William Sjostrom
Research Profile
William Sjostrom
Biography
William Sjostrom is senior lecturer in economics at the Centre for Policy Studies, where he has also served as dean of the Faculty of Commerce and director of the Executive MBA programme. He previously taught economics at Northern Illinois University and the University of Washington, was a staff economist at the Port of Seattle, and has consulted for the Port of Cork, the European Commission, the ESB, and private law firms. He serves on the editorial boards of Maritime Economics and Logistics and the International Journal of Transport Economics. He graduated from the University of Chicago, and received his PhD from the University of Washington.
His research focuses on competition policy in liner shipping, and on the economics of the family, with a current project on divorce in Ireland. He has also published papers on crime, unemployment, comparative competition law, and oligopoly in the lumber industry.
Research Interests
My early research was focused on industrial economics, with a particular emphasis on maritime industries, law and economics, and labor markets. In recent years, in addition to work on transportation, I have started to focus as well on the economics of the family, and am currently working on the law and economics of divorce in Ireland.
Book Chapters
| Year | Publication | |
|---|---|---|
| (2010) | 'Competition and Cooperation in Liner Shipping'
Sjostrom, W; (2010) 'Competition and Cooperation in Liner Shipping' In: Handbook of Maritime Economics and Business, Second Edition. London: Informa. [ Publisher's Version] [Details] |
|
| (2004) | 'The Stability of Ocean Shipping Cartels'
Sjostrom,W.; (2004) 'The Stability of Ocean Shipping Cartels' In: How Cartels Endure and How They Fail. Cheltenham: Edward Elgar. [Details] |
|
| (2002) | 'Liner Shipping: Modelling Competition and Collusion'
Sjostrom, W.; (2002) 'Liner Shipping: Modelling Competition and Collusion' In: Handbook of Maritime Economics and Business. London: Lloyds of London Press. [Details] |
|
| (1998) | 'Competition Law in the European Union and the United States'
Sjostrom, W.; (1998) 'Competition Law in the European Union and the United States' In: New Palgrave Dictionary of Economics and the Law. London: Macmillan. [Details] |
Book Reviews
| Year | Publication | |
|---|---|---|
| (2015) | Review of Chris Jephson and Henning Morgen, Creating Global Opportunities: Maersk Line in Containerisation, 1973-2013.
William Sjostrom (2015) Review of Chris Jephson and Henning Morgen, Creating Global Opportunities: Maersk Line in Containerisation, 1973-2013. Book Reviews [ Publisher's Version] [Details] |
|
| (2012) | Review of Vaclav Smil, Prime Movers of Globalization: The History and Impact of Diesel Engines and Gas Turbines.
William Sjostrom (2012) Review of Vaclav Smil, Prime Movers of Globalization: The History and Impact of Diesel Engines and Gas Turbines. EH.Net Economic History Services, August 6, 2012: Book Reviews [ Publisher's Version] [Details] |
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| (1998) | The political economy of economic freedom.
Sjostrom, W (1998) The political economy of economic freedom. Book Reviews [Details] |
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| (1993) | MANAGERIAL DILEMMAS - THE POLITICAL-ECONOMY OF HIERARCHY - MILLER,GJ.
SJOSTROM, W (1993) MANAGERIAL DILEMMAS - THE POLITICAL-ECONOMY OF HIERARCHY - MILLER,GJ. Book Reviews [Details] |
|
| (2007) | Review of The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger.
Sjostrom,W.; (2007) Review of The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger. EH.Net Economic History Services, April 2, 2007: Book Reviews [ Publisher's Version] [Details] |
|
| (1998) | Review of The Political Economy of Economic Freedom.
Sjostrom, W. ; (1998) Review of The Political Economy of Economic Freedom. Book Reviews [Details] |
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| (1993) | Review of Managerial Dilemmas.
Sjostrom, W.; (1993) Review of Managerial Dilemmas. Cambridge: Book Reviews [Details] |
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| (1991) | Review of Ownership, Control, and the Firm.
Sjostrom, W.; (1991) Review of Ownership, Control, and the Firm. Book Reviews [Details] |
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| (1991) | Review of Rules and Institutions.
Sjostrom, W.; (1991) Review of Rules and Institutions. Book Reviews [Details] |
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| (1991) | Review of Production, Entrepreneurship, and Profit.
Sjostrom, W.; (1991) Review of Production, Entrepreneurship, and Profit. Book Reviews [Details] |
Peer Reviewed Journals
| Year | Publication | |
|---|---|---|
| (2004) | 'Ocean Shipping Cartels: A Survey'
Sjostrom, W.; (2004) 'Ocean Shipping Cartels: A Survey'. Review of Network Economics, 3 :107-134 [ Publisher's Version] [Details] |
|
| (2000) | 'The Effect of Safety Regulations at Sea: Deck Load Laws and the Nineteenth Century Timber Trade'
Sjostrom, W.; (2000) 'The Effect of Safety Regulations at Sea: Deck Load Laws and the Nineteenth Century Timber Trade'. International Journal of Transport Economics, 27 :303-313 [Details] |
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| (1993) | 'Hanged for a Sheep - The Economics of Marginal Deterrence'
Friedman, D., Sjostrom, W.; (1993) 'Hanged for a Sheep - The Economics of Marginal Deterrence'. Journal of Legal Studies, 22 :345-366 [Details] |
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| (1993) | 'Antitrust Immunity for Shipping Conferences: An Empty Core Approach'
Sjostrom, W.; (1993) 'Antitrust Immunity for Shipping Conferences: An Empty Core Approach'. Antitrust Bulletin, 38 :419-423 [Details] |
|
| (1993) | 'Job Security in an Efficiency Wage Model'
Sjostrom, W.; (1993) 'Job Security in an Efficiency Wage Model'. Journal of Macroeconomics, 15 :183-187 [Details] |
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| (1992) | 'Price Discrimination by Shipping Conferences'
Sjostrom, W.; (1992) 'Price Discrimination by Shipping Conferences'. Logistics and Transportation Review, 28 :207-215 [Details] |
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| (1991) | 'An Empirical Test of Monopoly Behaviour: An Application to the Hardwood Cases: A Comment'
Sjostrom, W.; (1991) 'An Empirical Test of Monopoly Behaviour: An Application to the Hardwood Cases: A Comment'. Applied Economics, 23 :339-341 [Details] |
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| (1989) | 'On the Origin of Shipping Conferences: Excess Capacity and the Opening of the Suez Canal'
Sjostrom, W.; (1989) 'On the Origin of Shipping Conferences: Excess Capacity and the Opening of the Suez Canal'. International Journal of Transport Economics, 16 :329-335 [Details] |
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| (1989) | 'Collusion in Ocean Shipping: A Test of Monopoly and Empty Core Models'
Sjostrom, W.; (1989) 'Collusion in Ocean Shipping: A Test of Monopoly and Empty Core Models'. Journal of Political Economy, 97 :1160-1179 [Details] |
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| (1988) | 'Monopoly Exclusion of Lower Cost Entry: Loyalty Contracts in Ocean Shipping Conferences'
Sjostrom, W.; (1988) 'Monopoly Exclusion of Lower Cost Entry: Loyalty Contracts in Ocean Shipping Conferences'. Journal of Transport Economics and Policy, 22 :339-344 [Details] |
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| (2014) | 'Niche Markets in Irish Tourism: The Case of North American Coach Tourists'
Marie Ryan, Jim Deegan, Richard Moloney,William Sjostrom (2014) 'Niche Markets in Irish Tourism: The Case of North American Coach Tourists'. Irish Business Journal, [Details] |
Government Document
| Year | Publication | |
|---|---|---|
| (1995) | Stability and Related Problems in Liner Shipping: An Economic Overview.
Davies,J.;Pirrong, C.;Sjostrom,W.;Yarrow , G.; (1995) Stability and Related Problems in Liner Shipping: An Economic Overview. Government Document [Details] |
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| (2003) | Contract of Services for the Assistance in Processing Public Submissions to be received in response to the 'Consultation Paper' on the Review of Council Regulation 4056/86.
Haralambides, H. E.; Fusillo, M.; Hautau, U.; Sjostrom, W.; Veenstra, A.W; (2003) Contract of Services for the Assistance in Processing Public Submissions to be received in response to the 'Consultation Paper' on the Review of Council Regulation 4056/86. Government Document [Details] |
Unpublished Reports
| Year | Publication | |
|---|---|---|
| (2000) | The Economic Value of the Port of Cork to the Irish Economy, report commissioned by the Port of Cork Company.
Moloney, R. and W. Sjostrom with R. Burke, KPMG Consulting; (2000) The Economic Value of the Port of Cork to the Irish Economy, report commissioned by the Port of Cork Company. Unpublished Reports [Details] |
Professional Associations
| Association | Function | From / To | |
|---|---|---|---|
| American Economic Association | Member | / | |
| International Maritime Economic History Association | Member | / |
Conference Contributions
| Year | Publication | |
|---|---|---|
| (2002) | Annual Conference of the International Association of Maritime Economists,
Sjostrom, W.; (2002) Conference organizer. [Conference Organising Committee Member], Annual Conference of the International Association of Maritime Economists, Panama City, Panama , 01-NOV-02 - 01-NOV-02. [Details] |
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| (2001) | 10th Annual Conference on Cross-Currents in Literature, Film, and the Visual Arts,
Sjostrom, W.; (2001) Let's Just Hang Them All, Shall We? Bentham Updated. [Oral Presentation], 10th Annual Conference on Cross-Currents in Literature, Film, and the Visual Arts, UCC , 04-MAY-01 - 04-MAY-01. [Details] |
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| (2000) | Genoa Workshop of the Special Interest Group on Maritime Transport and Ports, World Conference on Transport Research Society,
Sjostrom, W.; (2000) The Economic Value of the Port of Cork to Ireland in 1999: An Input-Output Study. [Oral Presentation], Genoa Workshop of the Special Interest Group on Maritime Transport and Ports, World Conference on Transport Research Society, unknown , 10-JUN-00 - 10-JUN-00. [Details] |
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| (2000) | Genoa Workshop of the Special Interest Group on Maritime Transport and Ports, World Conference on Transport Research Society,
Sjostrom, W.; (2000) conference organizer. [Conference Organising Committee Member], Genoa Workshop of the Special Interest Group on Maritime Transport and Ports, World Conference on Transport Research Society, Genoa, Italy , 01-JUN-00 - 01-JUN-00. [Details] |
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| (1996) | Irish Economic Association Conference,,
Sjostrom, W.; (1996) The Effectiveness of Safety Regulations at Sea. [Oral Presentation], Irish Economic Association Conference,, Limerick , 14-APR-96 - 14-APR-96. [Details] |
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| (1995) | Department of Economics,
Sjostrom, W.; (1995) The Effectiveness of Safety Regulations at Sea. [Oral Presentation], Department of Economics, University of Wales, Bangor , 29-NOV-95 - 29-NOV-95. [Details] |
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| (1995) | Group Planning, Shell Oil Company,
Sjostrom, W.; (1995) The Theory of the Core and Heavy Industry. [Oral Presentation], Group Planning, Shell Oil Company, London , 27-JUN-95 - 27-JUN-95. [Details] |
Committees
| Committee | Function | From / To | |
|---|---|---|---|
| Department of Transport and Port Economics, Erasmus University | External Dissertation Examiner | 1998 / 1998 | |
| Italian Ministry for Education University and Research | Project reviewer | 2004 / | |
| Bar-Ilan University and the University of Haifa | Affiliate Professor | 2005 / 2010 |
Employment
| Employer | Position | From / To | |
|---|---|---|---|
| University College Cork | Senior Lecturer, Centre for Policy Studies | 01-JAN-03 / | |
| Univeristy College Cork | Lecturer | 01-JAN-92 / 01-JAN-02 | |
| Northern Illinois University | Assistant Professor | 01-JAN-86 / 01-JAN-92 | |
| Port of Seattle | Economist | 01-JAN-84 / 01-JAN-86 |
Education
| Year | Institution | Qualification | Subject | |
|---|---|---|---|---|
| 1978 | University of Chicago | BA | unknown | |
| 1986 | University of Washington | PhD | unknown |
Journal Activities
| Journal | Role | To / From | |
|---|---|---|---|
| Maritime Economics And Logistics | Editor | 01-JAN-98 - | |
| International Journal Of Transportation Economics | Editor | 01-JAN-08 - | |
| International Journal Of Transport Economics | Referee | 01-JAN-08 - | |
| Journal Of Law And Economics | Referee | 01-JAN-08 - | |
| Journal Of Industrial Economics | Referee | 01-JAN-07 - | |
| Electronic Markets | Referee | 01-JAN-03 - | |
| Electronic Markets | Referee | 01-JAN-01 - | |
| Journal Of Industrial Economics | Referee | 01-JAN-01 - | |
| Journal Of Macroeconomics | Referee | 01-JAN-98 - | |
| Manchester School | Referee | 01-JAN-98 - | |
| Journal Of Macroeconomics | Referee | 01-JAN-97 - | |
| Managerial And Decision Economics | Referee | 01-JAN-97 - | |
| Scandinavian Journal Of Economics | Referee | 01-JAN-97 - | |
| Economic Journal | Referee | 01-JAN-96 - | |
| Journal Of Macroeconomics | Referee | 01-JAN-96 - | |
| Managerial And Decision Economics | Referee | 01-JAN-96 - | |
| Review Of Economics And Statistics | Referee | 01-JAN-96 - | |
| Journal Of Macroeconomics | Referee | 01-JAN-95 - | |
| Review Of Economics And Statistics | Referee | 01-JAN-93 - | |
| Applied Economics | Referee | 01-JAN-91 - |
Teaching Interests
I currently teach industrial economics, price theory for government students, and the economies of Europe, all to undergraduates.
I have in the past taught at graduate level price theory, industrial economics, and game theory for MBAs. At that undergraduate level, I have taught intermediate price theory, principles of economics, mathematical economics, statistics for economists, law and economics, and European competition policy.