The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996
Co-nobelist: James A. Mirrlees
Economist, Mathematician. 'Fundamental contributions to economic theory of incentives under asymmetric information.' Solve real world problems. Interests: efficiency of public services, irrational budget accounting, excessive concern with inflation, insufficient attention to wasteful unemployment, macroeconomic stabilization, ethics, philosophy, world peace.
Rip van Winkle award for deep, uninterrupted concentration while attending seminars.
A Biographical Memoir by Jacques Drëze. National Academy of Sciences. Bio 18 pages; total 22 pages.
Name: William Spencer Vickrey
Birth: 21 June 1914, Victoria, BC, Canada
Death: 11 October 1996, Harrison, NY, USA
Institution: Columbia University, New York, NY, USA
Award: "for their fundamental contributions to the economic theory of incentives under asymmetric information"
Subject: economics of information
Portion of Prize: 1/2
Ph.D. Economics, Columbia University 1948. Doctorial dissertation, Agenda for Progressive Taxation, was reprinted as an "economic classic" in 1972.