William S. Vickrey was born in Victoria, British Columbia, in 1914. His elementary and secondary education were in Europe and the United States, with graduation from Phillips Andover Academy in 1931. He received a B.S. in mathematics from Yale in 1935, followed by graduate work in economics at Columbia University from 1935 to 1937, when…

Procuring Universal Service: Putting Auction Theory to Work Lecture at the Royal Academy of Sciences, December 9, 1996 by Pdf 16 MB William Vickrey: A Pioneer in the Economics of Incentives Lecture, December 27, 1996 by Jean-Jacques Laffont Pdf 368 kB …

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Swedish 8 oktober 1996 har beslutat utdela Sveriges Riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne år 1996 till Professor James A. Mirrlees, University of Cambridge, U.K. och Professor William Vickrey, Columbia University, New York, USA, (avliden den 10 oktober 1996) för fundamentala bidrag till den ekonomiska teorin för incitament vid asymmetrisk information. Information…

Presentation Speech by Professor Bertil Näslund of the Translation of the Swedish text Your Majesties, Your Royal Highness, Ladies and Gentlemen, A market economy is a gigantic system which communicates information about the production costs of enterprises and consumer preferences. Sometimes, however, information is unevenly distributed among decision-makers. A bank which lends money to a…

English 8 October 1996 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1996, to Professor James A. Mirrlees, University of Cambridge, U.K. and Professor William Vickrey, Columbia University, New York, USA, (deceased October 10, 1996) for their fundamental contributions to the economic theory of incentives under…

Newton Stewart is a town of two thousand people in the beautiful centre of Galloway, in the southwest of Scotland. My father came there in 1934, newly married, to be a teller in one of the six banks. In 1936 I was born, in a cottage across the river in the neighbouring village of Minnigaff.…

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Additional background material on the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 1996 8 October 1996; has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1996, to Professor James A. Mirrlees, University of Cambridge, U.K. and Professor William Vickrey, Columbia University, New…