Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 263171
Loughborough University

School of Business and Economics

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Photo of Dr Garrod, Luke

Dr Luke Garrod PhD, Masters, BA (all University of East Anglia)

Lecturer in Economics

  • Profile
  • Research
  • Featured publications


  • ECA002: Principles of Microeconomics
  • ECC005: The Economics of Industry and the Firm

Luke is interested in how firms compete with one another to sell their products to consumers. In particular, he is interested in the implications of such competition for market outcomes and whether policymakers can improve the competitive processes.

Luke's research relates to both competition and consumer policy, and it covers the areas of collusion (where firms recognise that fierce competition is not in their mutual long-term interest), mergers (that can enhance or undermine competition by changing the structure of markets), and consumer behaviour (which affects the incentives of competing firms to sell products of high quality at low prices).

He also has an interest in behavioural economics and, to a lesser extent, experimental economics.

Research interests:
Industrial Organisation; Competition Policy; Consumer Policy; Behavioural Economics


“Default Effects, Transaction Costs and Imperfect Information,” (2013), Economic Letters, 119(2), 213-215 (with Munro, A. and Wilson, C. M.)

"Collusive Price Rigidity under Price-Matching Punishments,” (2012), International Journal of Industrial Organization, 30(5), 471-482

“When Are Excessive Prices Unfair?” (2011), Journal of Competition Law and Economics, 7(2), 403-426 (with P. Akman)
(link: http://jcle.oxfordjournals.org/content/7/2/403.short?rss=1)

“Competition Remedies in Consumer Markets,” (2009), Loyola Consumer Law Review, 21(4), 439-495 (with M. Hviid, Loomes, G. and Waddams Price, C.)


“Assessing the Effectiveness of Potential Remedies in Consumer Markets,” (2008), A report prepared for the Office of Fair Trading by the ESRC Centre for Competition Policy (with M. Hviid, Loomes, G. and Waddams Price, C.)


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