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Robert S. Pindyck (1945–)

In: The Palgrave Companion to MIT Economics

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  • Ernst R. Berndt

    (MIT Sloan School of Management)

Abstract

Robert S. Pindyck has made significant contributions to a wide and diverse range of economic literatures; summarising them is challenging. To keep the length of this chapter manageable, I confine my discussion to four areas in which his contributions have been particularly notable: (i) economic applications of optimal control theory; (ii) market structure and the exploitation of non-renewable resource markets; (iii) uncertainty, irreversible investments and option values; and (iv) economic issues underlying climate change and climate policy. Pindyck has been a highly acclaimed educator in MIT classrooms, winning numerous teacher awards. He has also been a successful textbook author, with both his microeconomics and econometrics textbooks having been published in multiple editions.

Suggested Citation

  • Ernst R. Berndt, 2025. "Robert S. Pindyck (1945–)," Springer Books, in: Robert A. Cord (ed.), The Palgrave Companion to MIT Economics, chapter 29, pages 589-627, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-77623-6_29
    DOI: 10.1007/978-3-031-77623-6_29
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