Elizabeth E. Bailey Faculty Profile

Elizabeth E. Bailey
John C. Hower Professor of Business and Public Policy

PhD, Princeton University, 1972; MS, Stevens Institute of Technology 1966; BA, Radcliffe College, 1960

Research Areas
Economic deregulation; contestability theory; strategic management of economic, environmental, and international regulation; corporate governance and social responsibility

Current Projects
Current research on airline industry structure in the aftermath of deregulation; on links between CEO succession and executive performance.

Academic Positions Held
Wharton: 1991-present (Chairperson, Business and Public Policy Department, 1997-2005; named John C. Hower Professor of Public Policy and Management, 1991). Previous appointments: Carnegie Mellon University (Dean and Professor of Economics, Industrial Administration and Public Policy, Graduate School of Industrial Administration, 1983-91). Visiting appointment: Yale University

Other Positions
Commissioner, Civil Aeronautics Board, 1977-83; Research Head, Economic Research Department, Bell Laboratories, 1975-77; Supervisor, Economic Analysis Group, Bell Laboratories, 1973-75

Career and Recent Professional Awards; Teaching Awards
Doctor of Engineering (Honorary), Stevens Institute of Technology, 2000; Fellow, American Academy of Arts and Sciences, 1997; Directors' Choice Award, National Women's Economic Alliance Foundation, 1990; LLD (Honorary), DePaul University, 1988; Radcliffe College Alumnae Recognition Award, 1985

Professional Leadership 2003-2007
President Elect, President, Past-President, Eastern Economics Association, 1997-00; Advisory Committee, Center for Economic Policy Research, Stanford University, 1983-present; Princeton University Economics Advisory Council, 1989-present

Corporate and Public Sector Leadership 2003-2007
Board of Directors, CSX Corporation, 1989-present; Philip Morris Companies, Inc., 1989-present; Board of Trustees: Brookings Institution, 1988-present; College Retirement Equity Fund, 1987-present; National Bureau of Economic Research, 1993-present; Vice Chairman, Bancroft NeuroHealth, 1996-present

Representative Publications
"Aviation Policy: Past and Present." Southern Economic Journal (2002).

"A Regulatory Framework for the 21st Century." Eastern Economic Journal (Summer 1999).

(with J.R. Pack)
The Political Economy of Privatization and Deregulation. Elgar (1995).

(with W.J. Baumol)
"Deregulation and the Theory of Contestable Markets." Yale Journal on Regulation 1.2 (1984).