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William Vickrey
Sign in to saveAlso known as William Spencer Vickrey, William S. Vickrey
Canadian-American professor of economics and Nobel Laureate (1914-1996)
William Vickrey was a Canadian-American economics professor who won the Nobel Prize in Economics for his research on how people make decisions when they have incomplete information. His work has been influential in understanding auctions, pricing, and economic incentives in real-world situations.
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Person · Open Library
- Works
- 2
Top works
- Rationalizing transnational income taxation
- Public Economics
via Open Library + Wikidata
Listeners · Last.fm
- Listeners
- 1
- Total plays
- 1
<a href="https://www.last.fm/music/William+Vickrey">Read more on Last.fm</a>
Recent publications · Crossref
5 total works indexed
- VMD: Visual molecular dynamics
· 1996 · cited 61,508x
- Theory of the firm: Managerial behavior, agency costs and ownership structure
· 1976 · cited 43,873x
- Comparison of simple potential functions for simulating liquid water
· 1983 · cited 38,978x
- QIIME allows analysis of high-throughput community sequencing data
· 2010 · cited 30,722x
- Preparation of Graphitic Oxide
· 1958 · cited 28,525x
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Quotes
- “Market Anti-Inflation PlansIn such a context, it should be clear that balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.”
via Wikiquote · CC BY-SA
Wikidata facts
- Image
- William Vickrey.jpg
Show 3 more facts
- date of birth
- 1914-06-21
- date of death
- 1996-10-11
- name in native language
- William Spencer Vickrey
Sources (7)
via Wikidata · CC0
~8 min read
Article
William Spencer Vickrey (21 June 1914 – 11 October 1996) was a Canadian-American professor of economics. He was a lifelong faculty member at Columbia University. A theorist who worked on public economics and mechanism design, Vickrey primarily discussed public policy problems. He originated the Vickrey auction, introduced the concept of congestion pricing in networks, formalized arguments for marginal cost pricing, and contributed to optimal income taxation. James Tobin described him as "an applied economist's theorist, as well as a theorist's applied economist."
Vickrey was awarded the 1996 Nobel Memorial Prize in Economic Sciences with James Mirrlees for their research into the economic theory of incentives under asymmetric information. Vickrey never personally received the Prize; it was announced just three days prior to his death.