Abstract
William Spencer Vickrey was awarded the 1996 Nobel Prize in Economics ‘for his fundamental contributions to the economic theory of incentives under asymmetric information’. While best known as the father of auction theory, he made important contributions on a broad range of topics including social choice, marginal cost pricing, the design of tax systems, transportation economics, urban economics, and macroeconomics.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
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Bibliography
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Arnott, R. (2008). Vickrey, William Spencer (1914–1996). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1306-2
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1306-2
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Latest
Vickrey, William Spencer (1914–1996)- Published:
- 23 March 2017
DOI: https://doi.org/10.1057/978-1-349-95121-5_1306-2
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Original
Vickrey, William Spencer (Born 1914)- Published:
- 18 October 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_1306-1