Bylaws

Founders

The Society was founded in 1990 by Charalambos D. Aliprantis, Edward C. Prescott, and Nicholas C. Yannelis.

Purpose:

The Society exists to advance the theoretical foundations of economics and to facilitate communication among researchers in fields and methods that will enhance the development of economic theory.

Membership:

Any individual with interests in economics based on rigorous theoretical reasoning can become a member provided that he/she pays the dues.

Executive Committee:

The executive committee is made up of the Vice-President, the President, the Past-President, the Secretary, the Treasurer/Editor and any At-Large Members. The current committee is made up of:

David Levine (President)
Aloisio Araujo (Vice President)
Charles Plott (Past President)
Edward Prescott (Member at Large)
Bernard Cornet (Secretary)
Nicholas Yannelis (Treasurer/Editor)

The Secretary and Treasurer/Editor serve six year renewable terms. The Vice-President serves for two years, then two years as President, then two years as Past President. Members-at-Large serve two year terms that may be renewed. The President serves as Chairman of the Executive Committee.

The Executive Committee is responsible for the daily administration of the Society. Two members of the Executive Committee shall represent the Society in external affairs.

All powers of the Society reside with the Executive Committee, including the power to change these by-laws, to amend these by-laws, to change the membership on the Committee, and to conduct business for the Society directly or through delegation. Any member of the Executive Committee can propose matters to be considered or decided by the Executive Committee by mail or email to the members of the committee. Following a proposal members of the Executive committee will submit votes by email to the Secretary who is charged with counting the votes. The vote shall be deemed complete following the submission of votes by all Executive Committee members or three weeks following the proposal, which ever comes first. Any proposal that receives 2/3rds or more of those voting is deemed to have passed.

The Vice-President, Members-At-Large of the Executive Committee and renewal of appointments to the Executive Committee are determined by the Executive Committee under the standard election rules of that Committee. Terms are effective at the beginning of the Annual Meeting of the Society.

The Council:

Past members of the Executive Committee and all the members of the editorial Board of Economic Theory will constitute the council. The role of the council is advisory.

Economic Theory Fellows:

Economic Theory Fellows are selected for their scientific excellence, originality, and leadership; high ethical standards; and scholarly and creative achievement. The contributions of fellows may exist in many areas of theoretical economics, including pure and applied research, and government service. The primary qualification for fellowship is to have substantially advanced economic theory. This achievement may be evidenced by an outstanding publication record; strong editorial board service; honorary, scientific, educational and professional achievements, or through the training of graduate students.

The Fellowship Committee and Nominating Subcommittee:

The Fellowship Committee is a standing committee of the Society. It consists of the Executive Committee and the Nominating Subcommittee. Nominations for Economic Theory Fellows may be made either by any individual Fellow or by recommendation of the Nominating Subcommittee. The sponsors shall provide such information as is required for election to Fellowship. To confirm a nomination of a new Fellow requires 2/3rds of the votes cast by the Fellowship Committee.

The Nominating Subcommittee shall consist of a minimum of six (6) Fellows. At least three (3) members – or more if directed by the Executive Committee - shall be elected by the Fellows. Elections shall be held annually under the direction of the Executive Committee and any Fellow may nominate any other Fellow for membership in the Nominating Subcommittee. The Secretary will organize the voting according to the posted rules. At least three (3) members of the Nominating Committee shall be appointed by the Executive Committee using its ordinary procedures.

Members of the Nominating Subcommittee serve two year terms. One member of the Nominating Subcommittee in the second year of service shall be appointed by the Executive Committee as Chair, and will serve both as Chair of the Nominating Subcommittee and of the entire Fellowship Committee.

Should a member of the Committee on Elections resign prior to completing a full term, the Executive Committee will appoint a replacement committee member to complete the term of the individual who has resigned.

Meetings:

Meetings may take place annually and shall be held at time and place to be designated by the Executive Committee.

Dissolution:

The Society may be dissolved only at a special meeting called for the purpose, and in the manner prescribed by the relevant state laws, by vote of two-thirds of the members of the Executive Committee. Subject to compliance with the applicable provisions of such laws, upon any such dissolution of the Society, all its property remaining after satisfaction of all its obligations shall be distributed to its members.

Economic Theory Fellows

Nabil Al-Najjar; Northwestern University
Beth Allen; University of Minnesota
Rabah Amir; University of Arizona
James Andreoni; University of California, San Diego
Aloisio Araujo; Foundation Getulio Vargas and IMPA, Rio de Janeiro
Kenneth Arrow; Stanford University
Robert J. Aumann; The Hebrew University of Jerusalem
David Austen-Smith; Northwestern University
Salvador Barberà; Universitat Autonoma de Barcelona
Peter Bardsley; The University of Melbourne
Elchanan Ben-Porath; The Hebrew University of Jerusalem
Ted Bergstrom; University of California, Santa Barbara
Truman Bewley; Yale University
Bruno Bias; Toulouse School of Economics
Sushil Bikhchandani; University of California, Los Angeles
Michele Boldrin; Washington University in St. Louis
Patrick Bolton; Columbia University
Jean-Marc Bonnisseau; Paris School of Economics, Université Paris 1
Tilman Börgers; University of Michigan
Peter Bossaerts; California Institute of Technology
Colin Camerer; California Institute of Technology
Timothy Cason; Purdue Univeristy
In-Koo Cho; University of Illinois at Urbana-Champaign
Harold L. Cole; University of Pennsylvania
Bernard Cornet; Paris School of Economics, and University of Kansas
Vincent P. Crawford; Oxford University
Martin Cripps; University College London
Claude D'Aspremont; Université catholique de Louvain (CORE)
Eddie Dekel; Northwestern University and Tel Aviv University
Gabrielle Demange; Paris School of Economics
Egbert Dierker; Institute for Advanced Studies, Vienna
Jacques Dreze; Université catholique de Louvain (CORE)
Bhaskar Dutta; University of Warwick
Philip Dybvig; Washington University in St. Louis
Ezra Einy; Ben-Gurion University
Larry Epstein; Boston University
Igor Evstigneev; University of Manchester
Ernst Fehr; Universität Zürich
Dan Friedman; University of California, Santa Cruz
Drew Fudenberg; Harvard University
Douglas Gale; New York University
John Geanakoplos; Yale University
Piero Gottardi; European University Institute
Jean-Michel Grandmont; École Nationale de la Statistique et de l'Administration Économique
Joseph Y. Halpern; Cornell University
Alejandro Hernandez; Instituto Tecnológico Autónomo de México
Carlos Hervés-Beloso; Universidade de Vigo
Werner Hildenbrand; Universität Bonn
Charles A. Holt; University of Virginia
Hugo Hopenhayn; University of California, Los Angeles
Tatsuro Ichiishi; Ohio State University
Matthew O. Jackson; Stanford University
Ian Jewitt; Oxford University
Atsushi Kajii; Kyoto University
Ehud Kalai; Northwestern University
Michihio Kandori; University of Tokyo
Mamoru Kaneko; University of Tsukuba
Michael Kearns; University of Pennsylvania
Timothy Kehoe; University of Minnesota
Narayana Kocherlakota; Federal Reserve Bank of Minneapolis
Dan Kovenock; University of Iowa
Stefan Krasa; University of Illinois at Urbana-Champaign
David Kreps; Stanford University
Vijay Krishna; Pennsylvania State University
Mordecai Kurz; Stanford University
John Ledyard; California Institute of Technology
Ehud Lehrer; Tel-Aviv University
Steve LeRoy; University of California, Santa Barbara
Dan Levin; Ohio State University
David Knudsen Levine; Washington University in St. Louis
Barton Lipman; Boston University
Robert Lucas; University of Chicago
Mark Machina; University of California, San Diego
Michael Magill; University of Southern California
George J. Mailath; University of Pennsylvania
Mukul Majumdar; Cornell University
Edmond Malinvaud; INSEE, Paris
Rody Manuelli; Washington University in St. Louis
Andreu Mas-Colell; Universitat Pompeu Fabra
Eric S. Maskin; Princeton University
Kiminori Matsuyama; Northwestern University
Steven A. Matthews; University of Pennsylvania
Ellen McGrattan; The Federal Reserve Bank of Minneapolis
Richard McLean; Rutgers University
Andrew McLennan; University of Queensland
Nimrod Megiddo; IBM Almaden Research Center
Paul Milgrom; Stanford University
Paulo Klinger Monteiro; Foundation Getulio Vargas, Rio de Janeiro
John Moore; University of Edinburgh
Hervé Moulin; Rice University
John Nachbar; Washington University in St. Louis
John Nash; Princeton University
Noam Nisan; The Hebrew University of Jerusalem
Lee E. Ohanian; University of California, Los Angeles
Martin J. Osborne; University of Toronto
Thomas Palfrey; California Institute of Technology
Christos Papadimitriou; University of California, Berkeley
Mario Pascoa; Universidade Nova de Lisboa
Hans Peters; Maastricht University
Michele Piccione; London School of Economics
Charles Plott; California Institute of Technology
Konrad Podczeck; University of Vienna
Ben Polak; Yale University
Herakles Polemarchakis; University of Warwick
Edward Prescott; Federal Reserve Bank of Minneapolis, Arizona State University
Martine Quinzii; University of California, Davis
Roy Radner; New York University
Debraj Ray; New York University
Jennifer Reinganum; Vanderbilt University
Rafael Repullo; Centro de Estudios Monetarios y Financieros (CEMFI), Centre for Economic Policy Research (CEPR)
Klaus Ritzberger; Institut für Höhere Studien
Donald John Roberts; Stanford University
Arthur Robson; Simon Fraser University
Jean-Charles Rochet; Universität Zürich
Richard Rogerson; Princeton University
Stephen Ross; Massachusetts Institute of Technology
Ariel Rubinstein; Tel Aviv University, New York University
Aldo Rustichini; University of Minnesota
Donald Saari; University of California, Irvine
Hamid Sabourian; Cambridge University
Manuel Santos; University of Miami School of Business
Herbert Scarf; Yale University
David Schmeidler; Ohio State University, Tel-Aviv University
Andrew Schotter; New York University
Uzi Segal; Boston College
Reinhard Selten; Universität Bonn
Lloyd Shapley; University of California, Los Angeles
Karl Shell; Cornell University
Martin Shubik; Yale University
Paolo Siconolfi; Columbia University
Steve Smale; University of California, Berkeley
Lones Smith; University of Wisconsin-Madison
Vernon Smith; Chapman University
Joel Sobel; University of California, San Diego
Hugo Sonnenschein; University of Chicago
Yves Sprumont; Université de Montréal
Dale O. Stahl; The University of Texas at Austin
Nancy Stokey; University of Chicago
Yeneng Sun; National University of Singapore
Jeroen Swinkels; Northwestern University
Moshe Tennenholtz; Technion–Israel Institute of Technology
William Thomson; University of Rochester
Jean Tirole; Toulouse School of Economics
Walter Trockel; Universität Bielefeld
Fernando Vega-Redondo; European University Institute
Anne P. Villamil; University of Illinois at Urbana-Champaign and University of Manchester
Rakesh V. Vohra; Northwestern University
Timothy von Zandt; INSEAD
Robert Wilson; Stanford University
Eyal Winter; The Hebrew University of Jerusalem
Myrna Wooders; Vanderbilt University
Randall Wright; University of Wisconsin-Madison
Nicholas C. Yannelis; University of Manchester and University of Illinois at Urbana-Champaign
Peyton Young; Oxford University, Brookings Institution
William R. Zame; University of California, Los Angeles
Shmuel Zamir; The Hebrew University of Jerusalem