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James A. Mirrlees
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
See the list of all Nobel Prizes, awarded for "the greatest benefit to mankind."
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