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Thomas S. Gruca

George Daly Professor in Marketing and Director, Iowa Electronic Markets

Current Positions

  • George Daly Professor in Marketing, Marketing
  • Director, Iowa Electronic Markets, Marketing
  • Professor, Marketing

Education

  • PhD in Decision and Information Sciences, University of Illinois Urbana-Champaign
  • MBA in Management Information Systems, University of Illinois Urbana-Champaign
  • BS in Mathematics and Computer Science, University of Illinois-Chicago

Research Interests

  • Health Care
  • Prediction Markets
  • Marketing/Finance Interface

Selected Awards & Honors

  • MBA Marketing Professor of the Year - Tippie College of Business, 2019
  • MBA Marketing Professor of the Year - Tippie College of Business, 2018
  • President & Provost Award for Teaching Excellence - University of Iowa, 2018
  • MBA Marketing Professor of the Year - Tippie College of Business, 2017
  • MBA Alumni Faculty Award - Tippie College of Business, 2017
  • MBA Marketing Professor of the Year - Tippie College of Business, 2016
  • Iowa MBA Instructor of the Year - Core, 2014
  • MBA Marketing Professor of the Year - Tippie College of Business, 2013
  • MBA Marketing Professor of the Year - Tippie College of Business, 2006

Selected Publications

Selected Presentations

  • "Iowa Electronic Markets: Forecasting the 2024 U.S. Elections," Guest/Invited Speaker at American Political Science Association Annual Meeting, Philadelphia, Pennsylvania, September 2024.
  • "Peering into the Black Box: An Analysis of Trader Strategies," Guest/Invited Speaker at American Political Science Association Annual Meeting, Los Angeles, California, September 2023.
  • "Pricing Power: Measures, Trends and Impact on Firm Value," Accepted Speaker at Marketing Strategy Meets Wall Street Conference, Chicago, Illinois, August 2022.
  • "The Time-varying Associations between Customer Satisfaction, Future Cash flow, and Shareholder Value," Accepted Speaker at Winter AMA Academic Conference, February 2022.
  • "Maternal Health Equity: Community Factors: Labor & Delivery Closures," Guest/Invited Speaker at Public Health Conference of Iowa, April 2021.
  • "Trends in Medical Oncology Outreach in Iowa," Guest/Invited Speaker at University of Iowa, Iowa City, Iowa, February 2015.
  • "What Can Markets Teach Us, and Can They Really Predict? - External Prediction Markets," at Collective Intelligence Forum II, Phoenix, Arizona, October 2008.
  • "Brand Equity, Firm Performance and Shareholder Value," Keynote Speaker at ANPAD, Curitiba, Brazil, May 2008.
  • "Wisdom within the crowd: Does better information lead to higher returns?," Guest/Invited Speaker at INFORMS ISMS Marketing Science Conference, Ann Arbor, Michigan, July 2009.

Selected Grants & Contracts

  • Gruca, T. (Co-Principal), Principal Investigator(s): Berg, J. Rietz, T. & Forsythe, R. Active Learning in Undergraduate Education Using the Iowa Electronic Markets (IEM). National Science Foundation (NSF). Funded. January 2000 - December 2003.
  • Gruca, T. (Co-Principal), Principal Investigator(s): Berg, J., Rietz, T. & Forstyhe, R. Enhancing Economic Literacy Through the Iowa Electronic Market. United States Department of Education. January 1997 - December 2000.

Working Papers

  • Pyo, T., Gruca, T., & Russell, G. (2018). A New Generalized Bass Model Utilizing Social Network Data.

Employment History

  • Faculty Director, MBA Marketing Career Academy, University of Iowa, 2008 - 2019
  • PhD Program Director, Marketing Department, University of Iowa, 2008 - 2014
  • Henry B. Tippie Professor of Marketing, Marketing, University of Iowa, 2006 - 2021