Richard Schmalensee is the Howard W. Johnson Professor of Economics and Management, Emeritus at the Massachusetts Institute of Technology (MIT). He served as the John C Head III Dean of the MIT Sloan School of Management from 1998 through 2007 and as Deputy Dean of MIT Sloan from 1996 through 1998. He was as a Member of the President's Council of Economic Advisers from 1989 through 1991. Professor Schmalensee’s research focuses on industrial organization and its applications. He is the author or co-author of 11 books and over 110 articles in professional journals and books, served as co-editor of volumes 1 and 2 of the Handbook of Industrial Organization. Professor Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences, and a member of the International Academy of Management. He has served on the National Commission on Energy Policy and the Executive Committee of the American Economic Association. He is a Director of the International Data Group, Resources for the Future, and the National Bureau of Economic Research. He has served as a consultant on antitrust matters to the U.S. Federal Trade Commission, the Antitrust Division of the U.S. Department of Justice, and numerous private firms. Professor Schmalensee serves as Chairman of the Editorial Board of Competition Policy International.