect Information on Price and Quality, Price Discrimination
Innovation: Product- and Process Innovation, Patenting, New Product Introduction, Adoption of New Technologies
Product Market Competition: Multiproduct Competition, Network Effects, Optimal Pricing, Product Differentiation

Most of his research is grounded in the interface between applied theory and empirical testing, i.e., structural modeling, while other studies relate to reduced-form regressions and applied theory. The large majority of his empirical work builds on theory that provides insights into counterfactuals, as well as underlying effects that drive the results.

Professor Siebert's research studies investigate the competitiveness of firms and market performance accounting for dynamic strategic interactions between firms. His work frequently focuses on policy-relevant topics to provide insights for antitrust and competition policy. One of the main methodological characteristics of his research is that it often goes beyond a static evaluation approach and emphasizes firm and industry dynamics. He devotes special attention to the interlink between technology and product market competition. 

Professor Siebert was a (Visiting) Associate Professor at the University of Chicago, Harvard University, Yale University, University of Toronto, Ludwig Maximilians University (Munich, Germany), Center for Economic Studies (Munich, Germany), Social Science Research Institute (WZB, Germany), European School of Management and Technology (Berlin, Germany), and Humboldt-University (Berlin, Germany).

Professor Siebert received several awards such as the Faculty Service Award. He the Young Scholar Award from Purdue University (Krannert School of Management) and he won the European Young Economist Award in two consecutive years. He also received awards as a distinguished teacher every year from 2005 onwards. 

Professor Siebert's work experience in companies, include:
(i) Alfred Teves (Manufacturer, Auto Parts Supplier)
(ii) Mercedes Benz (Manufacturer, Automobiles)
(iii) Obi (Retailer)
(iv) Volkswagen (Manufacturer, Automobiles)