The Frisch Medal has been established by the Econometric Society to encourage the creation of good applied work and its submission to Econometrica. It is given every two years for an applied article (empirical or theoretical) published in Econometrica during the past five years.

We are pleased to announce the results of the 2013 Election of Officers and Council.

Eddie Dekel, Tel Aviv University and Northwestern University, has been elected Second Vice-President, and will be Vice-President in 2015, and President in 2016.

Bernard Salanie has been elected as Executive Vice President from April 1, 2014.

The following have been elected to the Council:

North America:
Matthew O. Jackson, Whitney Newey, Robert Townsend

South and Southeast Asia:
Arunava Sen

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013 was awarded jointly to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller "for their empirical analysis of asset prices". Fama was elected Fellow of the Econometric Society in 1973, Hansen was elected Fellow in 1984 and was President in 2007, and Shiller was elected Fellow in 1980.

The 2012 ballot of the Econometric Society included a special ballot of the Fellows on the incorporation of the Econometric Society (see here for background note).
 
The result of the special ballot is as follows.  272 Fellows voted in the special ballot, with 244 voting in favor (89.7%), 7 against (2.6%) and 21 abstaining (7.7%).  Therefore, the proposal is carried with the required 2/3 majority.