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Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate. Spence is the William R. Berkley Professor in Economics and Business at the Stern School of Business at New York University, and the Philip H. Knight Professor of Management, Emeritus, and Dean, Emeritus, at the Stanford Graduate School of Business.
Bio. Spence is a senior fellow at the Hoover Institution and Philip H. Knight Professor and dean, emeritus, at Stanford Graduate School of Business. He is the chairman of an independent Commission on Growth and Development, created in 2006 and focused on growth and poverty reduction in developing countries.
Apr 25, 2024 · A. Michael Spence (born 1943, Montclair, New Jersey, U.S.) is an American economist who, with George A. Akerlof and Joseph E. Stiglitz, won the Nobel Prize for Economics in 2001 for laying the foundations for the theory of markets with asymmetric information.
Aug 9, 2021 · Learn about the life and achievements of Michael Spence, an economist who won the Nobel Prize in 2001 for his theory of market signaling. Find out how he developed his theory of information asymmetry, which explains how individuals use their education credentials as a signal to potential employers. Explore his research on development economics, monopolistic competition, and industrial organization.
Michael Spence is an American economist who won the Nobel Prize for his work on markets with asymmetric information and signaling theory. He studied at Yale, Oxford and Harvard, and taught at Stanford as dean of the business school.
Oct 10, 2001 · A. Michael Spence, former dean of the Graduate School of Business, received the Nobel Memorial Prize in Economic Sciences for his work in information economics. He shared the prize with George A. Akerlof and Joseph E. Stiglitz for their contributions to the theory of asymmetric information and its applications.
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Michael Spence is a senior fellow (adjunct) at the Hoover Institution, a professor of economics at the Stern School at New York University, and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University. Spence’s latest publication is...
