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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996
James A. Mirrlees, William Vickrey

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Curriculum Vitae

Birth: 5 July 1936, Minnigaff, Kirkcudbrightshire, Scotland
Civil Status: Married, 1961-1993, two children
   
Education
1941-54 Primary School and Douglas Ewart High School
Newton Stewart, Wigtownshire, Scotland
1954-57 Edinburgh University
MA Mathematics and Natural Philosophy
1957-62 Cambridge University, Trinity College
1958 and 1959: Mathematical Tripos, Parts II and III
1963 Cambridge University
Ph.D. in Economics, thesis Optimum Accumulation Under Uncertainty
   
Academic employment
1962-63 Adviser with M.I.T. Center for International Studies, India Project, New Delhi
1963-68 Assistant Lecturer, then Lecturer, in Economics, University of Cambridge
1966, 1967, 1968 Adviser, Pakistan Institute of Development Economics, Karachi, for brief periods
1968-1995 (Edgeworth) Professor of Economics, University of Oxford
1995- Professor of Political Economy, University of Cambridge
March-July 1968
Sept-Jan 1970-71
Jan-May 1976
Visiting Professor, Department of Economics, M.I.T.
1986 Visiting Professor, University of California, Berkeley
1989 Visiting Professor, Yale University
   
Fellowships
1963-68/1995- Fellow of Trinity College, University of Cambridge
1968-1995 Fellow of Nuffield College, University of Oxford
   
Books

 

(with I.M.D. Little) Manual of Industrial Project Analysis in Developing Countries, Vol II: Social Cost Benefit Analysis (O.E.C.D., Paris, 1969)

(with I.M.D. Little) Project Appraisal and Planning for Developing Countries (Heinemann, London, and Basic Books, New York, 1974)
"Models of Economic Growth", Introduction to volume of same title, eds. Mirrlees and Stern (Macmillan, 1973)
 
Selected papers
(with N. Kaldor) "A New Model of Economic Growth", Review of Economic Studies, June 1962
"Optimum Growth When Technology is Changing", Review of Economic Studies, January 1967
"The Dynamic Nonsubstitution Theorem, Review of Economic Studies, January 1969
"The Evaluation of National Income in an Imperfect Economy", Pakistan Development Review, Spring 1969
"An Exploration in the Theory of Optimum Income Taxation", Review of Economic Studies, April 1971
(with R.A. Diamond) "Optimal Taxation and Public Production I: Production Efficiency" American Economic Review, March 1971
(with P.A. Diamond) "Optimal Taxation and Public Production II: Tax Rules: American Economic Review, June 1971
"The Terms of Trade: Pearson on Trade, Debt, and Liquidity", in The Widening Gap, ed. Barbara Ward (Columbia University Press, 1971)
(with P.J. Hammond) "Agreeable Plans", in Models of Economic Growth, ed. Mirrlees and Stern for the I.E.A. (Macmillan 1973)
"On Producer Taxation", Review of Economic Studies, January 1972
(with I.M.D. Little) "Further Reflections on Project Analysis", Development and Planning (Essays for Paul Rosenstein-Rodan), eds. Bhagwati and Eckaus (Allen and Unwin 1972)
(with N.H. Stern) "Fairly Good Plans", Journal of Economic Theory, April 1972
(with P.A. Diamond) "Aggregate Production with Consumption Externalities", Quarterly Journal of Economics, 1973
"The Optimum Town", Swedish Journal of Economics, 1972
"Population Policy and the Taxation of Family Size", Journal of Public Economics, 1972
"Optimal Accumulation under Uncertainty: the Case of Stationary Returns to Investment", in Allocation under Uncertainty, ed. J. Dreze (Macmillan 1974)
"Notes on Welfare Economics, Information and Uncertainty", in Essays in Equilibrium Behavior under Uncertainty, eds. M. Balch, D. McFadden, and S. Wu (North-Holland 1974)
"Optimal Taxation in a Two-Class Economy", Journal of Public Economics, 4, (February 1975)
(with A.K. Dixit and N.H. Stern) "Optimum Saving with Economies of Scale", Review of Economic Studies, 52 (July 1975)
"A Pure Theory of Underdeveloped Economies, using a Relationship between Consumption and Productivity", Agriculture in Development Theory, ed. L. Reynolds (Yale Universitv Press, 1975)
(with J.A. Kay) "The Desirability of Natural Resource Depletion", in The Economics of Natural Resource Depletion, ed. D.W. Pearce (Macmillan 1975)
"The Optimal Structure of Incentives and Authority within an Organization", Bell Journal of Economics and Management Science, Spring 1976
(with R.A. Diamond) "On the Assignment of Liability: the Uniform Case", Bell Journal of Economics, Autumn 1975
(with R.A. Diamond) "Private Constant Returns and Public Shadow Prices", Review of Economic Studies, February 1976
"Optimal Tax Theory: A Synthesis", Journal of Public Economics, December 1976
"Implications for Tax Rates", Conference lecture at Institute for Fiscal Studies, published in Taxation and Incentives, Institute for Fiscal Studies, London 1976
"The Theory of Moral Hazard and Unobservable Behaviour I", mimeo., Nuffield College, 1975
"Arguments for Public Expenditure", in Contemporary Economic Analysis, eds. Artis and Nobay, Croom-Helm, 1979
"Social Benefit-Cost Analysis and the Distribution of Income", World Development, 1978
(with R.A. Diamond) "A Model of Optimal Social Insurance with Variable Retirement", Journal of Public Economics, 1978
"The Economic Uses of Utilitarianism", in Utilitarianism and Beyond, ed. Sen and Williams, C.U.R 1982
(with R.A. Diamond and J. Helms) "Optimal Taxation in a Stochastic Economy: A Cobb-Douglas Example", Journal of Public Economics, 1980
"The Theory of Optimum Taxation", Handbook of Mathematical Economics, eds. Arrow and Intriligator, Vol.III, North-Holland, 1985
"The Implications of Moral Hazard for Optimal Insurance", mimeo., Nuffield College, 1979 (Conference in honour of Karl Borch, Bergen 1979)
"Optimal Foreign-income taxation", Journal of Public Economics, 1982
(with R.A. Diamond) "Insurance Aspects of Pensions", in Pensions, Labor and Individual Choice, ed. David A. Wise, (University of Chicago Press for NBER, 1985) pp.317-356
(with R. A. Diamond) "Payroll-tax financed social insurance with variable retirement", Scandinavian Journal of Economics, 88 (1), 1986
"Taxing Uncertain Incomes", Oxford Economic Papers 52, 1990
(with I.M.D. Little) "Project Appraisal and Planning Twenty Years On", in Proceedings of the World Bank Annual Conference on Development Economics 1990, eds. Stanley Fischer, Dennis de Tray and Shekhar Shah, (The World Bank, 1991)
(with R.A. Diamond) "Optimal Taxation of Identical Consumers when markets are incomplete", in Economic Analysis of Markets and Games (ed. Dasgupta, Gale, Hart and Maskin), M.I.T. Press 1992
"Optimal Taxation and Government Finance" in Modern Public Finance (eds. Quigley and Smolensky), Harvard University Press, 1994
"Welfare Economics and Economies of Scale", Japanese Economic Review, April, 1995.
"Private Risk and Public Action: The Economies of the Welfare State", European Economic Review, 39 (1995)
(with R. A. Diamond) "Social Insurance with Variable Retirement and Private Saving", mimeo., M.I.T., 1995

From Les Prix Nobel. The Nobel Prizes 1996, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 1997

This CV was written at the time of the award and later published in the book series Les Prix Nobel/Nobel Lectures. The information is sometimes updated with an addendum submitted by the Laureate. To cite this document, always state the source as shown above.

 

Copyright © The Nobel Foundation 1996
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