The
Emile
Grunberg
Lecture
Series
| The Eleventh Lecture - April 27, 1998:
Professor James A. Mirrlees
Department of Economics and Politics
University of Cambridge
Nobel Prize in Economics, 1996
"How Fast Should the Economy Grow?"
Professor Mirrlees shared the Nobel Prize in 1996 with Dr. William Vickery for
their fundamental contributions to economic theory of incentives under
asymmetric information. Mirrlees' research found a more thorough solution to
the problems associated with optimal incomes taxes. He soon realized that his
method could also be applied to many other similar problems. It has become a
principal constituent of the modern analysis of complex information and
incentive problems. Mirrlees' approach has become particularly valuable in
situations where it is impossible to observe another agent's actions, so-called
moral hazard.
(Click a lecture for more information.)
| The First Lecture,
1988, Herbert A.
Simon (Nobel
1978) | The Second
Lecture, 1989,
William Cooper
(Von Neumann
Medal 1982) | The Third Lecture,
1990, Franco
Modigliani (Nobel
1985) | The Fourth
Lecture, 1991,
Richard Cyret |
| The Fifth Lecture,
1992, James Tobin
(Nobel 1981) | The Sixth Lecture,
1993, Robert Solow
(Nobel 1987) | The Seventh
Lecture, 1994,
Kenneth Arrow
(Nobel 1972) | The Eighth
Lecture, 1995,
Lawrence Klein
(Nobel 1980) |
| The Ninth Lecture,
1996, Harry M.
Markowitz (Nobel
1990) | The Tenth Lecture,
1997, Douglass C.
North (Nobel 1993) | The Eleventh
Lecture, 1998,
James A. Mirrlees
(Nobel 1996) | The Twelveth
Lecture, 1999,
Robert W. Fogel
(Nobel 1993) |
|