W. P. Carey School of Business
W. P. Carey School of Business

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Edward Schlee


Office:CPCOM 455G
Mailing Address:
Main Campus
PO BOX 879801
Tempe, AZ 85287-9801

Phone: 480-965-5745
Fax: 480-965-0748
Email: ed.schlee@asu.edu
Edward Schlee

View Vita

Personal Website

Ph.D., Economics, University of Illinois, 1988; B.A., Social Science (History, Philosophy, and Economics), University of North Texas, 1982.

Working Papers

"Lionel McKenzie's 1957 Intrusion into 20th Century Demand Theory," (with M. Ali Khan), Canadian Journal of Economics, forthcoming. 

"Insurance as a Lemons Market: Coverage Denials and Pooling" (with H. Chade). 

"The Welfare Cost of Uncertainty in Public Goods Provision," (with V.K. Smith)

"The Nonconcavity of Money-Metric Utility: A New Formulation and Proof," (with M. Ali Khan). 

"Public good provision under uncertainty: local cost-benefit analysis," (with V. K. Smith)

Academic Positions
Arizona State University: 1990-present. 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. 

Career and Recent Professional Awards; Teaching Awards

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.

Professional Leadership

Member, Editorial Board, American Economic Review, 2014-

Associate Editor, Journal of Public Economic Theory, 2016-

Associate Editor, Geneva Papers on Risk and Insurance Theory, 1993-

Member, External Advisory Board, Department of Economics, University of Illinois.

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.



















W. P. Carey School of Business

400 E. Lemon St.
Tempe, AZ 85287