Department of Economics at Tufts University, United States
Daniel J. Richards is a distinguished Professor of Economics at Tufts University with extensive experience in teaching, research, and academic leadership. His expertise spans macroeconomics, industrial organization, and competition economics. With a strong publication record in top economic journals, his work focuses on market structures, competition, advertising, and monetary policy. He has also held visiting positions at prestigious institutions like MIT, Cambridge University, and the Federal Reserve Bank of Boston.
Publication Profile
Scopus
Educational Background 🎓
- A.B. – Oberlin College
- Ph.D. – Yale University
- Dissertation: “Market Valuation and Investment in the U.S. Railroad Industry, 1953-60”
Professional Experience 💼
Research Interests 🔬
- Industrial Organization (Oligopoly, competition, market concentration)
- Macroeconomics (Inflation policy, monetary shocks, labor markets)
- Advertising & Consumer Welfare
- Innovation & Market Structure
- Monetary Policy & Economic Cycles
Awards and Honors🏆✨
While the CV does not explicitly list awards, his numerous visiting fellowships at prestigious institutions like Cambridge University, MIT, and the Federal Reserve Bank of Boston suggest strong academic recognition.
Conclusion🌟
Daniel J. Richards is a highly accomplished economist, recognized for his contributions to industrial organization, macroeconomics, and competition policy. His long-standing tenure at Tufts University, leadership experience as department chair, and numerous visiting professorships at elite institutions demonstrate his influence in the field. His research in oligopoly, targeted advertising, and market competition continues to shape economic thought, as evidenced by his prolific publication record in top-tier journals.
Publications 📚
1️⃣ (Forthcoming) 📢 “Targeted Advertising, Concentration, and Consumer Welfare” (with L. Pepall) – Information Economics and Policy, 2025.
2️⃣ (Book Chapter) 📖 “Oligopoly” (with L. Pepall) – Elgar Encyclopedia on the Economics of Competition, Regulation, and Antitrust, Edward Elgar Publishing, 2024.
3️⃣ (Lead Article) 🎯 “Value-Enhancing Targeted Advertising and Price Competition” (with L. Pepall) – Review of Industrial Organization, 59 (Nov. 2021), 443-59.
4️⃣ (Data & Competition) 📊 “Competition and Consumer Data” (with G. Norman, L. Pepall, and L. Tan) – Research in Economics, 70 (Dec. 2016), 752-65.
5️⃣ (Innovation & Patents) 🏆 “Sequential Product Innovation, Competition, and Patent Policy” (with G. Norman & L. Pepall) – Review of Industrial Organization, 48 (May 2016), 289-306.
6️⃣ (Market Structure) 🏗️ “Entrepreneurial First Movers, Brand-Name Fast Seconds, and the Evolution of Market Structure” – B.E. Journals in Economic Analysis and Policy, Vol. 8, Issue 3 (Nov. 2008).
7️⃣ (Advertising & Market Power) 📺 “Generic Product Advertising, Spillovers, and Market Concentration” (with G. Norman & L. Pepall) – American Journal of Agricultural Economics, 90 (Aug. 2008), 719-32.
8️⃣ (TV & Bidding Wars) 🎬 “Advertising and Bidding for Television Programming” (with L. Pepall) – Economics Letters, 90 (Feb. 2006), 237-242.
9️⃣ (Mergers & Consumer Welfare) 🔄 “Product Differentiation, Cost-Reducing Mergers, and Consumer Welfare” (with G. Norman & L. Pepall) – Canadian Journal of Economics, 38 (Nov. 2005), 1204-23.
🔟 (Merger Strategy) 🔥 “Mergers and Deterrence” – B.E. Journals in Economic Analysis and Policy, Vol. 3, Issue 1 (June 2003).
1️⃣1️⃣ (Upstream-Downstream Games) 🎭 “Reach for the Stars: A Strategic Upstream-Downstream Game” (with L. Pepall) – Economica, 68 (Nov. 2001), 489-504.
1️⃣2️⃣ (Innovation & Imitation) 💡 “Imitation, Innovation, and Social Welfare” (with L. Pepall) – Southern Economic Journal, 60 (Jan. 1994), 673-84.
1️⃣3️⃣ (Inflation & Politics – U.S.) 🏛️ “What Inflation Policy Do American Voters Want and, Do They Get It?” – New England Economic Review, (Sept.-Oct. 1993), 33-44.
1️⃣4️⃣ (Inflation & Politics – Canada) 🍁 “Do Canadians Want Zero Inflation? Evidence from a Model with Sophisticated Voters” – Canadian Public Policy, 18 (Dec. 1992), 33-44.
1️⃣5️⃣ (Wages & Market Power) 💰 “Wage-Price Flexibility, Market Power, and the Cyclical Behavior of Real Wages, 1959-80” (with D. Garman) – Quarterly Journal of Economics, 107 (Nov. 1992), 1437-49.