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Tracy R. Lewis, Walter M. Upchurch, Jr. Distinguished Professor of Business Administration

Tracy R. Lewis

Tracy Lewis is Professor of Economics at the Fuqua School of Business at Duke University, where he holds the Black Chair in Economics. Professor Lewis founded the Innovation Center at the University. Prior to joining the Duke University Faculty in 2003, he served on the faculties at the University of Florida, at the California Institute of Technology, the University of British Columbia, and the University of California, Davis. Aside from academic employment, he has also held positions at the Federal Trade Commission. From 1992-1994 he was special economic advisor to Commissioner Dennis Yao. In 1980 he was a Brookings Fellow assigned to the FTC’s Bureau of Economics where he analyzed mergers and investigated anti competitive practices for the Commission.

Professor Lewis’ current areas of research and expertise include antitrust regulation, environmental and natural resource economics, industrial organization, innovation and intellectual property protection . He has published numerous articles and books covering a range of economic issues including incentive contracting, industrial organization theory, and regulation. In addition to his research activities, he is co-editor of the Journal of Law Economics and Organization, and a member of the editorial board of the American Economic Review.

Contact Info:
Office Location:  100 Fuqua Drive, Box 90120, Durham, NC 27708
Office Phone:  (919) 660-7983
Email Address: send me a message
Web Page:


Ph.D.University of California - San Diego1975
B.A.University of California - San Diego1970

Microeconomic Theory
Industrial Organization
Research Interests:

Professor Lewis specializes in the study of industrial organization and contracting theory. He has received funding from a number of grants throughout his career, including those awarded by the National Science Foundation, the Center for the Study of the Service Economy, the Canada Council, the Veteran’s Administration, and others. He has been publishing his research findings and ideas in a number of books and academic journals since 1976. Some of his earliest published papers include the titles, “Monopoly Exploitation of an Exhaustible Resource,” “The Exhaustion and Depletion of Natural Resources,” and “Energy vs. the Environment.” His more recent projects include, “Managing Dynamic Competition” and “Regulating an Innovating Monopolist,” both written in collaboration with Duke colleague Huseyin Yildrim, and also “Bargaining when Exchange Affects the Value of Future Trade” with Charles Hadlock. His most widely known work is perhaps the “Brander-Lewis model of oligopolistic competition,” which he co-authored with James A. Brander and published in 1986. Along with his independent research, Professor Lewis has also been an Economic Advisor for the National Research Council at the Academy of Sciences and a research associate for the CIRANO Research Foundation at the University of Montreal.

Curriculum Vitae  Bio
Recent Publications   (More Publications)

  1. Huntingford, S; Lewis, TR, Our lives, the messy PAR projects, Educational Action Research, vol. 30 no. 1 (January, 2022), pp. 124-139 [doi]  [abs]
  2. Lewis, T; Schwartz, A, Unenforceable securitization contracts, Yale Journal on Regulation, vol. 37 no. 1 (December, 2020), pp. 164-218  [abs]
  3. Liu, F; Lewis, TR; Song, JS; Kuribko, N, Long-term partnership for achieving efficient capacity allocation, Operations Research, vol. 67 no. 4 (January, 2019), pp. 984-1001 [doi]  [abs]
  4. Lewis, TR; Sappington, DM, Procurement and quality monitoring, in Incentives in Procurement Contracting (January, 2019), pp. 61-76, ISBN 0813385660  [abs]
  5. Chen, Q; Lewis, TR; Schipper, K; Zhang, Y, Uniform Versus Discretionary Regimes in Reporting Information with Unverifiable Precision and a Coordination Role, Journal of Accounting Research, vol. 55 no. 1 (March, 2017), pp. 153-196, WILEY [doi]  [abs]

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