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Northwestern University


Department of Management and Strategy
Kellogg School of Management
Northwestern University
Evanston, IL 60208

847-491-5482

Mark A. Satterthwaite

A. C. Buehler Professor in Hospital and Health Services Management

Professor of Managerial Economics

Professor of Strategic Management

Professor of Economics (by courtesy)

Director, General Motors Research Center for Strategy in Management

BS 1967, Economics, California Institute of Technology; MS1969, PhD 1973, Economics, University of Wisconsin, Madison

 
Academic Positions Held
 

Kellogg School of Management

    1972-1978 Assistant Professor of Managerial Economics
    1978-1983 Professor of Managerial Economics
    1978-1983 Chair, Department of Managerial Economics and Decision Sciences
    1983-2004 Earl Dean Howard Professor of Managerial Economics
    1983-present Professor of Economics (courtesy), Weinberg College of Arts and Sciences
    1985-present Professor of Management Strategy
    1987-present Director, General Motors Research Center for Strategy in Management
    1990-1992 Chair, Department of Management and Strategy
    1992-1996 Associate Dean for Academic Affairs
    2000-2002 Chair, Department of Management and Strategy
    2004-present A. C. Buehler Professor in Hospital and Health Services Management
   
  California Institute of Technology
    Winter 1989, Visiting Professor of Economics, California Institute of Technology
   
Courses / Topics Taught
 

Economics of Competition
Economics of Health Care

Computation of Equilibria

   
Professional Awards and Recognitions
 

1986 Fellow, Econometric Society
1987-present, Associate Editor, Journal of Economic Theory
2000 Founding Member, The Game Theory Society
2003 Tenth Annual Research Award

    National Institute for Health Care Management Foundation for "Is More Information Better? The Effects of Health Care Quality Report Cards" (with David Dranove, Daniel Kessler, and Mark McClellan).
  2004 Member, American Academy of Arts and Sciences
  2005 Stanley Reiter Best Paper Award
    "Is More Information Better? The Effects of Health Care Quality Report Cards" (with David Dranove, Daniel Kessler, and Mark McClellan). The award is presented annually for the article or monograph judged to be the best among the those published by Kellogg faculty in the proceeding four years.
   
Research Areas
  Microeconomic theory, industrial organization economics, health economics
   
Current Projects
  Efficiency of trading mechanisms as the market becomes large
Price and quality determination in health care
Dynamics of imperfect competition
Matching of buyers and sellers under asymmetric information
   
Representative Publications
 

"Dynamic Matching, Two-Sided Information, and Participation costs: Existenc and Convergence to Perfect Competition" (with Artyom Shneyerov). Forthcoming in Econometrica. Link to PDF.

"Competition and Market Power in Option Demand Markets" (with Cory Capps and David Dranove), Rand Journal of Economics 34 (Winter 2003): 737-63.

“Is More Information Better? The Effects of Health Care Quality Report Cards” (with David Dranove, Daniel Kessler, and Mark McClellan), Journal of Political Economy 111 (2003): 555-88. Winner of Tenth Annual (2003) Research Award, National Institute for Health Care Management Foundation and the 2005 Stanley Reiter Best Paper Award.

“The Optimality of a Simple Market Mechanism” (with Steven R. Williams), Econometrica 70 (2002): 1841-63.

"The Industrial Organization of Health Care Markets" (with D.Dranove), in The Handbook of Health Economics, ed. by A. Culyer and J. Newhouse, pp. 1093-1139. Amsterdam, Elsevier Science, 2000.

"Convergence to Efficiency in a Simple Market With Incomplete Information" (with Aldo Rustichini and Steven Williams), Econometrica 62 (1994), 1041-63.

"Efficient Mechanisms for Bilateral Trading" (with R. Myerson), Journal of Economic Theory 29 (April 1983), 265-81.

"Strategy-proofness and Arrow's Conditions: Existence and Correspondence Theorems for Voting Procedures and Social Welfare Functions" Journal of Economic Theory 10 (April 1975), 187-217.

  last modified 9/11/2006
©2001 Kellogg School of Management, Northwestern University