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Morton Kamien

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Morton I. Kamien
Born(1938-08-15)August 15, 1938
DiedNovember 18, 2011(2011-11-18) (aged 73)
NationalityAmerican
Academic career
FieldMathematical economics
InstitutionNorthwestern University
Alma materCity College of New York
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 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 Lou 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]

Kamien also acted 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]

Selected publications

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  • Kamien, M. I. (1964). An econometric study of structural changes in the composition of the labor force, with special reference to the railroads. Purdue University. (book)
  • Kamien, M. I., & Schwartz, N. L. (1975). Market structure and innovation: A survey. Journal of economic literature, 13(1), 1-37.
  • Kamien, M. I., & Schwartz, N. L. (1976). On the degree of rivalry for maximum innovative activity. The Quarterly Journal of Economics, 90(2), 245–260.
  • Kamien, M. I., & Schwartz, N. L. (1978). Self-Financing of an R and D Project. The American Economic Review, 68(3), 252–261.
  • Kamien, M. I., & Schwartz, N. L. (1982). Market structure and innovation. Cambridge University Press. (book)

References

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  1. ^ a b c d e f "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. doi:10.1257/jel.38.3.614. JSTOR 2565422.
  3. ^ Cattell, James McKeen (1968). American Men of Science: A Biographical Directory. Vol. 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. ISBN 0-911198-59-8.
  5. ^ Wright, Joshua D. (2009). "Antitrust Analysis of Category Management: Conwood v United States Tobacco Co". Supreme Court Economic Review. 17 (1): 311–337. doi:10.1086/656059. JSTOR 656059. S2CID 225088929.
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