John P. Gould

John P. Gould
Steven G. Rothmeier Professor
and Distinguished Service
Professor of Economics

Recent Publications

  • With E. Lazear, Microeconomic Theory, 6th ed. (1989).
  • "Is the Rational Expectations Hypothesis Enough?," Journal of Business (1986).
  • With R. Verrecchia, "The Information Content of Specialist Pricing," Journal of Political Economy (1985).
  • "Price Theory," Encyclopedia of Economics (McGraw-Hill, 1982-84).
  • "The Economics of Markets: A Simple Model of the Market-Making Process," Journal of Business (1980).

John P. Gould studies the economics of information, microeconomic theory, industrial organization, strategy, law and economics, and investment by the firm. Considered an expert in his field, Gould has been called to testify in many court cases and his research has been widely published.

Gould, who joined the Chicago Booth faculty in 1965, is currently the director of the Milwaukee Mutual Insurance Company, a position he has held since 1997; director of UNext Inc.; and a member of the Chicago Mercantile Exchange's Competitive Markets Advisory Committee. Additionally, he is a reviewer of research projects for the National Science Foundation and is a member of several professional affiliations, including the American Economic Association, Econometric Society, and Commercial Club of Chicago. For a decade, beginning in 1983, Gould served as dean of the Chicago Booth School of Business.

After graduating with a bachelor's of science with highest distinction in 1960 from Northwestern University, Gould decided to move to the other side of the city. He attended the University of Chicago, where he earned an MBA in 1963 and a PhD in 1966. Between graduating and returning as a faculty member, Gould worked as a special assistant for economic affairs to Secretary of Labor George P. Shultz, a consultant for economic affairs to the Office of Management and Budget for the Executive Office of the President, and senior vice president of LEXECON INC.

A lover of the arts, Gould enjoys literature, theater, and music.