Joseph E. Stiglitz
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Joseph E. Stiglitz
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001
Born: 9 February 1943, Gary, IN, USA
Affiliation at the time of the award: Columbia University, New York, NY, USA
Prize motivation: "for their analyses of markets with asymmetric information."
Contribution: Showed that asymmetric information can provide the key to understanding many observed market phenomena, including unemployment and credit rationing.
Prize share: 1/3
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Nobel Prizes 2019
Fifteen laureates have been awarded this year, for achievements that have conferred the greatest benefit to humankind.
Their work and discoveries range from how cells adapt to changes in levels of oxygen to our ability to fight global poverty.
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Their work and discoveries range from how cells adapt to changes in levels of oxygen to our ability to fight global poverty.
See them all presented here.
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