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Leslie M. Marx is the Robert A. Bandeen Professor of Economics at the Fuqua School of Business at Duke University. She is an expert in auctions, vertical contracting, antitrust liability, and cartels. Dr. Marx is well known for her innovative ideas in the areas of industrial organization, applied game theory, auctions, procurements, and collusion. She served as the Chief Economist of the Federal Communications Commission from August 2005 through August 2006.

Dr. Marx has published extensively in peer-reviewed journals and elsewhere on topics related to industrial organization, applied game theory, auctions, procurements, and collusion. Her recent published work includes papers on collusive mechanisms, unilateral and coordinated effects of mergers, incentives in procurement contracting, bargaining power, and vertical mergers. 

Dr. Marx has been awarded numerous honors over her academic career, including National Science Foundation and Australian Research Council research grants and the 2012 Cohen Award for her paper “Plus Factors and Agreement in Antitrust Law.” She has also been named among the Who's Who Legal of Competition Economist since 2017. Dr. Marx is an Economic Theory Fellow of the Society for the Advancement of Economic Theory and a Fellow of the Game Theory Society. She has served on multiple academic journal editorial boards, journal and center advisory boards, and conference scientific committees.

Outside of antitrust, Dr. Marx has also notched up numerous honors in the sport of fencing, including competing on the 1996 US Olympic team and winning three Pan-American gold medals and multiple national championships. She continues to participate in masters-level competitions and serves as a volunteer assistant coach for Duke’s varsity fencing team.


PhD, Economics, Northwestern University

BS, Mathematics, Duke University

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