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David R. Schmidt

Assistant Director

Bureau, Office or Division

Applied Research and Outreach

Email Address

dschmidt@ftc.gov

Selected Publications

"Any Willing Provider and Negotiated Retail Pharmaceutical Prices," with Daniel Hosken and Matthew Weinberg, Journal of Industrial Economics, 2020.
"Merger in the Pharmacy Benefit Management Industry: The Express Scripts Acquisition of Medco," with Francine Lafontaine, Christopher Metcalf, and Brett Wendling, The Antitrust Revolution: Economics, Competition, and Policy, 2018.
"Economics at the FTC: Fraud, Mergers and Exclusion," with D. J. Balan, P. Degraba, F. Lafontaine, P. McAlvanah, and D. Raval, Review of Industrial Organization, 2015.
"Economics at the FTC: Office Supply Retailers Redux, Healthcare Quality Efficiencies Analysis, and Litigation of an Alleged Get-Rich-Quick Scheme," with K. Brand, M. Gaynor, P. McAlvanah, and E. Schneirov, Review of Industrial Organization, 2014.
"Resource allocation contests: Experimental evidence," with Sheremeta R. Shupp and J. Walker, Journal of Economic Psychology, 2013.
"Difference-in-differences Analysis In Antitrust: A Cautionary Note" with John Simpson, Antitrust Law Review, 2008.
"Playing Safe in Coordination Games: The Role of Risk Dominance, Payoff Dominance, Social History, and Reputation," with Robert Shupp, Elinor Ostrom, and James Walker, Games and Economic Behavior, 2003.
"Dilemma Games: Game Parameters and Matching Protocols," with T.K. Ahn, Elinor Ostrom, Robert Shupp, and James Walker, Journal of Economic Behavior and Organization, 2001.
"Cooperation in PD Games: Fear, Greed, and History of Play," with T.K. Ahn, Elinor Ostrom, Robert Shupp, and James Walker, Public Choice, 2001.
"Cumbersome Coordination in Repeated Games," with Horst Raff, International Journal of Game Theory, 2000.
"Price Dynamics in Overlapping Generations Environments," with Charalambos Aliprantis, Economic Theory, 1993.

Selected Reports

Authorized Generic Drugs: Short-Term Effects and Long-Term Impact: A Report of the Federal Trade Commission

Authorized Generics: An Interim Report of the Federal Trade Commission

Pharmacy Benefit Managers: Ownership of Mail-Order Pharmacies: A Federal Trade Commission Report

Education

California Institute of Technology

PhD Economics

1993

Indiana University

BA Economics and Mathematics

1989

Fields of Interest

Antitrust
Game Theory
Healthcare Economics

Professional Experience

Assistant Director
Federal Trade Commission
2008-present

Economist
Federal Trade Commission
2001-2008

Assistant Professor
Indiana University - Department of Economics
1993-2001

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