Morton Kamien

Morton I. Kamien
Born (1938-08-15)August 15, 1938
Kraków, Poland
Died November 18, 2011(2011-11-18) (aged 73)
Evanston, Illinois
Nationality American
Institution Northwestern University
Field Mathematical economics
Alma mater Purdue University

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]

Born to Jewish parents in Kraków, 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 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]

His most notable contributions are two classic textbooks in industrial organization and economic application of optimal control theory, both co-authored with Nancy Schwartz: Market Structure and Innovation, and Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics.

Kamien also 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]

References

  1. 1 2 3 4 5 6 "In memoriam: Professor Emeritus Morton I. Kamien, 1938–2011". Northwestern Kellogg. December 19, 2011.
  2. F. M. Scherer (2000). "The Emigration of German-Speaking Economists after 1933". Journal of Economic Literature 38 (3): 616. JSTOR 2565422.
  3. Cattell, James McKeen (1968). American Men of Science: A Biographical Directory 7. Bowker. p. 811.
  4. Kamien, Morton I. (1981). "It's Just Like New York!". Essays in Contemporary Fields of Economics. Purdue University Press. pp. 365–368.
  5. Wright, Joshua D. (2009). "Antitrust Analysis of Category Management: Conwood v United States Tobacco Co". Supreme Court Economic Review 17 (1): 311–337. JSTOR 656059.
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