Olin’s Cripps installed as Wallace professor

Martin Cripps, Ph.D., professor of managerial economics and chair of the M.B.A. alumni committee at the Olin School of Business, was installed May 11 as the John K. Wallace Jr. and Ellen A. Wallace Distinguished Professor of Managerial Economics.

The installation ceremony was held in the Charles F. Knight Executive Education Center.

Martin Cripps
Martin Cripps

“Martin Cripps is a world-class economist,” said Stuart I. Greenbaum, Ph.D., dean of the Olin School and the Bank of America Professor of Managerial Leadership. “His scholarship is consistently placed in the world’s leading journals, and he is recognized by his peers for his outstanding work.

“On top of his academic work, his students will tell you that he is equally world-class when it comes to his teaching. Martin certainly is a worthy beneficiary to the Wallace chair.”

Cripps earned bachelor’s (1981), master’s (1982) and doctoral (1986) degrees from the London School of Economics. He worked as a lecturer, reader and, ultimately, a professor at the University of Warwick.

He has been a visiting lecturer and faculty member at several institutions, including the universities of Bonn, Paris and Tilburg. In 1999, Cripps came to the Olin School as a visiting professor of economics. In 2000, he took a post as professor of managerial economics.

As a researcher, Cripps focuses on reputation and the role information plays in dynamic strategic environments. He also researches bargaining, debt and the strategic foundations of competitive markets.

His work has appeared in several internationally recognized journals, including Econometrica, International Economics Review, the Journal of Economic Theory and the Journal of Economic Dynamics and Control.

Cripps serves on the editorial board of the Review of Economic Studies and is the associate editor of Theoretical Economics, a new academic journal.

The goal of the M.B.A. alumni committee that Cripps chairs is to investigate how the school can improve its relationship with M.B.A. graduates.

He and his wife, Louise, have four children: Edward, 22, who is studying architecture at the Illinois Institute of Technology; Robert, 21, a WUSTL student studying anthropology in Arts & Sciences; Grace, 13; and Daisy, 5.