Scott E. Masten is professor of business economics and public policy at the University of Michigan, where he has been a faculty member since 1984. A leading scholar in the area of transaction cost economics, Prof. Masten has had a longstanding interest in law, especially as it relates to issues in economics and organization. He has published extensively on contracting, antitrust, and the organization of the firm. Current research projects include studies of university governance, 19th-century public utility ownership, and the determinants of judicial contract enforcement policies. In 1998, he was awarded the Louis and Myrtle Moskowitz Research Professorship in Business and Law, and he has also held appointments as John M. Olin Distinguished Visiting Professor of Law at the University of Virginia Law School and Visiting Research Fellow at Yale Law School.
In the Ross Business School, Prof. Masten teaches the required MBA Applied Microeconomics course, an MBA elective on business transactions, and a doctoral seminar on the Economics of Institutions and Organization. In the law school, he has taught Economic Analysis of Law and Contract Design and Interpretation.
Prof. Masten received his PhD in economics from the University of Pennsylvania and his AB from Dartmouth College. He is a co-editor of the Journal of Economics & Management Strategy and serves on the editorial boards of four other journals.