Robert S. Pindyck is Professor of Economics and Finance in the Massachussets Institute of Technology (MIT) and Bank of Tokyo-Mitsubishi Professor of Economics and Finance in the Sloan School of Management of MIT. He holds a SB in Electrical Engineering and Physics, a SM in Electrical Engineering, and a PhD in Economics from MIT. He is coauthor of the books Econometric Models and Economic Forecasts, Microeconomics, and Investment Under Uncertainty.