Brigitte Madrian and David Laibson (Harvard) and James Choi (Yale) receive TIAA-CREF award for work on financial security

In recognition of their paper, “Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds,” Brigitte Madrian, David Laibson, and James Choi were given the 2011 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on LIfelong Financial Security. The annual award, named after Nobel Prize winner Samuelson, includes a $10,000 prize for the winning paper.