Founded in 1922, Western Economic Association International (WEAI) is a non-profit academic society dedicated to the encouragement and dissemination of economic research and analysis. WEAI's principal activities include the publishing of two quarterly journals, and the staging of conferences.
From WEAI's 2009 Bylaws: "The purposes and objectives for which the Western Economic Association International is formed shall be: (a) the encouragement of economic research and discussion; (b) the encouragement of freedom in economic discussion; and (c) the issuance of publications for the purpose of disseminating knowledge on economic subjects. The corporation shall take no partisan attitude, nor will it commit its Members to any position on theoretical or practical economic questions." [1]
Published since 1962, (formerly Western Economic Journal), EI is a highly regarded scholarly journal in economics, publishing articles of general interest across the profession. [2] [3] Besides containing research on all economics topic areas, a principal objective is to make each article understandable to economists who are not necessarily specialists in the article's topic area. EI was one of the first journals to publish humor papers (now called Miscellany) with the still highly downloaded article "Life Among the Econ" by Axel Leijonhufvud, [4] and more recently "The Theory of Interstellar Trade: by Paul Krugman. [5] In 2007, then editor R. Preston McAfee introduced the innovative No Revisions policy [6] [7] for submitted manuscripts. Published in cooperation with Wiley-Blackwell, EI's worldwide circulation is approximately 15,800. Tim Salmon, Southern Methodist University, is the current editor.
First published in 1982 as Contemporary Policy Issues, Contemporary Economic Policy publishes scholarly research and analysis on important policy issues facing society. CEP publishes essays analyzing specific policy issues, surveys of important general subject areas, and research articles devoted to developing new methods for policy analysis. Published in cooperation with Wiley-Blackwell, CEP's worldwide circulation is approximately 15,400. Brad Humphreys, West Virginia University, is the current editor.
Held each summer between mid-June and mid-July, WEAI Annual Conferences provide the opportunity for more than 1,000 economists from around the world to meet and exchange ideas. An average of 300 concurrent sessions are held with participants presenting individual research papers, serving as discussants for papers, chairing sessions, and also organizing entire sessions on the topics of their choice. Other academic societies with similar objectives to WEAI participate as Allied Societies regularly holding sessions and sometimes their own annual meetings [8] in conjunction with WEAI conferences. Conference highlights include the Annual WEAI Presidential Address as well as the Association's newest member-sponsored program, the Graduate Student Dissertation Workshop.
Held since 1994 in cities like Hong Kong, Taipei, Bangkok, Sydney, Beijing, Kyoto, Brisbane, Santiago, Singapore, Newcastle, and Tokyo, the International Conferences have become a highly successful marketplace of ideas for economists from around the world. Partnerships have been established in the organizing of these conferences with universities and organizations such as Keio University, University of Newcastle, Pontifical Catholic University of Chile, Queensland University of Technology School of Business, Ryukoku University, Guanghua School of Management Peking University, Academia Sinica, and Hong Kong Economic Association. A smaller format than the Annual Conference, the International Conference program generally consists of 80 to 100 sessions including 300 to 600 economists serving as paper presenters, discussants, chairs, and session organizers. Keynote speakers include Nobel Laureates such as James Heckman, Ken Arrow, Robert Engle, Daniel McFadden, and Peter Diamond.
Asterisk (*) indicates recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel [10]
James Joseph Heckman is a Nobel Memorial in Economic Sciences Prize-winning American economist at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Professor at the Harris School of Public Policy; Director of the Center for the Economics of Human Development (CEHD); and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also Professor of Law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research.
James Tobin was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He contributed to the development of key ideas in the Keynesian economics of his generation and advocated government intervention in particular to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known tobit model.
Regional science is a field of the social sciences concerned with analytical approaches to problems that are specifically urban, rural, or regional. Topics in regional science include, but are not limited to location theory or spatial economics, location modeling, transportation, migration analysis, land use and urban development, interindustry analysis, environmental and ecological analysis, resource management, urban and regional policy analysis, geographical information systems, and spatial data analysis. In the broadest sense, any social science analysis that has a spatial dimension is embraced by regional scientists.
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.
William Jack Baumol was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University. He was a prolific author of more than eighty books and several hundred journal articles. He is the namesake of the Baumol effect.
Armen Albert Alchian was an American economist. He spent almost his entire career at the University of California, Los Angeles (UCLA). A major microeconomic theorist, he is known as one of the founders of new institutional economics and widely acknowledged for his work on property rights.
Gordon Tullock was an American economist and professor of law and economics at the George Mason University School of Law. He is best known for his work on public choice theory, the application of economic thinking to political issues. He was one of the founding figures in his field.
Omicron Delta Epsilon is an international honor society in the field of economics, formed from the merger of Omicron Delta Gamma and Omicron Chi Epsilon, in 1963. Its board of trustees includes well-known economists such as Robert Lucas, Paul Romer, and Robert Solow. ODE is a member of the Association of College Honor Societies; the ACHS indicates that ODE inducts approximately 4,000 collegiate members each year and has more than 100,000 living lifetime members. There are approximately 700 active ODE chapters worldwide. New members consist of undergraduate and graduate students, as well as college and university faculty; the academic achievement required to obtain membership for students can be raised by individual chapters, as well as the ability to run for office or wear honors cords during graduation. It publishes an academic journal entitled The American Economist twice each year.
Charles Raymond Plott is an American economist. He currently is Edward S. Harkness Professor of Economics and Political Science at the California Institute of Technology, Director, Laboratory for Experimental Economics and Political Science, and a pioneer in the field of experimental economics. His research is focused on the basic principles of process performance and the use of those principles in the design of new, decentralized processes to solve complex problems. Applications are found in mechanisms for allocating complex items such as the markets for pollution permits in Southern California, the FCC auction of licenses for Personal Communication Systems, the auctions for electric power in California, the allocation of landing rights at the major U.S. airports, access of private trains to public railway tracks, access to natural gas pipelines, the allocation of licenses for offshore aquaculture sites, the combinatorial sale of fleets of vehicles, and the application of complex procurements. Plott has contributed extensively to the development and application of a laboratory experimental methodology in the fields of economics and political science.
The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals. There are some 23,000 members.
William Arnold Barnett is an American economist, whose current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modeling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics.
Russell David "Russ" Roberts is an American economist. He is currently a research fellow at Stanford University's Hoover Institution and president of Shalem College in Jerusalem. He is known for communicating economic ideas in understandable terms as host of the EconTalk podcast.
The Association of Environmental and Resource Economists (AERE) was founded in 1979 in the United States as a means of exchanging ideas, stimulating research, and promoting graduate training in environmental and natural resource economics. The majority of its members are affiliated with universities, government agencies, non-profit research organizations, and consulting firms. Many of AERE's members hold graduate degrees in economics, agricultural economics, or related fields, but there are numerous student members as well. The organization also serves many non-specialist members with environmental policy interests. The United States is the country with the largest single share of AERE members, but the organization welcomes members from all countries. Annual individual memberships currently number approximately 800. AERE is generally acknowledged as the primary professional organization for Environmental and Natural Resources economists in the USA. The European Association of Environmental and Resource Economists is its European equivalent.
Axel Leijonhufvud was a Swedish economist and professor emeritus at the University of California, Los Angeles (UCLA), and professor at the University of Trento, Italy. Leijonhufvud focused his studies on macroeconomic monetary theory. In his defining book On Keynesian Economics and the Economics of Keynes (1968) he focuses on a critique of the interpretation of Keynesian economic theory by Keynesian economists. He goes on to call the standard neoclassical synthesis interpretation of the Keynes' General Theory as having misunderstood and misinterpreted Keynes. In one of his papers, "Life Among the Econ" (1973), he takes a comical yet critical look at the inherent clannish nature of economists; the paper was considered a devastating takedown of economics and economists.
The Brookings Papers on Economic Activity (BPEA) is a journal of macroeconomics published twice a year by the Brookings Institution Press.[1] Each issue of the journal comprises the proceedings of a conference held biannually by the Economic Studies program at the Brookings Institution in Washington D.C. The conference and journal both "emphasize innovative analysis that has an empirical orientation, take real-world institutions seriously, and is relevant to economic policy."[2]
The North American Association of Sports Economists (NAASE) is an organization that promotes and facilitates research and teaching in the economics of sports. NAASE was founded in 2007. The organization emerged from the many sessions focused on sports economics at the Western Economic Association International (WEAI) meetings held throughout the 1990s and early 2000s. NAASE maintains a close relationship to the WEAI and the annual NAASE business meeting takes place at this conference. Although many NAASE members are academics, membership is open to anyone with an interest in sports economics, and NAASE counts undergraduate and graduate students in economics and other related disciplines like sport management as members, as well as non-economists with an interest in sports economics. Despite the regional scope implied by its name, NAASE has members from around the world, and many past and current officers have been from outside North America. NAASE currently has around 100 members.
William Breit (1933–2011) was an American economist, mystery novelist, and professional comedian. Breit was born in New Orleans. He received his undergraduate and master's degrees from the University of Texas and his Ph.D. from Michigan State University in 1961. He was an Assistant and associate professor of economics at Louisiana State University (1961–1965) On the recommendation of Milton Friedman he was interviewed and hired at the University of Virginia where he was Associate Professor and Professor of Economics (19651983). He returned to his San Antonio as the E.M. Stevens Distinguished Professor of Economics at Trinity University in 1983 and retired as the Vernon F. Taylor Distinguished Professor Emeritus in 2002. He is considered an expert in the history of economic thought and anti-trust economics. He established the Nobel Laureate Lecture Series at Trinity University and is most notable as a mystery novelist where their murder mysteries are solved by applying basic economic principles.
Contemporary Economic Policy is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the Western Economic Association International, along with Economic Inquiry. The current editor-in-chief is Brad R. Humphreys. The journal was established in 1982 as Contemporary Policy Issues.
Michael D. Intriligator was an American economist at the University of California, Los Angeles, where he was Professor of Economics, Political Science, and Policy Studies, and Co-Director of the Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavioral Sciences. In addition, he was a Senior Fellow at the Milken Institute in Santa Monica, a Senior Fellow of the Gorbachev Foundation of North America in Boston, a Foreign Member of the Russian Academy of Science, and a Fellow of the American Association for the Advancement of Science. He received his Ph.D. in Economics at MIT in 1963 and the same year joined the UCLA Department of Economics. He taught courses in economic theory, econometrics, mathematical economics, international relations, and health economics, and received several distinguished teaching awards.
The National Economic Association (NEA) is a learned society established in 1969, focused on initiatives in the field of economics.
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