William Vickrey

William Vickrey
Born(1914-06-21)21 June 1914
Died11 October 1996(1996-10-11) (aged 82)
NationalityCanadian
Academic career
InstitutionColumbia University
FieldSocial choice theory and mechanism design
School or
tradition
Georgist
Alma materYale University (BS)
Columbia University (MA, PhD)
Doctoral
advisor
Carl Shoup
Robert M. Haig
Doctoral
students
David Colander
Jacques Drèze
InfluencesHenry George
Harold Hotelling
John Maynard Keynes
ContributionsVickrey auction
Revenue equivalence theorem
Congestion pricing
Awards
Information at IDEAS / RePEc

William Spencer Vickrey (21 June 1914 – 11 October 1996) was a Canadian-American professor of economics and Nobel Laureate. Vickrey was awarded the 1996 Nobel Memorial Prize in Economic Sciences with James Mirrlees for their research into the economic theory of incentives under asymmetric information, becoming the only Nobel laureate born in British Columbia.

The announcement of his Nobel Prize was made just three days prior to his death. Vickrey died while traveling to a conference of Georgist academics that he helped found and never missed once in 20 years.[1][2] His Columbia University economics department colleague C. Lowell Harriss accepted the posthumous prize on his behalf. There are only three other cases where a Nobel Prize has been presented posthumously: Erik Axel Karlfeldt (Literature 1931), Dag Hammarskjöld (Peace 1961) and Ralph Steinman (Physiology or Medicine 2011).[3]

  1. ^ Netzer, Dick (November 1996). "Remembering William Vickrey". Land Lines. 8 (6). Retrieved 2 September 2016.
  2. ^ Gaffney, Mason. "Warm Memories of Bill Vickrey". Land & Liberty. Retrieved 15 November 2016.
  3. ^ "Nobel Prize facts". The Nobel Prize. Retrieved 18 September 2023. Section Posthumous Nobel Prizes

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