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University of Chicago


Board Member: Compass Lexecon

Co-Editor: Journal for Law and Economics

Advisory Board: Economics Research Network

Advisory Board of Antitrust and Regulation Abstracts: Social Science Research Network

Professor of Economics: University of Chicago, Booth School of Business
Chicago, Illinois


Dennis W. Carlton has published more than 80 articles and two books, including one of the leading textbooks in industrial organization. He is also the coeditor of the Journal of Law and Economics. From 2006 to 2008, he served as the Deputy Assistant Attorney General for Economic Analysis at the U.S. Department of Justice. He is the recipient of a number of awards, including a John Harvard Award in 1970, a National Science Foundation Fellowship from 1972 to 1975, and the 1977 P.W.S. Andrews Memorial Prize Essay for the best essay in the field of industrial organization by a scholar under the age of 30, and the 2008 Robert F Lanzillotti prize for the best essay in antitrust economics.

In 2004 he gave the keynote address to the International Competition Network in Mexico. He has served as an advisor on antitrust matters to the Department of Justice, the Federal Trade Commission, and to private clients. He has served as a commissioner on the Antitrust Modernization Commission, a congressional committee investigating the antitrust laws.

Dennis is on the Editorial Board of Competiton Policy International.


Market Behavior Under Uncertainty, Ph.D. Thesis, Massachusetts Institute of Technology (September 1975); Garland Publishing (1984).

Modern Industrial Organization, Scott, Foresman & Co., co-authored with Jeffrey Perloff, first edition (1990), (Chapter 17 of first edition reprinted as “The Economics of Information” for the University of Connecticut, Food Marketing Policy Center (1989)), second edition (1994), translated into Chinese, French, Hungarian and Italian; Addison Wesley Longman, third edition (2000), fourth edition (2005), translated into Chinese (2009).


Ph.D. - Economics, MASSACHUSETTS INSTITUTE OF TECHNOLOGY, Cambridge, Massachusetts, 1975.

M.S. - Operations Research, MASSACHUSETTS INSTITUTE OF TECHNOLOGY, Cambridge, Massachusetts, 1974.

B.A. - Applied Math and Economics, HARVARD UNIVERSITY (Summa cum laude), 1972.

Competition Policy and Regulation in Credit Card Markets: Insights from Single-sided Market Analysis
Identifying Benchmarks for Applying Non-Discrimination in FRAND
Brantley Versus NBC Universal: Where’s the Beef?
How Economics Can Improve Antitrust Doctrine towards Tie-In Sales: Comment on Jean Tirole's "The Analysis of Tying Cases"
Competition, Monopoly and Aftermarkets
Does Antitrust Need to be Modernized?
Antitrust and Regulation
Market Definition: Use and Abuse
Economic Analysis of Competition Practices in the EU and the U.S.: A View from Chief Economists
Proposal for a Market-Based Solution to Airport Delays
Extraction vs. Extension: The Basis for Formulating Antitrust Policy Towards Single-Firm Conduct
Why We Need to Measure the Effect of Merger Policy and How to Do It
Introduction to Stigler’s Theory of Oligopoly
Use and Misuse of Empirical Methods in the Economics of Antitrust
Use and Misuse of Empirical Methods in the Economics of Antitrust, II