Review of Industrial Organization 14: 187, 1999.
Industrial Organization Society
At the Society’s Reception and Awards Gathering on January 4, 1999, the two
following First Annual Awards were announced:
DISTINGUISHED FELLOW AWARD
To FREDERIC M. SCHERER, the Kennedy School, Harvard University.
This award will be given annually in recognition of excellence in Research, Edu-
cation, and Professional Leadership in the ﬁeld of Industrial Organization.
The criterion for excellence in Research will recognize scholarship that has led oth-
ers to pursue new directions or new methodologies in industrial organization. This
component of the award also recognizes scholarly endeavors that draw together or
distill the research of others in a new or fruitful manner.
The criterion for excellence in Education will recognize exemplary inﬂuence upon
students and policy makers in industrial organization.
The criterion for excellence in Professional Leadership will recognize endeavors
to promote collegiality within the ﬁeld of industrial organization as well as the
promotion of industrial organizaton within the larger discipline of economics itself.
YOUNGER SCHOLAR BEST PAPER AWARD
To RACHAEL E. GOODHUE, Department of Agricultural and Resource Eco-
nomics, University of California, Berkeley.
This award is for outstanding research by a younger scholar (less than 40 years of
age) published in the Review of Industrial Organization during the previous year
(in this instance, between August 1997 and June 1998). A committee of three eval-
uates eligible papers, stressing criteria of originality, technical excellence, quality
of exposition, and contribution to understanding of how the industrial economy