Kellogg World Alumni Magazine, Spring 2002Kellogg School of Management
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Prof. Reiter and Associate Dean Magee
©Thom Duncan/Kellogg
Stanley Reiter (L) with Associate Dean Robert Magee

New Reiter Award honors Kellogg School scholarship

By Matt Golosinski

The Kellogg School of Management has announced a new award that recognizes outstanding research and scholarship among the school’s faculty.

The Stanley Reiter Best Paper Award will be awarded annually and will highlight the academic article judged “best” among those published by Kellogg School faculty in the preceding four calendar years. A selection committee will accept nominations from Kellogg faculty and make a single selection based on the article’s creativity, craftsmanship and disciplinary impact. Kellogg now has two awards that recognize outstanding performance by a faculty member, the L.G. Lavengood Professor of the Year Award for outstanding teaching, and the Stanley Reiter Award for outstanding research.

Professor Reiter — who is the Charles E. and Emma H. Morrison Professor of Managerial Economics and Decision Sciences — was selected as the inspiration for the new award because of his unflagging commitment to research excellence, said Associate Dean for Academic Affairs Robert Magee.

“A lot of people view Stanley Reiter as the intellectual godfather of the research culture at the Kellogg School,” said Magee, who noted that he himself was drawn to Kellogg in part because of Reiter’s presence in what became the school’s Managerial Economics and Decision Sciences department (MEDS).

“Stanley helped found MEDS, and as a catalyst his rigorous style of research enticed a lot of other fine scholars to come to Kellogg — not only in MEDS, but in Finance as well,” Magee added.

Professor Reiter received his PhD in Economics from the University of Chicago in 1955 and joined the Kellogg School faculty in 1967. He has published four books and dozens of research papers in his career. He received a Guggenheim Memorial Grant in 1961 and is a Fellow of The Econometric Society, a Fellow of the American Association for the Advancement of Science, and a Fellow of the American Academy of Arts and Sciences.

Upon learning of the new award, Reiter expressed his pleasure at being honored in this way for his commitment to research at Kellogg. “A management school needs to have a high level of activity in research,” he said. “It also needs strong links to worldwide research communities in the fields that are basic to management.”

As one example of the importance of research, Reiter noted that the current MBA program at Kellogg now teaches many subjects that were the results of research conducted two or three decades ago.

“In my time at Northwestern University, I’ve tried to help build a research community with high standards and to work in the fields that are the disciplinary base of management practice,” said Reiter, adding that he believes the new award recognizes these objectives and testifies to Kellogg’s ongoing commitment to strive for research excellence.

“When you think of the quintessential teacher at Kellogg, you think of Gene Lavengood. When you think of the quintessential researcher at Kellogg, you think of Stanley Reiter,” said Magee. “His influence has worked its way into most if not all the academic departments at Kellogg, and now we have an award that recognizes his excellent contributions to our academic life.”

©2002 Kellogg School of Management, Northwestern University