Haas NewsWire


Haas NewsWire, September 20, 2004





HAAS HEADLINES


Professor Oliver Williamson Awarded Prestigious German Economic Prize

Oliver Williamson
Prof. Oliver Williamson

Oliver Williamson, the Edgar F. Kaiser Professor Emeritus of Business Administration, is the 2004 recipient of the H.C. Recktenwald Prize in Economics for his contributions to the development of transaction cost theory and institutional economics.


The previous recipients of the prize were Professor Edmond Malinvaux of France, Nobel Laureate Joseph Stiglitz of Columbia University, Princeton University economist Paul Krugman and economist Paul Romer of Stanford University.


This premiere German prize in economics was established by Hertha Recktenwald in honor of her husband, the internationally recognized political economist Horst Claus Recktenwald, who died in 1990. Recipients are selected every two years. Williamson will accept the honor in ceremonies to be held November 3 at the Nuremberg Castle in the city of Nuremberg, Germany.
Williamson is known worldwide as an expert in antitrust, regulatory, and transaction cost economics. The latter combines economics, law, and organization theory to study complex contract and economic organization.


His work is said to have influenced everything from electricity deregulation in California to investment in eastern Europe to human resource management in the technology industry.


Williamson, who also had an appointment in the Department of Economics and the School of Law (Boalt Hall), has called his own work a blending of the extremes of both soft social science and abstract economic theory.


He is the author of several books, including an economics classic, Markets and Hierarchies: Analysis and Antitrust Implications, (The Free Press, 1975) and 10 years later, The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting (The Free Press). The latter is one of the most frequently cited works in social science research.


He served as a special economic assistant to the head of the antitrust division of the US Justice Department from 1966 to 1967 and has consulted for the National Science Foundation and the Federal Trade Commission. He has received eight honorary doctorates from universities around the world.


He first came to UC Berkeley as an assistant professor in economics in 1963.


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Dean Campbell Appointed to Governor's Economic Council


California Governor Arnold Schwarzenegger has appointed Dean Tom Campbell to serve on his economic advisory council, the governor's office announced on September 17, 2004.


The sixteen-member council will advise Governor Schwarzenegger on economic matters. The council will meet with the governor periodically to assist him in confronting the economic challenges facing California in addition to identifying economic opportunities for the state.


Lead by former US Secretary of State George P. Schultz, the council consists of distinguished leaders in economics and policy, including:



Campbell will continue to serve as dean of the Haas School while his participating on the council.


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From Marlboro to Velveeta: Can Altria Become a Model Citizen?

Can Altria, with a product line-up that includes cigarette brands Marlboro and Virginia Slims and processed foods Velveeta and Cool Whip, be considered a responsible corporate citizen? This will be one of the questions for discussion at a special Haas School event with David Greenberg, senior vice president and chief compliance officer for the Altria Group, on Wednesday, October 13.


The event is organized by the Center for Responsible Business and sponsored by the Rudolph Peterson Business Ethics Lecture Series. It will begin at 5:30 p.m. in the Executive Education Classroom (S480), followed by a reception. It is open to the public and will also be simulcast in the Bank of America Forum.


Philip Morris Companies, Inc., the parent company to the Kraft Foods, Philip Morris USA, Philip Morris International, and Philip Morris Capital Corporation, changed its name to the Altria Group, Inc., in early 2003. Greenberg is responsible for the company's compliance with corporate social responsibility objectives and integrity within the company, including employee conduct. He will start the October 13 program with a brief presentation, followed by an open discussion with the audience, which will be moderated by Haas School lecturer in Socially Responsible Business Kevin Sweeney.


For more information on the company, visit http://www.altria.com/. For more information on this event, contact Joanna Trammell at joannat@haas.berkeley.edu.


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Undergraduate Students Fly to Hong Kong for Citibank's International Case Competition

A team of Haas School undergraduate students will compete against students from business schools around the globe at the Citibank International Case Competition on October 26 to 31 in Hong Kong.


The competition, hosted by the Hong Kong University of Science and Technology's business school, is the first international business case competition to be held in Hong Kong. A mix of top-ranked international business schools has been invited to participate, including four other schools from North America: Carnegie Mellon University, McGill University, the University of Texas at Austin, and the University of Washington. Each team of four students will have 24 to 36 hours to complete a case study analysis and provide recommendations to senior management.


The team members (plus one alternate) are Charles Chen, BS 05; Jengyee Liang, BS 05 (Industrial Engineering and Operations Research); Doris Lin, BS 05 (computer science); Rachel Senko, BS 06; and Nick Thorsch, BS 05.


"International case competitions are a great opportunity for our students to gain business exposure on a larger scale and to interact with an even wider array of peers," says Erika Walker, who recently joined the Haas School as director of admissions and operations for the Undergraduate Program.


Participating in this contest marks the second case competition trip overseas for Haas undergraduates. An undergraduate team took second place in the Copenhagen Business School Case Competition this past spring.


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First-hand from the Frontlines: Industry and Government Leaders to Speak at the Haas School



The CEO of Blue Shield of California, CEO of Menlo Worldwide, and the co-founder of Leapfrog are among the business leaders taking the lectern in Haas School classrooms this fall to share their perspectives on the world of business.


Each semester, members of the Haas faculty invite CEOs, founders, and senior government officials to enrich the classroom experience with real-world expertise from the boardroom.


Below is a sampling of some of the speakers who will be coming to Haas this semester. These visits are not open to the public, although professors may allow other Haas students to attend on an individual basis.


Brand Management & Strategy (Evening & Weekend MBA 262-1) taught by Lynn Upshaw, lecturer in the Marketing Group
Susan Cashen, vice president of Marketing for TiVo; Cindy McCaffrey, vice president of Corporate Marketing for Google; Jack Calhoun, executive vice president of Marketing for Banana Republic; and Jennifer Rand, manager of New Products for Intuit.


Competitive Strategy (Evening & Weekend MBA 299E-1) taught by Meghan Busse, adjunct associate professor in the Economic Analysis and Policy Group
Lon Allen, president of Allan Advisors, Inc.


Entrepreneurship (Evening & Weekend MBA 295A-11) taught by Mark Coopersmith, MBA 86; Neil Rogers, and Paul Rogers, MBA 88, all lecturers in entrepreneurship
Michael Cookson, serial entrepreneur and executive for Aviva Sports, Wham-O, and Wild Planet Toys; Tony Levitan, co-founder of Egreetings; Delly Tamer, CEO of LetsTalk.com; Pam Passaretti, serial/initial vice president of Sales for many venture-backed start-ups; Kathryn Kranen, CEO of Jasper Design Automation; Fred Campbell, co-founder of Egreetings; Bob Bozeman, CEO of Bricsnet and former "angel" and venture investor; and Adrian Vanzyl, CEO of Seclarity.


Entrepreneurship (Evening & Weekend MBA 295A-1) taught by Jack Fuchs and Ronald Star, lecturers in entrepreneurship
Julie Shimer, CEO of Vocera Communications; Mark Fisher, senior vice president of Marketing for Danger Inc.; Cynthia Padnos, a partner with Outlook Ventures; and Andrew Moley, CFO of Inkra Network Security.


Introduction to Finance (Undergraduate 103) taught by Anusha Chari, visiting assistant professor in the Finance Group
Sharon Tetlow, CFO of diaDexus, Inc.


Introduction to the Health Care System (Full-time MBA 296-3) taught by Kristi Raube, adjunct professor and executive director of the Graduate Program in Health Management.
Bruce Bodaken, president, chairman, and CEO of Blue Shield of California.


Marketing Strategy (Full-time MBA 299M) taught by Miguel Villas-Boas, professor in the Marketing Group
Brian Kim, manager at the Analysis Group; Marc Singer, managing partner of the San Francisco office of McKinsey & Co.; and Clem Bason, MBA 00, director at Gap Inc.


Negotiations (Full-time MBA 252) taught by Laura Kray, assistant professor, in the Organizational Behavior and Industrial Relations Group
John Williford, CEO of Menlo Worldwide, and Joel Schaffer, commissioner of the Federal Mediation and Conciliation Service.


Sales, Marketing & Business Development in a Startup: The Customer Development Process (Full-time MBA 295T) taught by Steve Blank, lecturer in entrepreneurship
Jon Feiber, general partner of MDV Ventures.


Service Strategy (Full-time MBA 247A-2) taught by Tyler K. Comann, lecturer in the Operations and Information Technology Management Group
Mike Lazarus, partner with Weston Presidio and former chairman of JetBlue; Stan Boyd, senior executive of Fairmont Hotels and TravelClick; Larry Mindel, former chairman of Il Fornaio; Marc Singer, managing partner of the San Francisco office of McKinsey & Co.; and Marion McGovern, MBA 85, president of M Squared.


Social Entrepreneurship (Full-time MBA 292T) taught by William Rosenzweig, lecturer in responsible business
Michael Dorsey, managing director of JP Morgan Chase Bay Area Equity Fund; Robert Lally, co-founder of Leapfrog and president of Leapfrog SchoolHouse; Paul Rice, MBA 96, executive director of Transfair USA; and Kimberly Smith, founder and CEO of New Schools Venture Fund.


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Haas in the News

The Haas School of Business was mentioned as one of the nation's top public institutions in the Birmingham Business Journal on September 14 in an article titled "Tide, Tigers, Biz Schools Tie in 'US News' Rankings."


Robert Harris, professor emeritus, was quoted in the Daily Californian on September 14 in an article titled "Professors Push Governor to Up Minimum Wage." Harris commented on the effect of a higher California minimum wage on businesses.


Kellie McElhaney, executive director of the Center for Responsible Business, was quoted in USA Today on September 14 in an article titled "$7 M Car Giveaway Stuns TV Audience." McElhaney commented on the recent giveaway of new cars to an Oprah audience, and the ensuing public scrutiny.


David Aaker, professor emeritus, was highlighted in the East Bay Business Times on September 14 in an article titled "Haas Professor Wins MIT Award." Aaker was featured for receiving the second-ever Buck Weaver Award for marketing given by the Sloan School of Management at MIT. For full text: http://eastbay.bizjournals.com/eastbay/stories/2004/09/13/daily10.html?jst=b_ln_hl


The Haas School of Business was mentioned in the New York Times on September 12 in an article titled "Can Mr. Chips Transform Intel?" The career of Paul Otellini, MBA 74, president and COO of Intel, was featured.


In the Cleveland Plain Dealer on September 12, Severin Borenstein, E.T. Grether Professor in Public Policy and Business Administration, discussed the demand for new pilots as Vietnam War-era military pilots retire from commercial posts. The article was titled "Demand Soars for Young Pilots." For full text: http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1094981784319990.xml


Marketing professor Rashi Glazer is the UC Berkeley representative in a joint program with Zayed University, in the United Arab Emirates, introducing an innovation award for federal ministries in the UAE. Glazer was quoted in two publications regarding the award: AME Info on September 11 in an artcle titled "Innovation Award Programme Spearheads MOFI-led Initiative to Transform Federal Ministries" and the Khaleej Times on September 12 in an article titled "MOFI Announces Innovation Award for Federal Ministries." For full text: http://www.ameinfo.com/news/Detailed/45073.html and http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/September/ business_September237.xml§ion=business


In an article titled "Changing the Guard at Disney," Peter Sealey, adjunct professor in the Marketing Group, commented on the need for a new vision at a post-Eisner Disney. The article ran on September 11 in the New York Times and the Minneapolis Star Tribune. For full text: http://www.startribune.com/stories/535/4975532.html


Borenstein was quoted on competition in the airline industry in the Dallas Morning News on September 11 in an article titled "Two's a Crowd in Airport Hubs." For full text: http://www.dallasnews.com/sharedcontent/dws/bus/stories/091204dnbushubs.9a119.html


Eileen Fredrikson, MBA 65, was featured as the Wine Integrity Award Winner in a September 11 article in the Santa Rosa Press Democrat titled "Viticulture: Wine Integrity Award"


Janet Yellen, Eugene E. and Catherine M. Trefethen Professor of Business Administration and currently on leave as CEO of the San Francisco Federal Reserve Bank, was quoted in the Seattle Times on September 10 in an article titled "Fed Reserve President Expects Gradual Rise in Interest Rates." Yellen commented on the economy's future growth and inflation. For full text: http://seattletimes.nwsource.com/cgi-bin/PrintStory.pl?document_id=2002031581& zsection_id=268448455&slug=yellen10&date=20040910


Richard Gilbert, affiliated professor of economics, was quoted in the Wall Street Journal on September 10 in an article titled "Court Says Oracle Can Pursue Bid For Peoplesoft in Antitrust Ruling." Gilbert commented on how the ruling could encourage additional mergers.


Peter Johnson, co-director for full-time MBA admissions, was quoted in Indian business magazine BusinessWorld on August 23 in an article titled "U.S. B-Schools: Losing Sheen?" Johnson commented on the impact of tightened visa rules on the number of international MBA applicants. For full text: http://www.businessworldindia.com/aug2304/indepth02.asp


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Happening at Haas

MANAGEMENT OF TECHNOLOGY LECTURE SERIES
"Investing In Silicon Valley" by Brad Koenig, managing director of Goldman Sachs
Wednesday, September 29
4:00 p.m. to 6:00 p.m.
Wells Fargo Room, C420
Goldman Sachs Managing Director Brad Koenig oversees the firm's west coast technology practice, giving him a unique perspective on technology investing. Koenig will present his view of the current tech investment landscape.


BERKELEY ENTREPRENEURS FORUM
"Voice Over IP: Sustainable Strategies for a Disruptive Technology"
Thursday, September 30
6:30 p.m. to 8:30 p.m.
Arthur Andersen Auditorium
For more information, visit: http://entrepreneurship.berkeley.edu/forum.asp


CENTER FOR RESPONSIBLE BUSINESS
David Greenberg, senior vice president and chief compliance officer, Altria Group, Inc. (Altria is the parent company of Philip Morris and Kraft Foods)
Executive Education Classroom, S480
Wednesday, October 13
5:30 p.m.
For more information, contact Joanna Trammell at joannat@haas.berkeley.edu.


Seminars
BERKELEY REAL ESTATE SEMINAR
"Household Risks and the Demand for Housing Commitments" by Todd Sinai, Wharton School
Monday, September 20
12:30 p.m. to 2:00 p.m.
Room C135
For more information, contact Thomas Randle at randle@haas.berkeley.edu.


ORGANIZATIONAL BEHAVIOR AND INDUSTRIAL RELATIONS SEMINAR
"Constructing Markets and Organizing Boundaries: Entrepreneurial Action in Nascent Fields" by Kathleen Eisenhardt, Stanford University
Wednesday, September 22
4:00 p.m. to 5:30 p.m.
Room C220
For more information, contact Deborah Houy at houy@haas.berkeley.edu.


FINANCE SEMINAR
"Corporate Investment and Asset Price Dynamics: Implications for SEO Event Studies and Long-Run Performance" by Adlai Fisher, University of British
Columbia
Thursday, September 23
4:10 p.m. to 5:40 p.m.
Room C210
For more information, contact June Wong at june@haas.berkeley.edu


INSTITUTIONAL ANALYSIS WORKSHOP
"Games Prisoners Play: Informal Institutions of Prison Subculture" by Marek Kaminski, University of California, Irvine
Thursday, September 23
4:00 p.m. to 6:00 p.m.
Room C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.


BERKELEY REAL ESTATE SEMINAR
"Pricing of Shared Appreciation Mortgages" by Gerd Welke, Haas School of Business
Monday, September 27
12:30 p.m. to 2:00 p.m.
Room C135
For more information, contact Thomas Randle at randle@haas.berkeley.edu.


ORGANIZATIONAL BEHAVIOR AND INDUSTRIAL RELATIONS SEMINAR
Shifts in Ethnography (Through the Ages) by John Van Maanen, MIT
Wednesday, September 29
4:00 p.m. to 5:30 p.m.
Room C220
For more information, contact Deborah Houy at houy@haas.berkeley.edu.


FINANCE SEMINAR
"Financial Intermediation and the Costs of Trading in an Opaque Market" by Burton Hollifield, Carnegie Mellon
Thursday, September 30
4:10 p.m. to 5:40 p.m.
Room C210
For more information, contact June Wong at june@haas.berkeley.edu


INSTITUTIONAL ANALYSIS WORKSHOP
"Detecting Manipulation in US House Elections: 1898-1992" by Jason Snyder, University of California, Berkeley
Thursday, September 30
4:00 p.m. to 6:00 p.m.
Room C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.


BERKELEY REAL ESTATE SEMINAR
Barbara Bhukvalova, Haas School of Business
Monday, October 4
12:30 p.m. to 2:00 p.m.
Room C135
For more information, contact Thomas Randle at randle@haas.berkeley.edu.


Alumni Events
LONDON ALUMNI
Pub Night With Berkeley in Britain
Tuesday, September 21
6:30 p.m. to 9:00 p.m.
Location: The Golden Lion, 25 King's Street, London SW1 (nearest tube: Green Park).
Cost: Free
For more information: MatthewDaines@californiahouse.org.uk


SAN FRANCISCO ALUMNI
Creating a Career Marketing Plan Workshop
Wednesday, September 22
6:00 p.m. to 8:00 p.m.
SOLD OUT!
For more information: www.acteva.com/go/hansf
Location: Accenture, One Market Street, 42 Floor, ask for Evelyn Goodfriend or Emilie Cortes
Cost: $5 (pay cash at the door, but RSVP on acteva)
RSVP to www.acteva.com/go/hansf
For more information, please contact Emilie Cortes, MBA 02, at cortes@mba.berkeley.edu.


NEW YORK ALUMNI
Career Workshop on "How to get promoted in your current company" & Reception with Dean Tom Campbell
Thursday, September 23
4:30 p.m. to 8:00 p.m. (reception begins at 6:00 p.m.)
Midtown Executive and Chemists' Club
The cost for the workshop and reception is $45 per person. For the reception only, the cost is $25 per person.
For more information, contact the Haas School Alumni Relations Office at 510-642-7790 or alumni@haas.berkeley.edu.


SAN FRANCISCO ALUMNI
"Two Coasts, Three Countries, All MBAs" Multi-School Bar of the Month
Thursday, September 23
6:30 p.m. to 9:00 p.m.
Kelly's Irish Pub, 530 Jackson Street, San Francisco
Haas is hosting a joint bar of the month with Columbia, INSEAD, London School of Business, and MIT to strengthen our network with these other schools.
For more information: www.hansf.com or contact Andy Szirtes at
andras_szirtes@yahoo.com or David Gimpelevich at gimpelev@alumni.haas.org.


ALL ALUMNI
Homecoming Celebration
Saturday, October 16, 2004
10:00 a.m. to 3:00 p.m.
Former students of the Haas School will reunite for a festive day back on campus. The annual Haas School homecoming kicks off with a special lecture by Dean Tom Campbell on his insights and perspectives on the current economic and political landscape. This session will be followed by a Mexican fiesta luncheon in the courtyard with live music and special activities for kids. Then it is off to Memorial Stadium to watch the Golden Bears play football against UCLA. Join us for this festive autumn day. Advanced registration required. The registration deadline is October 8.
For more information, call the Haas School Alumni Relations Office at
510-642-7790 or go to http://www.haas.berkeley.edu/alumni/homecoming.


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