Scott E. Masten is a professor of business economics and public policy in the University of Michigan's Ross School of Business, where he has been a faculty member since 1984. A leading scholar in the area of transaction cost economics, Professor Masten has had a longstanding interest in law, especially as it relates to issues in economics and organization.

He has published extensively on contracting, antitrust, and the organization of the firm. Current research projects include studies of university governance and the comparative analysis of legal and private enforcement institutions. In 1998, he was awarded the Louis and Myrtle Moskowitz Research Professorship in Business and Law, and has held appointments as the John M. Olin Distinguished Visiting Professor of Law at the University of Virginia Law School and as the Visiting Research Fellow at Yale Law School.

At the Business School, Professor Masten teaches the required MBA and BBA Applied Microeconomics course, an MBA elective on business transactions, and a doctoral seminar on the Economics of Institutions and Organization. At the Law School, he has taught Economic Analysis of Law and Contract Design and Interpretation.

He is a co-editor of the Journal of Economics & Management Strategy and serves on the editorial boards of the Journal of Law, Economics, and Organization and Managerial and Decision Economics. ​