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Ignatius J. Horstmann

Ignatius J. Horstmann

Co-Director, Institute for International Business
Professor Emeritus, Economic Analysis and Policy Area

Degrees:

PhD, Boston College
BA, St. Joseph's University

Bio

Ignatius Hortsmann is a Professor Emeritus of Economic Analysis and Policy at Rotman. His teaching and research interests are in the area of game theory, as it applies to economic issues. Ignatius’current research focuses on three areas: the organization of the firm, advertising and bargaining/negotiations. He has also taught at University of Western Ontario and Boston College. His papers have been published in Quantitative Marketing and Economics, International Journal of Industrial Organization, and Canadian Journal of Economics, among others.

Academic Positions

  • 2001-Present

    Professor of Business Economics, Rotman School of Management

  • 1999-2001

    Professor, Dept. of Economics, University of Western Ontario

  • 1997-1998

    Acting Chair, Dept. of Economics, University of Western Ontario

  • 1988-1999

    Associate Professor, Dept. of Economics, University of Western Ontario

  • 1980-1988

    Assistant Professor, Dept. of Economics, University of Western Ontario

  • July-Sept 1980

    Lecturer, Dept. of Economics, University of Western Ontario

  • 1979-1980

    Part-time instructor, Dept. of Economics, Boston College

Selected Publications - Papers

  • Issue Linking in Trade Negotiations: Ricardo Revisited or No Pain No Gain

    with J. Markusen and J. Robles

    Forthcoming, Review of International Economics

  • Advertising Spending and Quality for Services: The Role of Capacity

    with S. Moorthy

    Quantitative Marketing and Economics

    Issue:1

    2003

    Pages: pp. 337-65

  • Does Advertising Signal Product Quality: Evidence from the Market for Compact Disc Players

    with G. MacDonald

    International Journal of Industrial Organization

    Issue:21

    2003

    Pages: pp. 317-45

  • The Game of Negotiations: Ordering Issues and Implementing Agreements

    with L.-A. Busch

    Games and Economic Behavior

    Issue:41

    2002

    Pages: pp. 169-91

  • Endogenous Incomplete Contracts: A Bargaining Approach

    with L.-A. Busch

    Canadian Journal of Economics

    Issue:32

    1999

    Pages: pp. 956-75

  • Signaling via an Agenda in Multi-Issue Bargaining with Incomplete Information

    with L.-A. Busch

    Economic Theory

    Issue:13

    1999

    Pages: pp. 561-76

  • A Comment on Issue-by-Issue Negotiations

    with L.-A. Busch

    Games and Economic Behavior

    Issue:19

    1997

    Pages: pp. 144-48

  • Bargaining Frictions, Bargaining Procedures and Implied Costs in Multiple-Issue Bargaining

    with L.-A. Busch

    Economica

    Issue:64

    1997

    Pages: pp. 669-80

  • Secret Reserve Prices in a Bidding Model with a Re-Sale Option

    with C. LaCasse

    American Economic Review

    Issue:87

    1997

    Pages: pp. 663-84

  • Exploring New Markets: Direct Investment, Contractual Relations and the Multinational Enterprise

    with J. Markusen

    International Economic Review

    Issue:37

    1996

    Pages: pp. 1-20

  • When is Advertising a Signal of Product Quality?

    with G. MacDonald

    Journal of Economics and Management Strategy

    Issue:3

    1994

    Pages: pp. 561-84

  • Endogenous Market Structures in International Trade (Natura Facit Saltum)

    with J. Markusen

    Journal of International Economics

    Issue:32

    1992

    Pages: pp. 109-29. Reprinted in P. Neary (Ed.) International Trade. International Library of Critical Writings in Economics, Edward Elgar Publishing, 1995

  • Strategic Investment and the Development of Multinationals

    with J. Markusen

    International Economic Review, 28 (1987) pp. 109-21

    Issue:Reprinted in M. Casson (Ed.) Multinational Corporations. International Library of Critical Writings in Economics, Edward Elgar Publishing pp. 126-40

    1991

    Pages: Reprinted in M. Greenhut and G. Norman (Eds.), The Economics of Location. International Library of Critical writings in Economics, Edward Elgar Publishing, 1995

  • Firm-Specific Assets and the Gains from Direct Foreign Investment

    with J. Markusen

    Economica

    Issue:56

    1989

    Pages: pp. 41-8. Reprinted in P. Buckley (Ed.), International Investment. International Library of Critical Writings in Economics, Edward Elgar Publishing (1991) pp.287-96

  • Licensing Versus Direct Investment: A Model of Internalization by the Multinational Enterprise

    with J. Markusen

    Canadian Journal of Economics

    Issue:20

    1987

    Pages: pp. 464-81

  • Up the Average Cost Curve: Inefficient Entry and the New Protectionism

    with J. Markusen

    Journal of International Economics

    Issue:20

    1986

    Pages: pp. 225-47. Reprinted in P. Neary (Ed.), International Trade. International Library of Critical Writings in Economics. Edward Elgar Publishing, 1995

  • Location Models as Models of Product Choice

    with A. Slivinski

    Journal of Economic Theory

    Issue:36

    1985

    Pages: pp. 367-86

  • Patents as Information Transfer Mechanisms: To Patent or (Maybe) Not to Patent

    with A. Slivinski and G. MacDonald

    Journal of Political Economy

    Issue:93

    1985

    Pages: pp. 837-58

Research and Teaching Interests

My teaching and research interests are in the area of game theory as it applies to economic issues. My current research focuses on three areas: the organization of the firm, advertising and bargaining/negotiations.

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