Faculty & Research

Faculty and Executive Leadership Directory

Thomas A. Marschak

Professor Emeritus
Cora Jane Flood Research Chair
Professor of the Graduate School
Haas Economic Analysis and Policy Group
Haas Operations and Information Technology Management Group
Email: click on the envelope icon below for full email address
Academic Status: Emeritus
Office Hours: By appointment, F641
Curriculum Vitae (in PDF format, Acrobat Reader required)


PhB, University of Chicago
Graduate Study, University of Chicago
AM, Economics, Stanford University
PhD, Economics, Stanford University

Positions Held

At Haas since 1960 1967 - present, Professor, Haas School of Business 1968 - 1970, Chairman, Center for Research in Management Science, Haas School of Business 1962 - 1967, Associate Professor, Haas School of Business 1960 - 1962, Assistant Professor, Haas School of Business 1954 - 1959, Economist, RAND Corporation

External Service and Assignments

  • Associate Editor: Review of Economic Design

Current Research and Interests

  • Informational and incentive aspects of the design of efficient organizations
  • The effect of information technology on the organization of firms

Selected Papers and Publications

  • "Information-gathering and  Producing: Complements or Substitutes?"  (SSRN 2516174) (with J. George Shanthikumar and Junjie Zhou), October 27, 2014. 
  • “Are Information-gathering and Producing Complements or Substitutes?”  (with J.G. Shanthikumar and Junjie  Zhou), Working Paper, January, 2014.
  • "A Newsvendor Who Chooses Informational Effort" (with J.G. Shanthikumar and Junjie  Zhou), To appear in Production and Operations Management, 2014.
  • "Information Technology and the Organization of Firms." Journal of Economics and Management Strategy 13 (2004): 473-515.
  • "Shirking and Squandering in Sharing Games," with D. Courtney. Topics in Theoretical Economics (Berkeley Electronic Press) 6, no. 1 (2006).
  • "Complementarity and Inefficiency in Sharing Games," with D. Courtney. Review of Economic Design 13, no. 7 (2009): 7-43.
  • "Organization Structure," in Handbook of Economics and Information Systems, edited by T. Hendershott, 205-290. Elsevier, 2006.
  • "Comparing Finite Mechanisms," with Leonid Hurwicz. Economic Theory 21, 783-841 (2003).
  • "Finite Allocation Mechanisms: Approximate Walrasian versus Approximate Direct Revelation," with Leonid Hurwicz. Economic Theory 21 (2003): 545-572.
  • "Network Mechanisms, Informational Efficiency, and Hierarchies," with S. Reichelstein. Journal of Economic Theory (March 1998): 106-141.
  • "Independence versus Dominance in Personal Probability Axioms," in vol. 3 of Uncertainty, Information and Social Choice: Essays in Honor of Kenneth Arrow, edited by W. Heller, R. Starr, and D. Starrett, 129-171. Cambridge University, 1986.
  • "Restabilizing Responses, Inertia Supergames, and Oligopolistic Equilibria," with Reinhard Selten. Quarterly Journal of Economics (February 1978): 210-236.
  • General Equilibrium with Price-Making Firms, with Reinhard Selten. Springer, 1974.


  • Microeconomics for Business Decisions, UGBA 101A 
  • Decisions, Games and Strategies, BA 243 


Honors and Awards

  • Co-winner of Koc University prize, for best article in Economic Design, 1996
  • Elected, Fellow Econometric Society, 1975
  • Fulbright-Hays Research Award, 1965-66
  • Guggenheim Fellow, 1965-1966
  • Ford Foundation Faculty Research Fellowship, 1962-1963
  • Awarded McKinsey Foundation Prize for Best Article in Journal of Business, 1960
  • Fellow, Social Science Research Council, 1956-1957

Faculty Directory: Alphabetical Listing
Faculty Directory: Listing by Department

Maintained by Haas School Marketing and Communications Office.
Contact us with problems or updates to this page.

[Top of page]