Woodford’s current work centers on the implications of bounded rationality for economic analysis.
Vig joins Stanford Graduate School of Business from Northwestern University, where he was a professor of finance.
Joshua Sherman specializes in econometrics, statistics, antitrust, industrial organization and pricing behavior.
Nicolas Vincent will serve as a deputy governor for a two-year term.
He takes up the role following the sudden departure of Marta Wosinska in February.
He will join the institution on Jan. 1 next year.
The Northwestern economics professor is tasked with driving greater use of behavioral science and experimental design across the agency’s programs.
Seema Jayachandran takes up a professorship at Princeton after four years at Northwestern.