David Kreps honored with 2018 Nemmers Prize

DAVID KREPS, the Adams Distinguished Professor of Management at Stanford’s Graduate School of Business, has been awarded the 2018 Erwin Plein Nemmers Prize in Economics.

David Kreps
David Kreps (Image credit: Nancy Rothstein)

The Nemmers Prize is awarded by Northwestern University for achievement and work of lasting significance in the field of economics. The prize recognizes major contributions to new knowledge or the development of significant new modes of analysis.

Recipients of the $200,000 prize are selected every other year and spend several weeks in residence at Northwestern University interacting with students and faculty.

Kreps was recognized for his work in game theory, decision theory and finance. He  shaped the direction of economic research by providing rigorous foundations and inspirations for new models in applied and theoretical economics.

Kreps joined Stanford’s Graduate School of Business in 1975 after completing a PhD in operations research at the School of Engineering. He has been a full professor since 1980, and from 2000 to 2009, served as a senior associate dean for the GSB.

Read the full article and more on the Graduate School of Business website.