Glenn MacDonald

John M. Olin Distinguished Professor of Economics and Strategy

Areas of Expertise:

Business Policy and Strategy; Diversity; Economics - Microeconomics/ Industrial Organization; Economics - Organizational Economics; Human Resource Management/Industrial Relations; Management Strategy; Negotiation; Organizational Change and Development; Technology Management

Research interests:

Industry Evolution, Strategy and Value Appropriation, Microeconomics/Industrial Organization, Investor Protection, and Compensation.

Selected Publications:

• "How do value creation and competition determine whether a firm appropriates value?" Management Science, Issue 50, 1319-1333, with M. Ryall, October 2004
• "Investor protection, optimal incentives, and economic growth," Quarterly Journal of Economics, Issue 119, 1131-1175, August 2004
• "The economics of has-beens," Journal of Political Economy, Issue 112, 289, with M. Weisbach, February 2004
• "Adverse Specialization," Journal of Political Economy, Issue 109, 864-899, with L. Marx, August 2001
• "Competitive Diffusion," Journal of Political Economy, Issue 102, 24-52, February 2004
• "The Life Cycle of a Competitive Industry," Journal of Political Economy, Issue 102, 322-47, with B. Jovanovic, 1994

Academic/professional activities:

Referee: Journal of Political Economy, Econometrica, American Economic Review, Review of Economic Studies, Journal of Economic Theory, Journal of Financial Economics, Journal of Accounting and Economics, Journal of Business, Bell Journal of Economics, Rand Journal of Economics,
National Science Foundation, Journal of Economics and Management Strategy, International Journal of Industrial Organization, Journal of Macroeconomics, Social Sciences and Humanities Research Council of Canada
Editor: Journal of Labor Economics, 1992-2001; Associate Editor, 1982-1992
Review of Economic Dynamics, Journal of Monetary Economics, Journal of Economic Dynamics and Control, Canadian Journal of Economics, Journal of Economic Education, Australian Economic Record, Economic Record, Economic Inquiry, Journal of Human Resources, Economica,
Editor: Special Issue, Journal of Accounting and Economics, 1995

Awards/honors:

Beta Gamma Sigma

Personal interests:

Glenn MacDonald is married, with two children. He enjoys music and cooking. For fun he runs and plays guitar.