Paul L. Joskow became President of the Alfred P. Sloan Foundation on January 1, 2008. He is also the Elizabeth and James Killian Professor of Economics, Emeritus at MIT. He received a BA from Cornell University in 1968 and a PhD in Economics from Yale University in 1972. Professor Joskow was an active member of the MIT faculty from July 1, 1972 until August 31, 2010 and served as Head of the MIT Department of Economics from 1994 to 1998. He was Director of the MIT Center for Energy and Environmental Policy Research from 1999 through 2007. At MIT he was engaged in teaching and research in the areas of industrial organization, energy and environmental economics, competition policy, and government regulation of industry. Professor Joskow has published six books and over 125 articles and papers in these areas. His papers have appeared in the American Economic Review, Bell Journal of Economics, Rand Journal of Economics, Journal of Political Economy, Journal of Law and Economics, Journal of Law, Economics and Organization, International Economic Review, Review of Economics and Statistics, Journal of Econometrics, Journal of Applied Econometrics, Yale Law Journal, New England Journal of Medicine, Foreign Affairs, Energy Journal, Electricity Journal, Oxford Review of Economic Policy and other journals and books.
Professor Joskow is a Director of Exelon Corporation and a Trustee of the Putnam Mutual Funds. He is a Trustee of Yale University and a member of the Board of Overseers of the Boston Symphony Orchestra. He previously served as a Director of New England Electric System, State Farm Indemnity Company, National Grid plc, TransCanada Corporation, and the Whitehead Institute of Biomedical Research. Professor Joskow has served on the U.S. EPA's Acid Rain Advisory Committee and on the Environmental Economics Committee of the EPA's Science Advisory Board. He is a member of the Scientific Advisory Board of the Institut d'Economie Industrielle and the Fondation Jean-Jacques Laffont (Toulouse, France), the chair of the National Academies Board on Science, Technology and Economic Policy (STEP), and a member of the Secretary of Energy Advisory Board (SEAB). He served as President of the Yale University Council from 1993 - 2006. Professor Joskow is a past-President of the International Society for New Institutional Economics, a Distinguished Fellow of the Industrial Organization Society, a distinguished Fellow of the American Economic Association, a Fellow of the Econometric Society, a Fellow of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, and a member of the Council on Foreign Relations.