Edward Schlee

Professor
Faculty
TEMPE Campus
Mailcode
9801
Professor
Faculty
TEMPE Campus
Mailcode
9801

Biography

Edward Schlee studies the economics of uncertainty and information and the history of economic theory.  He  joined the W. P. Carey School in 1990.  He has held Visitng Professor positions at the University of Michigan and the Toulouse School of Economics, and visiting scholar positions at Stanford University,  the Toulouse School of Economics, and John Hopkins University. He has published articles in the American Economic Review, the RAND Journal of Economics, the Journal of Economic Theory, the Journal of Mathematical Economics, and the History of Political Economy

Professor Schlee was a member of the editorial board of American Economic Review from 2014-17. He has been an associate editor for the Geneva Papers on Risk and Insurance Theory since 1993 and for the Journal of Public Economic Theory since 2017. 

Education

  • Ph.D. Economics, University of Illinois 1988
  • B.A. Social Science (History, Philosophy, and Economics), University of North Texas 1982

Research Interests

Economics of Uncertainty and Information

Working Papers

  • "Insurance as a Lemons Market: Coverage Denials and Pooling" (with H. Chade). 
  • "The Welfare Cost of Uncertainty in Policy Outcomes," (with V. K. Smith).
  • "Radner's Cost-Benefit Analysis in the Small: A Correction and New Equivalences," conditionally accepted at Economics Letters.
  • "Money-Metric Utility in Applied Welfare Analysis: A Saddlepoint Rehabilitation." (with M. Ali Khan). 

Publications

Representative Publications

  • "Strategic Information Manipulation in Duopolies," (with L. Mirman and L. Samuelson), Journal of Economic Theory, 62 (1994): 363-384.
  • "The Value of Information in Efficient Risk Sharing Arrangements," American Economic Review, 91 (2001): 509-524.
  • "Optimal Insurance with Adverse Selection," (with H. Chade), Theoretical Economics, 7 (2012): 571-607.
  • "Surplus Maximization and Optimality," American Economic Review, 103, (2013): 2585-2611.

Courses

Summer 2018
Course NumberCourse Title
ECN 593Applied Project
ECN 791Seminar
ECN 792Research
ECN 795Continuing Registration
ECN 799Dissertation
Spring 2018
Course NumberCourse Title
ECN 584Internship
ECN 590Reading and Conference
ECN 592Research
ECN 593Applied Project
ECN 595Continuing Registration
ECN 599Thesis
ECN 790Reading and Conference
ECN 792Research
ECN 795Continuing Registration
ECN 799Dissertation
Fall 2017
Course NumberCourse Title
ECN 414Advanced Honors Microeconomics
ECN 590Reading and Conference
ECN 592Research
ECN 593Applied Project
ECN 595Continuing Registration
ECN 599Thesis
ECN 712Microeconomic Analysis I
ECN 790Reading and Conference
ECN 792Research
ECN 795Continuing Registration
ECN 799Dissertation
Fall 2016
Course NumberCourse Title
ECN 214Honors Microeconomics
ECN 414Advanced Honors Microeconomics
ECN 712Microeconomic Analysis I
Spring 2016
Course NumberCourse Title
ECN 214Honors Microeconomics
Fall 2015
Course NumberCourse Title
ECN 414Advanced Honors Microeconomics
ECN 712Microeconomic Analysis I
Spring 2015
Course NumberCourse Title
ECN 214Honors Microeconomics
Fall 2014
Course NumberCourse Title
ECN 312Intermed Microecon Theory
ECN 712Microeconomic Analysis I
Spring 2014
Course NumberCourse Title
ECN 214Honors Microeconomics
Fall 2013
Course NumberCourse Title
ECN 414Advanced Honors Microeconomics
ECN 712Microeconomic Analysis I

Honors/Awards

  • Excellence in Refereeing Award, American Economic Review,  2014. 
  • Dean's Council of 100 Distinguished Scholar, W. P. Carey School, 2001-2009.
  • Huizingh Honors Professor of the Year, W.P. Carey School, 2010. 
  • John W. Teets Teaching Excellence Award (Undergraduate), W. P. Carey School, ASU 2000.
  • Teaching Excellence Award (Graduate), W. P. Carey School, ASU, 1994.

Editorships

  • Member, Editorial Board, American Economic Review, 2014-
  • Associate Editor, Journal of Public Economic Theory, 2017-
  • Associate Editor, Geneva Papers on Risk and Insurance Theory, 1993-
  • Member, External Advisory Board, Department of Economics, University of Illinois.

Work History

<p>University of Alabama: 1988-90.&nbsp;</p> <p><em>Visiting Professor</em>: University of Michigan, IDEI (Toulouse).&nbsp;</p> <p><em>Visiting Scholar</em>: CORE (Belgium), Stanford University, Toulouse School of Economics, Johns Hopkins University.&nbsp;</p>