at their annual summer congress, held this year in Gothenburg, Sweden. This was the third such award for Professor Weitzman, which is the highest total number achieved by any individual thus far.
The influential publication for which Professor Weitzman won the award is "Why the Far-Distant Future Should be Discounted at its Lowest Possible Rate," published in the Journal of Environmental Economics and Management in 1998.
Martin L. Weitzman is Professor of Economics at Harvard University. Previously he was on the faculties of MIT and Yale. He has been elected as a fellow of the Econometric Society and the American Academy of Arts and Sciences. He has published widely in many leading economic journals and written three books. Weitzman's interests in economics are broad and he has served as consultant for several well-known organizations. His current research is focused on environmental economics, including climate change, the economics of catastrophes, cost-benefit analysis, long-run discounting, green accounting, biodiversity, and comparison of alternative instruments for controlling pollution.