ADDRESS               Department of Economics, Box 1208
                             Washington University
                             One Brookings Drive
                             St. Louis, Missouri 63130 USA

                              E-mail:  benham@wustl.edu
                              Phone:  +1 314 935-4535
                              Fax:      +1 314 935-4156

MARITAL STATUS     Married - Alexandra Benham

CITIZENSHIP           USA     

EDUCATION             Knox College, B.A. Mathematics, 1962
                              Stanford University, Ph.D. Economics, 1970

PUBLICATIONS
Migration, Location and Remuneration of Medical Personnel:  Physicians and Dentists, Review of Economics and Statistics (August, 1968), with Alex Maurizi and Melvin Reder.  Reprinted in Readings in labor Market Analysis (New York: Holt, Rinehart & Winston, 1971), edited by John Burton, Lee Benham, Robert Flanagan, and William Vaughn.

Factors Affecting the Relationship Between Family Income and Medical Care Consumption, in Empirical Studies in Health Economics, edited by Herbert Klarman (Baltimore:  The Johns Hopkins Press, 1970), with Ronald Andersen.    
Readings in Labor Market Analysis (New York: Holt, Rinehart & Winston, 1971), co-editor.

The Labor Market for Registered Nurses:  A Three Equation Model, The Review of Economics and Statistics (August 1971).

The Effect of Advertising on the Price of Eyeglasses, The Journal of Law and Economics (October 1972). Selected as a citation classic by Social Science Citation Index.

The Benefits of Women’s Education Within Marriage, Journal of Political Economy, vol. 82, no. 2, Part II, March/April 1974.  Reprinted in Economics of the Family:  Marriage, Children, and Human Capital, edited by Theodore W. Schultz (Chicago: University of Chicago Press, 1974).

Health, Hours and Wages, in The Economics of Health and Medical Care, edited by Mark Perlman (London:  Macmillan, 1974), with Michael Grossman.    
Women’s Economic Returns from College, Graduate Education, and Nurses’ Training Through Earnings and Marriage, in Sex, Discrimination, and the Division of Labor, edited by Cynthia Lloyd (Columbia University Press, 1975).    
Regulating Through the Professions:  A Perspective on Information Control, The Journal of Law and Economics (October, 1975), with Alexandra Benham.

The Impact of Incremental Medical Services on Health Status, 1963-1970, in Equity in Health Services, edited by Ronald Andersen, et al. (Cambridge, Mass: Ballinger Publishing Company, 1975), with Alexandra Benham. 

Utilization of Physician Services Across Income Groups, 1963-1970 in Equity in Health Services, edited by Ronald Andersen, et al. (Cambridge, Mass:  Ballinger Publishing Company, 1975), with Alexandra Benham. 

Guilds and the Form of Competition in the Health Care Sector, in Competition in the Health Care Sector.  Proceedings of a Conference sponsored by the Bureau of Economics, Federal Trade Commission, edited by Warren Greenberg (Germantown, Maryland:  Aspen Systems Corporation, 1978).   

Factors Affecting the Choice Between Two Prepaid Plans, Medical Care (August 1978), with Anne A. Scitovsky and Nelda McCall.

Prospects for Increasing Competition in the Professions, in The Profession and the Public, (University of Toronto Press, 1978), with Alexandra Benham.   

Market and Nonmarket Alternatives to Regulation of Academic Health Centers in Association for Academic Health Science Centers, Proceedings:  Accountability of Academic Health Centers (Arlington, Virginia: October, 1978).

Use of Physician Services Under Two Prepaid Plans, Medical Care (May 1979), with Anne A. Scitovsky and Nelda McCall.

The Informer’s Tale, in Regulating the Professions: A Public Policy Symposium, edited by Roger Blair and Stephen Rubin (D.C. Heath and Company, 1980), with Alexandra Benham.

The Demand for Occupational Licensure, in Occupational Licensure, edited by Simon Rottenberg, (American Enterprise Association, 1980).

Out-of-Plan Use Under Two Prepaid Plans, Medical Care December 1981), with Anne Scitovsky and Nelda McCall.

Employment, Earnings and Psychiatric Diagnosis, in Economic Aspects of Health, National Bureau of Economic Research, edited by Victor Fuchs (Chicago: University of Chicago Press, 1982), with Alexandra Benham.

Review of Victor Fuchs, How We Live:  An Economic Perspective on Americans from Birth to Death, in Journal of Political Economy (August 1984).

Utilization of Health and Mental Health Services: Three Epidemiological Catchment Sites, Archives of General Psychiatry, 41:10, 971-978 (October 1984), with S. Shapiro et al.

Is the Quiet Life the Best of All (Regulated) Monopoly Profits, The Journal of Health Economics, December 1986, Vol. 5, No. 4, with Gili Yen.

Licensure and Competition in Medical Markets, in Regulating Doctors’ Fees:  Competition, Benefits and Controls Under Medicare, edited by H.E. Frech III, (Washington, DC: AEI Press, 1991), pp. 74-90.

Agenda Control, Voter Homogeneity and the Survival of Voting in Firms, Economic Inquiry, October 1991, with Philip Keefer.

Institutional Reform in Central and Eastern Europe:  Altering Paths with Incentives and Information, (St. Louis, MO: International Center for Economic Growth, 1995), with Alexandra Benham and Michael Merithew.  

On Improving Egypt’s Economic Performance:  The Extent of the Market is Limited by the Costs of Exchange, Egyptian Center for Economic Studies, 1997.

Property Rights in Transition Economies: A Commentary on What Economists Know, in Transforming Post-Communist Political Economies, with Alexandra Benham, edited by Joan M. Nelson, Charles Tilly, and Lee Walker, (Washington DC: National Academy Press, 1998).

Measuring the Costs of Exchange, in Institutions, Contracts and Organizations:  Perspectives from New Institutional Economics, with Alexandra Benham, edited by Claude Ménard, (Cheltenham, UK: Edward Elgar, 2000).

Licit and Illicit Responses to Regulation, in Handbook of New Institutional Economics, edited by Claude Menard and Mary Shirley (Dordrecht, Netherlands: Springer, 2005).

"Institutional Economics: A Crucial Tool for Understanding Economic Development," 2009, in Ekonomický časopis, 57 (6), 603-607 (with Lee Benham, Urban Kováč, John Nye, Maroš Servátka, and Mary M. Shirley).

"The Costs of Exchange," forthcoming, in Peter G. Klein and Michael E. Sykuta, editors, The Elgar Companion to Transaction Cost Economics, Cheltenham, UK: Edward Elgar (with Lee Benham).


WORKING PAPERS
Questionnaire on Costs of Exchange: Registering a New Business Officially , September 2003 (with Lee Benham, Brian Gunia, Miguel Jaramillo, Mary Shirley, and Decio Zylbersztajn).

The Costs of Exchange , July 2001 (with Alexandra Benham).


RECOGNITION
Who’s Who in Economics: A Biographical Dictionary of Major Economists 1700-1986
     Cambridge: MIT Press, 1986. 

Recognized as author of a citation classic by Social Sciences Citation Index.

International Society for New Institutional Economics - Lifetime Achievement Award, 2008

ACTIVITIES CONCERNING NEW INSTITUTIONAL ECONOMICS
International Center: organizer and faculty member, Summer Program on Training in New Institutional Economics for Economists from Transition Countries, Tübingen University, four programs 1991-1998.

International Society for New Institutional Economics: a founder and co-organizer
(with Alexandra Benham) of its inaugural conference, St. Louis, Missouri, USA, 1997. Served as vice-president, secretary, and board member.

Center for New Institutional Social Sciences, Washington University: member.

Ronald Coase Institute: a founder and board member.  Organizer and faculty member for workshops in Berkeley, Rio de Janeiro, St. Louis, Cambridge, Budapest, São Paulo, Tucson, Barcelona, Boulder, Reykjavik, Singapore, Philippines, Beijing, Bratislava, Xiamen, Moscow.  Presentations at conferences jointly sponsored by the University of Chicago 2003, 2004, and 2006, and by the Center for International Private Enterprise 2003.

Contracting and Organizations Research Institute, University of Missouri: advisory board member.

Coase Foundation: board member.  


EXPERIENCE         
Instructor, Assistant Professor, Graduate School of Business, University of Chicago, 1967-1974.
    
Associate Professor of Economics, Washington University, St. Louis, 1974-1981.
    
Associate Professor of Economics in Preventive Medicine, Washington University School of Medicine, 1974-1987.
    
Research Associate, Center for the Study of American Business, Washington University, 1976-2000.
    
Director of the Regulatory Workshop, Washington University, 1978-1990.     
Professor of Economics, Washington University, 1981-present.
     
Acting Department Chair of Economics, Washington University, 1987-1988.

National Science Council Visiting Lectureship, Taiwan, 1990. 
    
Faculty member, Tübingen Summer Program for East European Economics, 1993-1995, 1997-1998.
     
Lecture Series in Balkans, sponsored by International Center for Economic Growth, Summer 1994.
    
Visiting Lecturer at Faculty of Economics, St. Petersburg State University, St. Petersburg, Russia, May 1999, May 2000.
    
Director of the Undergraduate Honors Seminar in Economics, Washington University, 1990-present.  Supervised approximately 10 honors theses per year.
    
Director of Graduate Studies in Economics, Washington University, 1994-2000.
    
Faculty member, St. Petersburg State University summer school, Russia, July–August 2001, and July-August 2002.
    
Teacher of Freshman Research Seminar, Washington University, 2000-2002.  
  
Keynote Speaker, Inaugural Meeting of the Hungarian Society for New Institutional Economists, Debrecen, Hungary, October 2002.  


ANTI-TRUST
Expert witness on several cases, including the Federal Trade Commission vs. Kroger concerning Price Patrol, Superturf vs. Astroturf concerning predatory pricing, and various regulatory issues concerning regulation of the professions.


SEMINARS PRESENTED
USA universities include Stanford University, Harvard University, University of Chicago, Washington University in St. Louis, Columbia University, University of Washington, University of Indiana, University of California at Los Angeles, University of California at Santa Barbara, New York University, Claremont-McKenna College, University of Kansas, and University of Florida.

Foreign universities include St. Petersburg State University, Russia; Moscow State University, Russia; Catholic University, Chile; National Taiwan University, Taiwan; National Central University, Taiwan; University of Hong Kong, China; Shanghai Academy of Social Sciences, China; University of São Paulo, Brazil; University of Debrecen, Hungary; National University of Singapore, Singapore; Zhejiang University,, China; Fudan University, China; China Agricultural University, China;  Ho Chi Minh City Open University, Vietnam; City University of Hong Kong, China; Wenzhou University, Wenzhou, China; Istanbul University, Turkey.


TEACHING INTERESTS
New institutional economics, property rights, price theory, transaction costs, industrial organization and the theory of the firm, transition economies.
             
June 2010

  ALSO SEE
  About the Institute
  Brochure of the Institute (PDF)
  Officers and Board (PDF)