The President today announced that he will nominate Elizabeth E. Bailey, of Rumson, N.J., to be a member of the Civil Aeronautics Board for the remainder of the term expiring December 31, 1977, and for a term expiring December 31, 1983. She would replace John E. Robson.
Bailey was born November 26, 1938, in New York City. She received a B.A. in economics from Radcliffe College in 1960, an M.S. in mathematics from Stevens Institute of Technology in 1966, and a Ph. D. in economics from Princeton University in 1972.
She has been with Bell Laboratories since 1960, beginning as a computer programer and later working in the Traffic Studies Center, where she conducted mathematical studies of telecommunications traffic patterns and assisted in the development of a private communications network for the Department of Defense.
In 1968 she joined the Economic Modeling Group at Bell Labs to conduct research in regulatory theory, and in 1973 she became supervisor of the Economic Analysis Group. Since 1975 she bas been head of the Economics Research Department.
Since 1973 she has been an adjunct associate professor of economics at New York University, where her principal subject is pricing and industry regulation. She is on the editorial board of the American Economic Review and is a founder and former vice president of the School for Children with Learning Disability.
Bailey is the author of the book "Economic Theory of Regulatory Constraint" (1973) and of numerous articles on economics.