Professor David Besanko is IBM Professor of Regulation & Competitive Practices at the Kellogg School of Management at Northwestern University.
Besanko is a Kellogg graduate, having received his Ph.D. in Managerial Economics and Decision Sciences in 1981. He received his AB in Political Science from Ohio University in 1977. Before joining the Kellogg faculty in 1991, Professor Besanko was a member of the faculty of the School of Business at Indiana University from 1982 to 1991. In addition, in 1985, he held a post-doctorate position on the Economics Staff at Bell Communications Research.
Professor Besanko teaches courses in Microeconomics and Competitive Strategy. In 1995, 2010, and 2016, the graduating class at Kellogg awarded Professor Besanko the L.G. Lavengood Professor of the Year, the highest teaching honor a faculty member at Kellogg can receive. In 2015 Professor Besanko received the Faculty Pioneer Award from the Aspen Institute's Business and Society Program (dubbed the "Oscar of the business school world" by the Financial Times). He was a finalist for that award in 2013. At the Kellogg School, Professor Besanko has received the Sidney J. Levy Teaching Award (1998, 2000, 2011, 2013), the Chair's Core Teaching Award (1999, 2001, 2003, 2005), and the Faculty Certificate of Impact (2009, 2010, 2011, 2012, 2013, 2015, 2016, 2017, and 2018).
Professor Besanko research covers topics relating to industry dynamics, economics of regulation, and industrial organization. He has received grants from the National Science Foundation and from the Citicorp Behavioral Science Research Council to support this research. He is a member of the editorial boards of The Journal of Regulatory Economics, Business and Politics and Quantitative Marketing and Economics. He has over 50 articles published and forthcoming in leading professional journals in economics and business. Among other places, his work has appeared in the American Economic Review, the Quarterly Journal of Economics, the RAND Journal of Economics, the Review of Economic Studies, The Journal of Law and Economics, and Management Science. Along with David Dranove, Mark Shanley and Scott Schaefer, Professor Besanko is a co-author of Economics of Strategy, a widely used textbook in MBA courses on strategic management and competitive strategy. His textbook Microeconomics with Ron Braeutigam is now in its fifth edition.
Professor Besanko served as the chair of the Department of Management and Strategy from 1992 through 1996. During the academic year 2000-2001, he chaired the search committee to identify the new Kellogg dean. From 2001 to 2003, he served as Kellogg's Senior Associate Dean for Curriculum and Teaching, and from 2007 to 2009 he served as Senior Associate Dean for Strategy and Planning.
"Leading voices" is a half credit course intended to engage Kellogg students in the role of business in public leadership. Students will be exposed to leading experts in current issues, develop specific knowledge, and explore various viewpoints, before choosing a specific topic to analyze and then develop and advocate a point of view.
Field Study (KPPI-498-5)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.
Public Economics for Business Leaders: Federal Policy (KPPI-470-0)
To be an effective business leader in today's complex world requires an understanding of the important public policy issues facing society. Managers need to understand society's problems and the range of possible public solutions and policies in order to know how to influence, incorporate and respond to public actions. This class will enable students to understand, analyze and take the perspective of government and non-government organizations as they attempt to alleviate societal problems. Topics include the interface of government and business, the justification for and principle methods of government intervention in the market place, the primary means of paying for government, measuring the costs and benefits of government policies, and current policy applications such as social security reform, education policy, health insurance and tax reform.