About the Program

The Berkeley-Haas PhD Program offers seven fields of academic study, for a curriculum of unusual richness and breadth. Since the program enrolls only 14 to 16 new PhD students each year, you work very closely with the faculty members in their chosen specialties. 

The Berkeley-Haas PhD Program is strongly oriented toward discipline and research. Emphasis is placed on preparing you to evaluate the state of knowledge in your particular field and to advance it through the application of theory from the social sciences, mathematics, or statistics.

Upon applying to the program, you are required to choose a field of study, which will not only determine your coursework, but also focus your future employment opportunities. You may choose from the following six fields:

• Accounting
• Business and Public Policy
• Finance
• Marketing
• Management of Organizations
• Real Estate

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Admissions

Admission to the University

Minimum Requirements for Admission

The following minimum requirements apply to all graduate programs and will be verified by the Graduate Division:

1. A bachelor’s degree or recognized equivalent from an accredited institution;
2. A grade point average of B or better (3.0);
3. If the applicant comes from a country or political entity (e.g., Quebec) where English is not the official language, adequate proficiency in English to do graduate work, as evidenced by a TOEFL score of at least 90 on the iBT test, 570 on the paper-and-pencil test, or an IELTS Band score of at least 7 (note that individual programs may set higher levels for any of these); and
4. Sufficient undergraduate training to do graduate work in the given field.

Applicants Who Already Hold a Graduate Degree

The Graduate Council views academic degrees not as vocational training certificates, but as evidence of broad training in research methods, independent study, and articulation of learning. Therefore, applicants who already have academic graduate degrees should be able to pursue new subject matter at an advanced level without need to enroll in a related or similar graduate program.

Programs may consider students for an additional academic master’s or professional master’s degree only if the additional degree is in a distinctly different field.

Applicants admitted to a doctoral program that requires a master’s degree to be earned at Berkeley as a prerequisite (even though the applicant already has a master’s degree from another institution in the same or a closely allied field of study) will be permitted to undertake the second master’s degree, despite the overlap in field.

The Graduate Division will admit students for a second doctoral degree only if they meet the following guidelines:

1. Applicants with doctoral degrees may be admitted for an additional doctoral degree only if that degree program is in a general area of knowledge distinctly different from the field in which they earned their original degree. For example, a physics PhD could be admitted to a doctoral degree program in music or history; however, a student with a doctoral degree in mathematics would not be permitted to add a PhD in statistics.
2. Applicants who hold the PhD degree may be admitted to a professional doctorate or professional master’s degree program if there is no duplication of training involved.

Applicants may apply only to one single degree program or one concurrent degree program per admission cycle.

Required Documents for Applications

1. Transcripts: Applicants may upload unofficial transcripts with your application for the departmental initial review. If the applicant is admitted, then official transcripts of all college-level work will be required. Official transcripts must be in sealed envelopes as issued by the school(s) attended. If you have attended Berkeley, upload your unofficial transcript with your application for the departmental initial review. If you are admitted, an official transcript with evidence of degree conferral will not be required.
2. Letters of recommendation: Applicants may request online letters of recommendation through the online application system. Hard copies of recommendation letters must be sent directly to the program, not the Graduate Division.
3. Evidence of English language proficiency: All applicants from countries or political entities in which the official language is not English are required to submit official evidence of English language proficiency. This applies to applicants from Bangladesh, Burma, Nepal, India, Pakistan, Latin America, the Middle East, the People’s Republic of China, Taiwan, Japan, Korea, Southeast Asia, most European countries, and Quebec (Canada). However, applicants who, at the time of application, have already completed at least one year of full-time academic course work with grades of B or better at a US university may submit an official transcript from the US university to fulfill this requirement. The following courses will not fulfill this requirement:
   • courses in English as a Second Language,
   • courses conducted in a language other than English,
   • courses that will be completed after the application is submitted, and
   • courses of a non-academic nature.

If applicants have previously been denied admission to Berkeley on the basis of their English language proficiency, they must submit new test scores that meet the current minimum from one of the standardized tests.

Where to Apply

Visit the Berkeley Graduate Division application page . 

Doctoral Degree Requirements

Curriculum

Accounting Field

Business and Public Policy Field 

Finance

Management of Organizations Field 

 Marketing Field

 Real Estate Field

Courses

Business Administration: PhD

Faculty and Instructors

+ Indicates this faculty member is the recipient of the Distinguished Teaching Award.

Faculty

Cameron Anderson, Professor. Status hierarchies, psychology of power, self and interpersonal perception.
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Ned Augenblick, Assistant Professor. Theoretical and empirical analysis of online markets.
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Aaron Bodoh-Creed, Assistant Professor. Industrial organization, market design, psychology and economics.
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Severin Borenstein, Professor. Energy policy and climate change, electricity deregulation, airline competition, oil and gasoline market pricing and competition.
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Dana Carney, Associate Professor. Ethics, social cognition, social judgment and decision making, nonverbal communication, power and influence, prejudice and discrimination.
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Jennifer Chatman, Professor. Organizational culture and firm performance, group demography, norms in social groups.
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Henry Chesbrough, Adjunct Professor.

Victor Couture, Assistant Professor. Urban economics, transportation.
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Clayton Critcher, Associate Professor. Judgment and decision making, consumer experience, the self, moral psychology, social cognition.
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Ernesto Dal Bo, Professor. Applied microeconomic theory, political economy, corruption and influence, collective decision-making, coercion.
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Lucas Davis, Associate Professor. Energy and environmental economics, applied microeconomics, public finance.
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Rui de Figueiredo, Associate Professor. Game theory, methodology and econometrics, non-market strategy, institutions and organizations, bureaucratic organization, American politics.
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Mathijs de Vaan, Assistant Professor. Economic sociology, social network analysis, causal inference.
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Patricia Dechow, Professor. Accounting accruals, quality and reliability of earnings, use of earnings information in predicting stock returns.
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+ Stefano DellaVigna, Professor. Behavioral economics.
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Sunil Dutta, Professor. Performance measures, incentive contracts, accounting information, cost of capital, equity valuation.
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Omri Even-Tov, Assistant Professor. Corporate debt, relation between accounting information, bond returns, and stock returns, analysts as information intermediaries.
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Ellen Evers, Assistant Professor. Judgment and decision making, collecting, pattern perception, moral psychology.
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Pnina Feldman, Assistant Professor. Operations economics, operations management incorporating strategic consumer behavior, pricing strategies, operations-marketing interface, behavioral operations.
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Frederico Finan, Associate Prfessor. Applied microeconomics, development economics, political economy.
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Lee Fleming, Professor. Strategies for product invention, integration of scientific and empirical search strategies, recombination of diverse technologies, innovation.
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William Fuchs, Assistant Professor. Dynamics, asymmetric information, contracting with limited enforcement.
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Nicolae Garleanu, Professor. Asset pricing, liquidity, contracts, financial innovations, security design, auctions.
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Paul Gertler, Professor. Impact evaluation, health economics.
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Andreea Gorbatai, Assistant Professor. Social structures, social norms, open innovation, collective entrepreneurship.
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Pierre-Olivier Gourinchas, Professor. International macroeconomics and finance.
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Brett Green, Assistant Professor. Information economics, dynamic games, contract theory, sports economics.
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Jose Guajardo, Assistant Professor. Business model innovation, business analytics, service innovation, operations strategy, operation-marketing interface.
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Heather Haveman, Professor. Organizational theory, economic sociology, historical sociology, entrepreneurship, organizational development.
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Terrence Hendershott, Professor. Management of information systems, role of information technology in financial markets, electronic communications networks and stock market design.
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Benjamin Hermalin, Professor. Corporate governance, executive compensation, economics of leadership and organization, contract theory, competitive strategy and industrial organization.
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Teck Ho, Professor. Behavioral pricing and revenue model design, bounded rationality, emotional gaming, strategic intelligence quotient.
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Ming Hsu, Associate Professor. Marketing, customer insights, neuroscience, consumer decision-making.
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Ganesh Iyer, Professor. Competitive marketing strategy, distribution channels, marketing information, internet institutions and competition, bounded rationality.
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Drew Jacoby-Senghor, Assistant Professor.

Paul Jansen, Adjunct Professor.

Przemyslaw Jeziorski, Assistant Professor. Industrial organization, quantitative marketing, dynamic games.
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Yuichiro Kamada, Assistant Professor. Revision games, solution concepts for games, social networks, market design, communication, political economy.
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Zsolt Katona, Associate Professor. Online marketing, search advertising, network economics, social networks.
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Michael Katz, Professor. Economics of network industries, intellectual property licensing, telecommunications policy, cooperative research and development.
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Amir Kermani, Assistant Professor. Monetary policy, macroeconomics and housing, securitization market and political economy.
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Jonathan Kolstad, Assistant Professor. Health economics, industrial organization, public economies, applied microeconomics.
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Yaniv Konchitchki, Assistant Professor. Macro-accounting, linkages between accounting information, stock returns, and the macroeconomy.
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Laura Kray, Professor. Negotiation, gender stereotypes, counterfactual mindsets, group decision making, organizational justice.
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Alastair Lawrence, Assistant Professor. Financial disclosures and reporting issues, SEC comment letters, how investors demand financial information, auditing issues.
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Thomas Lee, Associate Adjunct Professor.

Jonathan Leonard, Professor. Employee incentives, affirmative action, job creation, workplace regulation.
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Martin Lettau, Professor. Finance, asset pricing, stocks, bonds.
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Ming Leung, Assistant Professor. Organizational theory, economic sociology, markets, categorization, strategy.
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David Levine, Professor. Organizational learning, economic development, management, workplace, health and education in poor nations.
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Ross Levine, Professor. Financial regulation and economic growth, income inequality, poverty, financial crises, political economy, international capital flows, entrepreneurship.
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Dmitry Livdan, Associate Professor. Asset pricing, informational economics, corporate finance.
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+ Richard Lyons, Professor. Exchange rate economics, microstructure finance, international finance.
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+ Ulrike Malmendier, Professor. Corporate finance, behavioral economics, behavioral finance, economics of organizations, contract theory, law and economics.
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Gustavo Manso, Associate Professor. Corporate finance, entrepreneurship, financial institutions, financial markets.
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Kellie McElhaney, Associate Adjunct Professor.

Conrad Miller, Assistant Professor. Hiring, job networks, affirmative action in the labor market, spatial labor market frictions.
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Don Moore, Professor. Overconfidence in decision-making, negotiation, and ethical choice.
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Enrico Moretti, Professor. Labor economics, urban economics.
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John Morgan, Professor. Competition in online markets, elections and polling, communication in organizations, experimental economics.
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Adair Morse, Associate Professor. Household finance, entrepreneurship, corruption & governance, asset management, development.
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Abhishek Nagaraj, Assistant Professor.

Noel Nellis, Adjunct Professor.

Leif Nelson, Professor. Human judgment and decision making, consumer preferences and choices, consumption experience and consumer well being.
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Alexander Nezlobin, Assistant Professor. Equity valuation, managerial performance measurement, real options, profitability analysis, monopoly regulation.
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Hoai-Luu Nguyen, Assistant Professor.

Terrance Odean, Professor. Behavioral finance, investor behavior, investor welfare, influence of individual investors on asset prices.
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Marcus Opp, Assistant Professor. Corporate finance, contract theory, DSGE models, trade theory.
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Christopher Palmer, Assistant Professor. Mortgage finance, housing markets, foreclosure crisis, structured finance, gentrification, applied econometrics.
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Yiangos Papanastasiou, Assistant Professor. Dynamic pricing, operations.
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Minjung Park, Assistant Professor. Marketing and microeconometrics, industrial organization, firm behavior .
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Christine Parlour, Professor. Banking, market design.
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Panos Patatoukas, Associate Professor. Measuring and forecasting economic activity using financial statement analysis, valuation, cross-industry economic links, supply-chain performance, financial reporting.
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Trond Petersen, Professor. Organizations, social stratification, inequality, economic sociology, comparative studies, quantitative methods.
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Kristiana Raube, Adjunct Professor.

Andrew Rose, Professor. International trade patterns, contagion in currency crises, exchange rate determination, banking and exchange crises in developing countries, exchange rate regimes.
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Christine Rosen, Associate Professor. History of business and the environment, business history, green chemistry, sustainable business strategies.
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Raul Sanchez de la Sierra, Assistant Professor. Development economics, political economy, taxation, government.
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Juliana Schroeder, Assistant Professor. Social cognition, judgment and decision-making, interpersonal and intergroup processes.
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Carl Shapiro, Professor. Design and use of patents, anti-trust economics, intellectual property and licensing.
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Stephen Shortell, Professor. Organizational correlates of quality and outcomes of care, evaluation of total quality management and community-based health improvement initiatives.
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Nora Silver, Adjunct Professor.

Richard Sloan, Professor. Accounting information and stock returns, earnings management, role of analysts and auditors as information intermediaries.
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David Sraer, Associate Professor. Behavioral finance, corporate finance, entrepreneurship and venture capital, organizations.
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Sameer Srivastava, Assistant Professor. Organizational sociology, organizational theory, network analysis, culture and cognition, economic sociology, research design and methods.
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Richard Stanton, Professor. Mortgage and lease markets, term structure modeling, mutual funds and risk management, employee stock options.
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Toby Stuart, Professor. Corporate strategy, entrepreneurship.
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Steven Tadelis, Professor. E-commerce, economics of organizations, procurement contracting, theory of the firm and industrial organization, contract theory, game theory.
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Terry Taylor, Professor. Social responsibility in and economics of operations management, supply chain management, marketing-operations interface.
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David Teece, Professor. Role of product and process development, intellectual property, competitive performance, innovation and organization of industry.
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J. Miguel Villas-Boas, Professor. Competitive strategy, customer relationship management, internet strategies, organization design.
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Annette Vissing-Jorgensen, Professor. Household consumption and portfolio choice, stock market participation, returns to entrepreneurial investment, corporate governance.
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Johan Walden, Associate Professor. Asset pricing, heavy-tailed risks, networks and capital markets.
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William (Reed) Walker, Assistant Professor. Environmental economics, labor and public economics.
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Nancy Wallace, Professor. Housing price indices, mortgage prepayment and pricing models, option pricing models, executive stock option valuable.
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James Wilcox, Professor. Banking, business conditions, conversions.
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Catherine D. Wolfram, Professor. Energy markets, environmental regulation.
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Candace Yano, Professor. Supply chain management, service systems management, production-quality interface issues, marketing-production interface issues.
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Noam Yuchtman, Associate Professor. Educational institutions, human capital, historical development, labor market institutions, law and economics, political institutions, social interactions.
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Xiao-Jun Zhang, Professor. Financial statement analysis, financial accounting theory, international accounting.
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Affiliated Faculty

Vinod Aggarwal, Affiliated Professor.

Joseph Farrell, Affiliated Professor.

Morten Hansen, Affiliated Professor.

Robert P. Merges, Affiliated Professor. Antitrust, intellectual property, property rights, patent law, law and economics, copyright law, digital content, online contracts.
Research Profile

Lecturers

Deepak Agrawal, Lecturer.

Wasim Azhar, Continuing Lecturer.

Homa Bahrami, Senior Continuing Lecturer.

Cristina Banks, Senior Continuing Lecturer.

+ Sara Beckman, Senior Lecturer SOE.

Steven Blank, Continuing Lecturer.

David Charron, Continuing Lecturer.

John Danner, Continuing Lecturer.

Timothy Dayonot, Lecturer.

Stephen Etter, Continuing Lecturer.

William Falik, Continuing Lecturer.

William Fanning, Continuing Lecturer.

C. Sean Foote, Continuing Lecturer.

Peter Goodson, Continuing Lecturer.

Ernest Gundling, Continuing Lecturer.

Lynne Heinrich, Continuing Lecturer.

Daniel Himelstein, Continuing Lecturer.

Andrew Isaacs, Senior Continuing Lecturer.

Arina Isaacson, Continuing Lecturer.

Gregory La Blanc, Continuing Lecturer.

Sumon Mazumdar, Continuing Lecturer.

Peter Molloy, Continuing Lecturer.

Samuel Olesky, Continuing Lecturer.

Terry Opdendyk, Continuing Lecturer.

Arturo Perez-Reyes, Continuing Lecturer.

John (Jack) Phillips, Continuing Lecturer.

Mark Rittenberg, Continuing Lecturer.

David Robinson, Senior Continuing Lecturer.

Alan Ross, Continuing Lecturer.

Holly Schroth, Senior Continuing Lecturer.

Frank Schultz, Continuing Lecturer.

Fred Selinger, Continuing Lecturer.

F. Victor Stanton, Senior Continuing Lecturer.

Sarah Tasker, Continuing Lecturer.

Peter Thigpen, Continuing Lecturer.

Krystal Thomas, Continuing Lecturer.

Paul Tiffany, Senior Continuing Lecturer.

Lynn Upshaw, Continuing Lecturer.

Steven A. Wood, Continuing Lecturer.

Cort Worthington, Continuing Lecturer.

Emeritus Faculty

David Aaker, Professor Emeritus.

K. Roland Artle, Professor Emeritus.

Alan Cerf, Professor Emeritus.

Robert Cole, Professor Emeritus.

Robert Edelstein, Professor Emeritus.

Edwin Epstein, Professor Emeritus.

Joseph Garbarino, Professor Emeritus.

Mark Garman, Professor Emeritus.

Michael Gerlach, Associate Professor Emeritus.

Rashi Glazer, Professor Emeritus.

Nils Hakansson, Professor Emeritus.

Robert SN, Associate Professor Emeritus. Japan, Europe, U.S., competitive strategy, industry policy, antitrust regulation, mergers and acquisitions, telecommunications and transportation industries, comparative industry policies, performance in emerging technologies.
Research Profile

Leo Helzel, Adjunct Professor Emeritus.

Hayne Leland, Professor Emeritus.

James Lincoln, Professor Emeritus.

Thomas Marschak, Professor Emeritus.

Terry Marsh, Associate Professor Emeritus.

Barbara Mellers, Professor Emeritus.

Robert Meyer, Professor Emeritus.

Raymond Miles, Professor Emeritus.

David Mowery, Professor Emeritus.

John Myers, Professor Emeritus.

Charles O'Reilly, Professor Emeritus.

David Pyle, Professor Emeritus.

Karlene Roberts, Professor Emeritus.

Mark Rubinstein, Professor Emeritus.

Pablo Spiller, Professor Emeritus.

Barry Staw, Professor Emeritus.

George Strauss, Professor Emeritus.

Philip Tetlock, Professor Emeritus.

+ M. Frances Van Loo, Associate Professor Emeritus.

Hal Varian, Professor Emeritus.

David Vogel, Professor Emeritus.

Oliver Williamson, Professor Emeritus.

Janet Yellen, Professor Emeritus.