George Akerlof
George Arthur Akerlof (born June 17, 1940) is an American economist of Jewish descent. He is a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.[2][3]
George Akerlof | |
|---|---|
 Akerlof in 2007 | |
| Born | George Arthur Akerlof June 17, 1940 New Haven, Connecticut, U.S. |
| Nationality | United States |
| Institution | Georgetown University University of California, Berkeley |
| School or tradition | New Keynesian economics |
| Alma mater | Lawrenceville School Yale University (B.A.) MIT (Ph.D.) London School of Economics |
| Doctoral students | Charles Engel Adriana Kugler |
| Influences | John Maynard Keynes |
| Contributions | Information asymmetry Efficiency wages |
| Awards | Nobel Memorial Prize in Economic Sciences (2001) |
| Information at IDEAS / RePEc | |
He won the 2001 Nobel Prize in Economic Sciences (shared with Michael Spence and Joseph E. Stiglitz). He won the Nobel Prize for studying what happens when sellers of something know more than the buyers. He showed that when many bad products are sold without the buyers knowing, selling good products will be difficult.[4]
References
- ↑ Akerlof, George (1966). Wages and capital. Massachusetts Institute of Technology. https://dspace.mit.edu/bitstream/handle/1721.1/12962/26075763-MIT.pdf?sequence=2. Retrieved June 28, 2017.
- ↑ "George Akerlof (aka Mr. Janet Yellen) Heads to Georgetown - Real Time Economics - WSJ". blogs.wsj.com. 2014-09-23. Retrieved 2014-10-25.
- ↑ "Faculty".
- ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001". NobelPrize.org. Retrieved 2021-05-11.
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