Schmalensee, Richard

Richard Schmalensee
Former Director, Center for Energy and Environmental Policy Research
Howard W. Johnson Professor of Management Emeritus, Sloan School of Management
Professor of Economics Emeritus, Sloan School of Management
Dean Emeritus, MIT Sloan School of Management

Phone: 

617-253-2957

Office: 

E52-410

Bio

Biographical Statement:
Richard Schmalensee's research has centered on industrial organization economics and its application to managerial and public policy issues, with particular emphasis on antitrust, regulatory, and environmental policies. He served as the 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. Professor Schmalensee is the author or co-author of 11 books and over 110 articles in professional journals and books, and he is co-editor of volumes I and II of the Handbook of Industrial Organization. He is a member of the International Academy of Management and the National Commission on Energy Policy and a fellow of the Econometric Society and the American Academy of Arts and Sciences. He is a Director of the International Securities Exchange and the International Data Group, and Editor in Chief of Competition Policy Internationals.

Selected Publications:
Evans, D.S., and R. Schmalensee (editors), 2005: Paying with Plastic: The Digital Revolution in Buying and Borrowing, MIT Press, 2nd Edition, 338 p.

Kochan, T.A., and R. Schmalensee (editors), 2003: Management: TheInventing and Delivering Its Future, MIT Press, 323 p.

Schmalensee, R., P.L. Joskow, A.D. Ellerman, J.-P. Montero and E.M. Bailey, 2000: An interim evaluation of sulfur dioxide emissions trading, Economics of the Environment: Selected Readings, R. Stavins (ed.), Norton & Company, New York, pp. 455-471

Schmalensee, R.M., Stoker and R.A. Judson, 1998: World carbon dioxide emissions: 1950-2050,Review of Economics and Statistics, 80:15-27

Jacoby, H.D., R.G. Prinn and R. Schmalensee, 1998, Kyoto's unfinished business, Foreign Affairs, 77(4): 54-66

Schmalensee, R., Greenhouse Policy Architectures and Institutions, MIT Joint Program Report 13, November, 16 pages

Education + Credentials
Ph.D., Economics, Massachusetts Institute of Technology, 1970
Courses taught:
Energy Decisions, Markets, and Policies (15.031J)

Recent Publications

Working Paper
Schmalensee, R., V. Bulovic, R. Armstrong, C. Batlle, P. Brown, J. Deutch, H. Jacoby, R. Jaffe, J. Jean, R. Miller, F. O'Sullivan, J. Parsons, J.I. Pérez-Arriaga, N. Seifkar, R. Stoner and C. Vergara (2015). Massachusetts Institute of Technology, MIT Energy Initiative, May
Working Paper
Schmalensee, R., V. Bulovic, R. Armstrong, C. Batlle, P. Brown, J. Deutch, H. Jacoby, R. Jaffe, J. Jean, R. Miller, F. O'Sullivan, J. Parsons, J.I. Pérez-Arriaga, N. Seifkar, R. Stoner and C. Vergara (2015). Massachusetts Institute of Technology, MIT Energy Initiative, May
Joint Program Reprint, Journal Article
Schmalensee, R. (2012). Energy Economics, 34: S2-S6 [PDF]
Reilly, J., H. Jacoby, R. Prinn and R. Schmalensee (2011). The Huffington Post, May 20
Working Paper
Kassakian, J.G., R. Schmalensee, G. Desgroseilliers, T.D. Heidel, K. Afridi, A.M. Farid, J.M. Grochow, W.W. Hogan, H.D. Jacoby, J.L. Kirtley, H.G. Michaels, I. Perez-Arriaga, D.J. Perreault, N.L. Rose, G.L. Wilson (2011). Massachusetts Institute of Technology, MIT Energy Initiative, December

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