McGee Public Policy Lecture Series
The McGee Lecture Fund was established in 1996 by Mr. William K. McGee, Jr. to support a lecture series intended to bring outstanding economists to campus in the Department of Economics at the College of Arts and Science.
2016-17 McGee Lecture
Robert Gibbons is the Sloan Distinguished Professor of Management and a Professor of Applied Economics at the MIT Sloan School of Management, and he is Professor of Economics in MIT’s Department of Economics. He is also the co-principal investigator for the Program on Innovation in Markets and Organizations at MIT Sloan (2002-present).
Gibbons studies the design and performance of organizations and contracts, especially “relational contracts”—agreements so rooted in the parties’ particular circumstances that they are not written down, so that disputes cannot be adjudicated by outsiders such as courts. These contracts arise frequently both within firms such as between headquarters and divisions—and between firms such as in alliances. In some cases, relational contracts appear to be the source of persistent performance differences among seemingly similar firms, plants, and work groups.
His book, Game Theory for Applied Economists (Princeton University Press, 1992), has been translated into Chinese, Hungarian, Italian, Japanese, and Spanish. He co-edited the Handbook of Organizational Economics with John Roberts (Princeton University Press, 2013) and he is currently preparing a doctoral text on organizational economics.
Gibbons holds an AB in applied mathematics from Harvard University, an MPhil in economics from Cambridge University, and a PhD in decision sciences from Stanford University. He is a fellow of the Econometric Society and a member of the American Academy of Arts and Sciences.
PAST MCGEE LECTURERS
Thursday, March 12, 2015
"Irrational Exuberance Revisited"
Robert J. Shiller, Yale University
Tuesday, April 8th, 2014
"A Tale of Two Delayed Economic Recoveries: the 1930s and Today"
Lee E. Ohanian , University of California, Los Angeles
Thursday, February 19, 2009
"The Financial Crisis and the Recession: What is Happening and What Should the Government Do About It"
Robert E. Hall, Robert and Carole McNeil Hoover Senior Fellow and Professor of Economics, Stanford University
Tuesday, February 12th, 2008
"Income, aging, health and wellbeing: Evidence from the Gallup World Poll"
Angus Deaton, Princeton University
Monday, December 3rd, 2007
"Holdup, Assest Ownership, and Reference Points"
Oliver Hart, Harvard University
Wednesday, January 31, 2007
"Lawlessness and Economics: Alternative Institutions of Economic Governance"
Avinash Dixit, Princeton University
Thursday, November 3, 2005
"Monetary Policy in Brazil"
Marcelo Kfoury Muinhos, Central Bank of Brazil
Thursday, September 16, 2004
Topic: Politics and trade agreements
Mickey Kantor, former U.S. Secretary of Commerce
Wednesday, January 21, 2004
"Healthy, Wealthy and Wise? The Causal Pathways between Health and Socioeconomic Status"
Daniel McFadden, University of California, Berkeley, Nobel Laureate 2000
Thursday, March 27, 2003
"Social Security Reform"
Peter Diamond, Massachusetts Institute of Technology, Nobel Laureate 2010
Wednesday April 17, 2002
"Life Earnings and Economic Development"
Robert E. Lucas, Jr, University of Chicago, Nobel Laureate 1995