Richard L. Schmalensee
Richard Lee "Dick" Schmalensee is the John C. Head III Dean, Emeritus and the Howard W. Johnson Professor of Management, Emeritus at the MIT Sloan School of Management. He is also Professor of Economics, Emeritus, at 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 from 1989 through 1991 as well as his testimony in the Microsoft antitrust 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 He is Chairman, Emeritus of the Board of Resources for the Future and a member of the Executive Committee of the Board of the National Bureau of Economics Research.
Schmalensee's most recent book is Matchmakers, which deals with the economics of and management challenges 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.
