Matthew T. Clements
Education
Northwestern University, Ph.D., Managerial Economics and Decision Sciences, 2000. Dissertation: Indirect Network Effects: The Hardware-Software Paradigm. Advisor: James D. Dana, Jr.
University of Washington, M.A., Economics, 1995.
Harvard University, A.B. with honors, Applied Mathematics, 1991.
Academic and Professional Experience
Chair, Finance and Economics Department, St. Edward’s University, August 2016-present.
Associate Professor with tenure, Finance and Economics Department, St. Edward’s University, August 2013-present.
Associate Professor, Economics Department, St. Edward’s University, August 2011-
August 2013.
Chair, Economics Department, St. Edward’s University, May 2011-August 2013 (at which time the department was merged with finance).
Assistant Professor, Economics Department, St. Edward’s University, August 2008-
August 2011.
Lecturer, Economics Department, University of Texas at Austin, August 2005-August 2008.
Visiting Assistant Professor, Economics Department, University of Texas at Austin, August 2003-July 2005.
Assistant Professor, Strategy and Business Economics Division, Sauder School of Business, University of British Columbia, July 2000-June 2004 (leave of absence July 2003-June 2004).
Lecturer, Managerial Economics and Decision Sciences, Kellogg Graduate School of Management, Northwestern University, September 1997-August 2000.
Actuarial Assistant, Safeco Life Insurance Company, Redmond, WA, January-August 1993.
Actuarial Assistant, The Prudential Insurance Company of America, Newark, NJ, June 1991-December 1992.
Research Interests
Industrial organization; asymmetric information and uncertainty; behavioral economics; heterodox economics; law and economics; the economics of networks and high-technology markets.
Publications
PDFs available on Research page
Clements, Matthew T., “Public versus Private Information Provision,” Economic Papers, 33 (2014), 391-399.
Clements, Matthew T., “Shock and Awe: the Effects of Disinformation in Military Confrontation,” Policy Studies, 35 (2014), 211-220.
Clements, Matthew T., “Self-interest vs. Greed and the Limitations of the Invisible Hand,” American Journal of Economics and Sociology, 72 (2013), 949-965.
Clements, Matthew T., “Curbing the Dangers of High-Frequency Trading,” Economists’ Voice, 9 (2012), Art. 3.
Clements, Matthew T., “Low Quality as a Signal of High Quality,” Economics, 5 (2011), Art. 5.
Clements, Matthew T., “Market Intervention, for Better or for Worse: Gasoline Taxes and Agricultural Subsidies,” Perspectives in Business, 6 (2009), 27-33.
Basso, Leonardo J., Matthew T. Clements, and Thomas W. Ross, “Moral Hazard and Customer Loyalty Programs,” American Economic Journal: Microeconomics, 1 (2009), 101-23.
Clements, Matthew T., and Hiroshi Ohashi, “Indirect Network Effects and the Product Cycle: Video Games in the U.S., 1994-2002,” Journal of Industrial Economics, 53 (2005), 515-542.
Clements, Matthew T., “Inefficient Standard Adoption: Inertia and Momentum Revisited,” Economic Inquiry, 43 (2005), 507-518.
Clements, Matthew T., “Direct and Indirect Network Effects: Are They Equivalent?” International Journal of Industrial Organization, 22 (2004), 633-645.
Clements, Matthew T., “Precautionary Incentives for Privately Informed Victims,” International Review of Law and Economics, 23 (2003), 237-251.
Clements, Matthew T., “System Components, Network Effects, and Bundling,” Topics in Economic Analysis and Policy, 2 (2002), Iss. 1, Art. 7.
Working Papers
“Scientific Consensus: The Process and its Implication for the Masses”
“Consensus: A Comparative Study”
“Misperceptions of Risk and Insurance” (with Leslie Blanke and Hilal Yilmaz)
“Ideologically Motivated Reasoning and Polarization”
“Subjectivity in Economics”
“Standards Wars and Product Differentiation”
Conference Presentations
American Association of Behavioral and Social Sciences, Las Vegas, February 2016.
American Association of Behavioral and Social Sciences, Las Vegas, February 2015.
Association for Public Policy Analysis and Management, Washington DC, November 2013.
Southern Economics Association, New Orleans, November 2012.
National Social Science Association, Las Vegas, April 2012.
International Academy of Business and Economics, Las Vegas, October 2010.
Southern Economic Association, San Antonio, November 2009.
International Industrial Organization Conference, Chicago, April 2004.
Econometric Society, Evanston, IL, June 2003.
American Economic Association, Washington D.C., January 2003.
European Association for Research in Industrial Economics, Madrid, September 2002.
Workshop on the Economics of Information and Network Industries, Kiel Institute for World Economics, August 2002.
European Association for Research in Industrial Economics, Dublin, September 2001.
Canadian Economic Association, Montreal, June 2001.
Invited Presentations
University of Washington-Bothell, Business Program, January 2006.
Texas A&M University, Economics Department, October 2004.
Baylor University, Economics Department, November 2003.
Oregon State University, Economics Department, May 2002.
University of Washington, Economics Department, October 2001.
University of Calgary, Economics Department, September 2001.
Vassar College, Economics Department, February 2000.
University of Florida, Marketing Department, January 2000.
Carnegie-Mellon University, Heinz School of Public Policy, January 2000.
Refereeing Activity
American Economic Review.
B.E. Journals in Economic Analysis and Policy.
Economic Modelling.
Empirical Economics.
IMA Journal of Management Mathematics.
Information Economics and Policy.
International Journal of Industrial Organization.
International Review of Law and Economics.
Journal of Economic Behavior and Organization.
Journal of Economics and Business.
Journal of Economics and Management Strategy.
Journal of Industrial Economics.
Management Science.
Review of Industrial Organization.
Honors, Awards, and Certificates
Presidential Excellence Grant, St. Edward’s University, 2015.
Presidential Excellence Grant, St. Edward’s University, 2013.
Presidential Excellence Grant, St. Edward’s University, 2010.
Presidential Excellence Grant, St. Edward’s University, 2009.
NET Institute Research Grant (with Hiroshi Ohashi), 2004.
Faculty Certificate on Teaching and Learning in Higher Education, University of British Columbia, 2002.
Doctoral Teaching Award, Kellogg Graduate School of Management, 1998-1999.
