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Hirshleifer, Jack (1926–2005)

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The New Palgrave Dictionary of Economics

Abstract

Jack Hirshleifer was one of the leaders of the ‘information and uncertainty’ revolution in economics. His work on the role of time and uncertainty in asset markets and the value of information plays a fundamental role in modern economic thought. Hirshleifer was also a leader in the ‘imperial’ school of economics, taking the lead in expanding economic thought to areas such as evolution and conflict, which traditionally were studied by other social science disciplines.

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Bibliography

  • Fudenberg, D.R., J. Gilbert, J. Stiglitz, and J. Tirole. 1983. Preemption, leapfrogging and competition in patent races. European Economic Review 22: 3–31.

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Landaw, E., Levine, D.K. (2018). Hirshleifer, Jack (1926–2005). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2131

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