Michael Ward is a professor of economics at the University of Texas at Arlington and a Research Associate at the Centre for European Economic Research (ZEW) in Mannheim, Germany.
He was previously on the faculty of the University of Illinois, Urbana Champaign and a staff economist at the US Federal Trade Commission (FTC). He studied mathematics and economics at the University of California, Los Angeles (UCLA) and earned his doctorate in economics from the University of Chicago. He has had past affiliate research positions with Instituto de Pesquisa Econômica Aplicada (IPEA) in Brazil, with the Institute for Government and Public Affairs (IGPA) at the University of Illinois, with the Consortium for Research on Telecommunications Policy (CRTP). He is currently a coeditor of the journal Contemporary Economic Policy, has been a guest editor of the journal Information Economics and Policy, and is a coauthor of the popular textbook Managerial Economics: A Problem Solving Approach.
Michael Ward has researched a number of proposed policy responses to the rapid developments occurring in high technology industries. In his view, these markets are much more dynamic than many policy makers and policies assume. New rules should be informed by studies of actual outcomes from typical market participants in a real world setting as well as by studies in clinical laboratory settings. Moreover, rules enacted at one point in time can have far reaching and unintended consequences, especially in rapidly evolving industries. Seemingly innocuous regulations can greatly affect the path along which entrepreneurs fund new developments.