Department of Economics at Illinois State University Department of Economics at Illinois State University Department of Economics at Illinois State University

Susan Chen

 Associate Professor

Office Address: STV 426K
Office Phone: (309).438.3616
Office Hours:


Email: Contact Susan Chen (jchen4)
Website: Visit Susan Chen’s Website
Teaching Schedule:
Course NumberSectionCourse NameTimeRoom NumberCourse Links
ECO401.01Survey of Economic Principles   
Teaching Interests:
Research Interests:
Industrial Organization, Applied Econometrics, Applied Game Theory and Strategy, and E-Commerce
Ph.D., Business Economics and Public Policy, Kelley School of Business, Indiana University.
Selected Publications:

“Consumer Search, Market Characteristics, and Price Dispersion: New Evidence from the Retail Markets for Prescription Drugs” Managerial and Decision Economics, forthcoming.

“Asymmetry and Revenue in Second-Price Auctions: A Majorization Approach” (with Maochao Xu), Journal of Economics and Finance, forthcoming.

“Price Volatility and Contract Maturity: Evidence from an Online Futures Market for Sports Tickets” (with Xiaoyong Zheng), Eastern Economic Journal,2014, 40(1), 56-70.

“Pricing Strategies in the Electronic Marketplace,” in e-business Strategic Management (Francisco J. Martínez-López Ed.), New York, Springer Publisher, 2014, 489-522.

“Where Do New Economics Ph.D.s Go? Evidence from Recent Initial Labor Market” (with Qihong Liu and Sherrilyn Billger), Journal of Labor Research, 2013, 34(3), 312-338.

“Information Gatekeepers, Product Markets, and Vertical Merger” (with Qihong Liu), Journal of Economics and Finance, 2013, 37(1), 33-61

"The Effect of Most-Favored Customer Clauses on Prices" (with Qihong Liu), Journal of Industrial Economics, 2011, 59(3), 343-371. (Lead Article)

"Do Countercyclical-Weekend Effects Persist in Online Retail Markets?" (with Jeffery A. Livingston and Patrick A. Scholten), Electronic Commerce Research and Applications, 2009, 8(4), 174-181. (Lead Article)

“Backward Integrated Information Gatekeepers and Independent Divisions in the Product Market,” The B.E. Journal of Theoretical Economics, 2008, 8(1), Article 7.

“Differences in Average Prices on the Internet: Evidence from the Online Market for Air Travel,” Economic Inquiry, 2006, 44(4), 656-670.

"Price Dispersion, Product Characteristics, and Firms' Behaviors: Stylized Facts from" (with Patrick A. Scholten) in Advances in Applied Microeconomics (M. R. Baye, Ed.), JAI Press, 2003, 12, 143-164.