Dennis Cary Mueller (born June 13, 1940) is an emeritus professor of economics at the
University of Vienna
The University of Vienna (, ) is a public university, public research university in Vienna, Austria. Founded by Rudolf IV, Duke of Austria, Duke Rudolph IV in 1365, it is the oldest university in the German-speaking world and among the largest ...
. His academic work focused on the
principal-agent problem,
corporate governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders.
Definitions
"Corporate governance" may ...
, and
political economy
Political or comparative economy is a branch of political science and economics studying economic systems (e.g. Marketplace, markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Wi ...
.
Career
He received a PhD in economics from
Princeton University
Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
in 1966, where
Jesse W. Markham and
Stephen Goldfeld supervised his dissertation, "The Determinants of Industrial Research and Development." He held several academic positions in Canada, the US, and Germany. He became a professor at the University of Vienna in 1994 and emeritus in 2008.
Work
Mueller is a past president of the
Public Choice Society, the Southern Economic Association, the Industrial Organization Society, and EARIE. His main research interests are in public choice and industrial economics. His work is mainly about high-ranking people taking advantage of informational transaction costs. Governments pursue their agenda of enlarging to inefficient sizes in the name of public interest at the expense of actual owners, citizens, and taxpayers. Corporate managers pursue their agenda of unnecessarily making companies large and efficient at the cost of the actual owners, as well as stockholders.
On the public choice approach, he said, "Public choice approach is the economic study of non-market decision making or an application of economics to political science and the politico-administrative process of collective decision making."
External links
Mueller's CV at University of Vienna
1940 births
Living people
21st-century American economists
American political scientists
Princeton University alumni
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