This is a beta version of NNDB
Search: for

A. Michael Spence

AKA A Michael Spence

Born: 7-Nov-1943
Birthplace: Montclair, NJ

Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Economist

Nationality: United States
Executive summary: Asymmetric markets

For their work advancing the theory of markets with asymmetric information, economists A. Michael Spence, George A. Akerlof, and Joseph Stiglitz shared the Nobel Prize in Economics in 2001. Spence, a dual citizen of Canada and the United States, was 26 when he did his prize-winning work, 31 when it was published in book form, and 58 when he was recognized with the Nobel Prize in Economics. At Harvard his students included Bill Gates and Steve Ballmer.

Brother: Randall Spence (b. 1944)
Brother: Allan Spence (b. 1953)
Wife: Ann Bennett Spence (m. 1968, sep. 1991, div. 1995, three children)
Son: Graham Spence (b. 1979)
Daughter: Catherine Spence (b. 1982)
Daughter: Marya Spence (b. 1985)
Wife: Monica Cappuccini (dated 1993-97, m. 1997)

    High School: University of Toronto Schools, Toronto, Ontario (1962)
    University: BS, Princeton University (1966)
    University: MS Mathematics, Oxford University (1968)
    University: PhD Economics, Harvard University (1972)
    Scholar: Economics, Stanford University (1972-75)
    Professor: Economics, Harvard University (1975-90)
    Administrator: Dean of Arts and Sciences, Harvard University (1984-90)
    Professor: Economics, Stanford University (1990-)
    Administrator: Dean of Buisness, Stanford University (1990-99)

    Rhodes Scholarship 1966
    John Bates Clark Medal 1982
    Nobel Prize for Economics 2001 (with George A. Akerlof and Joseph Stiglitz)
    American Academy of Arts and Sciences
    American Economic Association
    Econometric Society
    Hoover Institution Senior Fellow
    National Science Foundation
    Alfred P. Sloan Foundation Economics Advisory Committee (1979)
    Oak Hill Capital Partners (1999-)
    Member of the Board of General Mills (1992-)
    Member of the Board of Exult
    Member of the Board of Nike
    Member of the Board of Siebel Systems
    Canadian Ancestry

Author of books:
Market Signaling: Informational Transfer in Hiring and Related Screening Processes (1974)
Competition in the Investment Banking Industry (1983, with Samuel L. Hayes III and David Van Praag Marks)
International Competitiveness (1988, with Heather A. Hazard)

Create a map starting with A. Michael Spence
Requires Flash 7+ and Javascript.

Do you know something we don't?
Submit a correction or make a comment about this profile

Copyright ©2019 Soylent Communications