Professor Emeritus Morton Kamien passed away on Nov. 18, 2011. In memoriam: Professor Emeritus Morton I. Kamien, 1938-2011

Morton Kamien is Professor Emeritus of Economics and Decision Sciences. A distinguished scholar, Professor Kamien came to the Kellogg School over 35 years ago from Carnegie-Mellon University. At Kellogg, Kamien served as the School's associate dean for academic affairs for three terms, the Joseph and Carole Levy Distinguished Professor of Entrepreneurship and director of the school's Heizer Center for Entrepreneurial Studies. He retired in 2007.

Professor Kamien made fundamental advances in the use of game theory and dynamic optimization methods in industrial organization theory. Among his many publications are contributions that helped found the modern theory of limit pricing under uncertainty. Other work was instrumental in developing the theory of patent races--how firms compete to develop a new product or production method, the value of patents, mergers and entry deterrence. He has also produced two classic textbooks, co-authored with Kellogg peer Nancy L. Schwartz: Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics (first published by North Holland in 1981) and Market Structure and Innovation (Cambridge University Press, 1982). For his contributions he was elected Fellow of the Econometric Society in 1996 and bestowed with an Honorary Doctor of Economics Degree in 2001 by Purdue University. At present he serves as an expert witness in anti-trust cases. Indeed, he was an expert witness on behalf of the plaintiff in the American Express vs. Visa case which resulted in the largest anti-trust settlement in US history.