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Peter Arcidiacono was born on 1971 in United States, is an American economist and econometrician. Discover Peter Arcidiacono's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 53 years old?

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Age 53 years old
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Born 1971
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Nationality United States

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Peter Arcidiacono Height, Weight & Measurements

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Peter Arcidiacono Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Peter Arcidiacono worth at the age of 53 years old? Peter Arcidiacono’s income source is mostly from being a successful economist. He is from United States. We have estimated Peter Arcidiacono's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
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Source of Income economist

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Timeline

1971

Peter Arcidiacono (born 1971) is an American economist and econometrician.

Peter S. Arcidiacono was born in Oregon in 1971.

He graduated from

1990

Tigard High School in 1990, completed a B.S. in Economics in 1993 at Willamette University, and received his Ph.D. in Economics from the

1999

He received his PhD from Wisconsin in 1999 and has taught at Duke University ever since.

University of Wisconsin–Madison in 1999 under the supervision of John Kennan.

Arcidiacono has spent his entire academic career at Duke University (assistant professor, 1999–2006, associate professor, 2006–2010, and full professor, 2010–present).

Arcidiacono's research on affirmative action in higher education has centered on the theme that there exists a trade-off between institutional quality and the fit between a school and a student.

Thus, students who are admitted under affirmative action may be made worse off due to lack of academic preparation.

Arcidiacono's expertise in this field led to his being hired as an expert witness in the Students for Fair Admissions v. President and Fellows of Harvard College and Students for Fair Admissions v. University of North Carolina lawsuits.

Arcidiacono, along with Robert A. Miller and John Bailey Jones, is the co-developer of using the Expectation–maximization algorithm and conditional choice probabilities (CCPs) to simplify the maximum likelihood estimation of structural econometric models.

These methods allow a researcher to estimate the structural parameters of an economic model in stages because of additive separability in the objective function.

Additionally, CCPs allow the researcher to estimate the structural parameters without having to fully solve the agent's dynamic decision problem.

Both approaches result in substantial computational gains.

Arcidiacono's work on college major choice has used dynamic discrete choice models to understand how much student decisions are driven by future labor market earnings versus other factors, such as academic ability, enjoyment of college coursework, or future occupational match.

He has also used elicited expectations models to answer similar questions.

Arcidiacono's paper with Esteban Aucejo and Ken Spenner, entitled ''What happens after enrollment?

An analysis of the time path of racial differences in GPA and major choice'', analyzed data from Duke University and found that African American students switch out of more academically difficult majors at higher rates than their peers.

However, the study found no gap in switching once adjusting for differences in academic background.

Members of the Duke University Black Student Alliance protested the paper.

2007

Arcidiacono has served in several editorial positions since 2007:

2018

He became a fellow of the Econometric Society in 2018.

Arcidiacono is known for his research contributions to three fields: affirmative action in higher education, structural estimation of dynamic discrete choice models, and college major choice, having written survey papers on each topic.

He has also published papers on peer effects, racial discrimination, the minimum wage, and marriage markets.

Along with Richard D. Kahlenberg, Arcidiacono was hired by Students for Fair Admissions (SFFA) to serve as an expert witness in the Students for Fair Admissions v. President and Fellows of Harvard College lawsuit, which was heard by Allison D. Burroughs in Massachusetts federal district court in Boston in October 2018.

Harvard hired Ruth Simmons and David Card as its expert witnesses.

Arcidiacono and Kahlenberg also served as expert witnesses for SFFA in the Students for Fair Admissions v. UNC lawsuit, with the defendants hiring Caroline Hoxby and Bridget Terry Long.

That lawsuit has yet to receive a trial date.

On June 15, 2018, many documents surrounding the Harvard litigation (including the expert reports of Arcidiacono and Card) were publicly unsealed.

About six weeks later, a group of economists filed an amicus brief in support of Arcidiacono's findings in his expert witness report.

The economists involved were Michael Keane, Hanming Fang, Yingyao Hu, Glenn Loury, and Matthew Shum.

The brief argued that Arcidiacono's findings were correct and that Card's analysis was wrong for three reasons:

One month following, another group of economists filed an amicus brief in support of Card's analysis, claiming that the points made in the original brief were either mistaken or not germane to the question of racial discrimination.

The brief also argued that Card's decision to not pool applicants across admissions cycles was correct.

This group of economists consisted of Susan Dynarski, Harry J. Holzer, Hilary Hoynes, Guido Imbens, Alan B. Krueger, Helen F. Ladd, David S. Lee, Trevon D. Logan, Alexandre Mas, Michael McPherson, Jesse Rothstein, Cecilia Rouse, Robert M. Solow, Lowell J. Taylor, Sarah Turner, and Douglas Webber.

An amended brief was filed shortly thereafter which added George Akerlof and Janet Yellen to the list.

Arcidiacono is a devout Catholic, husband, and father of five children.

He has publicly discussed issues of being a Christian in academia.