Michael Spence
Canadian-American economist / From Wikipedia, the free encyclopedia
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For other people named Michael Spence, see Michael Spence (disambiguation).
Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate.[3]
Quick Facts Born, Academic career ...
Michael Spence | |
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Born | (1943-11-07) November 7, 1943 (age 80)[1] Montclair, New Jersey, US |
Academic career | |
Institution | Harvard University Stanford University SDA Bocconi School of Management New York University |
Field | Microeconomics, labor economics |
Alma mater | Harvard University, (Ph.D.) University of Oxford, (B.A.) Princeton University, (B.A.) |
Doctoral advisor | Kenneth Arrow[2] Thomas Schelling[2] |
Influences | Richard Zeckhauser |
Contributions | Signaling theory |
Awards | John Bates Clark Medal (1981) Nobel Memorial Prize in Economics (2001) |
Information at IDEAS / RePEc | |
Academic background | |
Thesis | Market Signalling (1972) |
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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."