Edward E Schlee

Edward E Schlee is a Professor of Economics at Arizona State University, specializing in the Economics of Uncertainty and Information, Normative Criteria under Uncertainty, and the History of Economic Theory. His research focuses on welfare analysis, insurance markets, and decision theory, with notable contributions to understanding adverse selection, risk aversion, and policy implications of economic uncertainty. He has held editorial roles at the American Economic Review (Editorial Board, 2014-17) and the Journal of Public Economic Theory (Associate Editor, 2017-).

His work spans theoretical and applied economics, including studies on the value of information in risk-sharing arrangements, cost-benefit analysis frameworks, and the historical development of utility theory. Recent publications include analyses of welfare metrics, insurance market dynamics, and policy uncertainty costs.

Key research areas include:

• Welfare measurement and Pareto efficiency
• Risk aversion and income effects in market mechanisms
• Historical critiques of demand theory and economic methodology

His articles frequently address policy-relevant topics such as cost-benefit analysis, market design under uncertainty, and the implications of information asymmetry in insurance and financial markets.