About The Department

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		MIT Economics faculty convene summit to explore school effectiveness Education leaders and scholars from across the country attended the MIT School Access and Quality Summit on November 13, 2018, sponsored by the School Effectiveness and Inequality Initiative (SEII) and the MIT Integrated Learning Initiative (MITili). The conference convened researchers, practitioners, and policymakers to explore school enrollment strategies that increase access and generate data to measure, plan, and improve school effectiveness.

		Featured: Alex Wolitzky uses game theory to model institutions, networks, and social dynamics Associate Professor Alex Wolitzky deploys game theory, the study of strategic interactions between decision-makers, to explain observed behavior across a range of political and social institutions. In a 2014 article co-authored with Daron Acemoglu,"Cycles of Conflict: An Economic Model," Prof. Wolitzky models how a spiral of aggression unwinds when one or both sides learn that the aggression was unnecessary. Prof. Wolitzky plans to continue to study the intersection of game theory and modeling large-scale events, as well as share his passion with students by teaching 14.18 (Mathematical Economic Modeling).

		UEA Lecture: "Economics and Data Science" Chief Economics of Google, Hal Varian, gave a lecture on Wednesday, December 5th in building 6-120. Hal Varian presented the ways in which the large data sets that are increasingly available in the digital economy are creating new opportunities for economic research, and how economic analysis is playing a key role in shaping the field of data science.

		6-14 major Divya Goel discusses her SuperUROP project Video shot and produced by Lillie Paquette highlights a senior named Divya Goel who is studying Computer Science, Economics and Data Science (Course 6-14). Divya speaks about her experience in the SuperUROP program, working with Professor Kim of Political Science and IDSS, on a database called LobbyView that showcases the links between firm-level lobbying and campaign contributions in the American political system.

		Dr. Gabriel Kreindler awarded the 2018 Dan and Eva Roos Thesis Prize for Transportation A 2018 graduate of the Economics Department, Dr. Gabriel Kreindler, has been awarded the 2018 Dan and Eva Roos Thesis Prize for Transportation for his outstanding dissertation titled "Essays on the Economics of Urban Transportation." The awards ceremony hosted by the MIT Transportation Students Group and a talk by Dr. Kreindler will take place on Monday, November 26 from 12-1 PM in E40-356/366.

		Stephen Morris, newly elected Econometric Society President, to join MIT Economics The Department congratulates incoming MIT faculty member Stephen Morris on his election as President of the Econometric Society. Morris, an outstanding economic theorist who has made transformative contributions to global games, mechanism design, and the foundations of game theory, will join the MIT Economics Department in the fall of 2019.

		Anna Mikusheva elected Fellow of the Econometric Society Associate Professor of Economics, Anna Mikusheva, was elected Fellow of the Econometric society in November 2018.

		Department-Wide Seminar: Bard Harstad On Wednesday, November 14, Bard Harstad from the University of Oslo joined us to speak about his paper, "Pledge-and-Review Bargaining: From Kyoto to Paris." Professor Harstad presented and analyzed a new bargaining model, and then embedded it into a dynamic climate change game in order to rationalize the key differences between the Paris Agreement and the Kyoto Protocol. This seminar was open to the public and took place at 4pm in E51-395.

		MIT alumnus William Nordhaus wins Nobel Prize in economic sciences William D. Nordhaus, a professor of economics at Yale University, won the 2018 Nobel Prize in Economics, along with Paul M. Romer of New York University's Stern School of Business. Nordhaus received his PhD from MIT in 1967 under the supervision of Robert M. Solow. He is known for his work on the long-term interaction of climate change and the economy.

		Amy Finkelstein wins 2018 MacArthur Fellowship The John & Jennie S. MacDonald Professor of Economics, Amy Finkelstein, won the prestigious MacArthur Fellowship in 2018 for "formulating robust empirical methods to illuminate the hidden complexities of health care policy and provide data-driven guidance for future innovations in theory and practice." Photo credit to the John D. & Catherine T. MacArthur Foundation.

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