William E. Simon School

University of Rochester



Professor of Economics & Management
and of Marketing
University of Rochester


Professor of Economics
University of East Anglia
(Norwich, UK)


 Phone: (585) 275-4497
    Fax: (585) 273-1140



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 (USA) and the Social Research Council (UK).

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’s Citation 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 was a Professor of Economics 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, Shaffer is also a part-time Professor of Economics in the School of Economics at the University of East Anglia (Norwich, UK), and a member of the Centre for Competition Policy (www.ccp.uea.ac.uk).

B.A. (high honors), Economics and Mathematics, Swarthmore College
M.A., Economics, Princeton University
Ph.D., Economics, Princeton University


William E. Simon Graduate School
University of Rochester
RC Box 270100
Rochester, NY 14627
This site created & maintained by:
Donna M. Beck
Last updated: December 11, 2007