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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. 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.
Nov 14, 2003 · by George A. Akerlof 2001 Laureate in Economics. 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.
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...
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.
Akerlof earned his B.A. in economics at Yale in 1962 and his Ph.D. in economics at MIT in 1966. For most of his professional life, he has been an economics professor at the University of California at Berkeley.
George Akerlof is University Professor at Georgetown. His research is based in economics, but it often draws from other disciplines, including psychology, anthropology, and sociology. He played an important role in the development of behavioral economics.
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