William Vickrey | |
---|---|
Born | Victoria, British Columbia, Canada | 21 June 1914
Died | 11 October 1996 | (aged 82)
Nationality | Canadian |
Academic career | |
Institution | Columbia University |
Field | Social choice theory and mechanism design |
School or tradition | Georgist |
Alma mater | Yale University (BS) Columbia University (MA, PhD) |
Doctoral advisor | Carl Shoup Robert M. Haig |
Doctoral students | David Colander Jacques Drèze |
Influences | Henry George Harold Hotelling John Maynard Keynes |
Contributions | Vickrey 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]
Section Posthumous Nobel Prizes