Faculty & Research

Faculty and Executive Leadership Directory

Thomas A. Marschak

Professor Emeritus
Cora Jane Flood Research Chair
Professor of the Graduate School
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
Curriculum Vitae (in PDF format, Acrobat Reader required)


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

Positions Held

At Haas since 1960

2013-present:  Professor Emeritus, Haas School of Business and Professor of the Graduate School
1967-2013, 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

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

  • “Technical Change and the Decentralization Penalty” (with D. Wei), in W. Trockel (ed), Social Design: Essays in Memory of Leonid Hurwicz, Springer, 2018
  • “Does More Information-gathering Effort Raise or Lower,the Average Quantity Produced?” (with J.G. Shanthikumar and J. Zhou), Journal of Mathematical Economics, Vol. 69, March 2017, 104-117
  • “A Newsvendor Who Chooses Informational Effort” (with J.G. Shanthikumar and Junjie  Zhou), Production and Operations Management,  Vol. 24, No. 1, 110-133, 2015  
  •  “Technological Improvement and the Decentralization Penalty in a Simple Principal/Agent Model” (with Rouchen Liang and Dong Wei),  SSRN e-library 2945702, May 2018
  • “Are Information-gathering and Producing Complements or Substitutes?”  (with J.G. Shanthikumar and Junjie  Zhou), Working Paper, January, 2014. SSRN2516174
  • “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.

Honors and Awards

  • Co-winner of Koc University prize, for best article in Economic Design, 1996
  • Elected Fellow of the 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

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