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.”
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