Tracy R. Lewis

Tracy R. Lewis

Professor of Economics

External Address: 
100 Fuqua Drive, Box 90120, Durham, NC 27708
Internal Office Address: 
Box 90120, Durham, NC 27708-0097
(919) 660-7983

Tracy Lewis is Professor of Economics at the Fuqua School of Business at Duke University, where he holds the Black Chair in Economics. Professor Lewis founded the Innovation Center at the University. Prior to joining the Duke University Faculty in 2003, he served on the faculties at the University of Florida, at the California Institute of Technology, the University of British Columbia, and the University of California, Davis. Aside from academic employment, he has also held positions at the Federal Trade Commission. From 1992-1994 he was special economic advisor to Commissioner Dennis Yao. In 1980 he was a Brookings Fellow assigned to the FTC’s Bureau of Economics where he analyzed mergers and investigated anti competitive practices for the Commission.

Professor Lewis’ current areas of research and expertise include antitrust regulation, environmental and natural resource economics, industrial organization, innovation and intellectual property protection . He has published numerous articles and books covering a range of economic issues including incentive contracting, industrial organization theory, and regulation. In addition to his research activities, he is co-editor of the Journal of Law Economics and Organization, and a member of the editorial board of the American Economic Review.


  • Ph.D., University of California - San Diego 1975
  • B.A., University of California - San Diego 1970

Lewis, T., and A. Schwartz. “Unenforceable securitization contracts.” Yale Journal on Regulation 37, no. 1 (December 1, 2020): 164–218.

Liu, F., T. R. Lewis, J. S. Song, and N. Kuribko. “Long-term partnership for achieving efficient capacity allocation.” Operations Research 67, no. 4 (January 1, 2019): 984–1001. Full Text

Chen, Q., T. R. Lewis, K. Schipper, and Y. Zhang. “Uniform Versus Discretionary Regimes in Reporting Information with Unverifiable Precision and a Coordination Role.” Journal of Accounting Research 55, no. 1 (March 1, 2017): 153–96. Full Text

Boleslavsky, R., and T. R. Lewis. “Evolving influence: Mitigating extreme conflicts of interest in advisory relationships.” Games and Economic Behavior 98 (July 1, 2016): 110–34. Full Text

Lewis, T. R., and A. Schwartz. “Pay for Play: A Theory of Hybrid Relationships.” American Law and Economics Review 17, no. 2 (December 1, 2015): 462–94. Full Text

Lewis, T. R. “A theory of delegated search for the best alternative.” Rand Journal of Economics 43, no. 3 (September 1, 2012): 391–416. Full Text

Grabowski, Henry, Tracy Lewis, Rahul Guha, Zoya Ivanova, Maria Salgado, and Sally Woodhouse. “Does generic entry always increase consumer welfare?Food and Drug Law Journal 67, no. 3 (January 2012): 373–ii. Open Access Copy

Anton, J., G. Biglaiser, and T. Lewis. “Inventory in vertical relationships with private information and interdependent values.” International Journal of Economic Theory 7, no. 1 (March 1, 2011): 51–63. Full Text

Che, Y. K., J. Kim, and T. R. Lewis. “Do breakup fees lead to efficient takeover?Economics Letters 108, no. 1 (July 1, 2010): 52–54. Full Text

Heaney, Christopher, Julia Carbone, E Richard Gold, Tania Bubela, Christopher M. Holman, Alessandra Colaianni, Tracy R. Lewis, and Bob Cook-Deegan. “The Perils of Taking Property Too Far.” Stanford Journal of Law, Science and Policy 46 (May 12, 2009).