Professor
Michael D. Whinston
Massachusetts Institute of Technology
Economist; Educator
Area
Social and Behavioral Sciences
Specialty
Economics
Elected
2008
Robert E. and Emily H. King Professor of Business Institutions. Developed theory of common agency, which is widely applied in both economics and political science. Theory extends the principal-agent framework with risk-neutral principals to situations in which several principals attempt to influence a common agent. Published studies on the strategic behavior of firms. Authored graduate text, Microeconomic Theory (1995).
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