Faculty Profile
Thomas Lyon, Ph.D.
Professor and Director of the Erb Institute

3503 Dana
PhD Stanford University, 1989
MS Stanford University, 1984
BSE Princeton University, 1981
Tom Lyon is the Dow Professor of Sustainable Science, Technology and Commerce, and serves as Director of the Erb Institute for Global Sustainable Enterprise. His research and teaching interests include environmental information disclosure and greenwash; corporate environmental strategy; environmental NGOs; voluntary environmental agreements; government regulation of business; industrial organization; and energy and the environment.
Awards and Grants:
Zurich Financial Services Distinguished Visitor Program on Climate Change, UC Santa Barbara, 2009; Gilbert White Fellowship, Resources for the Future, Washington, DC, 2002- 2003. Fulbright Grant, Pisa Chair in the Economics of Innovation, Scuola Superiore di Studi Universitari e di Perfezionamento Sant'Anna, Pisa, Italy, January-April 1997. John M. Olin Visiting Professor, Center for the Study of the Economy and the State, University of Chicago, 1995-96.
Current/Recent Research:
Environmental Information Disclosure; Greenwash; Voluntary Environmental Programs; Renewable Portfolio Standards
Current/Recent Teaching:
Environmental Governance
Competitive Tactics
Social Institutions for Energy Production
Regulation
Non-Market Strategy
Selected Publications:
Understanding 21st Century NGOs, RFF Press, forthcoming.
Guest Editor, Special Issue on Management Strategy and the Environment, Journal of Economics and Management Strategy, Spring 2009.
“Corporate Social Responsibility and the Environment: A Theoretical Perspective,” (with John W. Maxwell), Review of Environmental Economics and Policy, 2008, 2: 240-260.
“Environmental Public Voluntary Programs Reconsidered,” (with John W. Maxwell), Policy Studies Journal, 2007, 35: 723-750.
The Political Economy of Regulation, editor, Northampton, MA: Edward Elgar Publishing, 2007.
“Why Rate-of-Return Adders are Unlikely to Increase Transmission Investment,” The Electricity Journal, 2007: 48-55.
“Voluntary Environmental Agreements when Regulatory Capacity is Weak,” (with Allen Blackman and Nicholas Sisto), Comparative Economic Studies, 2006: 682-702.
“Does Dual Sourcing Lower Procurement Costs?,” Journal of Industrial Economics, June 2006, 54: 223-252.
“Regulatory Opportunism and Investment Behavior: Evidence from the Electric Utility Industry,” RAND Journal of Economics, Autumn 2005.
Corporate Environmentalism and Public Policy, Cambridge University Press, 2004.
“Astroturf: Interest Group Lobbying and Corporate Strategy,” (lead article), Journal of Economics and Management Strategy, 2004, 13: 561-598.
“Spatial Proximity and Complementarities in the Trading of Tacit Knowledge,” International Journal of Industrial Organization, 2004, 22: 1115-1135.
“Buyer-Option Contracts Restored: Renegotiation, Inefficient Threats, and the Hold-up Problem,” Journal of Law, Economics and Organization, 2004, 20: 148-169.
“Self-Regulation, Taxation, and Public Voluntary Environmental Agreements,” Journal of Public Economics, 2003, 87: 1453-1486.
“Self-Regulation and Social Welfare: The Political Economy of Corporate Environmentalism,” Journal of Law and Economics, 2000, 43: 583-618.
“Quality Leadership when Regulatory Standards are Forthcoming,” Journal of Industrial Economics, 2000, 48: 331-348.

