Richard L. Schmalensee
| Richard L. Schmalensee | |
|---|---|
| Doctoral students | Carl Shapiro[1] |
| Information at IDEAS / RePEc | |
Richard Lee "Dick" Schmalensee (born 1944) is the John C. Head III Dean, Emeritus and the Howard W. Johnson Professor of Management and Economics, Emeritus at the MIT Sloan School of Management. He holds a joint appointment with the Department of Economics at MIT.
Professor Schmalensee is an expert on regulation and antitrust policy, and is known for serving on the President's Council of Economic Advisers as well as his testimony in the Microsoft anti-trust trial, in which he testified as an expert witness in favor of Microsoft. Frank Fisher, another MIT economist who was Schmalensee's former thesis advisor, also testified in these trials, but in favor of the Department of Justice that was prosecuting Microsoft. Schmalensee is also an expert on energy and environmental policy and served on the National Commission on Energy Policy.
Schmalensee's most recent book is Catalyst Code (with David S. Evans), which deals with the management problems faced by multi-sided platform businesses. He is Chairman of Market Platform Dynamics, a consulting firm focused on such businesses, and a Director of The Global Economics Group.
Schmalensee received his S.B. and Ph.D. in Economics from MIT.