Kenneth Hendricks
512.703.4600
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Jeffrey S. Andrien 512.703.4600
Ph.D, Economics, University of Wisconsin
MA, Economics, University of British Columbia
BA, Economics, University of British Columbia
Ken Hendricks is Professor of Economics at the University of Wisconsin at Madison. He has over twenty years of teaching experience in economics at the University of Texas at Austin, Princeton University, Harvard University, University of British Columbia, and the University of Arizona. Professor Hendricks’ primary fields of research are Industrial Organization and Market Design, including the design of auction markets.
In a series of pioneering empirical studies co-authored with Robert Porter of Northwestern University, Professor Hendricks analyzed the U.S. offshore oil and gas leasing program, finding that these auctions performed well during the period 1954 to 1973. Subsequently, Professors Hendricks and Porter have teamed with Philip Hale of Yale University to expand the analysis of these offshore auctions to cover the period since the U.S. government adopted the Area Wide Leasing Program in 1983. Professor Hendricks has published articles in the leading economics journals, such as the American Economic Review, Journal of Political Economy, the RAND Journal, Econometrica, the Review of Economic Studies, and others in addition to several book chapters and other publications. And recently, Professor Hendricks co-authored with Robert Porter a survey of the empirical research on auctions for the new Handbook of Industrial Organization, Volume III.
Professor Hendricks also has substantial consulting experience in designing and monitoring auctions for various entities, both public and private sector. In addition, he has have extensive consulting experience on a range of anti-trust issues: merger cases in the oil and gas industry (e.g. BP-ARCO, Exxon-Mobil), the music industry (EMI-Time Warner), and the airline industry (e.g. United-U.S. Airways), as well as cartel cases (e.g., vitamin cartel), and cases alleging exclusionarypractices (e.g., Strivectin, Phoenix Air Controls).
In 2007, Professor Hendricks was appointed a Fellow of the Econometric Society, once of the most distinguished awards given to professional economists.