Every summer, Stanford's Department of Economics hosts a series of workshop sessions in economic theory and mathematical economics. This program is known as the Stanford Institute for Theoretical Economics (SITE). Its purpose is to advance economic science for the benefit of society and to support cutting-edge work of economic theorists within specialized areas of research. With overall direction by Professor Fuhito Kojima, sessions are organized in a decentralized fashion by small groups of economists including selected senior collaborators from outside Stanford.
For the past five decades, Stanford University has hosted a series of summer workshops in economic theory. From 1969 to 1988, the Stanford Summer Workshop program was organized by the Economics section of the Institute for Mathematical Studies in the Social Sciences (IMSSS), headed by Professor Mordecai Kurz. In 1989, IMSSS was reorganized with a stronger commitment from Stanford and became part of the newly created Stanford Institute for Theoretical Economics (SITE).
SITE workshops aim to contribute to the "dissemination of scientific knowledge, to strengthen both empirical and theoretical economic analysis and research methods, and to improve the understanding of the processes and institutions of the U.S. economy and of the world system of which it is a part."
Each SITE session combines leading senior researchers in the specified topic areas with those newer to the field. The workshops provide an exceptional environment for diverse members of the economic community to interact and connect with fellow participants for the following opportunities:
- to exchange ideas, engage in critical scientific discussion and collaborate on new research;
- to benefit from exposure to new developments in their field as well as problems, questions and ideas beyond their immediate areas of research;
- to gain valuable experience working with new and varied concepts, methods, and tools;
- to promote exchange across disciplines;
- to enrich academic and professional development