STANFORD GRADUATE SCHOOL OF BUSINESS —David Kreps, the Adams Distinguished Professor of Management at the Stanford Graduate School of Business, has been elected a Distinguished Fellow of the American Economic Association. The honor, announced last month, is given to past presidents of the AEA, and can be awarded to other economists of high distinction from the United States and Canada. Not more than three economists can be elected in any year.

Two other business school faculty have received the honor. George Shultz, Jack Steel Parker Professor of International Economics, Emeritus, was elected a Distinguished Fellow in 2004, and Robert Wilson, the Adams Distinguished Professor of Management, Emeritus, received this honor in 2006.