Dennis Cary Mueller (born June 13, 1940) is emeritus professor of economics at the

University of Vienna The University of Vienna (german: Universität Wien) is a public research university located in Vienna, Austria. It was founded by Duke Rudolph IV in 1365 and is the oldest university in the German-speaking world. With its long and rich hist ...

. His academic work focused on the principal–agent problem,

corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions ...

and

political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...

Career

He received a PhD in economics from

Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...

in 1966 under the supervision of

Jesse W. Markham Jesse William Markham (April 16, 1916 – June 21, 2009) was an American economist. Markham was best known for his work on antitrust policy, price theory and industrial organization. Markham was the Charles Edward Wilson Professor of Business Adm ...

and

Stephen Goldfeld Stephen Michael Goldfeld (August 9, 1940 – August 25, 1995) was a Princeton University economics professor and provost who served on the Council of Economic Advisers during the Carter administration. Goldfeld received a bachelor's degree from ...

for his dissertation "The Determinants of Industrial Research and Development". He held several academic positions in Canada, the US and in Germany and became professor at the University of Vienna in 1994. In 2008, he became professor emeritus.

Work

Mueller is a past president of the

Public Choice Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science". Gordon Tullock, 9872008, "public choice," ''The New Palgrave Dictionary of Economics''. . Its content includes the s ...

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 own agenda of enlarging to inefficient sizes in the name of public interest at the expense of true owners, citizens and taxpayers. Corporate managers pursue their own agenda of unnecessarily making companies large and efficient at the expense of the true owners, stockholders. On 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 to 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 {{US-economist-stub