2001 Economics Nobel Prize goes to work on the effect of asymmetric information on markets

Joseph Stiglitz, one of the recipients of the Bank of Sweden’s Nobel Prize in Economics for 2001, was my graduate advisor’s graduate advisor. This year the award went to Stiglitz, Akerlof, and Spence for their work on how markets are affected when what I know isn’t what you know. That’s asymmetric information.

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This entry was written by Bill Humphries and posted on October 10, 2001 at 12:00 am and filed under Uncategorized. Bookmark the permalink. Follow any comments here with the Atom feed for this post. Both comments and trackbacks are currently closed.