William Vickrey
Economist, Nobel Prize laureate
Born
June 21st, 1914
111 years ago
Died
1996
29 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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