How markets can help spur innovation to solve the water crisis
As climate change threatens our water resources, we need to turn to tech to ensure that this precious commodity is protected and properly managed for everyone's benefit
1966-70, AB (Hons) in Mathematics, University of Michigan; 1978, MS in Statistics and 1979, PhD in Business, Stanford University. 1972-75, Consulting Actuary, Nelson and Warren Inc. Kellogg Graduate School of Management, Northwestern University: 1979-81, Assistant Professor; 1981-82, Associate Professor; 1982-83, Professor. 1982-83, Visiting Professor, Yale University; 1983-85, Professor of Economics and Management; 1985-87, Williams Brothers Professor of Management Studies and Professor of Economics. 1986-87, Ford Visiting Professor of Economics, University of California (Berkeley). Since 1987, Professor of Economics, Stanford; 1989-91, Director, Stanford Institute for Theoretical Economics; since 1993, Shirley R. and Leonard W. Ely Jr Professor of Humanities and Sciences. Numerous professional activities and affiliations. Author. Recipient of awards, fellowships, grants and other honours.
As climate change threatens our water resources, we need to turn to tech to ensure that this precious commodity is protected and properly managed for everyone's benefit
Market design is a powerful economic tool to create and refine marketplaces and exchanges to improve the allocation of scarce resources such as water.