George Akerlof

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George Akerlof

An American economist and academic born in 1940. He is most noted for his work on information asymmetry, which summarizes how economic actors use and share information in order to gain advantages in the market. Akerlof argues, contrary to neo-classical economics, that markets usually are inefficient because information is not spread evenly. He shared the Nobel Prize for Economics in 2001 for this work. Akerlof has also been noted for his work on the social effects of economic choices, particularly with regard to the availability of contraceptives and legal abortion.

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References in periodicals archive ?

Phishing for Phools: The Economics of Manipulation and Deception, by George A. Akerlof and Robert J.

Something smells phishy

George A. Akerlof is a faculty member of Georgetown University, Washington D.C.

Phishing for Phools: The Economics of Manipulation and Deception

George A. Akerlof; IDENTITY ECONOMICS; Princeton University Press (Business and Finance) $24.95 ISBN: 9780691146485

Identity Economics

The six-strong shortlist is comprised of: Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism by George A. Akerlof & Robert J.

Business Book of the Year Award shortlist is revealed

The literature on economics of information and libraries may consist of the following areas: asymmetric information (e.g., George A. Akerlof, 1970; A.

Some important theories are represented by the works of three economists, George A. Akerlof, A.

Introduction

Stiglitz of Columbia University, NBER Director George A. Akerlof of the University of California, Berkeley, and former NBER researcher A.

NBER researchers share nobel prize in economics. (Bureau News)

Such social identities define people and how they should behave, both among themselves and toward outsiders, hold Brookings economists George A. Akerlof and Rachel E.

Yours, mine, and ours: conditional cooperators give 'rational man' a run for his money

George A. Akerlof (author); IDENTITY ECONOMICS; Princeton University Press (Business and Finance, Business and Finance, Business & Economics) $24.95 ISBN: 9780691146485

Identity Economics

North, Reinhard Selten, George A. Akerlof, Vernon L.

Roads to wisdom; conversations with ten Nobel laureates in economics

"Behavioral Macroeconomics and Macroeconomic Behavior" by George A. Akerlof and "Information and the Change in the Paradigm in Economics" by Joseph E.

The economics of imperfection. (Economics, Labor & Business)

Project Directors George A. Akerlof, University of California, Berkeley, and Robert J.