Monday, April 18, 2011

Jon Levin, Clark Medalist

Among a long list of accomplishments, the AEA includes these:

"The Organization and Design of Markets
A second main strand of Levin's research focuses on the success or failure of specific markets in efficiently allocating scarce resources.  Much of it attempts to determine whether changes in market design and institutions would lead to  more efficient outcomes. This research is distinguished by the way it integrates economic  theory, novel empirical methods, and data to obtain interesting new insights.  For example, in a series of papers with Susan Athey (a previous John Bates Clark medalist), Levin studied competitive bidding for federally-owned timber, with the goal of understanding how different auction  rules used by the government have affected competition. These papers are examples of excellent applied work, and they helped establish the frontier for empirical work on auctions, an active and exciting area in the last decade."

Congratulations, Jon.

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