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Richard Schmalensee

Professor of Economics and Management Emeritus; Dean Emeritus, MIT Sloan School of Management

Research Fields

Environmental Economics, Industrial Organization

Contact Information

Office Phone 617-253-2957
Email Address rschmal@mit.edu
Office E62-525
Assistant Name Emily Fairbanks
Assistant Phone 617-253-8959


Richard Schmalensee is the Howard W. Johnson Professor of Management Emeritus and Professor of Economics Emeritus at the Massachusetts Institute of Technology (MIT) and served as the John C. Head III Dean of the MIT Sloan School of Management from 1998 through 2007. Prof. Schmalensee was a Member of President G. H. W. Bush’s Council of Economic Advisers from 1989 through 1991 and served for 12 years (1991-99 and 2008-12) as Director of the MIT Center for Energy and Environmental Policy Research. He received his undergraduate and Ph.D. degrees from MIT, taught at the University of California, San Diego from 1970 until 1977, and then joined the MIT faculty.

Featured Awards & Honors

Distinguished Fellow, Industrial Organization Society
Member, International Academy of Management
Member, American Academy of Arts and Sciences
Executive Committee, American Economic Association (1993-1995)
Fellow, Econometric Society