W. Bentley MacLeod

W. Bentley MacLeod
Born1954 (age 69–70)
Germany
NationalityCanada, United States
Academic career
FieldLaw and economics, Labor economics, Contract theory
InstitutionColumbia University
Alma materQueen's University, University of British Columbia
Information at IDEAS / RePEc

William Bentley MacLeod (born 1954) is a Canadian-American economist. He is Lecturer with Rank of Professor and Research Scholar at Princeton University,[1] and the Sami Mnaymneh Professor of Economics and Professor of International and Public Affairs Emeritus at Columbia University.[2] He is a specialist in the fields of labor economics and health economics, and law and economics.[3]

Education

MacLeod received a B.A. with distinction in Mathematics from Queen's University in 1975 and an M.Sc. in Mathematics from Queen's University in 1979. He completed his economics doctorate at the University of British Columbia in 1984.

Academic career

He began his teaching career at Queen's University, then he taught at Université de Montréal, Boston College, University of Southern California, California Institute of Technology and Princeton University, before coming to Columbia University. He has also held one year visiting positions at Center for Operations Research and Econometrics(Belgium), Instituto de Análisis Económico (Barcelona),[4] Princeton University, the Russell Sage Foundation[5] and the Institute for Advanced Study.[6]

He was elected fellow of the Econometric Society in 2005,[7] and fellow of the Society of Labor Economists in 2012.[8] He is also the recipient of the 2002 H. Gregg Lewis prize awarded by the Society of Labor Economists for his article "Worker Cooperation and the Ratchet" with H. Lorne Carmichael.[9] He is a Past President of the Society of Institutional and Organizational Economics in 2017-18, and the American Law and Economics Association in 2021.

Notable publications

  • "Advanced microeconomics for contract, institutional, and organizational economics", MIT Press, [2]
  • "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment" by MacLeod and Malcomson[10]
  • MacLeod, W. Bentley, and James M. Malcomson. "Investments, Holdup, and the Form of Market Contracts." The American Economic Review 83, no. 4 (1993): 811-37, https://www.jstor.org/stable/2117580
  • MacLeod, W. Bentley. "Reputations, Relationships, and Contract Enforcement." Journal of Economic Literature 45, no. 3 (2007): 595-628. www.jstor.org/stable/27646841.
  • "First Do No Harm? Tort Reform and Birth Outcomes"[11] mentioned in Tort Reform.
  • "Optimal Contracting with Subjective Evaluation," American Economic Review: Vol. 93 No. 1 (March 2003).[12]
  • "Performance Pay and Wage Inequality", Quarterly Journal of Economics, 2009, Vol. 124, Issue 1 (joint with T. Lemieux and D. Parent)[13]
  • "Administrative Corruption and Taxation", by Frank Flatters and W. Bentley Macleod.[14] Reprinted in "The Economics Of Corruption And Illegal Markets".[15]

Personal life

MacLeod is married to Janet Currie, an economist at Princeton University. They have two children.[16]

References

  1. ^ https://economics.princeton.edu/people/
  2. ^ Columbia University Economics
  3. ^ http://wbmacleod.net
  4. ^ https://www.iae.csic.es/
  5. ^ Russell Sage Foundation Visiting Scholars
  6. ^ Institute for Advanced Study Spring 2012 Newsletter
  7. ^ Fellows of the Econometric Society Archived December 10, 2008, at the Wayback Machine
  8. ^ Fellows of the Society of Labor Economists
  9. ^ H.Gregg Lewis Prize
  10. ^ Macleod, W. Bentley; Malcomson, James M. (1989). "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment". Econometrica. 57 (2): 447–80. doi:10.2307/1912562. JSTOR 1912562.
  11. ^ Janet Currie and W. Bentley MacLeod (2012-05-02). ""First Do No Harm? Tort Reform and Birth Outcomes" by Janet Currie and W. Bentley MacLeod (May 2008)" (PDF). Quarterly Journal of Economics. 123 (2): 795–830. doi:10.1162/qjec.2008.123.2.795. S2CID 154702008.(subscription required)
  12. ^ American Economic Review: Vol. 93 No. 1
  13. ^ Quarterly Journal of Economics, 2009, Vol. 124, Issue 1
  14. ^ Flatters, Frank; MacLeod, W. Bentley (1996). "Administrative corruption and taxation". International Tax and Public Finance. 2 (3): 397–417. doi:10.1007/BF00872774.
  15. ^ [1] Gianluca Fiorentini and Stefano Zamagni ed "The Economics Of Corruption And Illegal Markets"
  16. ^ Rose Kernochan, "Five Minutes with... Janet Currie", Columbia College Today, November/December 2008
  • Home Page [3]
  • Google Scholar [4]