L’Association Jean-Jacques Laffont was created by his wife Colette with the objective of promoting high quality education in economics, specially for students from emerging countries. It will therefore preserve the legacy of Jean-Jacques Laffont, who was an enthusiastic teacher and who, in the last ten years of his life, devoted much energy on the problems of developing countries.

The Association uses the funds it collects mostly to provide scholarships to students from emerging countries enrolled in Toulouse School of Economics masters or doctoral program.