Peter C. Reiss

Peter Reiss is an expert in industrial organization economics and applied econometrics. Professor Reiss’s industrial organization research examines how technology, consumer tastes, and industry structure shape firms’ competitive positions. His work has addressed topics in measuring market power and competition, pricing practices, strategic entry and entry deterrence strategies, innovation, and market intermediation, with applications in the airline, automobile, and energy industries, as well as securities markets.

Professor Reiss’s applied econometrics research includes academic papers on outliers, econometric test statistics, the distribution theory of econometric estimators, and conceptual contributions to the development of structural econometric models.

Expert witness testimony in antitrust, competition, and product liability matters

As an expert witness, Professor Reiss has authored expert reports and has testified in depositions and arbitrations. He has testified in state and federal courts and has appeared before the Department of Justice (DOJ). He also testified before the Antitrust Modernization Commission.

Professor Reiss has extensive experience with class certification, damages, and liability issues, including multiple matters involving financial institutions. His testimony was cited in the order denying class certification in In re Interest Rate Swaps Antitrust Litigation.

In antitrust and competition cases, he has analyzed allegations of price fixing in financial services and other industries. For example, he opined on damages at mediation for Virgin Atlantic Airways in In re International Air Transportation Surcharge Antitrust Litigation, an antitrust class action alleging collusion on fuel surcharges that led to higher air fares.

Professor Reiss has also worked on product liability claims related to consumer goods. He analyzed sales and service records for a window manufacturer defending a California homeowners’ class action alleging product defects.

Publications, editorial roles, and research affiliations

Professor Reiss has published his research in leading academic journals, including the Journal of Political Economy, the Journal of Finance, the Review of Economic Studies, the American Economic Review, the Brookings Papers, and the Review of Financial Studies.

He has held editorial roles at multiple major journals, notably the American Economic Review, Econometrica, the Journal of Applied Econometrics, the Journal of Econometrics, the Journal of Economic Literature, the Microeconomics Brookings Papers, Quantitative Marketing and Economics, and the Journal of Industrial Economics.

Professor Reiss is a research associate in the industrial organization and environment and energy economics programs at the National Bureau of Economic Research (NBER). He served for two years on the National Science Foundation’s (NSF’s) Economics Advisory Panel.

Professional recognition

Lexology Index (formerly Who’s Who Legal) has recommended Professor Reiss as a Global Elite Thought Leader, as well as a leading competition economist and consulting expert in the competition field. In 2025, he was also honored with Lexology’s Client Choice recognition.

Teaching in econometrics and entrepreneurship

At Stanford GSB, Professor Reiss has more than four decades of experience teaching courses on econometrics, microeconomics, entrepreneurship, and the formation of new ventures.