New York: The National Academy of Sciences (NAS) has elected 120 members and 30 international members, including five MIT faculty members and 13 MIT alumni. Professors Rodney Brooks, Parag Pathak, Scott Sheffield, Benjamin Weiss, and Yukiko Yamashita were elected in recognition of their “distinguished and continuing achievements in original research.” Membership to the National Academy of Sciences is one of the highest honors a scientist can receive in their career.
Parag Pathak is the Class of 1922 Professor of Economics and a founder and director of MIT’s Blueprint Labs. He joined the MIT faculty in 2008 after completing his PhD in business economics and his master’s and bachelor’s degrees in applied mathematics, all at Harvard University.
Pathak is best known for his work on market design and education. His research has informed student placement and school choice mechanisms across the United States, including in Boston, New York City, Chicago, and Washington, and his recent work applies ideas from market design to the rationing of vital medical resources. Pathak has also authored leading studies on school quality, charter schools, and affirmative action. In urban economics, he has measured the effects of foreclosures on house prices and how the housing market reacted to the end of rent control in Cambridge, Massachusetts.
Pathak’s research on market design was recognized with the 2018 John Bates Clark Medal, given by the American Economic Association to the economist under 40 whose work is judged to have made the most significant contribution to the field. He is a fellow of the American Academy of Arts and Sciences, the Econometric Society, and the Society for the Advancement of Economic Theory. Pathak is also the founding co-director of the market design working group at the National Bureau of Economic Research, and a co-founder of Avela Education.
