Stanley Reiter (April 26, 1925 – August 9, 2014) was an American author, economist, and emeritus professor at
Northwestern University
Northwestern University (NU) is a Private university, private research university in Evanston, Illinois, United States. Established in 1851 to serve the historic Northwest Territory, it is the oldest University charter, chartered university in ...
. Reiter contributed to the field of
mechanism design
Mechanism design (sometimes implementation theory or institution design) is a branch of economics and game theory. It studies how to construct rules—called Game form, mechanisms or institutions—that produce good outcomes according to Social ...
.
In 2006, he and the 2007 Nobel prize-winning economist
Leonid Hurwicz
Leonid Hurwicz (; August 21, 1917 – June 24, 2008) was a Polish–American economist and mathematician, known for his work in game theory and mechanism design. He originated the concept of incentive compatibility, and showed how desired outcom ...
authored the book ''
Designing Economic Mechanisms''.
[
]
Education
Reiter completed his A.B. with honors in economics from Queens College in 1947. He then completed his M.A. (1950) and Ph.D. in economics (1955) from the University of Chicago
The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...
.
Career
From 1949 to 1954, he was associated with Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...
as an instructor and a research associate. From 1954 to 1967, he was at the faculty of Purdue University
Purdue University is a Public university#United States, public Land-grant university, land-grant research university in West Lafayette, Indiana, United States, and the flagship campus of the Purdue University system. The university was founded ...
. He joined the faculty at Northwestern University in 1967.
In 1960 Reiter coined the term Cliometrics
Cliometrics (, also ), sometimes called 'new economic history' or 'econometric history', is the systematic application of economic theory, econometric techniques, and other formal or mathematical methods to the study of history (especially social a ...
.
Reiter contributed to the field of mechanism design
Mechanism design (sometimes implementation theory or institution design) is a branch of economics and game theory. It studies how to construct rules—called Game form, mechanisms or institutions—that produce good outcomes according to Social ...
. In 2006, he and the 2007 Nobel prize-winning economist Leonid Hurwicz
Leonid Hurwicz (; August 21, 1917 – June 24, 2008) was a Polish–American economist and mathematician, known for his work in game theory and mechanism design. He originated the concept of incentive compatibility, and showed how desired outcom ...
authored the book '' Designing Economic Mechanisms''.
Reiter was a fellow of the Econometric Society, the American Association for the Advancement of Science, and the American Academy of Arts and Sciences.
He died in 2014, and is survived by his wife Nina to whom he was married for 70 years, and children Carla and Frank.
Selected bibliography
Books
*
Journal articles
* Cowles Commission Discussion Paper: Economics No. 2112
''(pdf)''.
References
External links
1925 births
2014 deaths
21st-century American non-fiction writers
20th-century American economists
21st-century American economists
Northwestern University faculty
Purdue University faculty
University of Chicago alumni
Fellows of the Econometric Society
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