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George Arthur Akerlof (born June 17, 1940) is an American economist and a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001 was awarded jointly to George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz "for their analyses of markets with asymmetric information"
Sep 7, 2022 · George Akerlof is a New Keynesian economist and Professor Emeritus at UC Berkeley. He is renowned for his 1970 paper, The Market for Lemons, Quality Uncertainty and the Market...
George A. Akerlof. Daniel E. Koshland, Sr. Distinguished Professor Emeritus of Economics; Nobel Laureate 2001. Fields. Macroeconomics, Monetary theory, Behavioral Economics. Current Status. Emeritus. PhD. Ph.D. Massachusetts Institute of Technology, 1966. Research Interests.
George A. AKERLOF. McCourt School, Georgetown. Verified email at georgetown.edu. macroeconomic and microeconomic theory. Title. Sort. Sort by citations Sort by year Sort by title. Cited by....
Nov 14, 2003 · by George A. Akerlof 2001 laureate in economic sciences. I wrote “The Market for ‘Lemons,'” (a 13-page paper for which I was awarded the Prize in Economics) during my first year as assistant professor at Berkeley, in 1966-67. * “Lemons” deals with a problem as old as markets themselves.
Jun 12, 2024 · George A. Akerlof, American economist who, with A. Michael Spence and Joseph E. Stiglitz, won the Nobel Prize for Economics in 2001 for laying the foundation for the theory of markets with asymmetric information. Learn more about Akerlof’s life and work.
George A. Akerlof. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001. Born: 17 June 1940, New Haven, CT, USA. Affiliation at the time of the award: University of California, Berkeley, CA, USA. Prize motivation: “for their analyses of markets with asymmetric information” Prize share: 1/3. Life.
Professor Akerlof is a 2001 recipient of the Alfred E. Nobel Prize in Economic Science; he was honored for his theory of asymmetric information and its effect on economic behavior. He is also the 2006 President of the American Economic Association where he served earlier as vice president and member of the executive committee.
G eorge Akerlof, along with Michael Spence and Joseph Stiglitz, received the 2001 Nobel Prize “for their analyses of markets with asymmetric information.” Although much of economics is built on the assumption of perfect information, various economists in the past had considered the effects of imperfect information.
