Luke M. Froeb

Luke M. Froeb

William C. Oehmig Professor in Free Enterprise and Entrepreneurship, Emeritus

Subject Areas

Health Care, Strategy and Business Economics



Professor Froeb has taught the core Managerial Economics class in Vanderbilt's MBA programs for 30 years, the last 26 out of his textbook, “Managerial Economics: A Problem-Solving Approach” now in its sixth edition.

Professor Froeb has spent his professional life going in and out of academia: Tulane, Dept of Justice, University of Chicago, Department of Justice, Vanderbilt University, Federal Trade Commission, Vanderbilt University, Department of Justice, and back to Vanderbilt University. As a government enforcer, Froeb confronts interesting problems, and then gets to work on them when he returns to academia.

Today, his merger models are used by agencies around the world to enforce competition laws. He has put them online at, a suite of interactive web apps developed for the U.S. Department of Justice.


Luke has published dozens of papers on his varied interests, appearing in journals such as the RAND Journal of Economics, Journal of Econometrics, Journal of Law, Economics, & Organization, and the Antitrust Law Journal.


PhD, Econometrics, University of Wisconsin, 1983

AB, Economics, Stanford University, 1978

Video & Podcasts