Steven Berry assumes Burrows-Moffatt chair
Steven T. Berry, whose research and teaching focuses on the subject of industrial organization, has been named the James Burrows Moffatt Professor of Economics.
Berry also specializes in empirical models of product differentiation and market equilibrium, and the areas of applied econometrics and applied microeconomics.
He has written more than 20 articles and papers exploring a variety of economic issues related to the automobile, airline and radio broadcasting industries, among others. These include evaluations of the effect of environmental policy on automobile prices, the impact on the automobile industry of voluntary export restraints and the effects of public radio on the commercial radio station market.
In 1996, Berry was awarded the Econometric Society's Frisch Medal for his article "Estimation of a Model of Entry in the Airline Industry." The honor is given every five years for the best applied article published in the journal Econometrica over the previous five years.
Berry earned his B.A. from Northwestern University in 1980 and M.S. and Ph.D. degrees from the University of Wisconsin at Madison in 1985 and 1989, respectively. He joined the Yale faculty in 1988 as an assistant professor, became an associate professor in 1992 and was promoted a full professor in 1997.
In 1997, Berry was selected as a co-recipient of the Yale Graduate Economics Club's Best Advisor Award. Since coming to Yale, he has received several grants and fellowships. These include a three-year National Science Foundation (NSF) grant, awarded in 1997, for the project "Estimating Models with Product Differentiation and Endogenous Product Characteristics"; an NSF grant for research on the automobile industry; and a grant from the Environmental Protection Agency for his research on the effects of environmental policy on the automobile industry.
He received a 1991-92 Olin Fellowship from the National Bureau of Economic Research and was awarded a 1993-95 research fellowship from the Alfred P. Sloan Foundation.
Berry is currently a research associate of the National Bureau of Economic Research, for which he also was a faculty research fellow 1989 to 1997. He is an associate editor of the RAND Journal of Economics and of International Economic Review, and is an advisory editor of Economic Letters.
David Pearce named to Henry Ford II chair
David G. Pearce, an expert on game theory and microeconomic theory, has been appointed the Henry Ford II Professor of Economics.
Pearce, a member of the Yale faculty since 1983, has been honored by both his undergraduate and graduate students for his teaching. In 1989, he was awarded the Yale College Lex Hixon '63 Teaching Prize for distinguished undergraduate teaching, and in both 1991 and 1995 he received the department of economics' Graduate Teaching Award.
Pearce's research interests include repeated games, non-cooperative solution concepts, and implicit contracts and competition, among other subjects. He has written numerous articles on game theory and economic behavior, which have been published in such publications as Econometrica, the Journal of Economic Theory and Mathematics of Operations Research. He has been invited to speak and present papers at research institutions and universities throughout the United States and Europe.
A native of Ontario, Canada, Pearce earned his B.A. from McMaster University in Hamilton, Ontario in 1978. He received his M.A. in economics from Canada's Queen's University a year later, and was awarded a Ph.D. in 1983 from Princeton University.
Pearce was a research fellow at the Institute for Mathematics and its Applications at the University of Minnesota before joining the Yale faculty as an assistant professor. He became an associate professor in 1989 and was promoted a full professor in 1992. During his tenure at Yale, he has been a research visitor for an academic year at the University of California at Berkeley and was a distinguished visitor at the London School of Economics and Political Science. He also has been a research visitor or resident at Stanford University's Institute for Mathematical Studies in the Social Sciences and at the Institute for Interdisciplinary Studies at the University of Bielefeld in Germany.
The Yale economist serves as a referee for numerous scholarly publications, including American Economic Review, Econometrica, Games and Economic Behavior, the International Journal of Game Theory, the Journal of Economic Theory, and the Journal of Law, Economics and Organization. He also has been a referee for the National Science Foundation.
In addition to his teaching prizes, Pearce's honors include fellowships from the Sloan Foundation and the Econometric Society.
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