Patrick Scholten

Research interest focuses on the organization and behaviors of firms in online retail markets. More general research and teaching interests include industrial organization, managerial economics, applied game theory and applied econometrics. Professor Scholten's research has appeared in the Journal of Industrial Economics, Journal of Public Policy and Marketing and Advances in Applied Microeconomics. In addition, he has co-authored several managerial case studies that appear in the Instructor's Manual to Accompany Managerial Economics and Business Strategy, 4th.

Education

• Ph.D. Indiana University
• M.A. Indiana University
• B.A. Michigan State University

Teaching Interests

Industrial Organization; The Economics of E-commerce; General Microeconomics; Applied Econometrics; Business Statistics

Research Interests

Industrial Organization; The Economics of E-commerce; Applied Game Theory; Applied Econometrics; Public Policy; Finance/Derivative Markets

Consulting/Practice Interests

Statistical Analysis with Python; Strategic Industry/Firm Behavior; Pricing in Internet Markets; Statistical Analysis of Market Data

Awards and Honors

• 2013, 2013 NBES Best Paper Award, National Business and Economic Society/Costa Rican Conference
• 2008, Grant from the Net Institute in conjunction with the Kauffman Foundation., Networks, Electronic Commerce and Telecommunication ("NET") Institute
• 2005, 2004 Best Article Price, Journal of Industrial Economics, 2005. Award given to the best published paper in 2004.
• 2003, Fred and Judy Witney Scholarship Award, Indiana University, 2003 Award given to recognize outsanding scholarship by and Indiana University graduate student.

Publications

Journal Articles

• Deichmann, J. I., Grubaugh, S. G., Scholten, P. A. (2022). FDI Propensity and Geo-Cultural Interaction in Former Yugoslavia: Pairwise Analysis of Origin and Destination Countries. Eurasian Economic Review. March 1-31. (Link)
• Livingston, J. A., Scholten, P. A. (2019). The Effect of ID Verification in Online Auctions: Evidence from a Field Experiment. Review of Industrial Organization, (54) 3 595-615. (Link)
• Alexander, M. M., Kirschner, C., Scholten, P. A., Yates, D. J. (2018). Health Privacy and (Lack Of) Legal Protections in a Technology-Driven Economy. North Carolina Journal of Law & Technology, (19) 1
• Scholten, P. A., Ortmeyer, D. L., Livingston, J. A., Wong, W. (2013). A hedonic approach to testing for indirect network effects in the LCD television market. Applied Economics Letters, (20) 1 76-79. (Link)
• Kamis, A., Haughton, D. M., Gulley, O. D., Scholten, P. A. (2010). A Structural Equation Model of Gambling in the United Kingdom. International Journal of Statistics & Economics, (5) A10
• Scholten, P. A., Livingston, J. A., Chen, S. (2009). Do Countercyclical-Weekend Effects Persist in Online Retail Markets?. Electronic Commerce Research and Applications, (8) 4
• Haughton, D. M., Kamis, A., Scholten, P. A. (2006). A Review of three directed acyclic graphs software packages: MIM, Tetrad, and Win Mine. The American Statistician, (60) 3 272-286.
• Baye, M. R., Morgan, J., Scholten, P. A. (2004). Temporal Price Dispersion: Evidence from Shopper.com. Journal of Interactive Marketing, (18) 4 101-115.
• Chen, J., Scholten, P. A. (2003). Price Dispersion, Product Characteristics, and Firms' Behaviors: Stylized Facts from Shopper.com. Advances in Applied Microeconomics.
• Baye, M. R., Morgan, J., Scholten, P. A. (2003). The Value of Information in an Online Consumer Electronics Market. Journal of Public Policy and Marketing, (22) 1 17-25.
• Baye, M. R., Morgan, J., Scholten, P. A. (). Price Dispersion in the Small and in the Large: Evidence from an Internet Price Comparison Site. Journal of Industrial Economics, (LII) 4 463-496.

Book Chapters

• Baye, M. R., Morgan, J., Scholten, P. A. (2006). Information, Search and Price Dispersion In Hendershott, Terry, (Eds.) Handbook on Economics and Information. 323-375. New York: Elsevier Forthcoming.
• Baye, M. R., Morgan, J., Scholten, P. A. (2006). Persistent Price Dispersion in Online Markets In Jansen, Dennis, (Eds.) . 122-143. Northampton, MA: Edward Elgar
• Scholten, P. A., Smith, S. A. (2002). Price Dispersion Then and Now: Evidence from Retail and E-tail Markets In Baye, Michael R, (Eds.) . 63-88. Oxford: Elsevier Science