Ralph A. Winter

Canada Research Chair in 

Business Economics and Public Policy 
Sauder School of Business 
University of British Columbia  

ralph.winter [at] sauder.ubc.ca

2053 Main Mall
Vancouver, Canada
V6T 1Z2

office: (604) 822-8339
cell: (604) 761-6510

Curriculum Vitae

Other Positions:

President, Canadian Economics Association, 2008-2009       
President, Canadian Law and Economics Association, 2004-2006       
Director, B.C. Transmission Corporation, 2003-2010       
Director, Wurldtech Security Technologies, www.wurldtech.com, 2006 –      
Professor, University of Toronto, 1979-2002
Visiting Professor, University of Geneva, 2002      
Visiting Scholar, C.R.E.S.T., Paris
, 1995-696      
National Fellow, Hoover Institution, 1986-87      
Olin Fellow, Yale Law School, 1988


          Commerce 691 (Applied Contract Theory): Course Outline

          Commerce 693 (Research Methodology):   Course Outline

Director, Ph.D. Program, Sauder School of Business

Editorial Boards:

            Associate Editor, RAND Journal of Economics

            International Editorial Board, Assurances

            Advisory Board: Canadian Law Abstracting Journal, SSRN

Forthcoming Papers: 

Papers currently submitted or in preparation: 

Collusion on Exclusion,” with Edward Iacobucci, 2011; current version: October 12, 2012; resubmission invited by the International Journal of Industrial Organization

"Vertical Restraints in Two-sided Markets: Credit Card Merchant Rules", in preparation.


Selected Journal Publications: 

Krishnan, H., and Winter, R.A. (2011), "The Economic Foundations of Supply Chain Contracting," published as single volume in  Foundations and Trends in Technology, Information and Operations Management

Vol. 5, Nos. 3–4 (2011) 147–309

.Krishnan, H., and Winter, R.A. (2010), On the Role of Revenue-Sharing Contracts in Supply Chains,” Operations Research Letters, January.

Iacobucci, E., Winter, R.A., (2010) “Abuse of Joint Dominance in Canadian Competition Policy,”  University of Toronto Law Journal, 2010


Krishnan, H., and Winter, R.A. (2010), “Inventory Dynamics and Supply Chain Coordination,” Management Science Vol. 56, No. 1, January, pp. 141-147.


Winter, R.A. (2009), "Antitrust Restrictions on Single-Firm Strategies,"  Presidential Address to the Canadian Economic Association, Canadian Journal of Economics, November.


Buettner, T., Coscelli, A., Verge, T., Winter, R.A.  (2009) An Economic Analysis of the Use of Selective Distribution by Luxury Goods Suppliers. European Competition Journal

and Reply


Krishnan, H., Winter, R.A. (2007). Vertical Control of Price and Inventory, American Economic Review, 97(5), 1840 - 1857.


Iacobucci, E., Trebilcock, M.,  Winter, R.A., (2006). The Canadian Experience with Deregulation . University of Toronto Law Journal, 56, 1 - 74.


Winter, R.A. (2006). Vertical Restraints and Antitrust Policy: A Reaction to Cooper, Froeb, O'Brien, and Vita . Competition Policy International, 1(2), 74 – 89; and Rebuttal


Winter, R.A. (2006). Liability Insurance, Joint Tortfeasors and Limited Wealth. International Review of Law and Economics, 26(1), 1 - 14.


Moorthy, S. (2006), Winter, R.A., Price Matching Guarantees . Rand Journal of Economics, 37(2), 449 - 466.


Iacobucci, E., Michael Trebilcock and R.A. Winter, “The Canadian Experience with Deregulation,”   with University of Toronto Law Journal 2006


Ross, Tom, Winter, R.A. (2005). The Efficiency Defense in Merger Law: Economic Foundations and Recent Canadian Developments . Antitrust Law Journal, 72, 471 - 504.


Iacobucci, E.,  Winter, R.A., (2005). Asset Securitization and Asymmetric Information . Journal of Legal Studies, 34(1), 161 - 207.


Ross, T.W., Winter, R.A. (2003). Canadian Merger Policy Following Superior Propane . Canadian Competition Record, 21, 7 - 23.


Sanderson, Margaret and Winter, R.A., (2002). Profits versus Rents in Antitrust Analysis . Antitrust Law Journal, 70(2), 485 - 513.


Mathewson, G.F. Winter, R.A., (1998). The Law and Economics of Resale Price Maintenance  . Review of Industrial Organization, 13(1-2), 57 - 84.


Trebilcock, M. Winter, R.A., (1997). The Economics of Liability for Nuclear Accidents . International Review of Law and Economics, 17, 215 - 215.


Winter, R.A. (1997). Colluding on Relative Prices . Rand Journal of Economics, 28(2), 359 - 372.


Mathewson, G.F. Winter, R.A., (1997). Buyers Groups  . International Journal Of Industrial Organization, 15(2), 137 - 164.


Mathewson, G.F. Winter, R.A., (1997). Tying as a Response to Demand Uncertainty . Rand Journal of Economics, 28(3), 566 - 583.


Neary, H. Winter, R.A., (1995). Output Shares in Bilateral Agency Contracts . Journal of Economic Theory, 66(2), 609 - 614.


Mathewson, G.F. Winter, R.A., (1994). Territorial Rights in Franchise Contracts  . Economic Inquiry 32, 2(181), 192.


Winter, R.A. (1994). The Dynamics of Competitive Insurance Markets . Journal of Financial Intermediation, 3, 379 - 415.


Winter, R.A. (1993). Vertical Control and Price versus Non-Price Competition . Quarterly Journal of Economics, 108(1), 61 - 78.


Winter, R.A. (1991). Solvency Regulation and the Insurance Cycle . Economic Inquiry, 29(3), 458 - 472.


Winter, R.A. (1991). The Liability Insurance Market . Journal of Economics Perspectives, 115 - 136.


Mathewson, G.F. Winter, R.A., (1989). The Economic Effects of Automobile Dealer Regulation . Annales d'Economie et de Statistique, 15/16, 409 - 426.


Mathewson, G.F. Winter, R.A., (1988). Vertical Restraints and the Law: A Reply . Rand Journal of Economics, 19(2), 298 - 301.


Ware, R. Winter, R.A., (1988). Currency Options, Forward Markets and the Hedging of Foreign Exchange Risk . Journal of International Economics, 25, 291 - 302.


Winter, R.A. (1988). The Liability Crisis and the Dynamics of Competitive Insurance Markets . Yale Journal on Regulation, 455 - 500.


Mathewson, G.F. Winter, R.A., (1987). The Competitive Effects of Vertical Agreements: Comment . American Economic Review, 1057 - 1062.


Peters, M. Winter, R.A., (1986). R&D with Observable Outcomes . Joumal of Economic Theory, 1336 - 1251.


Farmer, R. Winter, R.A., (1986). The Role of Options in the Resolution of Agency Problems: Comment . Journal of Finance, 1157 - 1174.


Ware, R. Winter, R.A., (1986). Public Pricing Under Imperfect Competition . lnternational Journal of Industrial Organization, 4(1), 87 - 100.


Gallini, N. Winter, R.A., (1985). Licensing in the Theory of Innovation Rand Journal of Economics, 237 - 253.


Mathewson, G.F. Winter, R.A., (1984). An Economic Theory of Vertical Restraints . Rand Joumal of Economics, 1(1), 27 - 38.


Mathewson, G.F. Winter, R.A., (1983). Vertical Integration by Contractual Restraints in Spatial Markets . Journal of Business, 56(4), 497 - 519. 


Peters, M. Winter, R.A., (1983). Market Equilibrium and the Resolution of Uncertainty . Canadian Joumal of Economics, 16(3), 381 - 390.

Mathewson, G.F. Winter, R.A., (1983). The Incentives for Resale Price Maintenance under Imperfect Information . Economic Inquiry, 21(3), 337 - 348.


Gallini, N. Winter, R.A., (1983). Vertical Control in Monopolistic Competition . Intemational Journal of Industrial Organization, 1(3), 275 - 286.


Turnbull, S. Winter, R.A., (1982). An Alternative Test of the Capital Asset Pricing Model: Comment . American Economic Review, 72(5), 1194 - 1196.


Winter, R.A. (1982). On the Choice of an Index for Disclosure in the Life Insurance Market: An Axiomatic Approach . Journal of Risk and Insurance, 49(4), 513 - 549.


Winter, R.A. (1981). On the Rate Structure of the American Life Insurance Industry . Journal of Finance, 36(1), 81 - 97.


Winter, R.A. (1981). Majority Voting and the Objective Function of the Firm under Uncertainty: Note , Bell Journal of Economics, 12(1), 335 - 337.




Selected Other Publications



Winter, R.A. (2009) "Price Matching and Meeting Competition Clauses", Wayne Dale Collins, ed., American Bar Association Volume: Issues in Competition Law and Policy, 45 pages.


Winter, R.A. . (2009). Entry Deterrence via Contracts,. Industrial Organization, Trade, and Social Interaction: Essays in Honour of B. Curtis Eaton. Toronto: University of Toronto Press.


Iacobucci, E., Winter, R.A. . (2009). Tying and Intellectual Property.  Competition Policy and Intellectual Property, Irwin Press  


Edward Iacobucci, Michael Trebilcock and R.A. Winter (2006) "The Political Economy of Deregulation in Canada" (2006), forthcoming, Marc K. Landy, Martin Levin and Martin Shapiro, eds., Creating Competitive Markets:

The Politics and Economics of Regulatory Reform: 290-319.



Margaret Sanderson and R.A. Winter (2002) “Geographic Market Definition in Canadian Waste Services,” Canadian Competition Record, Spring/Summer 2002, Vol. 21, No.1:  112-125,


 R.A. Winter 2002 “Efficiency as a Goal of Competition Policy,” Discussion in  Canadian Competition Policy: Preparing for the Future, 2002, Pearson Education Canada


Winter, R.A. . (2000). Optimal lnsurance under Moral Hazard.  In G.F. Dionne (Ed.), . Handbook of Insurance.


Winter, R.A. . (1992). Moral Hazard in Insurance Contracts.  In G.F. Dionne (Ed.), . Contributions to Insurance Economics.


Mathewson, G.F. Winter, R.A.,. (1990). The Law and Economics of Vertical Restraints.  In G.F. Mathewson, M. Trebilcock, M. Walker (Eds.), . The Law and Economics of Competition Policy. Vancouver: The Fraser Institute.


Mathewson, G.F. Winter, R.A.,. (1986). The Economics of Life Insurance Regulation: Valuation Constraints.  In J. Finsinger, M. Pauley (Eds.), . The Economics of Insurance Regulation.


Mathewson, G.F. Winter, R.A.,. (1985). The Economics of Vertical Restraints on Distribution.  In G.F. Mathewson, J. Stiglitz (Eds.), . New Developments in the Analysis of Market Structure.


Mathewson, Winter, R.A., G., Gussman, T., Campbell, C. . (1984). Regulation of Canadian Markets for Life Insurance, Consumer and Corporate Affairs.


Rey, P. Winter, R.A., (1998) Exclusivity Restrictions and Intellectual Property. Competition Policy and Intellectual Property Rights in the Knowledge-Based Economy, N. Gallini and  R. Anderson, eds, Industry Canada





                        The Law and Economics of Canadian Competition Policy, with Michael Trebilcock, Paul Collins  and Edward Iacobucci, University of Toronto Press, 2002 (804 pages) 

                        (winner, 2003 Doug Purvis Memorial Prize for outstanding contribution to Canadian economic policy)



                        Competition Policy and Vertical Exchange, with G.F. Mathewson, University of Toronto Press, 1985.