2020 CME Group-MSRI Prize Announced
The 14th annual CME Group-MSRI Prize in Innovative Quantitative Applications will be awarded to Daron Acemoglu. The award announcement and seminar was held virtually on May 5, 2021 from 10:00 a.m. - 12:30 p.m. Central Time (8:00 a.m. - 10:30 a.m. Pacific Time).
The CME Group-MSRI Prize is awarded to an individual or a group to recognize originality and innovation in the use of mathematical, statistical or computational methods for the study of the behavior of markets, and more broadly of economics.
About Daron Acemoglu
Daron Acemoglu is an Institute Professor at MIT and an elected fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, and the Society of Labor Economists. His academic work covers a wide range of areas, including political economy, economic development, economic growth, inequality, labor economics, and economics of networks. He is the author of five books, including Why Nations Fail: Power, Prosperity, and Poverty and The Narrow Corridor: States, Societies, and the Fate of Liberty (both with James A. Robinson).
Acemoglu has received numerous awards and prizes, including the Carnegie Fellowship in 2017, the Jean-Jacques Laffont Prize in 2018, and the Global Economy Prize in 2019. He was awarded the John Bates Clark Medal in 2005, the Erwin Plein Nemmers Prize in 2012, and the 2016 BBVA Frontiers of Knowledge Award.
About the event
The event featured a panel discussion on Perils & Promise of Big Data with the following panelists:
- Dr. E. Glen Weyl, Political Economist and Social Technologist, Microsoft Research
- Prof. Pascual Restrepo, Assistant Professor, Department of Economics, Boston University
- Prof. Maryam Farboodi, Jon D. Gruber Career Development Professor; and, Assistant Professor, Sloan School of Management, MIT
- Prof. Joshua Gans, Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship; and, Professor of Strategic Management, Rotman School of Management, University of Toronto
Special guest Prof. Erik Brynjolfsson presented on the prizewinner's work.
- Prof. Erik Brynjolfsson is the Jerry Yang and Akiko Yamazaki Professor and Senior Fellow at the Stanford Institute for Human-Centered AI (HAI); Director of the Stanford Digital Economy Lab; Ralph Landau Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR); and, holds appointments at the Stanford Graduate School of Business, Stanford Department of Economics and a Research Associate at the National Bureau of Economic Research (NBER)
CME Group-MSRI Prize 2020 Selection Committee:
Medal awarded to the winner of the CME Group-MSRI Prize
The CME Center for Innovation’s mission is to identify, foster and showcase examples of significant innovation and creative thinking pertaining to markets, commerce or trade in the public and private sectors.