Stanley S. Reynolds
Eller Professor of Economics
- Ph.D., Northwestern University, 1983
Current Courses
- ECON 578, Energy, the Environment, and Business Strategy
- ECON 696P, Industrial Organization & Regulation I
Research Interests
- Industrial Organization
- Energy and Environmental Economics
- Experimental Economics
Current Research
Professor Reynolds' current research is in two 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. The second line of research examines electricity restructuring issues, the regulation of energy markets, and integration of renewable enegry into the electric grid.
Recent Research Papers
- "Intermittency and the Value of Renewable Energy," with Gautam Gowrisankaran and Mario Samano, NBER Working Paper No. 17086, May 2011.
- "Pivotal Suppliers and Market Power in Experimental Supply Function Competition," with Jordi Brandts and Arthur Schram, January 2011.
- “Supply Function Equilibria with Pivotal Suppliers," with Talat Genc, International Journal of Industrial Organization, July 2011
- “Auctions with a Buy Price,” with John Wooders, Economic Theory, January 2009.
- “Dynamic Oligopolistic Games Under Uncertainty: A Stochastic Programming Approach,” with Talat Genc and Suvrajeet Sen, Journal of Economic Dynamics and Control, January 2007.
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.
- “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.



