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Richard T. Gretz
Assistant Professor of Economics
Foster College of Business Administration
Baker Hall Room 208
Fall 2010 Office Hours: M/W/F 11:00am - 12:00pm
Office: 1 (309) 677-2298
Fax: 1 (309) 677-4174
Ph.D., Claremont Graduate University
M.A., Claremont Graduate University
B.A., Westfield State College
Research Interests
My research interests include network economics, public support of private research and development, and entrepreneurship. I recently received a research grant from Tekes (Finnish Funding Agency for Technology and Innovation) to study entrepreneurship generation in Peoria, IL.
Teaching Interests
I teach Principles of Microeconomics, Game Theory, and the Economics of Innovation at the undergraduate level. My MBA course is Microeconomics for Managers. I have experience teaching graduate courses in Microeconomic Theory and Game Theory.
Courses
Fall 2010
ECO 221 Principles of Microeconomics
ECO 606 Microeconomics for Managers
Spring 2010
ECO 606 Microeconomics for Managers
Fall 2009
ECO 221 Principles of Microeconomics
Recent Publications
“Hardware Quality vs. Network Size in the Home Video Game Industry,” Richard T. Gretz, Journal of Economic Behavior and Organization: forthcoming.
“R&D Subsidy Games: A Cost Sharing Approach vs. Reward for Performance,” Richard T. Gretz, Jannett K. Highfill, and Robert C. Scott, Journal of Technology Transfer: forthcoming. Appendix.
“R&D, Risk, and the Role of Targeted Government R&D Programs,” Richard T. Gretz, Joshua J. Lewer and Robert C. Scott, Journal of Economics: forthcoming.
“Console Price and Software Availability in the Home Video Game Industry,” Atlantic Economic Journal 38:1 (2010): 81-94. Link.
“Recession, R&D Spending, and the Current Account: Bad News, Bad News, and a Little Encouragement” Richard T. Gretz and Jannett Highfill, Global Economy Journal 10:1 (2010): Article 7.
"Strategic R&D Policy: Societal Objectives and the Corporate Welfare Argument,” Richard T. Gretz, Jannett Highfill, and Robert C. Scott, Contemporary Economic Policy 27:1 (2009): 28-45. Link.
“Maximizing and Satisficing Consumer Behavior: Model and Test,” Joshua J. Lewer, R. Nicholas Gerlich, and Richard T. Gretz, Southwestern Economic Review 36:1 (2009): 127-140. Link.
"R&D Subsidies and Multinational Firm Ownership,” Richard T. Gretz, Jannett Highfill, and Robert C. Scott, Global Economy Journal 7:1 (2007): 1-54. Link.
“Strategic Innovation and Technology Adoption in an Evolving Industry,” Darren Filson and Richard T. Gretz, Journal of Monetary Economics 51:1 (January 2004): 89-121. Link.
Working Papers
“Killer Applications and Network Effects : The Case of the U.S. Home Video Game Industry,” Richard T. Gretz and Jannett Highfill, 2009. Presented at the annual meetings of the American Economics Association Meetings in Atlanta, 2010. Link.
“The Government Subsidy Game with Intra-Industry Trade: Firm Competitive Environment Vis-à-Vis Societal Objectives,” Richard T. Gretz, Jannett K. Highfill, and Robert C. Scott, 2009.
“Can Gravity Explain Immigration Patterns to Europe? Empirical Evidence from 1991 - 2000,” Joshua J. Lewer and Richard T. Gretz, 2009.
“Catch-up Strategies and Asymmetric Indirect Network Effects: The U.S. Home Video Game Industry from 1995 – 2007,” Sang-chul Jung and Richard T. Gretz, 2008.
“R&D Subsidies, Multinational Firm Ownership, and Exporting: A Tribute to Clem Tisdell,” Richard T. Gretz, Jannett Highfill, and Robert C. Scott, 2007.
Personal
My wife and I were recently married. We have a 3 year old dog that we spoil a little too much. We are also very proud of our newphew, Connor, the newest addition to the family. Here are some pictures.
