Re: 2001 Economic Nobelists

2001-10-10 Thread Fred Foldvary

> Stiglitz would have liked to get the prize for the Modigliani-Miller
> theorem but that one was already taken.
> Alex

Stiglitz also helped develop the "Henry-George Theorem".

Joseph Stiglitz, 1977, "The Theory of Local Public Goods,"
in Economics of Public Services.

Fred Foldvary 

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RE: 2001 Economic Nobelists

2001-10-10 Thread Bill Dickens

The same holds for the shared prize when the CAP-M/Portfolio gang won in
91[?] Sharpe, Markowitz & forgot the other recipient, but I know his dad is
a world class sociologist.
Bill in FL

-Original Message-
From: fabio guillermo rojas [mailto:[EMAIL PROTECTED]]
Sent: Wednesday, October 10, 2001 3:58 PM
To: [EMAIL PROTECTED]
Subject: Re: 2001 Economic Nobelists



I've read that the Academy tends to clump together Nobelists
by topic - "the game theory year" of Selten, HArsanyi and Nash, for 
example. Maybe somebody would take it personally, but they shoudln't.

Fabio 

On Wed, 10 Oct 2001, Bryan Caplan wrote:

> In a way, isn't dividing the prize 3 ways a slap in the face to Akerlof
> and Stiglitz?  Stiglitz in particular, I suspect, would have preferred
> not to have won this year in the hope of getting an unshared prize.
> -- 
> Prof. Bryan Caplan
>Department of Economics  George Mason University
> http://www.bcaplan.com  [EMAIL PROTECTED]
> 
>   "Familiar as the voice of the mind is to each, the highest merit we 
>ascribe to Moses, Plato, and Milton is, that they set at naught 
>books and traditions, and spoke not what men but what *they* 
>thought. A man should learn to detect and watch that gleam of 
>light which flashes across his mind from within, more than the 
>lustre of the firmament of bards and sages." 
> --Ralph Waldo Emerson, "Self-Reliance"
> 



RE: 2001 Economic Nobelists

2001-10-10 Thread Bill Dickens

Not that reply by my name sake is quite Woody Allenesque.  Who said
economists don't have a sense of humor?

-Original Message-
From: William Dickens [mailto:[EMAIL PROTECTED]]
Sent: Wednesday, October 10, 2001 3:34 PM
To: [EMAIL PROTECTED]
Subject: Re: 2001 Economic Nobelists


Bryan,
U. A Nobel prize is a slap in the face? I'd certainly turn the other
cheek!
- - Bill

William T. Dickens
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036
Phone: (202) 797-6113
FAX: (202) 797-6181
E-MAIL: [EMAIL PROTECTED]
AOL IM: wtdickens

>>> [EMAIL PROTECTED] 10/10/01 03:03PM >>>
In a way, isn't dividing the prize 3 ways a slap in the face to Akerlof
and Stiglitz?  Stiglitz in particular, I suspect, would have preferred
not to have won this year in the hope of getting an unshared prize.
-- 
Prof. Bryan Caplan
   Department of Economics  George Mason University
http://www.bcaplan.com  [EMAIL PROTECTED] 

  "Familiar as the voice of the mind is to each, the highest merit we 
   ascribe to Moses, Plato, and Milton is, that they set at naught 
   books and traditions, and spoke not what men but what *they* 
   thought. A man should learn to detect and watch that gleam of 
   light which flashes across his mind from within, more than the 
   lustre of the firmament of bards and sages." 
--Ralph Waldo Emerson, "Self-Reliance"



Re: 2001 Economic Nobelists

2001-10-10 Thread fabio guillermo rojas


I've read that the Academy tends to clump together Nobelists
by topic - "the game theory year" of Selten, HArsanyi and Nash, for 
example. Maybe somebody would take it personally, but they shoudln't.

Fabio 

On Wed, 10 Oct 2001, Bryan Caplan wrote:

> In a way, isn't dividing the prize 3 ways a slap in the face to Akerlof
> and Stiglitz?  Stiglitz in particular, I suspect, would have preferred
> not to have won this year in the hope of getting an unshared prize.
> -- 
> Prof. Bryan Caplan
>Department of Economics  George Mason University
> http://www.bcaplan.com  [EMAIL PROTECTED]
> 
>   "Familiar as the voice of the mind is to each, the highest merit we 
>ascribe to Moses, Plato, and Milton is, that they set at naught 
>books and traditions, and spoke not what men but what *they* 
>thought. A man should learn to detect and watch that gleam of 
>light which flashes across his mind from within, more than the 
>lustre of the firmament of bards and sages." 
> --Ralph Waldo Emerson, "Self-Reliance"
> 




Re: 2001 Economic Nobelists

2001-10-10 Thread William Dickens

Bryan,
U. A Nobel prize is a slap in the face? I'd certainly turn the other cheek!
- - Bill

William T. Dickens
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036
Phone: (202) 797-6113
FAX: (202) 797-6181
E-MAIL: [EMAIL PROTECTED]
AOL IM: wtdickens

>>> [EMAIL PROTECTED] 10/10/01 03:03PM >>>
In a way, isn't dividing the prize 3 ways a slap in the face to Akerlof
and Stiglitz?  Stiglitz in particular, I suspect, would have preferred
not to have won this year in the hope of getting an unshared prize.
-- 
Prof. Bryan Caplan
   Department of Economics  George Mason University
http://www.bcaplan.com  [EMAIL PROTECTED] 

  "Familiar as the voice of the mind is to each, the highest merit we 
   ascribe to Moses, Plato, and Milton is, that they set at naught 
   books and traditions, and spoke not what men but what *they* 
   thought. A man should learn to detect and watch that gleam of 
   light which flashes across his mind from within, more than the 
   lustre of the firmament of bards and sages." 
--Ralph Waldo Emerson, "Self-Reliance"




Re: 2001 Economic Nobelists

2001-10-10 Thread Alex Tabarrok

Stiglitz would have liked to get the prize for the Modigliani-Miller
theorem but that one was already taken.

Alex
-- 
Dr. Alexander Tabarrok
Vice President and Director of Research
The Independent Institute
100 Swan Way
Oakland, CA, 94621-1428
Tel. 510-632-1366, FAX: 510-568-6040
Email: [EMAIL PROTECTED]



Re: 2001 Economic Nobelists

2001-10-10 Thread Bryan Caplan

In a way, isn't dividing the prize 3 ways a slap in the face to Akerlof
and Stiglitz?  Stiglitz in particular, I suspect, would have preferred
not to have won this year in the hope of getting an unshared prize.
-- 
Prof. Bryan Caplan
   Department of Economics  George Mason University
http://www.bcaplan.com  [EMAIL PROTECTED]

  "Familiar as the voice of the mind is to each, the highest merit we 
   ascribe to Moses, Plato, and Milton is, that they set at naught 
   books and traditions, and spoke not what men but what *they* 
   thought. A man should learn to detect and watch that gleam of 
   light which flashes across his mind from within, more than the 
   lustre of the firmament of bards and sages." 
--Ralph Waldo Emerson, "Self-Reliance"



2001 Economic Nobelists

2001-10-10 Thread Bill Dickens

Hmm..seems like I recall someone "predicting" Janet Yellen not her
husband as the odds-on favorite to win this year :-)
Bill Dickens [FL-based]

-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]
Sent: Thursday, October 11, 2001 3:47 AM
To: [EMAIL PROTECTED]
Subject: 


well, it seems like ackerlof won!
and joe stiglitz! - a good choice.