Michael Arnold

Associate Professor of Economics,
Director, University Honors Program

Department: Economics
Campus Address: 186 S. College Avenue
Newark, DE 19716
Phone: 302-831-1916


  • Ph.D., Economics, University of California, Los Angeles 1992
  • M.A., Economics, Virginia Polytech Institute & State University, 1987
  • B.A., Economics, College of William and Mary, 1984
  • Curriculum Vitae


  • "Adverse Selection in Reverse Auctions for Environmental Services," with Josh Duke and Kent Messer, Land Economics, 89(3):387-412.
  • "Asymmetric Capacity Constraints and Equilibrium Price Dispersion," with Christine Saliba, Economics Letters. 111 (2011), 158–160
  • "Asymmetric Market Shares, Advertising, and Pricing: Equilibrium with an Information Gatekeeper" with Chenguang Li, Christine Saliba and Lan Zhang, Journal of Industrial Economics, 59 (2011), 63-84.
  • "Bargaining and Fixed Price Offers: How Online Intermediaries are Changing New Car Transactions," (with Thierry Penard), Review of Network Economics, Vol. 1, # 6, pp. 134-160, 2007.
  • "The Analytics of Search with Posted Prices," (with S. Lippman) Economic Theory, Vol. 17: 447-466, 2001.

Awards & Honors

  • Alfred Lerner College of Business and Economics Oustanding Teacher Award, 2011
  • Associate Chair for Undergraduate Programs, Department of Economics, University of Delaware, 2001-2005


  • Microeconomic Theory
  • Uncertainty and Information
  • Industrial Organization

The Lerner College is home to a state-of-the-art financial trading facility, the $1.5 million student-led Blue Hen Investment Club, a student-managed restaurant and hotel, a high-technology development center of a global bank and a start-up experience for students with new business ideas.

Undergraduate scholarships, made possible through the generosity of alumni and friends, enable us to support promising scholars. Here, Delaware Gov. Jack Markell and his mother, Leni Markell, join recipients of the William Markell Scholarship (center), which benefits students in Accounting and MIS.

The Institute for Financial Services Analytics is a collaboration between the Lerner College, UD's College of Engineering and JPMorgan Chase, and hosts events for academics and the business community designed to address consumer analytics and industry applications.

All Lerner College departments offer discovery learning experiences and emphasize data-based analytics to enrich the student experience. Here, students at Vita Nova, our award-winning restaurant run through HRIM, joined professional chefs and winemakers in hosting a 2014 Mid-Atlantic Wine and Food Festival event.

Lerner College faculty - like Meryl Gardner, whose research on foods and moods was recently published in the Journal of Consumer Psychology - are thought leaders who command attention from influential business audiences, economists and policy makers.

  • Alfred Lerner College of Business & Economics
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