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Topic: George Akerlof


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  A Form Of Looting" Der Spiegel, Interviews George A. Akerlof, co-winner of the Nobel Prize in economic sciences.
George A. Akerlof, co-winner of the Nobel Prize in economic sciences.
George A. Akerlof: In the long term, a deficit of this magnitude is not manageable.
George A. Akerlof, an economics professor at the University of California, Berkeley, who was named the 2001 co-winner of the Nobel Prize in economic sciences.
www.informationclearinghouse.info /article4292.htm   (1321 words)

  
 Yale '62 - Classmates report - George Akerlof
George A. Akerlof, a professor in UC Berkeley's Department of Economics, was named the 2001 co-winner of the Nobel Prize in economic sciences on October 10, 2001.
Akerlof is married to economist Janet L. Yellen, the Eugene and Catherine M. Trefethen Professor at the Haas School.
Akerlof is the author of a landmark study on the role of asymmetric information in the market for "lemon" used cars.
www2.aya.yale.edu /classes/yc1962/akerlof.html   (544 words)

  
 George Akerlof   (Site not responding. Last check: 2007-10-19)
George Arthur Akerlof (born June 17, 1940) is an American economist and Koshland Professor of Economics at the University of California, Berkeley.
Akerlof received his Bachelor's degree from Yale University in 1962, and his Ph.D. from MIT in 1966.
His maternal great-grandfather was born in Oakland, California and was an alumnus of UC Berkeley (Class of 1873).
www.gogoglo.com /wiki/en/wikipedia/g/ge/george_akerlof.html   (202 words)

  
 George Akerlof
George Akerlof was born on June 17, 1940, in New Haven, Connecticut.
Akerlof received his Bachelor’s degree from Yale in 1962, and his Ph.D. in economics from MIT in 1966.
Akerlof received the Nobel Prize for Economics in 2001, along with Michael Spence and Joseph Lemons, for their contribution to the theory of information asymmetries.
www.jewishvirtuallibrary.org /jsource/biography/akerlof.html   (527 words)

  
 NSF hosts talk by George Akerlof, 2001 Nobel Laureate, on 'Economics and Identity'
Akerlof shared a 2001 Nobel Prize with Stanford University's A. Michael Spence and Columbia University's Joseph E. Stiglitz for their contributions to the foundations of the theory of markets with asymmetric information — that is, that agents on one side of the market have much better information than those on the other side.
Akerlof's talk is based on his current work with colleague Rachel Kranton of the University of Maryland.
Akerlof's NSF-supported work includes: the theory of the business cycle and measurement of its impact; cognitive dissonance and economic theory; studies in labor markets that measured impacts of job changes and unemployment, and the effects of taxes on labor supply; and several studies of the economics and behavior in primarily low income, urban areas.
www.eurekalert.org /pub_releases/2003-04/nsf-nht040103.php   (424 words)

  
 George A. Akerlof at IDEAS
Akerlof, George A & Yellen, Janet L, 1990.
Akerlof, George A & Yellen, Janet L, 1988.
Akerlof, George A & Yellen, Janet L, 1987.
ideas.repec.org /e/pak7.html   (1609 words)

  
 Profile for George Akerlof
George Akerlof is a Nobel Laureate, the Koshland Professor of Economics at the University of California at Berkeley and a Senior Fellow of The Brookings Institution.
From 1973-74, Dr. Akerlof served as a Senior Staff Economist for the Council of Economic Advisors, and in 1977-78, he was a Visiting Research Economist in the Board of Governors of the Federal Reserve System.
Akerlof was a co-recipient of the 2001 Nobel Prize in Economic Sciences, together with A. Michael Spence and Joseph E. Stiglitz, "for their analyses of markets with asymmetric information." He also recently received two Honorary Doctorates: one from the University of Zurich in 2000, and the other from the University of Antwerp in 2001.
www.ciar.ca /web/home.nsf/pages/home.0600!opendocument   (460 words)

  
 'Horrendous': Nobel economist George Akerlof criticizes Bush economic stimulus package
George Akerlof, winner of the 2001 Nobel Prize in Economic Sciences and a critic of the Bush Administration's economic stimulus package.
The NewsCenter asked Akerlof to explain why such a petition was necessary and what flaws he sees in the current economic stimulus package.
Akerlof: We shouldn't call it a stimulus package until there is evidence to show that in fact it is a stimulus package.
www.berkeley.edu /news/media/releases/2003/02/12_akerlof.shtml   (1603 words)

  
 George Akerlof a Winner of 2001 Nobel Prize in Economics
George A. Akerlof, an economics professor at the University of California, Berkeley, was named the 2001 co-winner of the Nobel Prize in economic sciences today (10/10/01).
Akerlof is married to economist Janet L. Yellen, the Eugene and Catherine M. Trefethen Professor at UC Berkeley’s Haas School of Business and professor of economics.
"George Akerlof’s contributions to economics have been fundamental, from his celebrated paper describing the role of asymmetric information between buyers and sellers in the market for ‘lemons’ to his work that helped launch the burgeoning field of behavioral economics," said Alan Auerbach, chairman of UC Berkeley’s economics department.
www.berkeley.edu /news/features/2001/nobel/index.html   (1264 words)

  
 INSIDER INFORMATION : Is insider information useful? American economist George Akerlof looks at the used car market as ...
But it wasn't until an American economist named George Akerlof published a revolutionary paper in 1970 that the profession realized quite how profound and dramatic the problem might be.
Akerlof chose as his example the market for used cars and showed that even if the market is highly competitive, it simply cannot work if sellers know a lot about the quality of their cars and buyers do not.
Akerlof won the Nobel Prize in 2001 for his work on the problem of asymmetric information; he shared it with two economists who proposed partial solutions.
www.wallstraits.com /MAIN/viewarticle.php?id=1462   (871 words)

  
 Faculty Help Desk News Story, the College of Letters and Science, UC Berkeley
Akerlof says the used car market was an excellent base from which to study the effects of asymmetric information because purchasing or selling a used car is a common experience.
Professor Akerlof is interested in a wide array of economic issues and approaches, and is especially known for his interdisciplinary perspective.
When Dr. Akerlof was appointed the Richard and Rhoda Goldman Distinguished Professor in the Social Sciences, he spoke of his dedication to his students and his discipline.
ls.berkeley.edu /new/01/akerlof.html   (835 words)

  
 George Arthur Akerlof
George A. Akerlof, an economics professor at the University of California, Berkeley, was named the 2001 co-winner of the Nobel Prize in economic sciences in 2001.
George Akerlof, described by a colleague as 'a citizen of the profession', is the author of a landmark study on the role of asymmetric information in the market for 'lemon' used cars.
Since joining UC Berkeley’s economics department in the College of Letters and Science as an assistant professor in 1966, Akerlof has been recognized for his research that borrows from sociology, psychology, anthropology and other fields to determine economic influences and outcomes.
www.economyprofessor.com /theorists/georgearthurakerlof.php   (302 words)

  
 George Akerlof and the Internet
He is George Akerlof, 61, of UC Berkeley and his classic study is a 1970 paper on "a market for lemons".
This is what I said of Akerlof's study: "It is frequently said that the 'Net is free and should be free.
A now-classic study by Akerlof (1970) on quality uncertainty suggests that there could emerge 'a market for lemons' or poor quality goods that would eventually drive out high-quality producers and, in the extreme, destroy the market.
www.apnic.net /mailing-lists/apple/archive/2001/10/msg00006.html   (578 words)

  
 Newswise
George A. Akerlof, University of California, Berkeley economics professor and author of the classic paper "The Market for Lemons," which led to a Nobel Prize, speaks at the National Science Foundation.
Akerlof shared a 2001 Nobel Prize with Stanford University's A. Michael Spence and Columbia University's Joseph E. Stiglitz for their contributions to the foundations of the theory of markets with asymmetric information - that is, that agents on one side of the market have much better information than those on the other side.
NSF is an independent federal agency that supports fundamental research and education across all fields of science and engineering, with an annual budget of $5.3 billion.
www.newswise.com /articles/view?id=SERVAWRD.NSF   (422 words)

  
 George A. Akerlof Winner of the 2001 Nobel Prize in Economics
George A. Akerlof Winner of the 2001 Nobel Prize in Economics
George Akerlof nació en New Haven (submitted by dareth)
George A. Akerlof Biography from Encyclopedia Britannica (submitted by www.britannica.com)
www.almaz.com /nobel/economics/2001a.html   (118 words)

  
 The Economists' Voice
In a campaign speech given in Iowa, George Akerlof argues that the Bush administration has hamstrung its good administrators and opted time and again for waving a magic wand to solve problems instead of facing reality.
The problem may be most severe in the case of the deficits, where if we don't face up to reality, Akerlof argues, there will be profound consequences.
George Akerlof (2004) "Election 2004: Fiction vs. Reality," The Economists' Voice: Vol.
www.bepress.com /ev/vol1/iss2/art2   (85 words)

  
 US Nobel Laureate Slams Bush Gov't as "Worst" in American History
George A. Akerlof, 2001 Nobel prize laureate who teaches economics at the University of California in Berkeley.
BERLIN - American Nobel Prize laureate for Economics George A. Akerlof lashed out at the government of US President George W.
Akerlof has been recognized for his research that borrows from sociology, psychology, anthropology and other fields to determine economic influences and outcomes.
www.commondreams.org /headlines03/0729-06.htm   (1628 words)

  
 Kick George Bush out of office
George Bush might be the worst president in U.S. history.
A vote for Ralph Nader is a vote for George Bush.
George Bush was not much of a student and not much of a businessman, but he made a lot of money anyway, thanks to his friends and his father's friends.
www.well.com /~sunbear/crimes.html   (6482 words)

  
 George Akerlof's Question: Archive Entry From Brad DeLong's Webjournal
The Sweet Spot: "What we have here is a form of looting." So says George Akerlof, a Nobel laureate in economics, of the Bush administration's budget policies -- and he's right.
With startling speed, we've blown right through the usual concerns about budget deficits -- about their effects on interest rates and economic growth -- and into a range where the very solvency of the federal government is at stake.
George W. Bush is like a man who tells you that he's bought you a fancy new TV set for Christmas, but neglects to tell you that he charged it to your credit card, and that while he was at it he also used the card to buy some stuff for himself.
www.j-bradford-delong.net /movable_type/2003_archives/002511.html   (1425 words)

  
 rediff.com: Akerlof, Spence, Stiglitz bag Nobel Economics Prize
George Akerlof, Michael Spence and Joseph Stiglitz, all from the United States, won the 2001 Nobel Prize for Economics, the Royal Swedish Academy of Sciences said on Wednesday.
Michael Spence identified an important form of adjustment by individual market participants, where the better informed take costly actions in an attempt to improve on their market outcome by credibly transmitting information to the poorly informed.
George A Akerlof, 61, has a PhD from MIT and has held professorships at Indian Statistical Institute and London School of Economics.
www.rediff.com /money/2001/oct/10nobel.htm   (418 words)

  
 George Akerlof - Wikipedia
Akerlof este probabil foarte cunoscut datorită articolului său, The Market for Lemons: Quality Uncertainty and the Market Mechanism (Piaţa lămâilor: Incertitudinea asupra calităţii şi mecanismul pieţei), publicat în Quarterly Journal of Economics în 1970, în care a identificat problemele majore care pot afecta pieţele caracterizate de informaţie asimetrică.
Akerlof a obţinut masteratul la Universitatea din Yale în 1962, iar doctoratul la Institutul Tehnologic din Massachusetts în 1966 şi a predat la Şcoala londoneză de economie.
George Akerlof: The Market for 'Lemons': Quality Uncertainty and the Market Mechanism, Quarterly Journal of Economics (August 1970).
ro.wikipedia.org /wiki/George_Akerlof   (262 words)

  
 Rachel E. Kranton| Department of Economics | University of Maryland
"Identity and the Economics of Organizations," with George Akerlof, September 2003.
Technical Appendix for "Economics and Identity," with George Akerlof.
Technical Appendix for "Identity and Schooling," with George Akerlof.
www.econ.umd.edu /~kranton   (314 words)

  
 USATODAY.com - Three Americans win Nobel Prize in economics   (Site not responding. Last check: 2007-10-19)
When George Akerlof wrote a paper called "The Market for Lemons" his first year as an assistant professor 32 years ago, he couldn't get economics journals to publish it.
It was considered quirky and went against the grain of conventional economic thinking, which held that buyers and sellers would not agree on a sales price unless they both considered themselves better off.
Sometimes mistrust can be solved by repeat buying and reputation, which explains why consumers will pay more for the mechanic they know or pay more for Bayer than generic aspirin.
www.usatoday.com /money/economy/2001-10-10-nobel.htm   (663 words)

  
 Reference.com/Encyclopedia/George Akerlof
Akerlof is perhaps best known for his article, "The Market for Lemons: Quality Uncertainty and the Market Mechanism", published in Quarterly Journal of Economics in 1970, in which he identified the severe problems that may afflict markets characterized by asymmetrical information.
Akerlof graduated from the Lawrenceville School and received his Bachelor's degree from Yale University in 1962, and his Ph.D. from MIT in 1966 and has taught at the London School of Economics.
Article on George Akerlof from Yale Economic Review
www.reference.com /browse/wiki/George_Akerlof   (278 words)

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