Economic Theory / Directors


Eric Maskin

General Director - current

Eric Stark Maskin is an American economist and 2007 Nobel laureate recognized with Leonid Hurwicz and Roger Myerson "for having laid the foundations of mechanism design theory".

He also has made contributions to game theory, contract theory, social choice theory, political economy, and other areas of economics. He is the Adams University Professor at Harvard University. He was a faculty member at MIT from 1977-1984, Harvard from 1985-2000, and the Institute for Advanced Study from 2000-2011. He rejoined the Harvard faculty in 2012.


Kenneth Arrow

General Director - previous

Kenneth Arrow (1921–2017) was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972.

In economics, he was a major figure in post-World War II neo-classical economic theory. His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information.
Prof. Arrow was the General Director of the Jerusalem School in Economic Theory at the IIAS from 1990-2007.

Photo by Linda A. Cicero / Stanford News Service