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article: 1 from 1  
2012, vol. 41, iss. 2, pp. 52-59
Nobel Prize for 1996: James A. Mirrlees and William Vickrey
Udruženje banaka Srbije, Beograd

emailsvetlana.pantelic@ubs-asb.com
Keywords: James Mirrlees; Scotland; William Vickrey; Canada; USA; economic theory of incentives; asymmetric information; applied theoreticians; taxation mechanism; revenue; insurance companies; arranged options; auction theory; auction-based sale; auction; open English aucti
Abstract
The Nobel Prize in Economics for 1996 was awarded to James A. Mirrlees (1936, Minnigaff, Scotland) and William Vickrey (1914-1996, Victoria, Canada), for their fundamental contribution to the economic theory of incentives under asymmetric information. They have been considered applied theoreticians interested in the economic theory only as a means for better understanding of important issues in the economic policy.
References
Pelević, B. (2004) Ekonomisti nobelovci - 1990-2003. Beograd: Centar za izdavačku delatnost Ekonomskog fakulteta
 

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article language: Serbian
document type: Review Paper
published in SCIndeks: 22/03/2013

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