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To kick off its inaugural issue, CQ catches up with Alfred Cowles Professor of Economics Johannes Hörner for a meet and greet, Q&A faculty focus session. Hörner came to Yale in 2008 and has been a member of the Cowles Research Staff since the same year. He received his Ph.D. in economics from the University of Pennsylvania in 2000, and went on to teach at the Kellogg School of Management at Northwestern University before starting at Yale., His academic interests range from game theory to the theory of industrial organization, with his research focusing on repeated games, dynamic games and auctions. Last fall, he was appointed editor for the American Economic Journal - Microeconomics, and is currently on leave for the 2016-17 academic year visiting Toulouse School of Economics.
With the 2016 presidential elections behind us (for better or worse), most media organizations and pundits predicted the outcome incorrectly. One economist, however, did make the correct call. In fact, Cowles Research Staff Member and John M. Musser Professor of Economics, Ray Fair, has quite the track record for predicting the presidential outcome with his voting formula.
Mark Rosenzweig, the Frank Altschul Professor of Economics and a Cowles Research Staff Member, has directed the center since 2006 and was recently reappointed to the role. He spoke with YaleNews about the center and his work. An edited and condensed version of the conversation follows.
The announcement of the Cowles Commission move to Yale from the University of Chicago made the front page of the Yale Daily News on December 16, 1954, naming future Nobel Laureate Tjalling C. Koopmans and his colleague Jacob Marschak as accompanying members. The article states that James Tobin will become the director. Like Koopmans before him, Tobin also went on to receive a Nobel Prize in Economics.