Glenn Ellison

Department of Economics, MIT, 50 Memorial Drive, Cambridge, MA 02142-1347

Phone: (617) 253-8702 Fax: (617) 253-1330 E-mail: gellison@mit.edu

EDUCATION

 Ph.D., Massachusetts Institute of Technology, Economics, 1992. Dissertation: Strategic Interactions in Large Populations.

 M .Phil., Cambridge University, Economics, 1988.

 A.B., Harvard College, summa cum laude in Mathematics, 1987.

EMPLOYMENT

Massachusetts Institute of Technology, Professor of Economics, 1997-present; Associate Head 2000-2001. Ford Career Development Associate Professor of Economics, 1994-1997. Current research interests include theoretical and empirical topics in game theory and industrial organization; in particular, learning, large population and spatial models, e-commerce, mutual funds, pharmaceuticals, network externalities, the location of industries, and standards for academic publishing.

 Harvard University, Assistant Professor of Economics, 1992 - 1994.

 Charles River Associates, Senior Associate, 1989; Associate, 1988 - 1989.

PROFESSIONAL ACTIVITIES AND AWARDS

Editor, Econometrica, 2000 - 2003.

Editor, Rand Journal of Economics, 1995 - 1999.

National Bureau of Economic Research, Research Associate, 1997 - present; Faculty Research Fellow, 1994 - 1997.

Member, Institute for Advanced Study, 2003 - 2004.

Fellow, Econometric Society, 2000

Fellow, Center for Advanced Studies in the Behavioral Sciences, 1999 - 2000.

Alfred P. Sloan Research Fellowship, 1996 - 2000.

Principal Investigator, National Science Foundation Research Grant, 2002 - 2005. Title: "ITR: Industrial Organization of Internet Industries"

Principal Investigator, National Science Foundation Research Grant, 1999 - 2002. Title: "Studies of Dynamic Phenomena in Industrial Organization"

Principal Investigator, National Science Foundation Research Grant, 1996 - 1999. Title: "Studies of Learning and Industrial Organization."

Principal Investigator, National Science Foundation Research Grant, 1993 - 1996. Title: "Models of Learning in Economics."

Sloan Foundation Doctoral Dissertation Fellowship, 1991 - 1992.

John L. Loeb Winston Churchill Scholarship, 1987 - 1988.

Wister Prize in Mathematics, 1987.

PUBLICATIONS

"Competing Auctions," (with Drew Fudenberg and Markus Möbius), Journal of the European Economic Association, forthcoming, 2004.

"Knife Edge or Plateau: When Do Market Models Tip?," (with Drew Fudenberg), Quarterly Journal of Economics 118 (4), 1249-1278, 2003.

"The Slowdown of the Economics Publishing Process," Journal of Political Economy 110 (5), 947-993, 2002.

"Evolving Standards for Academic Publishing: A q-r Theory," Journal of Political Economy 110 (5), 994-1034, 2002.

 "Geographic Concentration as a Dynamic Process," (with Guy Dumais and Edward L. Glaeser) Review of Economics and Statistics 84 (2), 193-204, 2002.

 "The Neo-Luddite's Lament: Excessive Upgrades in the Software Industry," (with Drew Fudenberg), RAND Journal of Economics 31 (2), 253-272, 2000.

 "Learning Purified Mixed Equilibria," (with Drew Fudenberg) Journal of Economic Theory 90 (1), 84-115, 2000.

 "A Simple Framework for Nonparametric Specification Testing," (with Sara Fisher Ellison), Journal of Econometrics 96 (1), 1-23, 2000.

 "Basins of Attraction, Long Run Equilibria, and the Speed of Step-by-Step Evolution," Review of Economic Studies, 67 (1), 17-45, 2000.

 "Are Some Mutual Funds Better than Others? Cross-sectional Patterns in Behavior and Performance," (with Judith Chevalier) Journal of Finance 54 (3), 875-899, 1999.

 "Career Concerns of Mutual Fund Managers," (with Judith Chevalier) Quarterly Journal of Economics 114 (2), 389-432, 1999.

 "The Geographic Concentration of Industry: Does Natural Advantage Explain Agglomeration?" (with Edward L. Glaeser) American Economic Review Papers and Proceedings 89 (2), 311-316, 1999.

 "Risk Taking by Mutual Funds as a Response to Incentives," (with Judith Chevalier) Journal of Political Economy 105 (6), 1167-1200, 1997. Reprinted in Paul Joskow and Michael Waterson, ed.Empirical Industrial Organization. Edwin Elgar, forthcoming.

 "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," (with Edward L. Glaeser) Journal of Political Economy 105 (5), 889-927, 1997. Reprinted in Innovation, Evolutoin of Industry, and Economic Growth. Edwin Elgar, 355-393, 2000. Reprinted in John Cantwell, ed. Globalization and the Location of Firms. Edwin Elgar, forthcoming.

 "Learning from Personal Experience: One Rational Guy and the Justification of Myopia," Games and Economic Behavior 19, 180-210, 1997.

 "Word of Mouth Communication and Social Learning," (with Drew Fudenberg) Quarterly Journal of Economics 110 (1), 93-125, 1995.

 "Cooperation in the Prisoner's Dilemma with Anonymous Random Matching," Review of Economic Studies 61 (3), 567-588, 1994.

 "Theories of Cartel Stability and the Joint Executive Committee," RAND Journal of Economics 25 (1), 37-57, 1994. Reprinted in Paul Joskow and Michael Waterson, ed.Empirical Industrial Organization. Edwin Elgar, forthcoming.

 "Rules of Thumb for Social Learning," (with Drew Fudenberg) Journal of Political Economy 101 (4), 612-643, 1993.

 "Learning, Local Interaction and Coordination," Econometrica 61 (5), 1047-1071, 1993. Reprinted in Recent Developments in Game Theory. Edwin Elgar, 59-83, 1999

 "The Finite-Sample Properties of Cointegration Estimators with Applications to Testing," (with Stephen Satchell) in P. C. B. Phillips, ed. Models, Methods, and Application of Econometrics. Essays in Honor of A. R. Bergstrom. Basil Blackwell, 176-198, 1993.

 Solutions to Exercises in 'Game Theory by Drew Fudenberg and Jean Tirole', MIT Press, 1991, l99pp.

WORKING PAPERS

"Tax Sensitivity and Home State Preferences in Internet Purchasing," (with Sara Fisher Ellison), January 2003, 21 pp.

"A Model of Add-on Pricing," August 2002, 43 pp.

"Search, Obfuscation, and Price Elasticities on the Internet," (with Sara Fisher Ellison), June 2001, 28 pp.

"Strategic Entry Deterrence and the Behavior of Pharmaceutical Incumbents Prior to Patent Expiration," (with Sara Fisher Ellison), April 2000, 47 pp.

TEACHING

Teaching experience includes graduate-level courses in introductory game theory, advanced game theory, industrial organization and antitrust and regulation, and an undergraduate course in e-commerce.

MIT Graduate Economics Association Teacher of the Year Award, 1996, 1997, 2003.

MIT GEA Teaching Award, 1999.

Primary or secondary advisor to the following Ph.D. students:

11/10/2003