George Akerlof

George Arthur Akerlof (born June 17, 1940) is an American economist of Jewish descent. He is a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.

He won the 2001 Nobel Prize in Economic Sciences (shared with Michael Spence and Joseph E. Stiglitz). He won the Nobel Prize for studying what happens when sellers of something know more than the buyers. He showed that when many bad products are sold without the buyers knowing, selling good products will be difficult.

References

1940 births

Living people

American economists

American Nobel Prize winners

Jewish American academics

Jewish American scientists

Jewish Nobel Prize winners

Scientists from New Haven, Connecticut

Writers from New Haven, Connecticut

University of California, Berkeley faculty