Lanier Benkard

Professor, Economics
+1 (650) 725-2173
CV

Lanier Benkard

The Gregor G. Peterson Professor and Professor of Economics

Business School Trust Faculty Fellow for 2023-2024
Academic Area:

Research Statement

Professor Benkard’s research is in the areas of industrial organization, applied microeconomics, and econometrics. His research involves applying microeconomic and game theoretic models to the study of individual markets. His recent work has focused on empirical applications of dynamic oligopoly, and he has recently studied the commercial aircraft and personal computer industries.

Bio

C. Lanier Benkard is The Gregor G. Peterson Professor and Professor of Economics at Stanford Graduate School of Business, where he teaches courses in industrial organization and econometrics. Before coming to Stanford in 1998, he received his PhD in Economics from Yale University (1998). He has also been a visiting scholar at the Federal Reserve Bank of San Francisco (2005-06) and the University of California at Berkeley (2006).

Professor Benkard’s research is in the areas of empirical industrial organization (IO), applied microeconomics, and econometrics, and concentrates on applying microeconomic and game theoretic models to the study of individual markets. His recent work has focused on developing methods that allow us to analyze IO models empirically. This includes theoretical work on how to estimate demand systems and dynamic oligopoly models, as well as empirical work that uses these techniques to analyze different industries. The recent empirical work includes studies of learning by doing in the commercial aircraft industry, and studies of the demand for personal computers, and of airline mergers.

Professor Benkard is a faculty research fellow at the National Bureau of Economic Research and is a member of the American Economic Association and the Econometric Society, and has organized conferences for numerous other professional organizations, including the EEA, INFORMS, NBER, SCE, and SITE.

At Stanford, Benkard teaches a course on applied statistics and decision theory in the first year MBA core, as well as PhD courses in Econometrics and Industrial Organization. He also advises PhD students, and several of his former students are now faculty at leading economics departments and business schools.

Academic Degrees

  • PhD in Economics, Yale University, 1998
  • MPhil in Economics, Yale University, 1996
  • MA in Economics, University of Toronto, 1991
  • BSc in Economics & Math, University of Toronto, 1990

Academic Appointments

  • At Stanford since 1998.
  • Professor of Economics, Yale University, 2009–11

Awards and Honors

  • Graduate School of Business Trust Faculty Fellow, 2016–17
  • James & Doris McNamara Faculty Fellow, 2014–15

Publications

Journal Articles

Lanier Benkard, Przemyslaw Jeziorski, Gabriel Weintraub
The RAND Journal of Economics
October 2015 Vol. 46 Issue 4 Pages 671–708
Gabriel Weintraub, Lanier Benkard, Ben Van Roy
Journal of Economic Theory
September 2011 Vol. 146 Issue 5 Pages 1965–1994
Gabriel Weintraub, Lanier Benkard, Benjamin Van Roy
Operations Research
June 3, 2010 Vol. 58 Issue 4 Pages 1247–1265
Gabriel Weintraub, Lanier Benkard, Ben Van Roy
Econometrica
November 2008 Vol. 76 Issue 6 Pages 1375–1411
Patrick Bajari, Lanier Benkard, Jonathan Levin
Econometrica
September 2007 Vol. 75 Issue 5 Pages 1331–1370
Lanier Benkard
Review of Economic Studies
2004 Vol. 71 Issue 3 Pages 581-611
Lanier Benkard
American Economic Review
2000 Vol. 90 Issue 4 Pages 1034-1054

Working Papers

Lanier Benkard, Aaron Bodoh-Creed, John Lazarev April 2014

Service to the Profession

  • Research Associate, NBER, 2009-present
  • Associate Editor, RAND Journal of Economics, 2006-present

Insights by Stanford Business

April 01, 2004
A new study concludes that the losses buyers incur are offset in the larger economy by the gains accrued by sellers.

School News

March 10, 2023
A core course for first-year MBA students takes the mystery out of regression analysis.
May 14, 2019
Meet three graduates of an innovative Stanford GSB program designed to create a path for women and minorities in business academia.