Morton Kamien
Polish-American economist
From Wikipedia, the free encyclopedia
Morton Isaac Kamien (August 15, 1938 – November 18, 2011) was an American economist notable for his contributions in industrial organization and mathematical economics. He was a professor of entrepreneurship at Northwestern University’s Kellogg School of Management from 1970 to 2007.[1]
Morton I. Kamien | |
|---|---|
| Born | August 15, 1938 |
| Died | November 18, 2011 (aged 73) |
| Academic background | |
| Alma mater | City College of New York Purdue University |
| Academic work | |
| Discipline | Mathematical economics |
| Institutions | Northwestern University |
Born to Jewish parents in Poland, Kamien and his family escaped the Warsaw Ghetto before it was razed in 1944.[1][2] Together with his father, Kamien moved to Munich, Bavaria, and finally immigrated to the United States in 1947, arriving in New York City.[1] As his father struggled to regain a footing, Morton Kamien stayed in an orphanage in Far Rockaway, Queens.[1]
Having financed his studies by selling clothing, Kamien graduated from City College of New York in 1960,[3] and then pursued a PhD in economics from Purdue University, where Nancy Lou Schwartz and Hugo F. Sonnenschein were among his classmates.[4] After his PhD in 1964, he first joined faculty at Carnegie Mellon University, before moving to Northwestern where he stayed until his retirement in 2007.[1]
Kamien also acted as an expert witness in several high-profile antitrust cases, including Conwood vs. U.S. Tobacco and American Express vs. Visa/Mastercard,[5] leading to the largest antitrust jury award ($1.05 billion) and antitrust settlement ($4.1 billion) to date.[1]
Selected publications
- Kamien, M. I. (1964). An econometric study of structural changes in the composition of the labor force, with special reference to the railroads. Purdue University. (book)
- Kamien, M. I., & Schwartz, N. L. (1975). Market structure and innovation: A survey. Journal of economic literature, 13(1), 1-37.
- Kamien, M. I., & Schwartz, N. L. (1976). On the degree of rivalry for maximum innovative activity. The Quarterly Journal of Economics, 90(2), 245–260.
- Kamien, M. I., & Schwartz, N. L. (1978). Self-Financing of an R and D Project. The American Economic Review, 68(3), 252–261.
- Kamien, M. I., & Schwartz, N. L. (1982). Market structure and innovation. Cambridge University Press. (book)