David P. Baron

The David S. and Ann M. Barlow Professor of Political Economy and Strategy, Emeritus
Academic Area:
David P. Baron

Bio

Baron began his academic career at Northwestern University where he taught for thirteen years in the Kellogg Graduate School of Management. He joined Stanford GSB in 1981. He has also been a visiting professor at the Université d’Aix-en-Provence in France, the Katholieke Universiteit Leuven in Belgium, Harvard University, and the California Institute of Technology. At Stanford, he is The David S. and Ann M. Barlow Professor of Political Economy and Strategy, Emeritus at Stanford Graduate School of Business, and professor of economics and professor of political science by courtesy at Stanford School of Humanities and Sciences. He received a BS from the University of Michigan, an MBA from Harvard University, and a doctorate in business administration from Indiana University. In 2005, he was awarded an honorary doctorate degree by the Katholieke Universiteit Leuven in Belgium.

Baron has taught in MBA, PhD, and Executive Education programs, receiving the MBA teaching award at Kellogg and the PhD teaching award at Stanford GSB. He has been an innovator in the field of business and its social, political, and legal environment, and is the author of the leading textbook in the field. In 2007, he received the lifetime achievement award from the Aspen Institute.

His research has been supported by the National Science Foundation, Bureau of Health Services Research, Alfred P. Sloan Foundation, and the Citicorp Behavioral Sciences Research Council. He is a fellow of the Econometric Society and has served on the board of editors of American Economic Review, Quarterly Journal of Economics, Journal of Economics and Management Strategy, Business and Politics, and Decision Sciences.

Academic Degrees

  • Doctor Honoris Causa, Katholieke Universiteit Leuven, Belgium, 2005
  • DBA in Quantitative Business Analysis (Major), Managerial Economics & Finance (Minors), Indiana University, 1968
  • MBA, Harvard University, 1964
  • BS, University of Michigan, 1962

Academic Appointments

  • Visiting Professor, California Institute of Technology, 2012
  • Donald P. Jacobs Visiting Professor of Research, Kellogg School of Management, Northwestern University, 2007–present
  • Visiting Professor, Department of Government, Harvard University, 1990–91
  • Morrison Professor Decision Sciences, J.L. Kellogg Graduate School of Management, Northwestern University, 1978–81
  • Visiting Professor, Department of Applied Economics, Katholieke Universiteit Leuven, Belgium, 1977–78
  • Visiting Professor, Universite d’Aix-Marseille, Aix-en-Provence, France, 1973–74

Awards and Honors

  • Economics, Politics and Business Environment Category, The Case Centre Awards and Competitions, 2015
  • Lifetime Achievement Award, Business and Society Program, The Aspen Institute, 2008
  • Nancy L. Schwartz Lecture, Kellogg Graduate School of Management, Northwestern University, 2001
  • Distinguished Service Award, Doctoral Program, Stanford Graduate School of Business, 1999
  • Andersen Consulting Award for Best Article, California Management Review, 1995
  • Teacher of the Year, J.L. Kellogg Graduate School of Management, Northwestern University, 1980–81

Service to the Profession

Professional Associations

    • Member, American Economic Association
    • Member, American Political Science Association
    • Fellow, Econometric Society

    Professional Experience

    • Corporate Analyst, Standard Oil Company, Indiana, 1964–66

    Research Statement

    David Baron has published in the fields of industrial organization, economic theory, political science, business strategy, operations research, statistics, and finance. He has authored over 100 articles and three books, one of which is in its fifth edition. His principal research interests have been the theory of the firm, the economics of regulation, mechanism design and its applications, political economics, and nonmarket strategy. His current research focuses on political economics and strategy in the business environment.

    Journal Articles

    David P. Baron
    Journal of Theoretical Politics
    2023 Vol. 35 Issue 1 Pages 3–30
    David P. Baron
    Quarterly Journal of Political Science
    October 18, 2021 Vol. 16 Issue 4 Pages 429–465
    David P. Baron
    Journal of Economics & Management Strategy
    February 2021
    David P. Baron
    Journal of Economics & Management Strategy
    September 2020 Vol. 29 Issue 3 Pages 635–662
    David P. Baron
    Economic Theory
    February 2019 Vol. 67 Issue 1 Pages 319-344
    David P. Baron
    Journal of Theoretical Politics
    January 1, 2018 Vol. 30 Issue 1 Pages 74-118
    David P. Baron, Renee Bowen, Salvatore Nunnari
    Journal of Public Economics
    December 2017 Vol. 156 Pages 1-13
    David P. Baron, Margaret Ann Neale, Hayagreeva Rao
    Strategy Science
    June 2, 2016 Vol. 1 Issue 2 Pages 105-126
    David P. Baron
    Journal of Economics & Management Strategy
    2016 Vol. 25 Issue 3 Pages 2016
    David P. Baron
    Journal of Public Economics
    December 2011 Vol. 95 Issue 11 Pages 1331-1338
    David P. Baron, Agus Harjoto, Jo Hoje
    Business and Politics
    August 2011 Vol. 13 Issue 2 Pages 1-48
    David P. Baron, Alexander V. Hirsch
    Economic Theory
    June 7, 2011 Vol. 49 Issue 3 Pages 639-681
    David P. Baron, Daniel Diermeier, Phan Fong
    Economic Theory
    May 24, 2011 Vol. 49 Issue 3 Pages 703-738
    David P. Baron
    American Economic Review
    2010 Vol. 100 Issue 4 Pages 1299-1329
    David P. Baron
    Journal of Economics and Management Strategy
    2009 Vol. 18 Issue 1 Pages 7–43
    David P. Baron
    Journal of Economics and Management Strategy
    2007 Vol. 16 Issue 3 Pages 683–717
    Michael T. Hannan, David P. Baron, Greta Hsu
    Industrial and Corporate Change
    October 2006 Vol. 15 Issue 5 Pages 755-784
    David P. Baron
    Journal of Public Economics
    2006 Vol. 90 Issue 1-2 Pages 1-36
    David P. Baron, Daniel Diermeier
    Quarterly Journal of Economics
    August 2001 Vol. 116 Issue 3 Pages 933-967

    Working Papers

    David P. Baron, Renee Bowen July 22, 2015
    David P. Baron, Alexander Hirsch 2009
    David P. Baron, Maretno Harjoto, Hoje Jo 2009
    David P. Baron, Daniel Diermeier 2005
    David P. Baron 2004
    David P. Baron 2001
    David P. Baron, Michael Herron 1999
    David P. Baron, David Besanko 1996
    David P. Baron, David Besanko 1996
    David P. Baron, David Besanko 1995
    David P. Baron, David Besanko 1992
    David P. Baron, John A Ferejohn 1987
    David P. Baron, John A Ferejohn 1987
    David P. Baron 1986
    David P. Baron, David Besanko 1983
    David P. Baron, Jack McDonald, Donald Baron 1972

    Books

    David P. Baron
    Pearson Prentice-Hall
    Upper Saddle River, NJ
    2013
    David P. Baron
    Academic Press
    1983

    Cases

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    David Baron, Keith Krehbiel, Brian Tayan
    2007
    David Baron, Keith Krehbiel, Brian Tayan
    2007
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    2006
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    2005
    David Baron, Erin Yurday
    2004
    David Baron, Soon Jin Lim, Deborah Liu
    2003
    David Baron, Soon Jin Lim, Deborah Liu
    2003
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    David Baron, D. Hoyt
    2001
    David Baron, Alan Wiseman
    2001
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    David Baron, Victoria Chang
    2000
    David Baron, Victoria Chang
    2000
    David Baron, Chen Lichtenstein
    1998
    David Baron, Michael Ting
    1997
    David Baron, Chris Watts
    1997
    David Baron, Chris Watts
    1997
    David Baron, Michael Ting, Erik Johnson
    1996
    David Baron, Michael Ting, Keith Krehbiel, Erik Johnson, Daniel P. Kessler
    1996
    David P. Baron
    1996
    David Baron, Justin Adams
    1994
    David Baron, J. Adams
    1994
    David Baron, J. Wu
    1994
    David Baron, A. Wu
    1994

    In the Media

    Insights by Stanford Business

    December 01, 2009
    A scholar says social pressure plays a major role in determining corporate strategy and performance.

    School News

    November 01, 2008
    Stanford GSB professor David Baron is the winner of the 2008 Faculty Pioneer Award for Lifetime Achievement given by the Aspen Institute Center for Business Education.