- Susan Athey
Infobox_Scientist
name = Susan Athey
caption =
birth_date = Birth date and age|1970|11|29|mf=y
birth_place =Boston, Massachusetts
death_date =
death_place =
residence = flagicon|USA U.S.
nationality = flagicon|USA American
field =Economics
work_institution =Harvard University
alma_mater =Duke University Stanford Graduate School of Business
doctoral_advisor =Paul Milgrom Donald John Roberts
doctoral_students =
known_for =
prizes =John Bates Clark Medal (2007)
religion =
footnotes =Susan Carleton Athey (born
November 29 ,1970 ) is an Americaneconomist . She is currently Professor of Economics atHarvard University and the first female winner of theJohn Bates Clark Medal .cite news | first=Lisa | last=Priest | coauthors= | title=Economist who aided Canada wins top honour | date=April 23 2007 | publisher= | url =http://www.theglobeandmail.com/servlet/story/RTGAM.20070423.wxeconomist23/BNStory/National/home | work =Globe&Mail, Toronto | pages = | accessdate = 2007-04-23 | language = ]Early life
Susan Athey was born in
Boston, Massachusetts and grew up inRockville, Maryland .She attended
Duke University from the age of 16. As an undergraduate at Duke, she completed three majors, inEconomics ,Mathematics , andComputer Science . She got her start in economics research as a sophomore, working on problems related toauction s with Professor Robert Marshall. She was involved in a number of activities at Duke. She served as treasurer of Chi Omega sorority and as president of thefield hockey club.She graduated with a Ph.D. from the
Stanford Graduate School of Business at the age of 24, her thesis supervised by ProfessorsPaul Milgrom andDonald John Roberts .Academic career
Athey's first position was as an Assistant, Associate Professor and Castle Krob Career Development Chair at the
Massachusetts Institute of Technology for six years before returning to Stanford's Department of Economics as Professor holding the Holbrook Working Chair for another five years.Contributions
While she contributes to several areas of economics, her most notable contributions included a new way to model uncertainty (the subject of her doctoral dissertation) and understand investor behavior given uncertainty, and her insights into the behavior of auctions. Her work changed the way auctions are held. In the early 1990s, Athey uncovered the weaknesses of an overly lenient dispute mechanism. Starting with her experiences selling computers to the US government at auctions, Athey discovered that open auctions which resulted in frequent legal disputes followed by settlements were actually rife with collusion - auction winners shared a portion of their spoils with losers who had cooperated in bidding. Athey's proposal to use sealed bids to reduce the probability of a corrupted auction was widely adopted. [cite news |first=Mark |last=Whitehouse |title=Economist Breaks New Ground As First Female Winner of Top Prize |url= http://online.wsj.com/article_email/SB117708892644877101-lMyQjAxMDE3NzI3MTAyODE4Wj.html |work=
Wall Street Journal |publisher= |date=2007-04-21 |accessdate=2008-06-20]Professional Service
Susan Athey is the co-editor of the new American Economic Journals: Microeconomics published by the
American Economic Association . She has served as an associate editor of several leading journals, including the American Economic Review, Review of Economic Studies, and the RAND Journal of Economics, as well as theNational Science Foundation economics panel, and she currently serves as an associate editor for Econometrica, Theoretical Economics, and Quarterly Journal of Economics. She is a past co-editor of Journal of Economics and Management Strategy. She was the chair of the program committee for the 2006 North American Winter Meetings, and she has served on numerous committees for theEconometric Society , the American Economic Association, and the Committee for the Status of Women in the Economics Profession.Awards and Honors
Susan Athey has received the following awards:
*John Bates Clark Medal in 2007
* Elaine Bennett Research Award in 2000 (This award is given every other year to a young woman economist who has made outstanding contributions to any field.)
* State Farm Dissertation Award in 1995
* Stanford University Leiberman Fellowship
* Fellow, Econometric Society, 2004-Publications
*cite journal |author=———; Bagwell, Kyle |year=2008 |month= |title=Collusion with Persistent Cost Shocks |journal=
Econometrica |volume=TBA |issue= |pages= |doi= |url= |accessdate= |quote= (Accepted subject to final revisions)
*cite journal |author=———; Miller, David |year=2007 |month= |title=Efficiency in Repeated Trade with Hidden Valuations |journal=Theoretical Economics |volume=2 |issue=3 |pages=299–354 |doi= |url=http://econtheory.org/ojs/index.php/te/article/view/20070299 |accessdate= |quote=
*cite journal |author=———; Imbens, Guido W. |year=2007 |month= |title=Discrete Choice Models with Multiple Unobserved Choice Characteristics |journal=International Economic Review |volume=48 |issue=4 |pages=1159-1192 |doi=10.1111/j.1468-2354.2007.00458.x |url= |accessdate= |quote=
*cite journal |author=———; Imbens, Guido W. |year=2006 |month= |title=Identification and Inference in Nonlinear Difference-In-Difference Models |journal=Econometrica |volume=74 |issue=2 |pages=431-498 |doi=10.1111/j.1468-0262.2006.00668.x |url= |accessdate= |quote=
*cite journal |author=———; Atkeson, Andrew; Kehoe, Patrick J. |year=2005 |month= |title=The Optimal Degree of Monetary Policy Discretion |journal=Econometrica |volume=73 |issue=5 |pages=1431-1476 |doi=10.1111/j.1468-0262.2005.00626.x |url= |accessdate= |quote=
*cite journal |author=———; Bagwell, Kyle; Sanchirico, Chris |year=2004 |month= |title=Collusion and Price Rigidity |journal=Review of Economic Studies |volume=71 |issue=2 |pages=317-349 |doi=10.1111/0034-6527.00286 |url= |accessdate= |quote=
*cite journal |author=———; Haile, Philip |year=2002 |month= |title=Identification in Standard Auction Models |journal=Econometrica |volume=70 |issue=6 |pages=2107-2140 |doi=10.1111/1468-0262.00371 |url= |accessdate= |quote=
*cite journal |author=———; Stern, Scott |year=2002 |month= |title=The Impact of Information Technology on Emergency Health Care Outcomes |journal=RAND Journal of Economics |volume=33 |issue=3 |pages=399-432 |doi= |url=http://www.rje.org/abstracts/abstracts/2002/Autumn_2002._pp._Athey.html |accessdate= |quote=
*cite journal |author=——— |year=2002 |month= |title=Monotone Comparative Statics Under Uncertainty |journal=Quarterly Journal of Economics |volume=117 |issue=1 |pages=187-223 |doi=10.1162/003355302753399481 |url= |accessdate= |quote=
*cite journal |author=———; Bagwell, Kyle |year=2001 |month= |title=Optimal Collusion with Private Information |journal=RAND Journal of Economics |volume=32 |issue=3 |pages=428-465 |doi= |url=http://www.rje.org/abstracts/abstracts/2001/Autumn_2001._pp._Athey.html |accessdate= |quote=
*cite journal |author=——— |year=2001 |month= |title=Single Crossing Properties and the Existence of Pure Strategy Equilibria in Games of Incomplete Information |journal=Econometrica |volume=69 |issue=4 |pages=861-890 |doi=10.1111/1468-0262.00223 |url= |accessdate= |quote=
*cite journal |author=———; Levin, Jonathan |year=2001 |month= |title=Information and Competition in U.S. Forest Service Timber Auctions |journal=Journal of Political Economy |volume=109 |issue=2 |pages=375-417 |doi=10.1086/319558 |url= |accessdate= |quote=
*cite journal |author=———; Schmutzler, Armin |year=2001 |month= |title=Investment and Market Dominance |journal=RAND Journal of Economics |volume=32 |issue=1 |pages=1-26 |doi= |url=http://www.rje.org/abstracts/abstracts/2001/Spring_2001._pp._Athey.html |accessdate= |quote=
*cite journal |author=———; Avery, Chris; Zemsky, Peter |year=2000 |month= |title=Mentoring and Diversity |journal=American Economic Review |volume=90 |issue=4 |pages=765-786 |doi= |url=http://www.e-aer.org/archive/9004/90040765.pdf |accessdate= |quote=
*cite journal |author=———; Schmutzler, Armin |year=1995 |month= |title=Product and Process Flexibility in an Innovative Environment |journal=RAND Journal of Economics |volume=26 |issue=4 |pages=557-574 |doi= |url=http://www.rje.org/abstracts/abstracts/1995/Winter_1995._pp_557_574.html |accessdate= |quote=References
External links
* http://kuznets.fas.harvard.edu/~athey/index.html Athey's Homepage
* http://www.economicprincipals.com/issues/07.04.22.html Biographical article on Athey by David Warsh of Economic Principals
* http://www.gsb.stanford.edu/news/bmag/sbsm0708/kn-athey.html Reflections by Joshua Gans in the Stanford Business Magazine, August 2007
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