Faculty & Research

Richard Schmalensee

  • Howard W. Johnson Professor of Management, Emeritus
  • Professor of Economics, Emeritus
  • Dean Emeritus

Richard Schmalensee is the Howard W. Johnson Professor of Management Emeritus and Professor of Economics Emeritus. 

He was the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007 and was a member of the President’s Council of Economic Advisers from 1989 through 1991. He was formerly director of the MIT Center for Energy and Environmental Policy Research and a member of the MIT Energy Council.  Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences.  He has served on the executive committee of the American Economic Association, and as a director of the International Securities Exchange, MFS Investment Management, and the International Data Group.  Beginning October 2014, he will be Chairman of the Board of Resources for the Future.  His research and teaching have focused on industrial organization economics and its applications to business decision-making and public policy. He was the 2012 Distinguished Fellow of the Industrial Organization Society. 

Schmalensee holds an SB and a PhD in economics from MIT.