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For his contributions to the advancement of decision theory under uncertainty

Massimo Marinacci (Head of the Department of Decision Sciences, IGIER fellow and Bocconi-AXA Chair in Risk) has been elected fellow of the Econometric Society, the self-defined "international society for the advancement of economic theory in its relation to statistics and mathematics" and the publisher of Econometrica, Quantitative Economics and Theoretical Economics.

Fellows represent the highest authority of the Society and elect its officers, Council and new fellows. The Council consults them on any vital question that affects the policy of the Society.

To be eligible for nomination as a fellow, a member of the Society must have published original contributions to economic theory or statistical, mathematical, or accounting analyses that have a definite bearing on problems in economic theory. In the case of Marinacci, his contributions to the advancement of decision theory under uncertainty proved to be decisive for his election. A scholar who deserves the nomination is then a fellow for life.

The only other Bocconi professors out of the 470 active fellows of the Society are Pierpaolo Battigalli (Department of Decision Sciences and IGIER) and Guido Tabellini (Department of Economics and IGIER).

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