The Department of Economics The Grunberg Lecture Series The Eleventh Lecture - April 27, 1998:
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Professor James A. Mirrlees
Department of Economics and Politics
University of Cambridge
Nobel Prize in Economics, 1996
"How Fast Should the Economy Grow?"
Professor Mirrlees shared the Nobel Prize in 1996 with Dr. William Vickery for their fundamental contributions to economic theory of incentives under asymmetric information. Mirrlees' research found a more thorough solution to the problems associated with optimal incomes taxes. He soon realized that his method could also be applied to many other similar problems. It has become a principal constituent of the modern analysis of complex information and incentive problems. Mirrlees' approach has become particularly valuable in situations where it is impossible to observe another agent's actions, so-called moral hazard
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(Click a lecture for
more information.)
- The First Lecture, 1988, Herbert A. Simon (Nobel 1978)
- The Second Lecture, 1989,
William Cooper (Von Neumann Medal
1982)
- The Third Lecture, 1990,
Franco Modigliani (Nobel 1985)
- The Fourth Lecture, 1991,
Richard Cyret
- The Fifth Lecture, 1992,
James Tobin (Nobel 1981)
- The Sixth Lecture, 1993, Robert Solow (Nobel 1987)
- The Seventh Lecture, 1994, Kenneth Arrow (Nobel 1972)
- The Eight Lecture, 1995, Lawrence Klein (Nobel 1980)
- The Ninth Lecture, 1996, Harry M. Markowitz (Nobel 1990)
- The Tenth Lecture, 1997, Douglas C. North (Nobel 1993)
- The Eleventh Lecture, 1998, James A. Mirrlees (Nobel 1996)
- The Twelfth Lecture, 1999, Robert W. Fogel (Nobel 1993)
- The Thirteenth Lecture, 2000, Herbert A. Simon (Nobel 1977)
- The Fourteenth Lecture, 2001, Joseph Stiglitz (Nobel 2001)
- The Fifteenth Lecture, 2002, James A. Heckman (Nobel 2000)
- The Sixthteenth Lecture, 2004, Vernon L. Smith (Nobel 2002)
- The Seventeenth Lecture, 2006, Finn Kydland (Nobel 2004)
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