Daniel McFadden
Daniel McFadden | |
|---|---|
 | |
| Born | July 29, 1937 Raleigh, North Carolina, U.S. |
| Nationality | United States |
| Alma mater | University of Minnesota |
| Known for | Discrete choice |
| Awards | John Bates Clark Medal (1975) Frisch Medal (1986) Erwin Plein Nemmers Prize in Economics (2000) Nobel Memorial Prize in Economic Sciences (2000) |
| Scientific career | |
| Fields | Econometrics |
| Institutions | University of California, Berkeley, MIT, University of Southern California |
| Doctoral advisor | Leonid Hurwicz |
| Doctoral students |
|
Daniel Little McFadden (born July 29, 1937) is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice".[1] He is the Presidential Professor of Health Economics at the University of Southern California and Professor of the Graduate School at University of California, Berkeley.
Early life and education[]
McFadden was born on July 29, 1937 in Raleigh, North Carolina. He attended the University of Minnesota, where he received a B.S. in Physics, and a Ph.D. in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz, who was awarded the Economics Nobel Prize in 2007.[2]
Career[]
In 1964 McFadden joined the faculty of UC Berkeley, focusing his research on choice behavior and the problem of linking economic theory and measurement. In 1974 he introduced Conditional logit analysis.[3]
In 1975 McFadden won the John Bates Clark Medal. In 1977 he moved to the Massachusetts Institute of Technology. In 1981 he was elected to the National Academy of Sciences.
He returned to Berkeley in 1991, founding the Econometrics Laboratory, which is devoted to statistical computation for economics applications. He remains its director. He is a trustee of the Economists for Peace and Security. In 2000 he won the Erwin Plein Nemmers Prize in Economics and was elected to the American Philosophical Society in 2006.[4]
In January 2011 McFadden was appointed the Presidential Professor of Health Economics at the University of Southern California (USC), which entails a joint appointment in the Department of Economics and the Price School of Public Policy.[5]
See also[]
References[]
- ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2000". Nobelprize.org. Retrieved October 16, 2007.
- ^ "All Laureates in Economics". Nobelprize.org. 2007. Retrieved October 16, 2007.
- ^ McFadden, Daniel F. (1974). "Conditional Logit Analysis of Qualitative Choice Behavior" (PDF). Retrieved October 25, 2019.
- ^ "APS Member History". search.amphilsoc.org. Retrieved 2021-05-25.
- ^ "Nobel Winner, Dr. McFadden, Appointed Presidential Professor at USC". usc.edu. Archived from the original on January 15, 2011. Retrieved January 10, 2011.
External links[]
- Daniel McFadden's homepage
- Daniel McFadden on Nobelprize.org
includes the Prize Lecture 8 december 2000 Economic Choices - 2000 Nemmers Prize in Economics
- "Daniel L. McFadden (1937– )". The Concise Encyclopedia of Economics. Library of Economics and Liberty (2nd ed.). Liberty Fund. 2008.
- IDEAS/RePEc
| show 2000 Nobel Prize laureates |
|---|
| show Authority control  |
|---|
- 1937 births
- Living people
- Members of the United States National Academy of Sciences
- Econometricians
- Health economists
- Economists from North Carolina
- American Nobel laureates
- Nobel laureates in Economics
- University of Minnesota College of Science and Engineering alumni
- University of California, Berkeley faculty
- Massachusetts Institute of Technology School of Science faculty
- University of Southern California faculty
- People from Raleigh, North Carolina
- 20th-century American economists
- 21st-century American economists
- Fellows of the Econometric Society
- Presidents of the Econometric Society
- Earhart Foundation Fellows
- Presidents of the American Economic Association
- Distinguished Fellows of the American Economic Association
- National Bureau of Economic Research
- Members of the American Philosophical Society