Michael Spence
Michael Spence | |
|---|---|
Spence in 2008 | |
| Born | November 7, 1943 Montclair, New Jersey, US |
| Academic background | |
| Alma mater | Harvard University, (Ph.D.) University of Oxford, (B.A.) Princeton University, (B.A.) |
| Thesis | Market Signalling (1972) |
| Doctoral advisor | Kenneth Arrow Thomas Schelling |
| Influences | Richard Zeckhauser |
| Academic work | |
| Discipline | Microeconomics, labor economics |
| Institutions | Harvard University Stanford University SDA Bocconi School of Management New York University |
| Notable ideas | Signaling theory |
| Awards | John 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.
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.
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."