Adrien Auclert, Julien Grenet and Alexandra Roulet have joined the 15-strong advisory body.
Natalia Ramondo and David Lagakos were both previously associate professors at the institution.
The economist obtained his Ph.D. from Harvard University.
The Yale professor is awarded the prize for his research across areas including decision-making and behavioral economics.
His research spanned areas including labor economics, financial economics and risk management.
The new research unit will be led by energy economics professor Christopher Knittel.
The former finance minister of Portugal will start in the role on June 1.
The microeconomist will take up the post on Jan. 1 next year.
Ronald Crowe and David Croach have joined the university’s College of Agriculture and Life Sciences in teaching posts.
Tal Gross joined the university in 2017 from the University of Miami.