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Mershon Center for International Security Studies

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Citizenship Speaker Series
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Richard Zeckhauser
The Wisdom of Crowds and the Stupidity of Herds
Wednesday, March 11, 2015, 03:30pm - 05:00pm
Mershon Center for International Security Studies
1501 Neil Ave. Columbus, OH 43201

To view the event recording, please click here.

To download the podcast, please click here.

Richard Zeckhauser

Richard Zeckhauser is the Frank P. Ramsey Professor of Political Economy at Harvard University. He pioneered the field of policy analysis and currently addresses an array of policy areas where uncertainty plays a major role. His seminal contributions to decision theory and behavioral economics include the concepts of status quo bias, quality-adjusted life years (QALYs), and the analytics of ignorance. He came in first (Mixed Pairs, 2007), second (Mixed Teams, 2003 and 2012), and third (Open Pairs, 2004) in recent national contract bridge championships.

Zeckhauser has written or coauthored a dozen books – most recently Collaborative Governance: Private Roles for Public Goals, and The Patron's Payoff: Conspicuous Commissions in Renaissance Italy -- and 280 articles. He is an elected fellow of the American Academy of Arts and Sciences, The Econometric Society, and the Institute of Medicine (National Academy of Sciences). In 2014, he was made a Distinguished Fellow of the American Economic Association.

He holds a B.A. (summa cum laude) and a Ph.D. in economics from Harvard University. He is a principal of and the senior advisor to the real estate investment firm Equity Resource Investments.



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