Edward Schlee
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Phone: 480-334-2260
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CRTVC 490D TEMPE, AZ 85287-9801
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Mail code: 9801Campus: Tempe
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Edward Schlee studies the economics of uncertainty and information. He joined the W. P. Carey School in 1990. He has held Visiitng Professor positions at the University of Michigan and the Toulouse School of Economics, and visiting scholar positions at Stanford University, the Toulouse School of Economics, the John Hopkins University, and the University of Washington. He has published articles in the American Economic Review, the RAND Journal of Economics, the Journal of Economic Theory, Economic Theory, Theoretical Economics, the Journal of Mathematical Economics, and the History of Political Economy.
Professor Schlee was a member of the editorial board of American Economic Review from 2014-17. He has been an associate editor for the Geneva Papers on Risk and Insurance Theory since 1993 and for the Journal of Public Economic Theory since 2017.
- Ph.D. Economics, University of Illinois 1988
- B.A. Social Science (History, Philosophy, and Economics), University of North Texas 1982
Economics of Uncertainty and Information
Working Papers
- ``Money-Metrics in Local Welfare Analysis: Pareto Improvements and Equity Considerations,'' (with M. Ali Khan), forthcoming in the Journal of Economic Theory.
- ``Prices vs Quantities in the Small and in the Large with Risk Aversion and Income Effects.''
- ``The First and Second Welfare Theorems with Non-ordered Preferences," (with M. Ali Khan)
Representative Publications
- "Strategic Information Manipulation in Duopolies," (with L. Mirman and L. Samuelson), Journal of Economic Theory, 62 (1994): 363-384.
- "The Value of Information in Efficient Risk Sharing Arrangements," American Economic Review, 91 (2001): 509-524.
- "Optimal Insurance with Adverse Selection," (with H. Chade), Theoretical Economics, 7 (2012): 571-607.
- "Surplus Maximization and Optimality," American Economic Review, 103, (2013): 2585-2611.
- "Money-Metric Utility in Applied Welfare Analysis: A Saddlepoint Rehabilitation." (with M. Ali Khan) International Economics Review, 63 (2022): 189-210.
Courses
2025 Spring
| Course Number | Course Title |
|---|---|
| ECN 592 | Research |
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 593 | Applied Project |
| ECN 599 | Thesis |
| ECN 595 | Continuing Registration |
| ECN 784 | Internship |
2024 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 414 | Economics Uncertainty & Info |
| ECN 593 | Applied Project |
| ECN 784 | Internship |
2024 Summer
| Course Number | Course Title |
|---|---|
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 792 | Research |
| ECN 799 | Dissertation |
| ECN 792 | Research |
| ECN 784 | Internship |
| ECN 784 | Internship |
| ECN 784 | Internship |
2024 Spring
| Course Number | Course Title |
|---|---|
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 592 | Research |
| ECN 599 | Thesis |
| ECN 595 | Continuing Registration |
| ECN 784 | Internship |
2023 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 414 | Advanced Honors Microeconomics |
| ECN 593 | Applied Project |
2023 Summer
| Course Number | Course Title |
|---|---|
| ECN 795 | Continuing Registration |
| ECN 791 | Seminar |
| ECN 799 | Dissertation |
| ECN 792 | Research |
| ECN 799 | Dissertation |
| ECN 792 | Research |
| ECN 784 | Internship |
| ECN 784 | Internship |
| ECN 784 | Internship |
2023 Spring
| Course Number | Course Title |
|---|---|
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 593 | Applied Project |
| ECN 592 | Research |
| ECN 599 | Thesis |
| ECN 595 | Continuing Registration |
| ECN 784 | Internship |
2022 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 790 | Reading and Conference |
| ECN 792 | Research |
| ECN 795 | Continuing Registration |
| ECN 799 | Dissertation |
| ECN 414 | Advanced Honors Microeconomics |
2022 Spring
| Course Number | Course Title |
|---|---|
| ECN 416 | Game Theory&Economic Behavior |
2021 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 414 | Advanced Honors Microeconomics |
2021 Spring
| Course Number | Course Title |
|---|---|
| ECN 416 | Game Theory&Economic Behavior |
2020 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 414 | Advanced Honors Microeconomics |
2020 Spring
| Course Number | Course Title |
|---|---|
| ECN 584 | Internship |
2019 Fall
| Course Number | Course Title |
|---|---|
| ECN 712 | Microeconomic Analysis I |
| ECN 414 | Advanced Honors Microeconomics |
- Excellence in Refereeing Award, American Economic Review, 2014.
- Dean's Council of 100 Distinguished Scholar, W. P. Carey School, 2001-2009.
- Huizingh Honors Professor of the Year, W.P. Carey School, 2010.
- John W. Teets Teaching Excellence Award (Undergraduate), W. P. Carey School, ASU 2000.
- Teaching Excellence Award (Graduate), W. P. Carey School, ASU, 1994.
- Member, Editorial Board, American Economic Review, 2014-
- Associate Editor, Journal of Public Economic Theory, 2017-
- Associate Editor, Geneva Papers on Risk and Insurance Theory, 1993-
- Member, External Advisory Board, Department of Economics, University of Illinois.
University of Alabama: 1988-90.
Visiting Professor: University of Michigan, IDEI (Toulouse).
Visiting Scholar: CORE (Belgium), Stanford University, Toulouse School of Economics, Johns Hopkins University.