In Memoriam — Roy Radner

Biography

Roy Radner was Leonard N. Stern Professor of Business at New York University. He taught courses in microeconomic theory, environmental economics, and interdisciplinary topics.

Professor Radner's primary areas of research included strategic analysis of climate change, bounded rationality, game-theoretic models of corruption, and pricing of information goods. Other research interests included the statistical theory of data mining, and theories of information processing, decentralization, and incentives in organizations. Dr. Radner was the author of Notes on the Theory of Economic Planning, Optimal Replacement Policy (with D. W. Jorgenson and J. J. McCall), Economic Theory of Teams (with J. Marschak), Demand and Supply in Higher Education (with L. S. Miller), and Mathematicians in Academia (with C. V. Kuh), and was a co-editor of five other books. He published numerous articles in Econometrica, Review of Economic Studies, Journal of Economic Literature, Journal of Economic Theory, Review of Economic Design, Annals of Mathematics Statistics, Proceedings of the National Academy of Sciences, and other journals, as well as in various volumes. Dr. Radner was a member of the U.S. National Academy of Sciences and the American Academy of Arts and Sciences. He was a Distinguished Fellow of the American Economics Association and the American Association for the Advancement of Science, a Fellow and Past-President of the Econometric Society, a Guggenheim Foundation Fellow, and an Overseas Fellow of Churchill College, Cambridge. He was on the editorial boards of several journals, and regularly served on committees of the National Research Council.

Dr. Radner came to NYU Stern in 1995. Prior to that, he was a faculty member at the University of California, Berkeley, and a Distinguished Member of Technical Staff at AT&T Bell Laboratories.

Dr. Radner received his Ph.B. (liberal arts), M.S. (mathematics), and Ph.D. (mathematical statistics) degrees, all from the University of Chicago.

Research Interests

• Strategic analysis of climate change
• Bounded rationality
• Game-theoretic models of corruption
• Pricing of information goods
• Statistical theory of data mining

Courses Taught

• Business and the Environment
• Interdisciplinary Topics
• IT Economics Research Seminar
• Microeconomics: Theory and Applications

Academic Background

Ph.D., Mathematical Statistics, 1956
Chicago

M.S., Mathematics, 1951
Chicago

B.S., Mathematics, 1950
Chicago

Ph.B., Liberal Arts, 1945
Chicago