Professor Shaffer teaches the course on pricing policies to full-time and part-time M.B.A. students. He has been named to the Teaching Honor Roll numerous times and was awarded the Superior Teaching Award from the M.B.A. classes of 2001 and 2004. Shaffer’s research employs game-theoretic methods to examine issues in pricing policies, antitrust and regulation, distribution channels, vertical restraints, principal-agent theory, and oligopoly models of strategic competition. He has received research grants from the U.S. National Science Foundation, the Social Science Research Council (U.S.A.) and the Social Research Council (U.K.).
Shaffer’s work has appeared in the American Economic Review; Economic Journal; the RAND Journal of Economics; Journal of Economics and Management Strategy; Journal of Law and Economics; Journal of Law, Economics and Organization; Journal of Industrial Economics; International Journal of Industrial Organization; Advances in Economics and Public Policy; Advances in Applied Microeconomics; Marketing Science; and Management Science. He received Emerald Management Review’sCitation of Excellence Award as the author of one of the top 50 management articles of 2002.
Shaffer is an area editor of Marketing Science, a co-editor of the Journal of Economics and Management Strategy and an associate editor of the Journal of Economics and Business. He has been involved in numerous consulting projects and antitrust cases in the U.S. and abroad related to issues on pricing and vertical relations among firms, and he has served as a visiting scholar in the two U.S. government antitrust agencies: the Antitrust Division of the U.S. Department of Justice and the Bureau of Economics at the U.S. Federal Trade Commission. Shaffer participated in the writing of the 2001 Federal Trade Commission’s report on slotting allowances (payments for retail shelf space), and he has twice given invited testimony on their competitive effects, serving on a three-member panel investigating this practice at the Hearings on Global and Innovation Based Competition (1995) and again at the Federal Trade Commission’s sponsored workshop on slotting allowances (2000).
Prior to joining the Simon School in 1997, Shaffer taught in the economics departments at Indiana University (Bloomington, Ind.) and the University of Michigan (Ann Arbor, Mich.). He has held an appointment at Princeton University’s Woodrow Wilson School, and he has been a visiting scholar in the marketing department at Northwestern University’s Kellogg School of Management.
In addition to his teaching and research duties at the Simon School, he is a research associate with the Centre for Competition Policy at the School of Management, University of East Anglia (Norwich, U.K.).
In addition, Shaffer is the director of the Center for Pricing at the Simon School.
B.A. (high honors), Economics and Mathematics,
Swarthmore College
M.A., Economics,
Princeton University
Ph.D., Economics,
Princeton University
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