Curtis R. Taylor
Professor of Economics
Taylor's primary research interest is microeconomic theory with emphasis on the areas of Industrial Organization, Political Economy, and the Theory of Contracts. He has worked on a variety of topics such as: the optimal design of research contests, the causes and timing of market crashes, and consumer privacy. Professor Taylor's research has been supported by grants from the National
Science Foundation, the U.S. Department of Agriculture, and the Texas Higher Education
Coordinating Board, among others.
He served as an associate editor for the American Economic Review from 1995 to 2001, and is currently on the editorial boards of the RAND Journal of Economics, the Journal of Industrial Organization, the BE Journal of Theoretical Economics, and the BE Journal of Economic Analysis and Policy.
He served as an associate editor for the American Economic Review from 1995 to 2001, and is currently on the editorial boards of the RAND Journal of Economics, the Journal of Industrial Organization, the BE Journal of Theoretical Economics, and the BE Journal of Economic Analysis and Policy.
Current Appointments & Affiliations
- Professor of Economics, Economics, Trinity College of Arts & Sciences 2000
Contact Information
- 315 Social Sciences, Durham, NC 27708
- Box 90097, Durham, NC 27708-0097
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crtaylor@econ.duke.edu
(919) 660-1800
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Personal Website
- Background
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Education, Training, & Certifications
- Ph.D., Yale University 1992
- B.A., University of Washington 1986
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Previous Appointments & Affiliations
- Director of Graduate Studies of Economics, Economics, Trinity College of Arts & Sciences 2011 - 2018
- Visiting Professor, Economics, Trinity College of Arts & Sciences 2000
- Recognition
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In the News
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AUG 31, 2015 TWC News -
AUG 30, 2015 TWC News
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Awards & Honors
- Distinguished Alumnus Award. University of Washington - Department of Economics. 2011
- Sloan Research Fellowship-Economics. Alfred P. Sloan Foundation. 1996
- National Fellow. Stanford University - The Hoover Institution. 1995
- Research Fellow. Texas A&M University - Private Enterprise Research Center. 1994
- Expertise
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Global Scholarship
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Expertise
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- Research
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Selected Grants
- Collaborative Research: Monotone Methods in Dynamic Screening Contracts awarded by National Science Foundation 2011 - 2015
- Privacy and Information Acquisition in Competitive Markets awarded by National Science Foundation 2004 - 2008
- Consumer Profiles, Consumer Privacy, and the Information Marketplace awarded by National Science Foundation 2002 - 2004
- Markets with Imperfect Information Transmission awarded by National Science Foundation 2000 - 2001
- Publications & Artistic Works
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Selected Publications
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Academic Articles
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Häfner, S., and C. R. Taylor. “On young Turks and yes men: optimal contracting for advice.” Rand Journal of Economics 53, no. 1 (March 1, 2022): 63–94. https://doi.org/10.1111/1756-2171.12400.Full Text
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Jacobs, J. A., A. M. Kolb, and C. R. Taylor. “Communities, Co-ops, and Clubs: Social Capital and Incentives in Large Collective Organizations.” American Economic Journal: Microeconomics 13, no. 3 (January 1, 2021): 29–69. https://doi.org/10.1257/mic.20180359.Full Text
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Green, B., and C. R. Taylor. “Breakthroughs, deadlines, and self-reported progress: Contracting for multistage projects.” American Economic Review 106, no. 12 (December 1, 2016): 3660–99. https://doi.org/10.1257/aer.20151181.Full Text
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Acquisti, A., C. Taylor, and L. Wagman. “The economics of privacy.” Journal of Economic Literature 54, no. 2 (June 1, 2016): 442–92. https://doi.org/10.1257/jel.54.2.442.Full Text
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Chavez, H., C. R. Taylor, and R. Rodríguez-Kábana. “Population dynamics and interactions between plant parasitic and non-parasitic nematodes: An empirical analysis.” Applied Soil Ecology 78 (June 1, 2014): 11–17. https://doi.org/10.1016/j.apsoil.2014.02.002.Full Text
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Moss, D. L., and C. R. Taylor. “Short ends of the stick: The plight of growers and consumers in concentrated agricultural supply chains.” Wisconsin Law Review 2014, no. 2 (January 1, 2014): 337–68.
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Taylor, C., and L. Wagman. “Consumer privacy in oligopolistic markets: Winners, losers, and welfare.” International Journal of Industrial Organization 34, no. 1 (January 1, 2014): 80–84. https://doi.org/10.1016/j.ijindorg.2014.02.010.Full Text
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Krishna, R Vijay, Giuseppe Lopomo, and Curtis R. Taylor. “Stairway to heaven or highway to hell: Liquidity, sweat equity, and the uncertain path to ownership.” Rand Journal of Economics 44, no. 1 (March 2013): 104–27.
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Burke, J. M., C. R. Taylor, and L. Wagman. “Information acquisition in competitive markets: An application to the US mortgage market.” American Economic Journal: Microeconomics 4, no. 4 (December 1, 2012): 65–106. https://doi.org/10.1257/mic.4.4.65.Full Text
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Conitzer, V., C. R. Taylor, and L. Wagman. “Hide and seek: Costly consumer privacy in a market with repeat purchases.” Marketing Science 31, no. 2 (March 1, 2012): 277–92. https://doi.org/10.1287/mksc.1110.0691.Full Text
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Taylor, C. R., and H. Yildirim. “Subjective performance and the value of blind evaluation.” Review of Economic Studies 78, no. 2 (April 1, 2011): 762–94. https://doi.org/10.1093/restud/rdq005.Full Text
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Taylor, C. R., and H. Yildirim. “Public information and electoral bias.” Games and Economic Behavior 68, no. 1 (January 1, 2010): 353–75. https://doi.org/10.1016/j.geb.2009.06.007.Full Text
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Taylor, C. R., and H. Yildirim. “A unified analysis of rational voting with private values and group-specific costs.” Games and Economic Behavior 70, no. 2 (January 1, 2010): 457–71. https://doi.org/10.1016/j.geb.2010.02.008.Full Text
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Conitzer, Vincent, Curtis R. Taylor, and Liad Wagman. “Who Benefits from Online Privacy?,” August 15, 2009.Open Access Copy
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Burke, J., and C. R. Taylor. “What's in a poll? Incentives for truthful reporting in pre-election opinion surveys.” Public Choice 137, no. 1–2 (October 1, 2008): 221–44. https://doi.org/10.1007/s11127-008-9322-x.Full Text
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Loginova, Oksana, and Curtis R. Taylor. “Price Experimentation with Strategic Buyers.” Review of Economic Design 12, no. 3 (June 1, 2008): 165–87.
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Burton, D. M., H. A. Love, G. Ozertan, and C. R. Taylor. “Property rights protection of biotechnology innovations.” Journal of Economics and Management Strategy 14, no. 4 (December 1, 2005): 779–812. https://doi.org/10.1111/j.1530-9134.2005.00083.x.Full Text
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Taylor, C. R. “Consumer privacy and the market for customer information.” Rand Journal of Economics 35, no. 4 (January 1, 2004): 631–50. https://doi.org/10.2307/1593765.Full Text Open Access Copy
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Taylor, C. R., and Oksana Loginova. “"Price Experimentation when Consumers Are Strategic" (In preparation).” Journal of Economic Theory, 2004.
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Taylor, Curtis R. “Privacy in Competitive Markets,” June 2003.
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Taylor, C. R. “Supplier surfing: Competition and consumer behavior in subscription markets.” Rand Journal of Economics 34, no. 2 (January 1, 2003): 223–46. https://doi.org/10.2307/1593715.Full Text Open Access Copy
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Taylor, Curtis R. “Private Demands and Demands For Privacy: Dynamic Pricing and the Market for Customer Information,” March 2002.
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Rupp, N. G., and C. R. Taylor. “Who initiates recalls and who cares? Evidence from the automobile industry.” Journal of Industrial Economics 50, no. 2 (January 1, 2002): 123–49. https://doi.org/10.1111/1467-6451.00171.Full Text
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Jeitschko, T. D., and C. R. Taylor. “Local discouragement and global collapse: A theory of coordination avalanches.” American Economic Review 91, no. 1 (January 1, 2001): 208–24. https://doi.org/10.1257/aer.91.1.208.Full Text Open Access Copy
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Taylor, C. R. “Indirect damages from price fixing: The Alabama lysine case.” Review of Industrial Organization 18, no. 1 (January 1, 2001): 33–43. https://doi.org/10.1023/A:1026518028305.Full Text
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Taylor, C. R. “The old-boy network and the young-gun effect.” International Economic Review 41, no. 4 (January 1, 2000): 871–91. https://doi.org/10.1111/1468-2354.00088.Full Text
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Taylor, C. R., and R. Rodríguez-Kábana. “Optimal rotation of peanuts and cotton to manage soil-borne organisms.” Agricultural Systems 61, no. 1 (July 1, 1999): 57–68. https://doi.org/10.1016/S0308-521X(99)00034-7.Full Text
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Taylor, C. R., and R. Rodríguez-Kábana. “Population dynamics and crop yield effects of nematodes and white mold in peanuts, cotton and velvet beans.” Agricultural Systems 59, no. 2 (February 1, 1999): 177–91. https://doi.org/10.1016/S0308-521X(98)00089-4.Full Text
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Taylor, C. R. “Time-on-the-market as a sign of quality.” Review of Economic Studies 66, no. 3 (January 1, 1999): 555–78. https://doi.org/10.1111/1467-937X.00098.Full Text
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Taylor, C. R., and S. N. Wiggins. “Competition or Compensation: Supplier Incentives under the American and Japanese Subcontracting Systems.” American Economic Review 87, no. 4 (September 1, 1997): 598–618.Open Access Copy
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Taylor, C. R. “The long side of the market and the short end of the stick: Bargaining power and price formation in buyers’, sellers’, and balanced markets.” Quarterly Journal of Economics 110, no. 3 (January 1, 1995): 837–55. https://doi.org/10.2307/2946701.Full Text Open Access Copy
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Duffy, P. A., C. R. Taylor, D. L. Cain, and G. J. Young. “The economic value of farm program base.” Land Economics 70, no. 3 (January 1, 1994): 318–29. https://doi.org/10.2307/3146532.Full Text
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Novak, F. S., G. W. Armstrong, C. R. Taylor, and L. Bauer. “An analysis of alternative cropping decision rules.” Agricultural Systems 46, no. 1 (January 1, 1994): 19–31. https://doi.org/10.1016/0308-521X(94)90167-E.Full Text
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Taylor, C. R. “Delivery-contingent contracts for research.” Journal of Law, Economics, and Organization 9, no. 1 (April 1, 1993): 188–203.
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Penson, J. B., and C. R. Taylor. “United States agriculture and the general economy: Modeling their interface.” Agricultural Systems 39, no. 1 (January 1, 1992): 33–66. https://doi.org/10.1016/0308-521X(92)90004-8.Full Text
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Taylor, C. R., and F. S. Novak. “Optimal Flex Cropping and Storage of Spring Wheat under a Progressive Income Tax.” Canadian Journal of Agricultural Economics/Revue Canadienne D’Agroeconomie 40, no. 3 (January 1, 1992): 369–84. https://doi.org/10.1111/j.1744-7976.1992.tb03702.x.Full Text
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Tronstad, R., and C. R. Taylor. “Dynamically optimal after-tax grain storage, cash grain sale, and hedging strategies.” American Journal of Agricultural Economics 73, no. 1 (January 1, 1991): 75–88. https://doi.org/10.2307/1242885.Full Text
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Taylor, C. R. “Two practical procedures for estimating multivariate nonnormal probability density functions.” American Journal of Agricultural Economics 72, no. 1 (January 1, 1990): 210–17. https://doi.org/10.2307/1243160.Full Text
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Novak, F. S., G. D. Schnitkey, and C. R. Taylor. “Intertemporal Portfolio Choices: An Application to Agriculture.” Canadian Journal of Agricultural Economics/Revue Canadienne D’Agroeconomie 37, no. 4 (January 1, 1989): 1091–1091. https://doi.org/10.1111/j.1744-7976.1989.tb00821.x.Full Text
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Taylor, C. R. “Stochastic dynamic duality: Theory and empirical applicability.” American Journal of Agricultural Economics 66, no. 3 (January 1, 1984): 351–57. https://doi.org/10.2307/1240802.Full Text
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Taylor, C. R., and O. R. Burt. “Near-Optimal Management Strategies for Controlling Wild Oats in Spring Wheat.” American Journal of Agricultural Economics 66, no. 1 (January 1, 1984): 50–60. https://doi.org/10.2307/1240615.Full Text
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Collins, G. S., and C. R. Taylor. “TECHSIM: a regional field crop and national livestock econometric simulation model.” Agricultural Economics Research 35, no. 2 (December 1, 1983): 1–18.
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Taylor, C. R., G. A. Carlson, F. T. Cooke, K. H. Reichelderfer, and I. R. Starbird. “Aggregate economic effects of alternative boll weevil management strategies.” Agricultural Economics Research 35, no. 2 (January 1, 1983): 19–28.
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Taylor, C. R. “The Nature of Benefits and Costs of Use of Pest Control Methods.” American Journal of Agricultural Economics 62, no. 5 (January 1, 1980): 1014–15. https://doi.org/10.2307/1240302.Full Text
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Taylor, C. R., and H. Talpaz. “Approximately optimal carryover levels for wheat in the United States.” American Journal of Agricultural Economics 61, no. 1 (January 1, 1979): 32–40. https://doi.org/10.2307/1239497.Full Text
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Taylor, C. R. “A production function model for aggregate time-series data.” American Journal of Agricultural Economics 57, no. 1 (January 1, 1975): 122–23. https://doi.org/10.2307/1238850.Full Text
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Taylor, C. R. “A regional market for rights to use fertilizer as a means of achieving water quality standards.” Journal of Environmental Economics and Management 2, no. 1 (January 1, 1975): 7–17. https://doi.org/10.1016/0095-0696(75)90017-0.Full Text
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Taylor, C. R., and J. C. Headley. “Insecticide resistance and the evaluation of control strategies for an insect population.” The Canadian Entomologist 107, no. 3 (January 1, 1975): 237–42. https://doi.org/10.4039/Ent107237-3.Full Text
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Scholarly Editions
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Boleslavsky, R., D. L. Kelly, and C. R. Taylor. “Selloffs, bailouts, and feedback: Can asset markets inform policy?,” May 1, 2017. https://doi.org/10.1016/j.jet.2017.02.009.Full Text
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Taylor, Curtis R., Vincent Conitzer, and Liad Wagman. “Online Privacy and Price Discrimination,” July 2010.
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Taylor, Curtis R., and Huseyin Yildirim. “Re-examining Voter Turnout in Large Elections,” May 2005.
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Conference Papers
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Taylor, C. R. “The role of risk versus the role of uncertainty in economic systems.” In Agricultural Systems, 75:251–64, 2003. https://doi.org/10.1016/S0308-521X(02)00068-9.Full Text
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- Teaching & Mentoring
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Recent Courses
- ECON 705D: Microeconomic Analysis II 2023
- ECON 955S: Research Seminar in Economics Theory 2023
- ECON 205D: Intermediate Microeconomics II 2022
- ECON 701D: Microeconomic Analysis I 2022
- ECON 705D: Microeconomic Analysis II 2022
- ECON 955S: Research Seminar in Economics Theory 2022
- ECON 205D: Intermediate Microeconomics II 2021
- ECON 701D: Microeconomic Analysis I 2021
- ECON 705D: Microeconomic Analysis II 2021
- ECON 955S: Research Seminar in Economics Theory 2021
- Scholarly, Clinical, & Service Activities
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Service to the Profession
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