Dr. Michael D. Noel is a Competition Economist, a Professor of Economics at Texas Tech University, and an Economic Expert in the areas of Antitrust & Mergers, Business Strategy, Labor & Employment, and other competition-related matters. Dr. Noel has published extensively on Competition Economics and is perhaps best known for his work on dynamic price competition in the Oil & Gas industry. He pioneered the now large professional literature on price cycles and price volatility in gasoline markets, and is internationally known as a leading competition expert in the industry. Dr. Noel teaches university courses at the intersection of Competition Economics and Antitrust Law at the undergraduate and graduate levels, and regularly interacts with industry, government, the legal community, and the media to discuss competition issues. Dr. Noel holds a Ph.D. in Economics from the Massachusetts Institute of Technology (M.I.T.) and Bachelors and Masters degrees from the University of Toronto.
View Dr. Noel's Curriculum Vitae
Dr. Noel has substantial expertise in Competition Economics. He has analyzed Antitrust and Merger issues in a wide range of industries including the Oil & Gas industry, banking, retail products, supermarkets, health care and pharmaceuticals, payment cards, book publishing, auto manufacturing, and others. Dr. Noel's specific areas of expertise include price fixing, collective dominance, coordinated behavior, predatory pricing, price discrimination, market definition, mergers, vertical contracts, damages, and regulatory issues. Dr. Noel is also an expert in Competitive Business Strategy, using sophisticated statistical and econometric techniques, including Predictive Analytics techniques, to guide data-driven price and strategic positioning analyses. In addition, Dr. Noel has extensive expertise in Labor & Employment issues. He has handled numerous Labor & Employment matters involving potential damages from a variety of labor market disputes.
Dr. Noel's research has been published in leading professional journals in Economics including the RAND Journal of Economics, the Review of Economics and Statistics, the Journal of Industrial Economics, the International Journal of Industrial Organization, Energy Economics, Economic Inquiry, and the Journal of Economics and Management Strategy. He has also published articles at the intersection of Economics and Antitrust Law in legal journals including the Columbia Business Law Review, the CPI Antitrust Chronicle, the Antitrust Practitioner, the Journal of Competition Law and Economics, and the Canadian Competition Law Review. His work on payment cards was cited extensively by the U.S. Supreme Court in its Ohio v. American Express decision. Dr. Noel has presented his research to audiences on six continents around the world, and serves as a peer reviewer for more than fifty professional journals in economics.
Over the past twenty years, Dr. Noel has taught university courses on Antitrust Economics, Competitive Strategy, Industrial Organization, Game Theory, and Microeconomic Theory to thousands of students at the undergraduate and graduate levels. Dr. Noel has a talent for explaining even complex problems in Competition Economics in the simplest and most straightforward manner possible to students, economists, and non-economists alike. Prior to his current appointment at Texas Tech, Dr. Noel taught courses on Competition Economics and related subjects at the University of California San Diego, the University of Toronto, and the Massachusetts Institute of Technology (M.I.T.)
Dr. Noel regularly shares his expertise with local, national and international media. He has been called upon many times to discuss a wide variety of current economic issues - from changing crude oil and gasoline prices to disputed merger reviews to labor market issues - in the news.