Larry Samuelson: Contributions to Microeconomic Theory and Game Theory

Larry Samuelson: Contributions to Microeconomic Theory and Game Theory

Larry Samuelson is a distinguished economist known for his profound impact on the theoretical foundations of economics. Currently serving as the A. Douglas Melamed Professor of Economics at Yale University, he is also a prominent member of the faculty at the Cowles Foundation, a renowned research center dedicated to the study of economics and mathematics.

Key Facts

  • Current Position: A. Douglas Melamed Professor of Economics at Yale University.
  • Affiliation: Faculty of the Cowles Foundation.
  • Education: B.A., M.A., and PhD from the University of Illinois.
  • Specializations: Microeconomic theory, game theory, repeated games, and evolutionary foundations of economic behavior.
  • Editorial Leadership: Former co-editor of Econometrica and the American Economic Review.

Academic Journey and Education

Larry Samuelson's academic foundation was established at the University of Illinois. He began his studies in the early 1970s, earning a B.A. in economics and political science in 1974. He remained at the institution to pursue advanced degrees, obtaining his master's degree in economics in 1977 and completing his PhD in 1978 under the guidance of his doctoral advisor, Hans Brems.

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Professional Career and Institutional Affiliations

Before joining the faculty at Yale University, Samuelson held various academic positions across several prestigious American institutions. His professional trajectory includes faculty roles at the University of Florida, Syracuse University, Penn State, and the University of Wisconsin.

Throughout his career, he has balanced his teaching and research duties with significant leadership roles in academic publishing. He has contributed his expertise to the editorial boards of numerous high-impact journals, including Games and Economic Behavior, the International Journal of Game Theory, Economic Theory, the Journal of Economic Theory, Theoretical Economics, and the Journal of Economic Literature.

Editorial Leadership

Beyond board memberships, Samuelson has held the prestigious role of co-editor for two of the most influential publications in the field: Econometrica and the American Economic Review.

Research Specializations

Samuelson is recognized for his significant contributions to microeconomic theory—the study of how individual agents make decisions—and game theory, the mathematical study of strategic interaction between rational decision-makers.

His specific areas of expertise include:

  • Theory of Repeated Games: Analyzing strategic interactions that occur multiple times over a period.
  • Evolutionary Foundations of Economic Behavior: Exploring how economic behaviors evolve and stabilize over time through biological or social mechanisms.
Summary of Larry Samuelson's Academic Profile
Category Details
Birth Date April 2, 1953
Alma Mater University of Illinois
Current Institution Yale University
Primary Fields Microeconomic Theory, Game Theory
Key Editorial Roles Co-editor of Econometrica and American Economic Review

Frequently Asked Questions

What is Larry Samuelson's current role?

He is the A. Douglas Melamed Professor of Economics at Yale University and a faculty member of the Cowles Foundation.

Where did Larry Samuelson receive his education?

He earned his B.A. (1974), master's degree (1977), and PhD (1978) all from the University of Illinois.

What are his primary areas of economic research?

His research focuses on microeconomic theory and game theory, specifically the theory of repeated games and the evolutionary foundations of economic behavior.

Which academic journals has he edited?

He has served as a co-editor for the American Economic Review and Econometrica, and has been on the editorial boards of several other journals, including the Journal of Economic Theory and the International Journal of Game Theory.

Which universities did he work at before Yale?

He previously held faculty positions at the University of Florida, Syracuse University, Penn State, and the University of Wisconsin.