Michael Spence

Michael Spence
Spence in 2008
Born (1943-11-07) November 7, 1943 (age 81)[1]
Academic background
Alma materHarvard University, (Ph.D.)
University of Oxford, (B.A.)
Princeton University, (B.A.)
ThesisMarket Signalling (1972)
Doctoral advisorKenneth Arrow[2]
Thomas Schelling[2]
InfluencesRichard Zeckhauser
Academic work
DisciplineMicroeconomics, labor economics
InstitutionsHarvard University
Stanford University
SDA Bocconi School of Management
New York University
Notable ideasSignaling theory
AwardsJohn Bates Clark Medal (1981)
Nobel Memorial Prize in Economics (2001)
Website

Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate.[3]

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.[4][5]

Together with George A. Akerlof and Joseph E. Stiglitz, Spence is a co-recipient of the 2001 Nobel Memorial Prize in Economic Sciences, "for their analyses of markets with asymmetric information."

  1. ^ "A. Michael Spence – Facts". NobelPrize.org.
  2. ^ a b Signaling in Retrospect and the Informational Structure of Markets Nobel Lecture Retrieved September 12, 2016.
  3. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001". NobelPrize.org. Retrieved 2018-11-07.
  4. ^ Economics, -William R. Berkley Professor in; Business. "NYU Stern - A. Spence - William R. Berkley Professor in Economics & Business". www.stern.nyu.edu. Retrieved 2020-05-12. {{cite web}}: |last2= has generic name (help)
  5. ^ "A. Michael Spence". Stanford Graduate School of Business. Retrieved 2020-05-12.

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