Skip to main content

Diamond, Peter (Born 1940)

  • Reference work entry
  • First Online:
The New Palgrave Dictionary of Economics
  • 39 Accesses

Abstract

Peter Diamond has made fundamental contributions to economic theory over a wide range of areas including search theory and its implications for unemployment (for which he was awarded the Nobel Memorial Prize), optimal taxation, which he pioneered with James Mirrlees, incomplete markets and their implications inter alia for the design of social insurance, and the role of government debt in fostering intergenerational efficiency. For most of his career, he has also been active in policy analysis, notably pensions.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 8,499.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Bibliography

  • Allais, M. 1947. Economie et Intérêt. Paris: Imprimerie Nationale.

    Google Scholar 

  • Economic Sciences Prize Committee of the Royal Swedish Academy of Sciences. 2010. Markets with search frictions, scientific background on the Sveriges Riksbank Prize in economic sciences in memory of Alfred Nobel 2010, Stockholm. http://www.nobelprize.org/nobel_prizes/economics/laureates/2010/ecoadv10.pdf

  • Fuss, M., and D. McFadden. 1978. Cost, revenue, and profit functions. In Production economics: A dual approach to theory and applications, vol. 1. Amsterdam: North-Holland.

    Google Scholar 

  • Geanakoplos, J.D., and H.M. Polemarchakis. 1986. Existence, regularity and constrained suboptimality of competitive allocations when the asset structure is incomplete. In Uncertainty, information and communication: Essays in honor of K. J. Arrow, ed. W.P. Hell, R.M. Starr, and D.A. Starrett, vol. 3, 65–95. New York: Cambridge University Press.

    Chapter  Google Scholar 

  • Grossman, S., and O. Hart. 1979. A theory of competitive equilibrium in stock market economies. Econometrica 47: 293–329.

    Article  Google Scholar 

  • Hart, O. 1975. On the optimality of equilibrium when the market structure is incomplete. Journal of Economic Theory 11: 418–443.

    Article  Google Scholar 

  • Lipsey, R.G., and K. Lancaster. 1956. The general theory of second best. Review of Economic Studies 24: 11–32.

    Article  Google Scholar 

  • Magill, M., and M. Quinzii. 1996. Theory of incomplete markets. Vol. I. Cambridge, MA/London: MIT Press ; reprinted in Magill, M. and Quinzii, M. (eds.) 2008. Incomplete markets, Vol. 1: Finite horizon economies. International Library of critical writings in economics. Cheltenham, UK: Edward Elgar.

    Google Scholar 

  • Malinvaud, E. 1987. The overlapping generations model in 1947. Journal of Economic Literature 25(1): 103–105.

    Google Scholar 

  • Mortensen, D.T. 2011. Markets with search friction and the DMP model. American Economic Review 101: 1073–1091.

    Article  Google Scholar 

  • Moscarini, G., and R. Wright. 2007. An interview with Peter Diamond. Macroeconomic Dynamics 11: 543–565.

    Article  Google Scholar 

  • Pigou, A.C. 1920. The economics of welfare. 4th ed. London: Macmillan.

    Google Scholar 

  • Ramsey, F.P. 1927. A contribution to the theory of taxation. The Economic Journal 37(145): 47–61.

    Article  Google Scholar 

  • Samuelson, P.A. 1958. An exact consumption-loan model of interest with or without the social contrivance of money. Journal of Political Economy 66(6): 467–482.

    Article  Google Scholar 

  • Stiglitz, J.A. 1972. On the optimality of the stock market allocation of investment. Quarterly Journal of Economics 86: 25–60.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Barr, N. (2018). Diamond, Peter (Born 1940). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_3001

Download citation

Publish with us

Policies and ethics