The Society for the Advancement of Economic Theory abbreviated as SAET is a non-profit membership society founded to "advance knowledge in theoretical economics and to facilitate communication among researchers." Membership includes economists, mathematicians, game theorists, and other professionals interested in theoretical economics.

History

The society was founded in 1991 by Charalambos D. Aliprantis

Charalambos D. Aliprantis

Charalambos Dionisios Aliprantis was a Greek-American economist who introduced Banach space and Riesz space methods in economic theory. He was born in Cefalonia, Greece in 1946 and came to the US in 1969, where he obtained his PhD in Mathematics from Caltech in June 1973.He was a distinguished...

, Edward C. Prescott

Edward C. Prescott

Edward Christian Prescott is an American economist. He received the Nobel Memorial Prize in Economics in 2004, sharing the award with Finn E. Kydland, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles"...

, and Nicholas C. Yannelis

Nicholas C. Yannelis

Nicholas C. Yannelis is the current editor of Economic Theory. He obtained his PhD at the University of Rochester under the direction of Lionel McKenzie. He is also the Commerce Distinguished Alumni Professor of Economics at the University of Illinois at Urbana-Champaign and the Sir John Hicks...

. It holds several events every year.

Economic theory

The society is responsible for the publication of the peer-reviewed

Peer review

Peer review is a process of self-regulation by a profession or a process of evaluation involving qualified individuals within the relevant field. Peer review methods are employed to maintain standards, improve performance and provide credibility...

 journal Economic Theory

Economic Theory (journal)

Economic Theory is a peer-reviewed academic journal that focuses on theoretical economics, particularly social choice, general equilibrium theory, and game theory...

, the first edition of which was published in March 1991.