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  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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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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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…

French Octobre 11, 2000 , a décidé de décerner pour l’année 2000 le Prix de Sciences économiques institué par la Banque de Suède à la mémoire d’Alfred Nobel pour moitié à James J. Heckman Université de Chicago, États-Unis, et pour moitié à Daniel L. McFadden Université de Californie, Berkeley, États-Unis Dans le domaine de la…

German 11 Oktober 2000 hat beschlossen, den von der Schwedischen Reichsbank in Erinnerung an Alfred Nobel gestifteten Preis für Wirtschaftswissenschaften des Jahres 2000 zwischen James J. Heckman Universität Chicago, USA und Daniel L. McFadden Universität von Kalifornien, Berkeley, USA aufzuteilen. Die Preisträger haben im Felde der Mikroökonometrie Theorien und Methoden entwickelt, die heute weitreichende Verwendung…

Writing the “The Market for ‘Lemons'”: A Personal Interpretive Essay by George A. Akerlof2001 laureate in economic sciences This article was published on 14 November 2003. 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.…