203.432.6934

Philip R. Allen Professor of Economics

Donald Brown is a professor in the departments of economics and mathematics at Yale University. His reseach interests include machine learning, behavioral economics, and finance.

Achievements and Awards
Distinguished Fellow of the American Economics
Association, 2007
Whitney Humanities Center Fellow, Yale University, 1999-2002
Yale Senior Faculty Fellowship, 2000-2001
Visiting Miller Research Professor, University of California at Berkeley, 1993
Fellow of the American Academy of Arts and Sciences, 1992
Honorary Doctorate of Arts and Sciences, Indiana University, 1991

Selected Books
Computational Aspects of General Equilibrium Theory (with F. Kubler), Springer-Verlag, 2008

Existence and Optimality of Competitive Equilibria (with C.D. Aliprantis and O. Burkinshaw), Springer-Verlag, 1989

Selected Articles
"Competition,Consumer Welfare and the Social Cost of Monopoly" (with A. Lee), American Bar Association
Book: Issues in Competition Law and Policy, 2008

"A Non-Parametric Approach to Applied Welfare Economics" (with C. Calsamiglia), Economic Theory, April, 2007

"Weighted Minimum Mean-Square Distance from Independence Estimation" (with M.H. Wegkamp), Econometrica, Vol. 70, No. 5, 2002 (CFDP 1288)

"A Uniqueness, Stability and Comparative Statics in Rationalizable Walrasian Markets" (with C. Shannon), Econometrica, Vol. 68, No. 6, November, 2000 (CFDP 1170)

"A Minimum Cost Portfolio Insurance" (with C. D. Aliprantis and J. Werner), Journal of Dynamics and Control, Vol. 24, 11-12, October, 2000

"A Portfolio Dominance and Optimality in Infinite Securities Markets" (with C.D. Aliprantis and J. Werner), Journal of Mathematical Economics, Vol. 30, 1998

"Testable Restrictions on the Equilibrium Manifold" (with R. Matzkin), Econometrica, Vol. 64, 1996

"Computing Zeros of Sections of Vector Bundles Using Homotopies and Relocalization," Mathematics of Operations Research, Vol.21, No.1, February,1996

"Computing Equilibria when Asset Markets are Incomplete" (with P. DeMarzo and B.C. Eaves), Econometrica, Vol. 64, No. 1, January, 1996

Working Papers
"Affective Decision Making: A Theory of Optimism -Bias" (with A. Bracha)

"The Gains from Trade Liberalization"(with T.N. Srinivasan)

"Tests of Independence in Separable Econometric Models: Theory and Application" (with R. Deb and M. Wegkamp)

Education
PhD Stevens Institute of Technology, 1969
MS Pennsylvania State University, 1964
BA University of Colorado, 1962