American economist and industrial organization expert
Frederic Michael Scherer (born 1932 in
Ottawa, Illinois) is an
Americaneconomist and expert on
industrial organization. Since 2006, he continues as a professor of economics at the JFK School of Government at Harvard University.
Early and family life
Scherer received his A.B. degree with honors and distinction from the
University of Michigan and his M.B.A. with high distinction from
Harvard University in 1958 and his PhD in economics from Harvard in 1963.[1]
He is married to Barbara Silbermann Scherer, and the couple have three children and eight grandchildren.[2]
His research specialties include
industrial economics and the economics of
technological change, on which he has many much-cited publications, including the books listed below, and the articles in [4][5] His 1971 textbook on Industrial Organization has gone through many editions, and Scherer still participates on the advisory board for the scholarly magazine of the same name. Scherer has also published recently concerning patent policy reform.[6] Upon the death of
Thomas McCraw, Scherer may be the scholar with the most expertise concerning the theories of former Harvard professor
Joseph Schumpeter, about whom he has made a series of YouTube videos.[7]
Honors
Scherer received the first "Distinguished Fellow Award" from the Industrial Organization Society in 1999;[8] the second was Jean Tirole,[9] who later received the Nobel Prize in 2014 for his work in industrial organization.[10] Scherer also received an honorary doctorate from the
University of Hohenheim, Germany. He served as the 3rd [11] president of the Industrial Organization Society, as well as of the International Joseph A. Schumpeter Society, and vice president of the American Economic Association and of the Southern Economic Association. He received the Lifetime Achievement Award from the American Antitrust Institute in 2002.[12]
Publications
Frederic M. Scherer, Monopolies, Mergers and Competition Policy (Edward Elgar Pub) March 30, 2018
Frederic M. Scherer, Quarter Notes and Bank Notes: The Economics of Music Composition in the 18th and 19th Centuries (Princeton University Press, 2004).
Frederic M. Scherer, Competition Policy, Domestic and International (Edward Elgar, 2001).
Frederic M. Scherer, New Perspectives on Economic Growth and Technological Innovation (Brookings Institution, 1999).
Frederic M. Scherer, Industry Structure, Strategy, and Public Policy (Harper Collins, 1996).
ISBN9780673992895.
Frederic M. Scherer, Competition Policies for an Integrated World Economy (Brookings Institution, 1994).
Frederic M. Scherer and David J. Ravenscraft, International High-Technology Competition; Competition Policies for an Integrated World Economy; Mergers, Sell-offs, and Economic Efficiency (Harvard University Press, 1992).
Frederic M. Scherer and David Ross, [1970] 1990. Industrial Market Structure and Economic Performance, 3rd ed. Houghton-Mifflin.
Description and 1st ed. review
extract.
Frederic M. Scherer and David J. Ravenscraft, Mergers, Sell-offs, and Economic Efficiency (Brookings Institution, 1987).
Frederic M. Scherer, Innovation and Growth: Schumpeterian Perspectives(MIT Press, 1984).
Frederic M. Scherer, The Economic Effects of Compulsory Patent Licensing (New York University Monograph Series in Finance and Economics, 1977).
Frederic M. Scherer with Alan Beckenstein, Erich Kaufer, and R. D. Murphy, The Economics of Multi-Plant Operation: An International Comparisons Study (Harvard University Press, 1975).
Frederic M. Scherer, Industrial Market Structure and Economic Performance (first ed. 1970; second ed. 1980; third ed. (with David Ross) 1990; Houghton Mifflin).
Frederic M. Scherer, Focal Point Pricing and Conscious Parallelism (The Antitrust Bulletin: the Journal of American and Foreign Antitrust & Trade Regulation, p. 495-503, Vol 12, 1967)
Frederic M. Scherer and M. J. Peck, The Weapons Acquisition Process: Economic Incentives (Harvard Business School Division of Research, 1964).
Frederic M. Scherer and M. J. Peck, The Weapons Acquisition Process: An Economic Analysis (Harvard Business School Division of Research, 1962).