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Intellectuals & Academics » Economists » WILLIAM VICKREY

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Full name : William Vickrey
Alias : William Vickrey
Gender : Men
Country : Canada
Birthday : 21-06-1914
Address : Victoria
Animals : Tiger
Zodiac : Cancer
Died : 11-10-1996
Father :
Mother :
Siblings :
Wife : Cecile Thompson
Children :
Education : Columbia University Yale University
Position :
Activists : Economists

Renowned post Keynesian economist and Nobel Laureate William Spencer Vickrey has is a name to reckon with in the field of economics. A professor by profession, Vickrey had a strong concern for social problems and this was often reflected in his work. He indulged into extensive research in the domains of public utilities, transportation, congestion pricing, urban problems. Being a Quaker, he chose to be a conscientious objector during World War II, and volunteered to restyle the tax systems for cPuerto Rico and Japan. His Ph.D. thesis “Agenda for Progressive Taxation” serves as a sort of classic for economics even today. William Vickrey studied “asymmetric information”, where the buyer and seller have unequal information about a transaction. This theory is now popularly known as the “Vickrey Auction”. Vickrey was far from being the stifling academician. He was more practical and insightful, he roller-skated between buildings on the Columbia University and he would pretend to fall asleep during college lectures and interrupt to ask the most intelligent questions. A detailed sketch of William Vickreys personal and professional life is outlined below.

 

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