Sloan President Paul Joskow Named Distinguished Fellow by American Economic Association
On April 12th, Alfred P. Sloan Foundation President Paul L. Joskow was named a Distinguished Fellow of the American Economic Association (AEA). Distinguished fellowship is the highest honor bestowed by the AEA and is awarded in recognition of contributions to the field of economics of the highest distinction. Dr. Joskow was named a distinguished fellow in recognition of fundamental contributions to the economics of regulation, industrial organization, applied contract theory, and energy and environmental economics.
Since the awards were instituted in 1965, only a handful of scholars have been named distinguished fellows, including Ludwig von Mises, John Harsanyi, Edmund Phelps, Daniel Kahneman, Janet Yellen, and Lloyd Shapley, the winner of this year’s Nobel Prize.
Dr. Joskow is currently the Elizabeth and James Killian Professor of Economics, Emeritus at MIT. He joined the MIT faculty in 1972, serving as Head of the Department of Economics from 1994 to 1998 and as director of the MIT Center for Energy and Environmental Policy Research from 1999 to 2007.
The American Economic Association has published a brief summary of Dr. Joskow's contributions to economics on its website. Also named as distinguished fellows this year were Harold Demsetz of UCLA, Stanley Fischer from the Bank of Israel, and Jerry Hausman of MIT.