Joseph E. Stiglitz

Facts

Joseph E. Stiglitz

Photo from the Nobel Foundation archive.

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

To cite this section
MLA style: Joseph E. Stiglitz – Facts. NobelPrize.org. Nobel Media AB 2018. Wed. 14 Nov 2018. <https://www.nobelprize.org/prizes/economic-sciences/2001/stiglitz/facts/>

Back to top Back To Top Takes users back to the top of the page

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.