Grants per year
Personal profile
Research Interests
Professor Satterthwaite is a microeconomic theorist who has a keen applied interest in how health care markets work. His theoretical work is in two areas. The first is on how market mechanisms, when the number of participants is large, induce individuals to reveal their valuations almost accurately and select almost optimal allocations. The second is the dynamics of competition under entry, exit, and investments into competitive advantage. On the health side, he is concerned with how consumer information affects competition among physicians and how the prices for hospital services are determined within a managed care environment.
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
Education/Academic qualification
Economics, PhD, University of Wisconsin-Madison
… → 1973
MS, University of Wisconsin-Madison
… → 1969
BS, California Institute of Technology
… → 1967
Research interests keywords
- Competition in healthcare
- Game theory
- Healthcare management
- Industrial organization economics
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Collaborations and top research areas from the last five years
Grants
- 4 Finished
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New Approaches to Identifying Market Power in Health Care
Dranove, D. (PD/PI) & Satterthwaite, M. (Co-PD/PI)
Robert Wood Johnson Foundation
5/1/04 → 4/30/06
Project: Research project
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New Approaches to Identifying Market Power in Health Care
Dranove, D. (PD/PI) & Satterthwaite, M. (Co-PD/PI)
Robert Wood Johnson Foundation
5/1/04 → 4/30/06
Project: Research project
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ITR/PE+SY: Collaborative Research: Foundations of Electronic Marketplaces: Game Theory, Algorithms, and Systems
Satterthwaite, M. (PD/PI)
9/15/01 → 5/31/08
Project: Research project
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ITR/PE+SY: Collaborative Research: Foundations of Electronic Marketplaces: Game Theory, Algorithms, and Systems
Satterthwaite, M. (PD/PI)
9/15/01 → 5/31/08
Project: Research project
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Price discovery using a double auction
Satterthwaite, M. A., Williams, S. R. & Zachariadis, K. E., Jan 2022, In: Games and Economic Behavior. 131, p. 57-83 27 p.Research output: Contribution to journal › Article › peer-review
3 Scopus citations -
Internal versus external growth in industries with scale economies: A computational model of optimal merger policy
Mermelstein, B., Nocke, V., Satterthwaite, M. A. & Whinston, M. D., Jan 1 2020, In: Journal of Political Economy. 128, 1, p. 301-341 41 p.Research output: Contribution to journal › Article › peer-review
Open Access21 Scopus citations -
Price Discovery Using a Double Auction
Satterthwaite, M. A., Williams, S. R. & Zachariadis, K. E., Jun 2 2015, Social Science Research Network (SSRN), 75 p.Research output: Working paper
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Internal Versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy
Mermelstein, B., Nocke, V., Satterthwaite, M. A. & Whinston, M. D., Apr 2014, Social Science Research Network (SSRN), 61 p.Research output: Working paper
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Optimality versus practicality in market design: A comparison of two double auctions
Satterthwaite, M. A., Williams, S. R. & Zachariadis, K. E., Jul 2014, In: Games and Economic Behavior. 86, p. 248-263 16 p.Research output: Contribution to journal › Article › peer-review
4 Scopus citations