Kathryn Graddy is a professor of economics and the dean of

Brandeis International Business School Brandeis International Business School is part of Brandeis University, located in Waltham, Massachusetts. Brandeis International Business School offers graduate and undergraduate degree programs in business, finance and economics, with over 3,000 ...

Brandeis University , mottoeng = "Truth even unto its innermost parts" , established = , type = Private research university , accreditation = NECHE , president = Ronald D. Liebowitz , pro ...

. She is the Fred and Rita Richman Distinguished Professor in Economics at Brandeis University. Her research interests include the economics of art,

culture Culture () is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups.Tyl ...

, and

industrial organization In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and market (economics), markets. Industrial organization adds real-world complic ...

Career

Graddy received a BS in mathematics and a BA in Russian language from

Tulane University Tulane University, officially the Tulane University of Louisiana, is a private university, private research university in New Orleans, Louisiana. Founded as the Medical College of Louisiana in 1834 by seven young medical doctors, it turned into ...

, an MBA from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

, and a PhD in economics from

Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...

. Prior to her position at the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

, she was appointed as an assistant professor of economics at the

London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is " ...

. Afterwards, she was a

research fellow A research fellow is an academic research position at a university or a similar research institution, usually for academic staff or faculty members. A research fellow may act either as an independent investigator or under the supervision of a pr ...

at Jesus College and then at Exeter College. After leaving Oxford, Graddy joined

Brandeis University , mottoeng = "Truth even unto its innermost parts" , established = , type = Private research university , accreditation = NECHE , president = Ronald D. Liebowitz , pro ...

in 2007. She chaired the university's department of economics from 2011 to 2014 and directed the PhD program at

(IBS) from 2015 to 2016. In 2013, she was made the Fred and Rita Richman Distinguished Professor in Economics. She was named senior associate dean of IBS in 2016, a position she held until she became dean in 2018.

Research

Graddy's research interests include the economics of art,

, and

. She has been widely quoted in the media as an expert on art auctions and investment in art. As a graduate student, Graddy spent a month

shadow A shadow is a dark area where light from a light source is blocked by an opaque object. It occupies all of the three-dimensional volume behind an object with light in front of it. The cross section of a shadow is a two-dimensional silhouette, o ...

ing a trader at the

Fulton Fish Market The Fulton Fish Market is a fish market in Hunts Point, a section of the New York City borough of the Bronx, in New York, United States. It was originally a wing of the Fulton Market, established in 1822 to sell a variety of foodstuffs and pro ...

to analyze competition within fish markets. In her 1995 study, she described how the traders appeared to charge different prices to different ethnic groups, and

perfect competition In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition. In Economic model, theoret ...

at the market was not apparent. In a 2017 paper co-authored with Princeton University economist Carl Lieberman, the two economists concluded that "artists, in the year following the death of a friend or relative, are on average less creative than at other times of their lives." The results were based on an analysis of thirty-three French

Impressionist Impressionism was a 19th-century art movement characterized by relatively small, thin, yet visible brush strokes, open composition, emphasis on accurate depiction of light in its changing qualities (often accentuating the effects of the passage ...

painters and fifteen American artists born between 1910 and 1920. The results, which were featured in the popular press, followed an earlier

working paper A working paper or work paper may be: *A working paper or technical paper. Often, authors will release working papers to share ideas about a topic or to elicit feedback before submitting to a peer reviewed conference or academic journal. Worki ...

by Graddy that found that visual artists' creative output suffered during periods of

bereavement Grief is the response to loss, particularly to the loss of someone or some living thing that has died, to which a bond or affection was formed. Although conventionally focused on the emotional response to loss, grief also has physical, cogniti ...

Selected publications

* * * * *

References

External links

Faculty website

on the

Brandeis University , mottoeng = "Truth even unto its innermost parts" , established = , type = Private research university , accreditation = NECHE , president = Ronald D. Liebowitz , pro ...

website * {{DEFAULTSORT:Graddy, Kathryn Living people Cultural economists Women economists Brandeis University faculty Fellows of Exeter College, Oxford Fellows of Jesus College, Oxford Academics of London Business School Princeton University alumni Columbia Business School alumni Tulane University alumni Year of birth missing (living people)