Bachelor of Arts (Mathematics) Yale University, 1960. Doctor of Philosophy Massachusetts Institute of Technology, Cambridge, Mass., USA, 1963.
Assistant Professor, Acting Association Professor, University California Berkeley, 1963-1965,
1965-1966. Overseas Fellow, Churchill College Cambridge, 1965-1966. Association Professor, Massachusetts Institute of Technology, Cambridge, Mass., USA, 1966-1970.
Visiting Professor, University College, Nairobi, 1968-1969, Hebrew University, Jerusalem, 1969. Visiting Fellow, Balliol College Oxford, 1973-1974. Visiting Professor, Harvard School Public Health, 1977-1978.
Visiting Scholar, Harvard Law School, 1982-1983. Professor, Massachusetts Institute of Technology, Cambridge, Mass., USA, Cambridge, Massachusetts, United States of America, since 1970. Association Editor, Journal of Economic Theory,
1969-1971, Journal of Public Economics, since 1971.
Editorial Board, American Economic Review, 1979-1981.
Social Security: What Role for the Future? (Edited with D. Lindeman, and H. Young), 1996
Saving Social Security: A Balanced Approach (with Peter R. Orszag), 2005
Behavioral Economics and Its Applications (edited with Hannu Vartiainen), 2007
Reforming Pensions: Principles and Policy Choices (with Nicholas Barr), 2008
Pension Reform: A Short Guide (with Nicholas Barr), 2010
Early work was on infinite horizon preferences and growth theory. Normative analyses have reconsidered the implications of the Walrasian model in the presence of overlapping generations, in the absence of some markets (especially insurance markets), and in the absence of the ability to costlessly redistribute income among individuals. Recent work has concentrated on the implications of the absence of a Walrasian auctioneer.
Fellow Econometric Society (council 1981-1986, Second vice president 1989, 1st vice president 1990, president 1991). Member American Economics Association (vice president 1986, president 2003), National Academy Science (chairman board 1996-1998, board member 1998-2001, president 1994-1997).
Married Priscilla Gibbs Myrick, October 16, 1966. Children: Matthew, Andrew.