Oster spent her 43-year professional career as a professor and administrator at Yale University.
[6][1][2] Oster took a $100,000 pay cut from her yearly salary as the dean of the Yale School of Management in 2009 to fund internships for students.
[8] Oster wrote, co-wrote, or edited five academic books, including Modern Competitive Analysis (1990. revised 1993 and 1999) and Strategic Management of Nonprofits (1995).
[1] She was the 2011 winner of the Carolyn Shaw Bell Award from the American Economic Association.
[11] She died of lung cancer at her home in New Haven, Connecticut, on June 10, 2022, aged 73.