Economic Sciences

Popular information

Swedish Populärvetenskaplig information Teorin för marknader med asymmetrisk information har under de senaste 25 åren blivit en central och forskningsmässigt mycket livaktig del av den ekonomiska vetenskapen. Modeller med informationsbrister är numera oundgängliga i forskarnas verktygslåda. Tillämpningarna är otaliga och sträcker sig från traditionella jordbruksmarknader i utvecklingsländer till moderna finansmarknader i utvecklade ekonomier. Grunden till…

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Press release

French October 10, 2001 a décidé d’attribuer pour l’année 2001 le Prix de Sciences économiques créé par la Banque de Suède à la mémoire d’Alfred Nobel conjointement à George A. Akerlof University of California, Berkeley, USA, A. Michael Spence Stanford University, USA, et Joseph E. Stiglitz Columbia University, USA, “pour leurs travaux sur les marchés…

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Popular information

English Information for the Public For more than two decades, the theory of markets with asymmetric information has been a vital and lively field of economic research. Today, models with imperfect information are indispensable instruments in the researcher’s toolbox. Countless applications extend from traditional agricultural markets in developing countries to modern financial markets in developed…

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Other resources

  George A. Akerlof http://elsa.berkeley.edu/~akerlof/index.shtml   A. Michael Spence http://gobi.stanford.edu/facultybios/bio.asp?ID=156   Joseph E. Stiglitz http://www.columbia.edu/cu/economics/stiglitz.htm   Akerlof G. (1970), “The Market for Lemons: Quality Uncertainty and the Market Mechanism”, Quarterly Journal of Economics 84, 488-500. Riley, J. (2001), “Silver Signals: Twenty-Five Years of Screening and Signaling”, Journal of Economic Literature 39, 432-478. Rothschild M. och…

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Biographical

Family backgroundI was born on June 17, 1940 in New Haven, Connecticut. My father was a chemist on the Yale faculty, my mother a housewife. They had met ten years earlier at a departmental picnic when my mother had been a chemistry graduate student at Yale. My brother, Carl, was two years older. My father,…

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Press release

English October 11, 2000 has decided that the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2000, will be shared between James J. Heckman University of Chicago, USA, and Daniel L. McFadden University of California, Berkeley, USA. In the field of microeconometrics, each of the laureates has developed theory and methods…

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