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Encyclopedia > Robert H. Frank

Professor Robert H. Frank is the Henrietta Johnson Louis Professor of Management Professor of Economics at Cornell University's S.C. Johnson Graduate School of Management. He is a monthly contributor to the "Economic Scene" column in The New York Times. The meaning of the word professor (Latin: one who claims publicly to be an expert) varies. ... ‹ The template below is being considered for deletion. ... “Cornell” redirects here. ... The S.C. Johnson Graduate School of Management, also referred as the Johnson School, is located at Cornell University. ... A column a recurring piece or article in a newspaper, magazine or other publication. ... The New York Times is a daily newspaper published in New York City and distributed internationally. ...

Until 2001, he was the Goldwin Smith Professor of Economics, Ethics, and Public Policy in Cornell's College of Arts and Sciences at Cornell University. He has also served as a Peace Corps volunteer in rural Nepal, chief economist for the Civil Aeronautics Board, fellow at the Center for Advanced Study in the Behavioral Sciences, and was Professor of American Civilization at École des hautes études en sciences sociales in Paris. College of Arts & Sciences logo Cornell Universitys College of Arts and Sciences (A&S or CAS) has been part of the university since its founding, although its name has changed over time. ... It has been suggested that Crisis corps be merged into this article or section. ... The École des Hautes Études en Sciences Sociales (French for School for Advanced Studies in the Social Sciences; EHESS) is a French institution for research and higher education, a Grand Établissement. ... This article is about the capital of France. ...

Professor Frank's books include Choosing the Right Pond, Passions within Reason, Microeconomics and Behavior, Luxury Fever, and What Price the Moral High Ground? The Winner-Take-All Society, co-authored with Philip Cook, was named a Notable Book of the Year by The New York Times, and was included in Business Week's list of the ten best books for 1995. He recently released two books on microeconmics - "the Economic Naturalist, and "Falling Behind."

Professor Frank holds a BS in mathematics from the Georgia Institute of Technology. He also holds an MA in statistics and a PhD in economics, both from UC Berkeley. The Georgia Institute of Technology, commonly known as Georgia Tech, is a public, coeducational research university, part of the University System of Georgia, and located in Atlanta, Georgia, USA, with satellite campuses in Savannah, Georgia, Metz, France and Singapore. ... Sather tower (the Campanile) looking out over the San Francisco Bay and Mount Tamalpais. ...


Notable theories

Frank is known for his book Choosing the Right Pond that shows how important status is, and how much we pay for our status. Frank argues that the race for status is bad for society as a whole, as there cannot be improvement in overall status available, because every time person A raises above person B, the sum of their status remains the same. The only thing that changes is which person is where in the hierarchy.

He reasons that this race for status explains partly why increases in wealth do not increase well-being, or do not increase it much. If most of our earnings are spent on an empty game of status, we should not expect much improvement in quality of life.


  • Choosing the Right Pond: Human Behavior and the Quest for Status. New York: Oxford University Press, 1985
  • Passions Within Reason: The Strategic Role of the Emotions. New York: W.W. Norton, 1988
  • Luxury Fever: Money and Happiness in an Era of Excess. Princeton: Princeton University Press, 2000
  • What Price the Moral High Ground? Ethical Dilemmas in Competitive Environments. Princeton: Princeton University Press, 2004
  • Microeconomics and Behavior, 6e. New York: McGraw-Hill, 2005
  • Principles of Economics, with Ben S. Bernanke. New York: McGraw-Hill, 2006
  • The Economic Naturalist: In Search of Solutions to Everyday Enigmas. New York: Basic Books, 2007
  • Falling Behind: How Rising Inequality Harms the Middle Class. Berkeley: University of California Press, 2007


External links



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