Faculty : Stanley S. Reynolds

	SRP Professor of Technology, Public Policy and Markets & Vice Dean
	Industrial Organization, Energy Economics, and Experimental Economics
	Phone:	520.621.6251
	Fax:	520.621.8450
	Email:	reynolds@eller.arizona.edu
	Website:	http://www.u.arizona.edu/~sreynold/
	Office:	McClelland Hall, Room 417L

Current Research

Professor Reynolds' current research is in three main areas. First, he is continuing to work on a long-standing research program that examines the dynamics of oligopoly pricing and capacity investment decisions. A second line of research examines electricity restructuring issues and the regulation of energy markets. A third area of research examines organization and performance of online auction markets.

Recent Research Papers

• "Supply Function Equilibria with Pivotal Electricity Suppliers", with Talat Genc, March 2004.
• "Auctions with a Buy Price", with John Wooders, forthcoming in Economic Theory.
• "Dynamic Oligopolistic Games Under Uncertainty: A Stochastic Programming Approach", with Talat Genc and Suvrajeet Sen, Journal of Economic Dynamics and Control, January 2007.
• "Market Power and Price Movements over the Business Cycle", with Bart J. Wilson, Journal of Industrial Economics, June 2005.
• "Bounded Rationality in Laboratory Bargaining with Asymmetric Information" with Timothy N. Cason, Economic Theory, April 2005 .

Other Selected Publications

• "Durable Goods Monopoly: Laboratory Market and Bargaining Experiments," RAND Journal of Economics, Summer 2000.
• "Bertrand-Edgeworth Competition, Demand Uncertainty, and Asymmetric Outcomes", with Bart J. Wilson, Journal of Economic Theory, May 2000.
• "Bertrand-Edgeworth Competition in Experimental Markets," with Jamie Kruse, Stephen Rassenti and Vernon L. Smith, Econometrica, 1994.
• "Cotenancy and Competition in an Experimental Auction Market for Natural Gas Pipeline Networks", with Stephen Rassenti and Vernon L. Smith, Economic Theory, 4, 1994. "
• "Dynamic Oligopoly with Capacity Adjustment Costs", Journal of Economic Dynamics and Control, 1991.
• "Appropriability and Market Structure in a Stochastic Invention Model," with R. Mark Isaac, Quarterly Journal of Economics, 1988.
• "Capacity Investment, Preemption and Commitment in an Infinite Horizon Model," International Economic Review, 1987.