Review of Industrial Organization (2006) 28:81 © Springer 2006
In Memoriam: Paul A. Geroski
Paul A. Geroski died on August 28, 2005, decades too soon. His research
on the dynamics of markets is important and enduring, extending to the
implications of the workings of markets over time. He developed those
implications for the entry of new competitors, for investments in research
and development, for innovation and its diffusion, and for the performance
of ﬁrms through time, as well as for the sensibleness of our views of the
contemporaneous interactions among ﬁrms.
He served as Professor of Economics at the London Business School,
as President of the Industrial Organization Society, as President of the
European Association for Research in Industrial Economics, as a Manag-
ing Editor of the International Journal of Industrial Organization, and as a
member and then Deputy Chairman of the United Kingdom’s Monopolies
and Mergers Commission and then as Chairman of its successor commis-
sion, the Competition Commission.
He could deftly capture the essence of an idea and express clearly
its value and its limitations, its theoretical foundations, and its empirical
importance. He gave thoughtful and helpful criticism that conveyed his
critical evaluation and as well his enjoyment of the search for knowledge
and the sharing of thoughts with his colleagues. We shall miss him greatly.
John T. Scott
Hanover, NH 03755-3514