Fellows of The American Finance Association
In January 2000, the Board of Directors of the American Finance Association instituted a Society of Fellows of the Association. The purpose of the society is to recognize those members who have made a distinguished contribution to the field of finance. Since Fellows are selected by the membership for their contributions to the field of finance, and since this is the principal criterion for election as president, all living past presidents and all future presidents of the association are designated as Fellows. The list below contains all living past presidents and the Fellows selected since that date. Each year, the Nominating Committee, chaired by the current president, solicits names from the membership and nominates a slate of no more than five candidates from which current Fellows elect a maximum of two new Fellows. Polling of the current Fellows is carried out by the immediate past-president prior to the next annual meeting. As non past president of the American Finance Association, elected Fellows of the American Finance Association are following:
2012 Andrei Shleifer
2011 Milton Harris
2010 Douglas T. Breeden
2009 Richard H. Thaler
2008 John C. Cox
2007 Lars Peter Hansen
2006 Robert J. Shiller
2005 Robert F. Engle
2004 Robert E. Lucas, Jr.
2003 Kenneth J. Arrow
2002 Paul A. Samuelson
2001 Eugene F. Fama
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