Stanley Reynolds

Eller College Vice Dean of Faculty and Research
Eller Professor of Economics


Ph.D. in Economics, Northwestern University

Areas of Expertise

  • Industrial Organization 
  • Energy and Environmental Economics
  • Experimental Economics 


ECON 437 Energy Markets and Environmental Economics
ECON 696P Industrial Organization and Regulation I

Current Research

Professor Reynolds' current research examines electricity restructuring issues, the impact of environmental policy on energy markets, and integration of renewable energy into the electric grid.

Recent Research Papers

  • “Who Should Own a Renewable Technology? Ownership Theory and an Application”, with Talat Genc, forthcoming in International Journal of Industrial Organization.
  • “Market Dynamics and Investment in the Electricity Sector” with Joseph Cullen, University of Arizona Economics Working Paper 17-05, February 2017.
  • “Price Caps, Oligopoly, and Entry,” with David Rietzke, Economic Theory, October 2018.
  • "Intermittency and the Value of Renewable Energy," with Gautam Gowrisankaran and Mario Samano, Journal of Political Economy, August 2016.

Other Selected Publications

  • "Pivotal Suppliers and Market Power in Experimental Supply Function Competition," with Jordi Brandts and Arthur Schram, Economic Journal, September 2014.
  • “The Economics of Solar Electricity”, with Erin Baker, Meredith Fowlie & Derek Lemoine, Annual Review of Resource Economics. June 2013.
  • “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.
  • “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.