Fellow of American Academy of Arts and Sciences, 1999-
Paul Samuelson Prize, 1999
Bodossaki Foundation Academic and Cultural Prize, 1994
Fellow of the Econometric Society, 1989-
Distinguished Fellow of the Macro Finance Society, 2022-
Foundation for Advancement of Research in Financial Economics (FARFE) 8th Stephen A. Ross Prize in Financial Economics, 2022
Fellow of the Game Theory Society, 2017-
Honorary PhD, Quinnipiac University, May 2017
Honorary PhD, Clark University, May 2016
Honorary PhD, University of Athens Economics and Business, 2011
Yale University Lex Hixon ’63 Prize for Teaching Excellence in the Social Sciences, 2019
Best Yale Graduate Economics Teacher Award, 2007-2008
Distinguished Alumnus, Hopkins School, 2006
Alfred Sloan Foundation Prize Fellowship, 1982-1983, 1983-1984
Yale University Junior Faculty Fellowship, 1982-1983
Scholarship student to 1978 Symposium on Austrian Economics, held in Boulder, Colorado
Fulbright Fellow to Balkan Institute, Thessaloniki, Greece, 1978
National Science Foundation Scholarship, 1975-1978
DeForest Prize for Excellence in Pure and Applied Mathematics, first prize, 1975
Phi Beta Kappa, 1975
Arthur D. Stanley Prize in Mathematics, 1974
Winner of 1970 United States Junior (under 21) Open Chess Championship, Minneapolis, MN