Michael Whinston

Faculty

Michael Whinston

About🔗

Michael D. Whinston is the Sloan Fellows Professor of Management in the Applied Economics Group at MIT Sloan and Professor of Economics in the Economics Department.

Whinston was the Robert E. and Emily H. King Professor of Business Instutions in the Department of Economics, Northwestern University from 1998-2013. Previously, he was a Professor of Economics at Harvard University.

He is an elected Fellow of the American Academy of Arts and Sciences, and a Fellow of the Econometric Society.  He was also a Fellow at the Center for Advanced Studies in the Behavioral Sciences, and an Alfred P. Sloan Research Fellow from 1990-1992. Whinston was awarded the Compass Lexicon Prize in 2008.

His research has covered a variety of topics in microeconomics and industrial organization, including firm behavior in oligopolistic markets, antitrust, game theory, the design of contracts and organizations, law and economics, and most recently, health economics.

Whinston is a coauthor of the leading graduate textbook in microeconomics, Microeconomic Theory [Oxford University Press, 1995], and  is the author of Lectures on Antitrust Economics [The MIT Press, 2006]. Most recently he co-authored Microeconomics [McGraw-Hill, 2007; second edition 2013], an intermediate microeconomics text. 

He has served as a coeditor of the RAND Journal of Economics, the leading journal in industrial organization, and is currently on the editorial board of the American Economic Journals: Microeconomics

Whinston received a BS in economics and an MBA in finance from the Wharton School at the University of Pennsylvania, and a PhD in economics  from MIT.

http://economics.mit.edu/faculty/whinston

 

Honors🔗

Whinston wins ACE Best Paper Award

Mike Whinston awarded Frisch Medal

Mike Whinston named Distinguished Fellow

Mike Whinston wins Robert F. Lanzilliotti Prize

Publications🔗

"A Multi-Risk SIR Model with Optimally Targeted Lockdown."

Acemoglu, Daron, Victor Chernozhukov, Ivan Werming, and Michael Whinston, MIT Sloan Working Paper 6102-20. Cambridge, MA: MIT Sloan School of Management, May 2020.

"Concentration Screens for Horizontal Mergers."

Nocke, Volker and Michael D. Whinston, MIT Sloan Working Paper 6027-19. Cambridge, MA: MIT Sloan School of Management, April 2020.

"Internal Versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy."

Mermelstein, Ben, Volker Nocke, Mark A. Satterthwaite, Michael D. Whinston. Journal of Political Economy Vol. 128, No. 1 (2020): 301-341.

"Chapter 2: Electrolux’s Attempted Acquisition of GE’s Appliance Business: U.S. v. AB Electrolux and General Electric."

Thompson, T. Scott, and Michael Whinston. In The Antitrust Revolution: Economics, Competition, and Policy, 7th Edition, edited by John E. Kwoka, Lawrence J. White, Oxford, UK: Oxford University Press, 2018.

"The Welfare Effects of Vertical Integration in Multichannel Television Markets."

Crawford, Gregory S., Robin S. Lee, Michael D. Whinston, and Ali Yurukoglu. Econometrica Vol. 86, No. 3 (2018): 891-954. Appendix. Download Paper.

"Property Rights and the Efficiency of Bargaining."

Segal, Ilya, and Michael D. Whinston. Journal of the European Economic Association Vol. 14, No. 6 (2016): 1287–1328.

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