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Nobel Prizes and Laureates

Nobel Prizes and Laureates

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015
Angus Deaton

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Angus Deaton - Facts

Angus Deaton

Angus Deaton

Born: 19 October 1945, Edinburgh, United Kingdom

Affiliation at the time of the award: Princeton University, Princeton, NJ, USA

Prize motivation: "for his analysis of consumption, poverty, and welfare"

Prize share: 1/1

Deepened Our Understanding of Different Aspects of Consumption

Consumption of goods and services plays a critical role in human welfare. The understanding of these relationships is crucial for designing economic policy. Angus Deaton has examined how the consumption of individuals relates to economic development in society at large. Angus Deaton's research deals with how consumption depends on prices, puts consumption in relation to savings and incomes, and shows how data on consumption can be used to analyze welfare, poverty, and economic development.

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MLA style: "Angus Deaton - Facts". Nobelprize.org. Nobel Media AB 2014. Web. 29 Jun 2016. <http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2015/deaton-facts.html>

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