Stan Liebowitz is the Ashbel Smith Professor of Managerial Economics at the University of Texas, Dallas, and the Director for the Center for the Economic Analysis of Property Rights and Innovation (CAPRI).
Professor Liebowitz is known for his work on the economic impact of new technologies. This encompasses markets with network effects, mass media, antitrust and especially intellectual property. He is one of the first economists who examined the impact of unauthorized copying on copyright owners and was the first to suggest that the impact need not be harmful due to 'indirect appropriability' and also to hypothesize the possible existence of an 'exposure effect' from copying which is now known as 'sampling'. His work on network effects and antitrust is frequently coauthored with Stephen Margolis and their book "Winners, Losers, & Microsoft" encapsulates much of their research.
His recent publications have examined the impact of filesharing on the sound recording industry, the impact radio on sound recording sales, and the role and efficiency implications of bundling. His current research looks at the impact of copyright on the price of books, the impact of the Internet on television viewing, and the likely causes of the mortgage meltdown.
B.A., Johns Hopkins University
M.A., Economics, UCLA
Ph.D., Economics, UCLA