Fiona Scott Morton
Theodore Nierenberg Professor of EconomicsCards
Additional Titles
Professor, Health Policy & Management
Contact Info
About
Titles
Theodore Nierenberg Professor of Economics
Professor, Health Policy & Management
Biography
Fiona M. Scott Morton is the Theodore Nierenberg Professor of Economics at the Yale University School of Management where she has been on the faculty since 1999. Her area of academic research is empirical industrial organization, with a focus on empirical studies of competition in areas such as pricing, entry, and product differentiation. Her published articles range widely across industries, from magazines, to shipping, to pharmaceuticals, to internet retailing, and are published in leading economics journals. From 2011-12 Professor Scott Morton served as the Deputy Assistant Attorney General for Economics at the Antitrust Division of the U.S. Department of Justice, where she helped enforce the nation’s antitrust laws. At Yale SOM she teaches courses in the area of competitive strategy.
Appointments
School of Management
ProfessorPrimaryEconomics
ProfessorSecondaryHealth Policy & Management
ProfessorSecondaryInstitution for Social and Policy Studies
ProfessorSecondarySchool of Law
Professor AdjunctSecondary
Other Departments & Organizations
Research
Research at a Glance
Publications Timeline
Publications
2023
Enforcing the Digital Markets Act: institutional choices, compliance, and antitrust
Crémer J, Dinielli D, Heidhues P, Kimmelman G, Monti G, Podszun R, Schnitzer M, Scott Morton F, de Streel A. Enforcing the Digital Markets Act: institutional choices, compliance, and antitrust. Journal Of Antitrust Enforcement 2023 DOI: 10.1093/jaenfo/jnad004.Peer-Reviewed Original ResearchCitationsConceptsDigital Markets ActMarkets ActCompliance reportsNational competition authoritiesArticle 102Enforcement powersCompetition authoritiesAntitrust casesInstitutional choiceEconomic reasoningEuropean CommissionActsCommissionUseful reportsInternal organizationTFEUAuthoritiesCompliancePrinciplesReasoningArticleGatekeepersCasesOrganizationPower
2022
How Market Power Affects Dynamic Pricing: Evidence from Inventory Fluctuations at Car Dealerships
Israeli A, Scott-Morton F, Silva-Risso J, Zettelmeyer F. How Market Power Affects Dynamic Pricing: Evidence from Inventory Fluctuations at Car Dealerships. Management Science 2022, 68: 895-916. DOI: 10.1287/mnsc.2021.3967.Peer-Reviewed Original ResearchCitationsConceptsMarket powerTransaction pricesCeteris paribusDynamic pricingProfit marginInventory fluctuationsInventory shortageInventory levelHigher market powerLow market powerPresence of inventoriesScarcity rentsJuanjuan ZhangRetail industryCar dealershipsSelling areaAutomotive dealershipsPricesAverage carDealershipsDealersPricingShort supplyFirmsRents
2021
Evaluating the Evidence on Vertical Mergers
Beck M, Scott Morton F. Evaluating the Evidence on Vertical Mergers. Review Of Industrial Organization 2021, 59: 273-302. DOI: 10.1007/s11151-021-09832-z.Peer-Reviewed Original ResearchCitationsAltmetric
2020
Surprise! Out-of-Network Billing for Emergency Care in the United States
Cooper Z, Scott Morton F, Shekita N. Surprise! Out-of-Network Billing for Emergency Care in the United States. Journal Of Political Economy 2020, 128: 3626-3677. DOI: 10.1086/708819.Peer-Reviewed Original ResearchCitationsAltmetric
2018
The Impact of the Entry of Biosimilars: Evidence from Europe
Scott Morton F, Stern A, Stern S. The Impact of the Entry of Biosimilars: Evidence from Europe. Review Of Industrial Organization 2018, 53: 173-210. DOI: 10.1007/s11151-018-9630-3.Peer-Reviewed Original ResearchCitationsAltmetricConceptsOngoing policy discussionsU.S. drug marketEntry of biosimilarsBiosimilar entryMarket featuresBiosimilar penetrationBiosimilar competitionEuropean marketPolicy discussionsPublic policyOwn surveyPricesMarketDrug marketShareCompetitionPolicySignificant heterogeneityEntryCountriesInstitutionsEuropeGenericsImpactHeterogeneityLove or Money? The Effects of Owner Motivation in the California Wine Industry
Scott Morton F, Podolny J. Love or Money? The Effects of Owner Motivation in the California Wine Industry. World Scientific Handbook In Financial Economics Series 2018, 2: 353-379. DOI: 10.1142/9789813232754_0015.Peer-Reviewed Original Research
2016
Patent Assertions: Are We Any Closer to Aligning Reward to Contribution?
Scott Morton F, Shapiro C. Patent Assertions: Are We Any Closer to Aligning Reward to Contribution? Innovation Policy And The Economy 2016, 16: 89-133. DOI: 10.1086/684987.Peer-Reviewed Original ResearchCitationsAltmetric
2015
Market size and pharmaceutical innovation
Dubois P, de Mouzon O, Scott‐Morton F, Seabright P. Market size and pharmaceutical innovation. The RAND Journal Of Economics 2015, 46: 844-871. DOI: 10.1111/1756-2171.12113.Peer-Reviewed Original ResearchCitationsAltmetric
2011
What matters in a price negotiation: Evidence from the U.S. auto retailing industry
Scott Morton F, Silva-Risso J, Zettelmeyer F. What matters in a price negotiation: Evidence from the U.S. auto retailing industry. Quantitative Marketing And Economics 2011, 9: 365-402. DOI: 10.1007/s11129-011-9108-1.Peer-Reviewed Original ResearchCitationsAltmetricConceptsSearch costsReservation priceBargaining outcomesSeller's reservation priceBuyer search costsReal-world negotiationsUninformed consumersReal marketsLittle empirical workPrice negotiationsEmpirical workRetailing industryIncomplete informationNew carsDisutilityConsumersSearch behaviorNegotiation outcomesExperimental literatureNegotiationsCostSignificant effectPricesMarketBuyers
2004
The Strategic Positioning of Store Brands in Retailer–Manufacturer Negotiations
Scott Morton F, Zettelmeyer F. The Strategic Positioning of Store Brands in Retailer–Manufacturer Negotiations. Review Of Industrial Organization 2004, 24: 161-194. DOI: 10.1023/b:reio.0000033350.25229.d6.Peer-Reviewed Original ResearchCitationsAltmetric
News & Links
News
- July 25, 2017Source: The New York Times
The Company Behind Many Surprise Emergency Room Bills
- July 24, 2017
The price of medical emergencies: Study examines out-of-network billing
- November 28, 2016Source: Yale Daily News
Yale economists highlight frequency of surprise ER bills
- November 28, 2016Source: 41 NBC News at Daybreak - WMGT-TV
41 NBC News at Daybreak featuring )ut of Network Charges for Emergency Room Visits
Related Links