description Timothy Bresnahan Overview
Timothy Bresnahan is an American economist and the Landau Professor of Technology and the Economy at Stanford University. He is highly regarded for his contributions to empirical industrial organization, particularly his studies on how market structure and technological change affect productivity and consumer welfare. Bresnahan's research has heavily focused on the automobile and computing industries, analyzing the economics of information technology and network effects. He is also recognized for his work formalizing the economic concept of General Purpose Technologies and their historical impact on economic growth.
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Timothy Bresnahan ranks #211 of 253 in the Economist ranking, behind Ali Hortacsu, ahead of Christopher Blattman.
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What is Timothy Bresnahan's most famous economic contribution?
Timothy Bresnahan is highly regarded for his foundational work in empirical industrial organization, specifically regarding how technological change impacts market structure. He has authored highly cited papers detailing the evolution of the computer industry and how generalized purpose technologies drive economic growth.
Where does Timothy Bresnahan currently teach?
Timothy Bresnahan serves as the Landau Professor of Technology and the Economy at Stanford University. His prestigious position at Stanford allows him to focus deeply on the intersection of economics, market structure, and high-tech innovation in Silicon Valley.
What is Timothy Bresnahan's research focus regarding General Purpose Technologies?
Bresnahan was instrumental in popularizing the economic concept of General Purpose Technologies (GPTs), such as the steam engine or the microprocessor. His research explores how these broad, transformative technologies alter labor markets, require organizational changes, and create vast new industry structures.
Has Timothy Bresnahan advised major tech companies or government bodies?
Yes, because of his expertise in how market structure and technological change affect the economy, Bresnahan has served as an economic expert in major antitrust cases. His deep understanding of empirical industrial organization makes him a vital consultant in high-profile tech litigation.
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