Portal:Business and economics/Did you know/May 2008
From Wikipedia, the free encyclopedia
- ...that prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979 as a psychologically realistic alternative to expected utility theory?
- ...that Nobel laureate Amartya Sen's publications in the 1960s and 1970s helped develop social choice theory, which first came to prominence in the work by the American economist Kenneth Arrow?
- ...that Harvard economist Susan Athey was the first female recipient of the John Bates Clark Medal?
- ...that N. Gregory Mankiw left law school after earning his Ph.D. in economics from the Massachusetts Institute of Technology in 1984?
