.:Bio:.

Prior to joining the Olin School, MacDonald was professor of economics and management at the W. E. Simon School of Business, University of Rochester, and professor of economics at the University of Western Ontario. He has worked with many companies, including Bausch & Lomb, Carrier, Chase Manhattan Bank, Citibank, Corning, Eastman Kodak, Emerson, Harris Corporation, General Motors, IBM, Litton Industries, Monsanto, Rochester Gas and Electric, Frontier Communications, Xerox and Xerox's PARC.

Education

Ph.D. (Economics) 1979, University of Rochester
M.A. (Economics) 1978, University of Rochester
Honors B.A. (Economics and Mathematics, Summa Cum Laude) 1975, York University

Areas of Expertise

Industry evolution, business strategy, incentives and compensation, investor protection, and innovation

Research interests

Industry dynamics, industrial organization, technological change, economic growth and fluctuations, and applications of game theory, including advertising, compensation policy, strategy, and value appropriation.

Academic/professional activities

Referee: Journal of Political Economy, Econometrica, American Economic Review, Review of Economic Studies, Journal of Economic Theory, Journal of Financial Economics, Journal of Accounting and Economics, Journal of Business, Bell Journal of Economics, Rand Journal of Economics, Review of Economic Dynamics, Journal of Monetary Economics, Journal of Economic Dynamics and Control, Canadian Journal of Economics, Journal of Economic Education, Australian Economic Record, Economic Record, Economic Inquiry, Journal of Human Resources, Economica, National Science Foundation, Journal of Economics and Management Strategy, International Journal of Industrial Organization, Journal of Macroeconomics, Social Sciences and Humanities Research Council of Canada

Editor: Journal of Labor Economics, 1992-2001; Associate Editor, 1982-1992

Editor: Special Issue, Journal of Accounting and Economics, 1995

Awards/honors

Beta Gamma Sigma