William Vickrey

Economist, Nobel Prize laureate

William Vickrey - Thinkers & Philosophers born June 21st, 1914
Born
Died

1996
30 years ago — 82 years old

Category

Thinkers & Philosophers

Country

Canada

Links & References

An economist and academic contributed to the theory of incentive systems and auction design. Vickrey's work on the theory of second-price auctions established foundational concepts in auction theory. He received the Nobel Memorial Prize in Economic Sciences in 1996 for his analysis of incentives under asymmetric information and for his contributions to auction theory. Vickrey served as a professor at Columbia University and was actively involved in various economic research initiatives throughout his career.

Received Nobel Prize in Economic Sciences in 1996

Developed theory of second-price auctions

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