Congratulations to David K. Levine

Professor Levine's current research interests include the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, institutions and social norms, learning in games, and the application of game theory to experimental economics. Professor Levine’s research in general equilibrium theory conducted with Timothy J. Kehoe (Minnesota) established the theoretical foundations of self-fulfilling prophecy equilibria, while their work on endogenous debt limits forms the underpinning of modern research on asset market frictions. Professor Levine's research on game theory conducted with Drew Fudenberg (Harvard) established conditions for reputational effects and efficiency in repeated games. Subsequently the two examined the limitations on equilibrium theory imposed by the necessity of learning. This research has been presented in research seminars around the world.

Professor Levine is the author with Drew Fudenberg of "Learning in Games" and is the editor of several conference volumes. He has published more than 80 journal articles which have been published in every major professional economics journal, including "The American Economic Review", "Econometrica", "The Review of Economic Studies", "The Journal of Political Economy", "The Journal of Economic Theory", "The Quarterly Journal of Economics", and "The American Political Science Review".

He is currently co-editor of "Econometrica", one of the leading journals in economics, co-editor of "NAJ Economics", President of the Society for Economic Dynamics, fellow of the Econometric Society, research associate of the National Bureau of Economic Research, member of the American Economic Association Honors and Awards Committee, and member of the Sloan Research Fellowship Program Committee. His scientific research is supported by grants from the National Science Foundation.

Professor Levine has served as panelist for the National Science Foundation, and as co-editor of "Economic Theory' and "Review of Economic Dynamics". He was program co-chair of the 2002 North American Summer Meetings of the Econometric Society, has served on various committees of the both the Econometric Society and American Economic Association, and was founding co-director of the CASSEL experimental laboratory.

Professor Levine earned a BA (mathematics) and an MA (economics) from the University of California – Los Angeles before earning his PhD in economics from the Massachusetts Institute of Technology in 1981. Prior to joining Washington University, most of his academic career had been spent at UCLA, where he held the Armen Alchian Chair in Economic Theory and served several times as chair of the Department of Economics. Professor Levine also taught at the University of Minnesota and as a visiting professor has taught courses throughout the world at such institutions as Cambridge University, the Federal Reserve Bank of Minneapolis, Cal Tech, the University of Western Ontario, Carlos III University (Madrid), Tel Aviv University, Torcuato Di Tella University (Argentina), the University of Texas, the Chinese University of Hong Kong, Seoul National University, and Australia National University.

The John H. Biggs Distinguished Professorship is named in honor of a longtime Washington University supporter. John Biggs began a career in the financial industry in 1958, and served as Washington University’s vice chancellor for finance and administration from 1977 until 1985. During this time, he earned a PhD in Economics in Arts & Sciences. He joined Teacher’s Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF) in 1989 as Chief Operating Officer and became Chairman and Chief Executive Officer in 1993, positions he held until November 2002. During that time, he and his colleagues oversaw $250 billion in retirement investment funds. He is currently a Director of the Boeing Company, JPMorgan Chase, and the National Bureau of Economic Research. John Biggs is also a trustee of Washington University in St. Louis, The Danforth Foundation, and The Santa Fe Opera. The John H. Biggs Distinguished Professor in Economics in Arts & Sciences reflects a lifelong commitment to excellence in education: John and his wife, Penelope, have also established a professorship in the Department of Classics in Arts & Sciences.