Emeritus | Faculty
Richard Schmalensee served as the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007. He was a member of the President's Council of Economic Advisers from 1989 through 1991 and served for 12 years as Director of the MIT Center for Energy and Environmental Policy Research.
Professor Schmalensee is the author or coauthor of 11 books and more than 120 published articles, and he is co-editor of volumes 1 and 2 of the Handbook of Industrial Organization. His research has centered on industrial organization economics and its application to managerial and public policy issues, with particular emphasis on antitrust, regulatory, energy, and environmental policies. He has served as a consultant to the U.S. Federal Trade Commission, the U.S. Department of Justice, and numerous private corporations.
Professor Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He was the 2012 Distinguished Fellow of the Industrial Organization Society. He has served as a member Executive Committee of the American Economic Association and as a Director of the International Securities Exchange and other corporations. He is currently a Director of the National Bureau of Economic Research, and Chairman Emeritus of the Board of Directors of Resources for the Future.
Evans, David, and Richard L. Schmalensee. Boston, MA: Harvard Business Review Press, 2016.
Schmalensee, Richard L., and Robert N. Stavins. Review of Environmental Economics and Policy Vol. 11, No. 1 (2017): 59-79.
Evans, David S. and Richard Schmalensee. Boston: Competition Policy International, 2019.
Evans, David S. and Richard Schmalensee. CPI Antitrust Chronicle, June 2019.
Schmalensee, Richard and Robert N. Stavins. Resources, May 2019.
Schmalensee, Richard and Robert N. Stavins. Journal of Economic Perspectives Vol. 33, No. 4 (2019): 27-50. NBER link.
Short answer: Maybe. But there could be better ways of keeping market power in check.
Platforms, free innovation, millennial communication, and more platforms.
Source: London School of Economics - LSE Business Review
"Less concentration in social media is important. But the benefits to society depend on how the ownership of personal data will be regulated."
Source: London School of Economics - LSE Business Review
US and European experts discuss internet giants, and Google's dominance of search and operating practices.
Source: WNPR-FM | Where We Live
Prof. Emeritus and former MIT Sloan Dean Richard Schmalensee discusses energy policy on "Where We Live" from Connecticut Public Radio. (38:30)
Source: Harvard Kennedy School | Belfer Center (Audio)
Prof. Emeritus Richard Schmalensee, reflects on his many years working on environmental policy in public service and academia.
