Photo from the Nobel Foundation archive.
James A. Mirrlees
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996
Born: 5 July 1936, Minnigaff, Scotland
Died: 29 August 2018, Cambridge, United Kingdom
Affiliation at the time of the award: University of Cambridge, Cambridge, United Kingdom
Prize motivation: "for their fundamental contributions to the economic theory of incentives under asymmetric information."
Contribution: Pioneering work on economic incentives in situations involving incomplete, or asymmetrical, information. Specialized in optimal taxation.
Prize share: 1/2