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05-07-2014

Mark Frascatore Promoted to Full Professor at Clarkson University

Clarkson University President Tony Collins has announced that Mark R. Frascatore has been promoted from associate professor to full professor of economics and financial studies in the School of Business. Promotion to professor is considered to be virtually the highest honor that a university can bestow upon its faculty.

Mark R. FrascatoreFrascatore is an economist with expertise in the theory of the firm, including applications in agency theory, game theory, product differentiation, and strategic R&D. His research uses microeconomic modeling to develop methods to improve firm profits via business-to-business contracting, investments in product quality, and investments in R&D.

He is a renowned scholar, having published his research across various disciplines and in a wide range of journals, including the International Journal of Industrial Organization, International Journal of Industrial Engineering, European Journal of Operational Research, Canadian Journal of Economics, and International Game Theory Review. He has also presented his research at dozens of conferences and invited seminars around the world.

Frascatore is an accomplished teacher both in the classroom and online, and has travelled with groups of students to study in Italy and Greece. He has been recognized with numerous awards including the Outstanding New Teacher Award, the MBA Program Professor of the Year Award, the CUSA Outstanding Teacher Award, the Kristin Craig Memorial Faculty Recognition Award, and the Clarkson University Distinguished Teacher Award.

He has received multiple research grants from Clarkson’s Center for Supply Chain Management and the Reh Center for Entrepreneurship, is a regular speaker at the Global Supply Chain Management Executive Seminar, and has consulted for the Connecticut Center for Advanced Technology.

At Clarkson, Frascatore has held several administrative positions including director of undergraduate business programs, and area coordinator for the Faculty of Economics and Financial Studies. He has worked for Glassman-Oliver Economic Consultants in Washington, D.C., and was a visiting lecturer and adjunct research professor at Massey University in New Zealand.

Frascatore holds a bachelor of science degree in economics from SUNY Binghamton, and a master of science and Ph.D. in economics from Virginia Tech.

Frascatore has provided service to his profession by conducting reviews for dozens of books and journals, and by organizing and chairing sessions at international conferences. He has also served his community, most recently by completing a three-year term on the Potsdam Central School District Board of Education.

Clarkson University launches leaders into the global economy. One in five alumni already leads as a CEO, VP or equivalent senior executive of a company. Located just outside the Adirondack Park in Potsdam, N.Y., Clarkson is a nationally recognized research university for undergraduates with select graduate programs in signature areas of academic excellence directed toward the world's pressing issues. Through 50 rigorous programs of study in engineering, business, arts, sciences and health sciences, the entire learning-living community spans boundaries across disciplines, nations and cultures to build powers of observation, challenge the status quo, and connect discovery and engineering innovation with enterprise.

[A photograph for media use is available at http://www.clarkson.edu/news/photos/mfrascatore.jpg .]

[News directors and editors: For more information, contact Michael P. Griffin, director of News & Digital Content Services, at 315-268-6716 or mgriffin@clarkson.edu.]

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