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He became a full professor in 1978.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. He is also the 2006 President of the American Economic Association.
George A. Akerlof (born June 17, 1940, New Haven, Connecticut, U.S.) American economist who, with A. Michael Spence and Joseph E. Stiglitz, won the Nobel Prize for Economics in 2001 for laying the foundation for the theory of markets with asymmetric information. Akerlof studied at Yale University (B.A., 1962) and the Massachusetts Institute of ...
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 Mechanism....
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. He is also the 2006 President of the American Economic Association where he served earlier as vice president and member of the executive committee.
BERKELEY — George A. Akerlof, an economics professor at the University of California, Berkeley, was named the 2001 co-winner of the Nobel Prize in economic sciences today (10/10/01). It is the second consecutive year in which the Nobel has gone to a UC Berkeley economist.
Bio and Featured Works. 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.
George A. Akerlof. 1940-. G eorge Akerlof, along with Michael Spence and Joseph Stiglitz, received the 2001 Nobel Prize “for their analyses of markets with asymmetric information .”. Although much of economics is built on the assumption of perfect information, various economists in the past had considered the effects of imperfect information.
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