Curriculum Vitae - Karen Clay


Education

Ph.D. Economics, Stanford University, January 1994.

B.A. Economics with Highest Honors, University of Virginia, May 1988.

Research Interests

Economic History, Law and Economics, Demography

Employment

Visiting Scholar, Stanford Law School, September 2008-June 2009.

Associate Professor of Economics and Public Policy, Heinz School of Public Policy and Management, Carnegie Mellon University, July 2008 to present.

Assistant Professor of Economics and Public Policy, Heinz School of Public Policy and Management, Carnegie Mellon University, December 1999 to June 2008.

Visiting Assistant Professor, Heinz School of Public Policy and Management, Carnegie Mellon University, September 1998 to December 1999.

Assistant Professor of Economics, Department of Economics, University of Toronto, January 1994 to June 1999.

Visiting Assistant Professor, Graduate School of Industrial Administration, Carnegie Mellon University, September 1997 to August 1998.

Visiting Associate, Division of Humanities and Social Sciences, California Institute of Technology, Fall 1996.

Publications

Migrating to Riches? Evidence from the California Gold Rush  (with Randy Jones). Forthcoming, December 2008 in Journal of Economic History.

The Effect of Judicial Independence on Courts:  Evidence from the American States (with Dan Berkowitz), Journal of Legal Studies, v35, n2 (June 2006): 399-440

American Civil Law Origins: Implications for State Constitutions (with Dan Berkowitz), American Law and Economics Review, v7, n1 (Spring 2005): 62-84

Order Without Law?  Property Rights During the California Gold Rush (with Gavin Wright) Explorations in Economic History, v42, n2 (April 2005): 155-183

Bigger may not be Better: An Empirical Analysis of Optimal Membership Rules in Peer to Peer Networks (with Atip Asvunund, Ramayya Krishnan, and Michael Smith) Information Systems Research, v.15, n2 (2004): 155-174.

Designing a Better Shopbot (with Alan Montgomery, Kartik Hosanager, and Ramayya Krishnan), Management Science, v50, n2 (February 2004): 189-206.

Further Tests of Static Oligopoly Models: Whiskey, 1882-1898 with Werner Troesken, Journal of Industrial Economics, v51, n2 (June 2003): 151-166.

Strategic Behavior in Whiskey Distilling, 1887-1895 with Werner Troesken, Journal of Economic History, v62, n4 (December 2002): 999-1023.

Institutional Barriers to Electronic Commerce: An Historical Perspective with Robert Strauss, Advances in Strategic Management, v19 (2002):247-273.

Retail Strategies on the Web: Price and Non-Price Competition in the Online Book Industry with Ramayya Krishnan, Eric Wolff, and Danny Fernnades, Journal of Industrial Economics, v50, n3 (September 2002): 351-67.

Prices and Price Dispersion on the Web: Evidence from the Online Book Industry with Ramayya Krishnan and Eric Wolff, Journal of Industrial Economics, v49, n4 (December 2001): 521-39.

Trust, Risk and Electronic Commerce: Nineteenth Century Lessons for the Twenty-First Century with Robert Strauss, State Tax Notes (Reprinted from the Proceedings of the National Tax Association), December 25, 2000.

The Choice-Within-Constraints New Institutionalism and Implications for Sociology, with Paul Ingram, Annual Review of Sociology, v 26 (2000): 525-546.

Squatting and the Settlement of the United States:  New Evidence from Post-Gold Rush California, with Werner Troesken, Advances in Agricultural Economic History, v1 (2000): 207-33.

Property Rights and Institutions:  Congress and the California Land Act of 1851Journal of Economic History, v59, n1 (March 1999): 122-42.

Trade, Institutions, and Credit:  Contract Enforcement on the California Coast, 1830-1846Explorations in Economic History, v34, n4 (October 1997): 495-521.

Trade Without Law:  Private-Order Institutions in Mexican CaliforniaJournal of Law, Economics, and Organization, v13, n1 (April 1997): 202-31.

A Coasean General Equilibrium Model of RegulationJournal of Public Economics, v53, n3 (March 1994): 459-75.

Ex Post vs. Ex Ante Pricing:  Optional Calling Plans and Tapered Tariffs, with David Sibley and Padmanabhan Srinagesh, Journal of Regulatory Economics, v4, n2 (June 1992): 115-38. To be reprinted in The Economics of Public Utilities, edited by Ray Rees, Edward Elgar.

Refereed Book Chapters

The Great Experiment: Pricing on the Internet with Ramayya Krishnan and Michael D. Smith. Handbook of Electronic Commerce in Business and Society. Lowry, Cherrington, and Watson, eds. New York: CRC Press, 2002.

The Collision of Ranchos and Politics: Los Angeles-Area Land Claims under the California Land Act with Werner Troesken. Land of Sunshine: Toward an Environmental History of Los Angeles. Edited by Bill Deverell and Greg Hise. Pittsburgh: University of Pittsburgh Press, Forthcoming.

Trade, Institutions, and Law: The Experience of Mexican California. California and the Pacific Rim: Past, Present, Future. Edited by Sally M. Miller and A. J. H. Latham. New York: Routledge, 1998.

Refereed Conference Proceedings

Trust, Risk and Electronic Commerce: Nineteenth Century Lessons for the Twenty-First Century with Robert Strauss. Proceedings of the National Tax Association, Santa Fe, 2000.

Pricing Strategies on the Web: Evidence from the Online Book Industry with Ramayya Krishnan et al. Proceedings of the ACM Conference on Electronic Commerce, Minneapolis, 2000.

Online Bookseller Strategies: An Empirical Analysis with Ramayya Krishnan et al., Proceedings of the Second International Conference on Telecommunications and Electronic Commerce, Nashville, 1999.

Land Tenure Contracts in Post-Gold Rush California. Proceedings, Twelfth International Economic History Congress (Session B2: Land, Labour, and Tenure), Madrid, 1998.

Notes, Introductions, Encyclopedia Entries

Gold Rushes entry in History of World Trade since 1450. Macmillan, 2005.

James Buchanan Duke and San Francisco entries in Oxford Encyclopedia of Economic History. New York, Oxford University Press, 2002.

Introduction to Section 2: Trade and Colonial Economies. The Other Side of the Frontier: Economic Explorations into Native American History. Edited by Linda Barrington. New York: Westview Press, 1998.

Book Reviewss

Communications Policy in Transition: The Internet and Beyond, by Benjamin M. Compaine and Shane Greenstein (eds), Journal of Economic Literature, v41, n2 (June 2003): 608-609.

The Internet Economy: Access, Taxes, and Market Structure by Alan E. Wiseman, Journal of Economic Literature, v40, n3 (September 2002): 955-956.

Cultivating California: Growers, Specialty Crops, and Labor, 1875-1920 by D. Vaught. Journal of Economic History, v60, n4 (December 2000): 1160.

Treasure from the Painted Hills: A History of Calico, California, 1882-1907 by D. Steeples, Journal of Economic History, v60, n2 (June 2000): 579-580.

Working Papers

Tariff Choice with Experience Goods: Sorting-Induced Biases and Illusive Surplus (with Ron Goettler), Revise and Resubmit, Rand Journal of Economics

Insurance without Kin? Private-Order Institutions in Gold Rush California (with Mercy Chang)

Property Rights and Agricultural Production

Lead, Mortality, and Productivity.  Earlier version: Lead Pipes and Child Mortality (with Werner Troesken and Michael Haines), NBER Working Paper #12603

Natural Resources and Economic Outcomes

Work in Progress

Judicial Independence and Minority Interests (with Dan Berkowitz and Chris Bonneau)

Climate and Mortality: Evidence from the Early Twentieth Century United States (with Werner Troesken)

Were School Attendance Laws Effective and for Whom? Evidence from the Early Twentieth Century United States (with Jeff Lingwall and Mel Stephens)

Book Manuscript

Initial Conditions and the Evolution of Institutions: Evidence from the American States (with Daniel Berkowitz). Under contract with Princeton University Press.

Research Awards

Migrating to Riches? Using the Census to Shed New Light on the California Gold Rush Berkman 2006 Faculty Development Grant.

Patent Litigation in the Rapid Prototyping Industry: The Effect on World Markets (with Chris Forman), Carnegie Bosch Institute, 2003 Faculty Development Grant

International Arbitrage in Online Textbook Markets, 2003 Amazon Cy Pres Grant

Pricing and Price Competition in the Internet Retail Sector: Books and DVDs, 2002 Berkman Faculty Development Grant.

International Pricing of Commodity Goods: Online Books, Carnegie Bosch Institute, 2000 Faculty Development Grant

Co-PI, Community Connections: Fostering Democratic Participation through Information Technology, Hewlett Foundation Grant 2000.

Social Science and Humanities Research Council of Canada Standard Research Grant, 1995-1999.

W. M. Keck Foundation and John Randolph and Dora Haynes Foundation Fellow, Huntington Library, 1996.

Polanyi Prize in Economics, 1995. This research-based prize is awarded annually to one outstanding junior faculty member at an Ontario university.

John Randolph and Dora Haynes Foundation Fellow, Huntington Library, 1993, 1994.

Lynde and Harry Bradley Fellowship, Stanford University, 1993.

Leonard P. Cassidy Summer Fellowship, Institute for Humane Studies, George Mason University, 1992.

Summer Research Fellowship, John M. Olin Program in Law and Economics, Stanford Law School, 1989, 1990, 1991, 1992.

John M. Olin Fellowship, Stanford University, 1992.

Fellow, Stanford Center on Conflict and Negotiation, 1992.

Economics Departmental Fellowship, Stanford University, 1992.

National Science Foundation Fellowship, 1988-1991.

Program Committee

Cliometrics Conference, Toronto, May 1997

ACM Conference on Electronic Commerce, Minneapolis, October 2000.

3rd -5th ZEW Conferences on the Economics of Information and Communication Technologies, July 2003-5.

Referee for the Following Journals and Granting Agencies

American Economic Review, Berkeley Journal of Economic Theory, Canadian Journal of Economics, Economic Inquiry, The Economic Journal, Explorations in Economic History, International Finance, Information Systems Research, International Journal of Industrial Organization, International Journal of the Economics of Business, Journal of Comparative Economics, Journal of Economic History, Journal of Economic Theory, Journal of Historical Geography, Journal of Industrial Economics, Journal of Information Technology and Management, Journal of International Economics, Journal of the Japanese and International Economies, Journal of Law and Economics, Journal of Law, Economics, and Organizations, Journal of Legal Studies, Journal of Public Policy and Marketing, Management Science, Rand Journal of Economics, Research in Economic History, Review of Economic Studies, Social Science History, Sociological Forum

National Science Foundation, Social Science and Humanities Research Council of Canada, Industry Canada, Hong Kong Research Grants Council, Economic and Social Research Council (United Kingdom), Austrian Science Foundation

 

 

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