John Roberts

The John H. Scully Professor of Economics, Strategic Management, and International Business, Emeritus
Academic Area:
John Roberts

Bio

John Roberts has been a member of the Stanford faculty since 1980, when he joined the GSB from Northwestern University, where he had been a professor in the Kellogg School of Management. Born in Winnipeg in 1945, he was educated at the Universities of Winnipeg, Manitoba, and Minnesota.

His research has contributed primarily to the development of economic theory and game theory and their application to problems of economics and management; to the study of industrial competition, especially when informational differences among market participants are important; and to the economics of organization. He is the author or coauthor of over 70 scholarly articles, more than 30 business cases and two books. The first of these, Economics, Organization and Management, was the first text to apply modern theories of incentives and contracting to managerial problems. His more recent book, The Modern Firm: Organizational Design for Performance and Growth¸ was named as the best business book of the year by The Economist. He is the co-editor of The Handbook of Organizational Economics, which presents a unique, path-setting overview of the subject. Recently his research has involved running randomized controlled experiments to investigate the effects of changing management practices in large firms.

Roberts’ teaching in the MBA, Sloan, and Executive Programs focused on strategy and organization, with special attention to multinational business. He has also advised numerous PhD students who have joined the faculties of many of the world’s leading business schools and economics departments.

Roberts has held visiting positions at the University of Louvain (Belgium), the Ecole National de l’Administration et des Etudes Economiques (Paris), the Hebrew University, the University of California Berkeley, the Center for Advanced Studies in the Behavioral Sciences, All Souls and Nuffield Colleges of Oxford University, the Université des Sciences Sociales (Toulouse), McKinsey and Company, London and the London School of Economics, where he was the BP Centennial Professor. He has also consulted to major corporations in the United States, Japan and Europe.

A Fellow and former Council Member of the Econometric Society, Roberts was elected a Fellow of the American Academy of Arts and Sciences in 2005. He received a honorary Doctor of Laws degree from the University of Winnipeg in 2007.

Stanford University Affiliations

  • Senior Fellow Stanford Institute for Policy Research

Academic Degrees

  • PhD, Univ. of Minnesota, 1972
  • BA (Hons.), University of Manitoba, 1967
  • LLD (honoris causa), University of Winnipeg, 2007

Academic Appointments

  • At Stanford University since 1980
  • BP Centennial Professor, London School of Economics, 2010
  • Freehills Lecturer, University of New South Wales, 2007
  • Fellow of the American Academy of Arts and Sciences, 2005
  • Distinguished Lecturer, University of Pittsburgh, 2002
  • Senior Associate Dean, Stanford GSB, 2000-2008
  • Minnesota Lecturer, University of Minnesota, 2000
  • Academic Fellow, McKinsey &. Co., London, 1999-2000
  • Visitor, Nuffield College, Oxford University, 1999-2000
  • Universite de Sciences Sociales de Toulouse, 1999
  • Inaugural Clarendon Lecturer in Management Studies, Oxford, 1997
  • Visiting Fellow, All Souls College, Oxford, 1995
  • Institute of Economics and Statistics, Oxford University, 1995
  • Associate Dean, Stanford GSB, 1987-1990
  • Fellow of the Econometric Society, 1982
  • Fellow, Institute for Advanced Studies, Jerusalem, 1980, 1985
  • CORE Research Fellow, Université Catholique de Louvain, 1974, 1976, 1982
  • Faculty, Kellogg School of Management, 1971-1980

Awards and Honors

  • Robert T. Davis Faculty Lifetime Achievement Award, Stanford GSB, 2005
  • Teaching Excellence Award, Stanford Sloan Program, 2002
  • Jaedicke Silver Apple Award, Stanford Business School Alumni Association, 2000
  • Doctor of Laws, Honoris Causa, University of Winnipeg, 2007
  • Fellow, American Academy of Arts and Sciences, 2005
  • Fundacion BBVA IESE Prize for Contributions of Economics to Management, 2009

Service to the Profession

    • Fellow and former Council Member, Econometric Society
    • Fellow, American Academy of Arts and Sciences, 2005-present

    Research Statement

    John Roberts’ teaching and research involve the application of economic and strategic (game-theoretic) analysis to management problems. His specific areas of current interest involve international business, the organization of the firm, and the connection between strategy and organization. He also has published extensively on industrial competition, emphasizing how informational differences among various parties affect strategic behavior, and on complementarities as a driving force in organizational design and strategic choice. As well, he has helped develop new techniques for deriving robust conclusions from economic models. Most recently, he has undertaken controlled randomized experiments in large firms to investigate the effects of changing management practices.

    Journal Articles

    Nicholas A. Bloom, James Liang, John Roberts, Zhichun Jenny Ying
    The Quarterly Journal of Economics
    February 2015 Vol. 130 Issue 1 Pages 165–218
    John Roberts, Nicholas A. Bloom, Benn Eifert, A. Mahajan, David McKenzie
    Quarterly Journal af Economics
    February 2013 Vol. 128 Issue 1 Pages 1–51
    Susan Athey, John Roberts
    American Economic Review
    May 2001 Vol. 91 Issue 2 Pages 200-205
    Bengt Holmstrom, John Roberts
    Journal of Economic Perspectives
    1998 Vol. 12 Issue 4 Pages 73-94
    Paul R. Milgrom, John Roberts
    American Economic Review
    March 1996 Vol. 86 Issue 1 Pages 173-179
    Paul R. Milgrom, John Roberts
    Journal of Accounting and Economics
    1995 Vol. 19 Issue 2-3 Pages 179-208
    Paul R. Milgrom, Yingyi Qian, John Roberts
    American Economic Review, Papers and Proceedings
    May 1991 Vol. 81 Issue 2 Pages 84-88
    Paul R. Milgrom, John Roberts
    Econometrica
    1990 Vol. 58 Issue 6 Pages 1255-1277
    Paul R. Milgrom, John Roberts
    American Economic Review
    1990 Vol. 80 Issue 3 Pages 511-528
    Paul R. Milgrom, John Roberts
    American Journal of Sociology
    1988 Vol. 94 Issue Supplement: Organizations and Institutions: Sociological and Economic Approaches to the Analysis of Social Structure Pages S154-S179

    Working Papers

    John Roberts, Bengt Holmstrom 1998
    Paul R. Milgrom, John Roberts 1992
    Paul R. Milgrom, John Roberts, Margaret Meyer 1991
    Jeremy I. Bulow, John Roberts 1987
    David M. Kreps, John Roberts 1986
    Paul R. Milgrom, John Roberts 1985
    David M. Kreps, Paul R. Milgrom, Robert Wilson, John Roberts 1981
    Paul R. Milgrom, John Roberts 1980

    Books

    John Roberts
    Oxford University Press
    Oxford
    2004
    Paul R. Milgrom, John Roberts
    Prentice Hall
    February 11, 1992

    Book Chapters

    John Roberts, Robert Gibbons, Niko Matouschek
    Handbook of Organizational Economics
    2014
    Robert Gibbons, John Roberts
    The Handbook of Organizational Economics
    2014
    John Roberts, Garth Saloner, Robert Gibbons
    Chapter 20 in The Handbook of Organizational Economics
    2013 Pages 799-852

    Cases

    Manish Khandelwal, John Roberts
    2011
    Gary Mekikian, John Roberts
    2009
    Gary Mekikian, John Roberts
    2009
    John Roberts, Jennie Tung
    2007
    Joel Podolny, John Roberts
    2004
    Charles Catalano, John Roberts
    2004
    Joel Podolny, John Roberts
    1999
    Joon Han, Andrea Hodge, Joel Podolny, John Roberts
    1999
    Xiao Chen, Joel Podolny, John Roberts
    1999
    Aldo Kamper, Joel Podolny, John Roberts
    1999
    Marc Fumagalli, Joel Podolny, John Roberts
    1999
    Michael Hannan, Joel Podolny, John Roberts
    1999
    John Roberts
    1998
    John Roberts
    1998
    Eric Li, Gabriel Li, John Roberts
    1998
    Andris Berzins, Joel Podolny, John Roberts
    1998
    Andris Berzins, Joel Podolny, John Roberts
    1998
    Joel Podolny, John Roberts
    1998
    Joel Podolny, John Roberts
    1998
    Joel Podolny, John Roberts
    1998
    John Roberts
    1997

    In the Media

    Insights by Stanford Business

    March 28, 2018
    Three award-winning economists talk about where the field has been and where it’s heading.
    October 09, 2012
    A study reveals that working from home boosts employee happiness and productivity.
    December 01, 2010
    New studies show that firms implementing systematic management practices improved their productivity by 10 percent reduced defects by 60 percent.
    November 01, 2008
    Lorenzo Zambrano, MBA ’68, took the family’s cement business from regional player to the industry’s third-largest supplier.
    March 11, 2005
    Professor John Roberts moderated. Distinguished panelists included John Browne, MS ’81; Sir Dominc Cadbury, MBA ’64; and Sir Deryck Maughan, MS ’79.

    School News

    October 12, 2020
    “Bob brought economic theory to the real world, both as a mechanism for understanding ‘how things work’ and then in the design of better institutions.”
    January 17, 2018
    David Kreps, Paul Milgrom, and Robert Wilson have been honored for their pioneering work using game theory to help solve real-world problems.
    February 27, 2017
    A recent two-day symposium celebrated the depth and breadth of impact by faculty member David Kreps in choice theory, finance, game theory, economics.
    January 09, 2017
    Inside Stanford GSB’s ambitious venture to lift people out of poverty.