About Elizabeth Bailey
Elizabeth Ellery Bailey (née Raymond; November 26, 1938 – August 19, 2022) was an American economist. She was the John C. Hower Professor of Business and Public Policy, at The Wharton School of the University of Pennsylvania. Bailey studied deregulation, market competition and regulatory capture through her career and contributed to the deregulation of the airline industry in the United States in the late 1970s. Bailey was the first woman to graduate with a PhD in economics from Princeton University and was considered a "pathbreaker for women in economics".
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