Hugo F. Sonnenschein

Hugo Freund Sonnenschein (born November 14, 1940, New York)[2][3] is a prominent American economist and educational administrator. Currently the Adam Smith Distinguished Service Professor in Economics at the University of Chicago, his specialty is microeconomic theory, with a particular interest in general equilibrium theory. He served as the 11th president of the University of Chicago (1993–2000),[4][5] and remains a member of the university's Board of Trustees.[6] Previously, he served as Provost of Princeton University and Dean of the School of Arts and Sciences at the University of Pennsylvania. Sonnenschein attended the University of Rochester for his undergraduate studies from 1957–1961, and received his Ph.D. in Economics from Purdue University in 1964.[7] He is known for the Sonnenschein–Mantel–Debreu theorem, and more generally for his work on Walrasian general equilibrium theory.[8][9]

For the Austrian writer (1890–1953), see Hugo Sonnenschein.
Hugo F. Sonnenschein
Institutions
Alma mater
Purdue University (PhD 1964)

University of Rochester (BA 1961)

Doctoral
advisor		Stanley Reiter[1]
Doctoral
students
Information at IDEAS / RePEc

He has received the 2009 BBVA Foundation Frontiers of Knowledge Award in Economy, Finance and Management (co-winner with Andreu Mas-Colell).

General Work at University of Chicago

During Sonnenschein's presidency at University of Chicago which started on July 1, 1993, he made remarkable raised expectations of the school's fund raising, devoted many resources to the improvement of campus life and facilities, fortified the enrollment of the best students in the nation, and furthered a comprehensive plan to continue expanding the undergraduate College which had been started by the previous presidents of the school. [10] Sonnenschein's Campus Master Plan (only the fourth in the 108 year history of the school) included the construction of the Gerald Ratner Athletics Center, building a new campus for the Graduate School of Business and increasing the University library's capacity.[11]

Fund Raising

In his third year, the university raised $676 million dollars for the purposes of supporting student aid, facilities, and research at the end of the school's five year "Campaign for the Next Century". During Sonnenschein's tenure, the university's endowment increased from $1.2 billion to $2.9 billion, following the increased fund raising rate in the president's last five years.[12]

Curricular Reform

During his tenure as president of the University of Chicago, the faculty made significant changes to the curriculum, including a reduction to the required number of "Core" courses in the College.[13] This move was met with much controversy.[14][15] Some changes also included more opportunities for students to learn foreign languages and study abroad.[16]

Student Success

During his period, University of Chicago students were among the very best of the nation, taking first place in 14 of 21 fields of study and second in 6 of the remaining 7 fields of study at junior-level faculty hires in universities across states.[17]

References
  1. A brief Biographical Sketch of Hugo F. Sonnenschein. (Accessed September 2016)
  2. Who's who in the Midwest: A Biographical Dictionary of Noteworthy Men and Women of the Central and Midwestern States
  4. "History of the Office". The University of Chicago News Office. Archived from the original on 26 July 2011. Retrieved 8 April 2011.
  5. "Hugo Sonnenschein (1993-2000)". University of Chicago. Retrieved 8 April 2011.
  6. "Hugo F. Sonnenschein Biographical Sketch" (PDF). University of Chicago. Retrieved 8 April 2011.
  7. "HUGO F. SONNENSCHEIN CV" (PDF). University of Chicago. Retrieved 8 April 2011.
  8. Rizvi, S. Abu Turab (2006). "The Sonnenschein-Mantel-Debreu Results after Thirty Years" (PDF). History of Political Economy. Duke University Press. 38: 228–245. doi:10.1215/00182702-2005-024.
  9. Sonnenschein, Hugo (1973). "Do Walras' Identity and Continuity Characterize the Class of Community Excess Demand Functions?". Journal of Economic Theory. Elsevier. 6 (4): 345–354. doi:10.1016/0022-0531(73)90066-5.
  10. "Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.
  11. "Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.
  12. "Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.
  13. Menashi, Steven (January 13, 1999). "Doing it the Chicago Way". The Dartmouth Review. Archived from the original on 26 August 2011. Retrieved 8 April 2011.
  14. Meyer, Meredith (October 31, 2004). "Gradual changes define the University". Chicago Maroon. Archived from the original on 28 March 2012. Retrieved 8 April 2011.
  15. "IT'S 'PROFESSOR SONNENSCHEIN' AGAIN". Rochester Review. University of Rochester. Fall 2000. Retrieved 8 April 2011.
  16. "Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.
  17. "Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.

"Hugo Sonnenschein 1993-2000". University of Chicago. Retrieved 8 December 2020.

Academic offices
Preceded by
Hanna Holborn Gray		 President of the University of Chicago
1993–2000		 Succeeded by
Don Michael Randel
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