George Akerlof
George A. Akerlof is the recipient of the 2001 Nobel Prize in Economics, along with fellow MIT greats Spence and Stiglitz. He was honored for his theory of information asymmetry and its impact on economic behavior. He is also lauded for his efficiency wage hypothesis, which indicates that wages are set by the efficiency goals of execs in addition to supply and demand forces.
George Akerlof Professional Experience / Academic History
Professional Experience
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Daniel E. Koshland, Sr. Distinguished Professor Emeritus of Economics
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Cassel Professor with respect to Money and Banking
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Visiting Research Economist, Special Studies Section, Board of Governor
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PhD in Economics
Academic History
HONORS AND AWARDS:
- Senior Adviser, Brookings Panel on Economic Activity
- Executive Committee of the American Economics Association
- Vice-President, American Economic Association
- Associate Editor, American Economic Review, Quarterly Journal of Economics
- Journal of Economic Behavior and Organization
- Co-editor, Economics and Politics
- Guggenheim Fellowship
- Fulbright Fellowship
- Fellow of the Econometric Society
- North American Council of the Econometric Society
- Fellow of the American Academy of Arts and Sciences
- 1990 Ely Lecturer of the American Economic Association
- Associate, Economic Growth Program, Canadian Institute for Advanced Research
- Fellow, Institute for Policy Reform
- Research Associate, National Bureau of Economic Research
- Graduate Economics Association, University of California at Berkeley,
- Award for Best Graduate Advisor, 1994
- Fisher-Shultz Lecturer, World Congress of the Econometrics Society 1995
- Director, National Bureau of Economic Research
- Member, The Russell Sage Foundation Roundtable on Behavioral e onomics
- Associate, MacArthur Initiative on e onomics, Group on Values and Norms
- Harry Johnson Lecture, Royal Economic Association, March, 1997
- Henry George Lecture, University of Scranton, 1998
- Gunnar Myrdal Lecture (Centenary of Birth), 1998
- Henry George Lecture, Williams College, 1999
- Woodward Lectures, University of British Columbia, 1999
- Honorary Doctorate, University of Zurich, 2000