Start of Main Content
Managerial Economics & Decision Sciences

Professor Emeritus of Managerial Economics & Decision Sciences

Portrait of David Austen-Smith, Faculty at the Kellogg School of Management

David Austen-Smith is Professor Emeritus of Managerial Economics & Decision Sciences. He received his PhD in economics from Cambridge University in 1978. He joined the Northwestern faculty from the University of Rochester in 1996, transferring to the Kellogg School as the Earl Dean Howard Professor of Political Economy in September 2004 from the Weinberg College of Arts and Sciences, where he was the Ethel and John Lindgren Professor. Austen-Smith is currently teaching Strategic Crisis Management and Values-Based Leadership. He is an elected a fellow of the American Academy of Arts and Sciences, the Econometric Society, and the Society for the Advancement of Economic Theory; he is also a charter member of the Game Theory Society. Austen-Smith has published widely on positive political theory, social choice and applied game theory.

About David
Research interests
  • Political economy
  • social choice and welfare
  • deliberation
  • income distribution
Teaching interests
  • Political economy; non-market strategy; values
  • PhD, 1978, Economics, University of Cambridge
    BS, 1974, Economics, University of Bristol, England, First Class Honors
  • Peter G. Peterson Professor of Corporate Ethics, Northwestern University, 2006-present
    Professor of Political Science and Economics, Weinberg College of Arts of Sciences, Northwestern University, 1996-present
    Senior Associate Dean for Faculty and Research, Faculty and Research, Kellogg School of Management, Northwestern University, 2010-2013
    Department Chair, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2009-2010
    Earl Dean Howard Distinguished Professor of Political Economy, Northwestern University, 2004-2006
    Ethel and John Lindgren Professor, Northwestern University, 2000-2004
    Professor of Management and Strategy (by courtesy), Kellogg School of Management, Northwestern University, 1996-2000
    Professor of Political Science, University of Rochester, 1991-1996
    Associate Professor of Political Science, University of Rochester, 1984-1991
    Lecturer in Economics, University of York, 1977-1984
  • Chairs Core Course Teaching Award 2021
    Dorothy Ann and Clarence L. Ver Steeg Distinguished Research Fellowship Award
    Elected Fellow, Game Theory Society
    TSE Associate Member, Toulouse School of Economics
    Initiative d'Excellence (IDEX) chair, Institute for Advanced Studies in Toulouse, Toulouse School of Economics, four years
    Research Associate, Institut d'Analisi Economica, CSIC, UAB Spain, 2017, renewable every 3 years thereafter.
    Elected Fellow, Econometric Society, life
    Sidney J. Levy Teaching Award, Kellogg School of Business and Management, 2007-2008, 2005-2006
    Charter Member, Game Theory Society
    Economic Research Fellow, Society for the Advancement of Economic Theory, one year
    Elected Council Member, Game Theory Society, through 2011
    Fellow, American Academy of Arts and Sciences, 2000-present
  • Co-Editor, Quarterly Journal of Political Science, 2005-2015
    Associate Editor, Social Choice and Welfare, 2005-2010
    Editorial Board, American Journal of Political Science, 1999-2001
    Associate Editor, Games and Economic Behavior, 1997-2010
    Associate Editor, Journal of Economic Theory, 1997-2005
    Editorial Board, American Political Science Review, 1995-2001

Strategic Crisis Management (PACTX-440-0)