Cornell University The Johnson School at Cornell University

2008 Headlines

Johnson School's Michael Waldman Assumes University Leadership Role

Acting Provost David Harris names Waldman director of the Institute for the Advancement of Economics at Cornell

September 2, 2008 | Ithaca, NY | Professor Michael Waldman has accepted an appointment as director of the Institute for the Advancement of Economics at Cornell. Acting Provost David Harris named Waldman to the post, effective October 1, 2008. Waldman is the Charles H. Dyson Professor of Management and a Professor of Economics at Cornell University's Johnson Graduate School of Management. He will take leadership of the institute from its first chairman, Francine D. Blau, the Frances Perkins Professor of Industrial and Labor Relations and Labor Economics.

The Institute for the Advancement of Economics at Cornell was formed by the provost with the support of the university's deans to improve and raise the profile of the economics discipline university-wide. It was previously known as Cornell?s Economics Council. The institute comprises leading economists from several Cornell schools and colleges. Their objectives are to coordinate teaching and research in economics and to improve economics-related decision making across the university's colleges and schools.

As director of the institute, Waldman will work closely with the provost's office to improve all aspects of economics at Cornell. He will be responsible for creating subcommittees that will study initiatives to further the council's objectives. In addition, he reports annually to the provost on the council's activities and progress.

Waldman has served on the faculty of the Johnson School as a full professor since 1991. He is widely recognized as one of his field's top researchers in the area of applied microeconomic theory, where his main fields of interest are industrial organization and organizational economics. In these areas, he is best known for his work on learning and signaling in labor markets, the operation of durable goods markets, and the strategic use of tying and bundling in product markets. In May 2008, Waldman and coauthors Dennis W. Carlton and Joshua Gans, won the Robert F. Lanzillotti Prize for the Best Paper in Antitrust Economics, presented at the 2008 International Industrial Organization Conference.

Waldman is listed in both the 3rd and 4th editions of Who's Who in Economics and in various editions of Marquis Who's Who in America, Marquis Who's Who in the World, Marquis Who's Who in Science and Engineering, and Marquis Who's Who in American Education. He holds a PhD from the University of Pennsylvania, and a bachelor's degree in economics from MIT.