Becker Friedman Institute
for Research in Economics
The University of Chicago

Research. Insights. Impact. Advancing the Legacy of Chicago Economics.

Will Rafey

Junior Price Theory Scholar
Massachusetts Institute of Technology
Price Theory Scholar
9/6/16 12/10/16

Will Rafey is a PhD candidate in economics at Massachusetts Institute of Technology. Prior to beginning graduate school, he earned his bachelor’s degree summa cum laude from Harvard University in 2013, and his master’s degree in pure mathematics from Cambridge University in 2014.

His research interests include theoretical and empirical topics in industrial organization and market design, focusing in particular on environmental regulation. He spent his second year at MIT initiating early-stage research projects that study the economics of the environment, climate change and energy, and will continue this research in his next two years with support from MIT’s Environmental Solutions Initiative.

His current work launched a collaboration with economists in the Department of Agriculture and the Murray-Darling Basin Authority to study tradable permits for water in Australia—the world’s largest market for water, and a litmus test for similar market-based approaches in other drought-stricken regions of the globe.