Ernst Rudolf Berndt

Professor of Applied Economics at Sloan School of Management

Schools

  • Sloan School of Management

Links

Biography

Sloan School of Management

Ernst Berndt is the Louis E. Seley Professor in Applied Economics and a Professor of Applied Economics at the MIT Sloan School of Management. 

Until January 2011, he was Director of the National Bureau of Economic Research Program on Technological Progress and Productivity Measurement. 

Berndt’s recent research focus has been on the changing dynamics of the healthcare industries. He has examined how medical innovations have affected the costs of treating selected diseases over time, factors affecting the globalization of clinical trials (particularly in emerging economies), causes of recent cancer drug shortages in the US, incentives to induce research and development into diseases prevalent in low-income countries, how industry funding of the U.S. Food and Drug Administration through user fees has affected review times and safety withdrawal rates, and the impact of direct-to-consumer marketing of prescription pharmaceuticals on drug utilization. In other research, Berndt has assessed how illness and its treatment affect individuals’ ability to function at work. More generally, his research deals with assessing the sources of productivity growth and how productivity is measured. Berndt has implemented methods for adjusting prices for changes in quality in the pharmaceutical, healthcare, personal computer hardware, prepackaged software, and personal digit assistant product categories. He also has published research on the structure of the advertising services industries.

Berndt holds a BA in economics and philosophy from Valparaiso University, as well as an MS and a PhD from the University of Wisconsin. He has also been awarded honorary doctorate degrees from Uppsala University in Sweden and from the University of Basel in Switzerland.

Read about executive education

Other experts

William Garrett

Will Garrett is the Chief Operating Officer and a Clinical Professor of Management at the Kellogg School of Management.  As Chief Operating Officer Will is respsonsible for over-seeing the day-to-day operations of the school.  His areas of oversight include finance, facilities, information techn...

Karen Wilson Starks

Dr. Karen Y. Wilson-Starks works with senior, upper middle, and high potential leaders in corporate, government, US Military, non-profit, and faith-based organizations who are challenged by tumultuous change, mergers, acquisitions, downsizing, executive integration scenarios, and leadership shift...

Fred Hagigi

Dr. Hagigi serves as the Deputy Director for Education Research & Training at the Veterans Emergency Management Evaluation Center (VEMEC) of the U.S. Department of Veterans Affairs. He holds an academic appointment as a Professor Emeritus of Healthcare Finance & Operations at the UCLA Dav...

Looking for an expert?

Contact us and we'll find the best option for you.

Something went wrong. We're trying to fix this error.