Daniel McFadden

From Wikipedia, the free encyclopedia

Daniel McFadden
Photo:Berkeley Lab
Photo:Berkeley Lab
Born July 29, 1937 (1937-07-29) (age 70)
Raleigh, North Carolina
Residence U.S.
Nationality American
Fields Econometrics
Institutions University of California, Berkeley
Alma mater University of Minnesota
Doctoral advisor Leonid Hurwicz
Doctoral students Walter Erwin Diewert
Known for Discrete choice
Notable awards John Bates Clark Medal (1975)
Frisch Medal (1986)
Nobel Prize in Economics (2000)

Daniel Little "Dan" McFadden (born July 29, 1937) is an econometrician who won (jointly with James Heckman) the 2000 Nobel Prize in Economics; McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice,"[1]. He is currently the E. Morris Cox Professor of Economics at the University of California, Berkeley.

McFadden was born in Raleigh, North Carolina. He attended the University of Minnesota, where he received a B.S. in Physics at age 19, and a Ph.D. in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz, who was awarded the Economics Nobel Prize in 2007. [2]

In 1964, McFadden joined the faculty of UC Berkeley and focused his research in areas including choice behavior and the problem of linking economic theory and measurement. He won the John Bates Clark Medal in 1975 and the Erwin Plein Nemmers Prize in Economics in 2000. He was elected to the National Academy of Sciences in 1981. In 1977, he moved to the Massachusetts Institute of Technology, but returned to Berkeley in 1991. After his return, McFadden founded the Econometrics Laboratory, which is devoted to statistical computation for economics applications. He remains its director. He is a trustee of the Economists for Peace and Security.

[edit] Notes

  1. ^ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2000. Nobelprize.org. Retrieved on 2007-10-16.
  2. ^ All Laureates in Economics. Nobelprize.org (2007). Retrieved on 2007-10-16.

[edit] See also

[edit] External links

v • d • e
Nobel Laureates in Economics

Milton Friedman (1976) · Bertil Ohlin / James Meade (1977) · Herbert Simon (1978) · Theodore Schultz / Arthur Lewis (1979) · Lawrence Klein (1980) · James Tobin (1981) · George Stigler (1982) · Gérard Debreu (1983) · Richard Stone (1984) · Franco Modigliani (1985) · James M. Buchanan (1986) · Robert Solow (1987) · Maurice Allais (1988) · Trygve Haavelmo (1989) · Harry Markowitz / Merton Miller / William Forsyth Sharpe (1990) · Ronald Coase (1991) · Gary Becker (1992) · Robert Fogel / Douglass North (1993) · John Harsanyi / John Forbes Nash / Reinhard Selten (1994) · Robert Lucas, Jr. (1995) · James Mirrlees / William Vickrey (1996) · Robert C. Merton / Myron Scholes (1997) · Amartya Sen (1998) · Robert Mundell (1999) · James Heckman / Daniel McFadden (2000)
Complete roster · 1969–1975 · 1976–2000 · 2001–present
Persondata
NAME McFadden, Daniel L.
ALTERNATIVE NAMES
SHORT DESCRIPTION Econometrics
DATE OF BIRTH July 29, 1937
PLACE OF BIRTH Raleigh, North Carolina
DATE OF DEATH
PLACE OF DEATH