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Daniel L. McFadden

Definition

Daniel Little McFadden 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". 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.

What is 'Daniel L. McFadden'

An American econometrician and winner, along with James Heckman, of the 2000 Nobel Memorial Prize in Economic Sciences for his microeconometric analysis of individual and household behavior. Daniel L. McFadden has also conducted research on deviations from the economic theory of choice and the economic status of elderly Americans.

Explaining 'Daniel L. McFadden'

Born in 1937 in North Carolina, McFadden has worked as a professor of economics at the University of California at Berkeley and has also taught at Yale and the Massachusetts Institute of Technology. He has authored several books and won the John Bates Clark medal, among numerous other awards and recognitions.


Further Reading


Choosing among residential options: Results of a vignette experiment
journals.sagepub.com [PDF]
Increasingly, uses are being found for dual approaches to the consumer and the firm. 1 In consumer analysis one can use the expenditure function, which relates the minimal level of income necessary to achieve a given utility level to the vector of commodity prices. In …

Preparedness of Americans for the affordable care actPreparedness of Americans for the affordable care act
www.pnas.org [PDF]
Increasingly, uses are being found for dual approaches to the consumer and the firm. 1 In consumer analysis one can use the expenditure function, which relates the minimal level of income necessary to achieve a given utility level to the vector of commodity prices. In …

The economics of the local public sectorThe economics of the local public sector
www.sciencedirect.com [PDF]
Increasingly, uses are being found for dual approaches to the consumer and the firm. 1 In consumer analysis one can use the expenditure function, which relates the minimal level of income necessary to achieve a given utility level to the vector of commodity prices. In …

Globalization: contents and discontentsGlobalization: contents and discontents
onlinelibrary.wiley.com [PDF]
Increasingly, uses are being found for dual approaches to the consumer and the firm. 1 In consumer analysis one can use the expenditure function, which relates the minimal level of income necessary to achieve a given utility level to the vector of commodity prices. In …

Statistical analysis of choice experiments and surveysStatistical analysis of choice experiments and surveys
link.springer.com [PDF]
Increasingly, uses are being found for dual approaches to the consumer and the firm. 1 In consumer analysis one can use the expenditure function, which relates the minimal level of income necessary to achieve a given utility level to the vector of commodity prices. In …



Q&A About Daniel L. McFadden


Where was Daniel L. McFadden born?

He was born in North Carolina.

Where has he worked as a professor of economics?

He has taught at Yale, Massachusetts Institute of Technology, and University of California Berkeley.

What does a bear paw represent?

A bear paw represents a stock market crash.

What did he win the John Bates Clark medal for?

For his work on deviations from economic theory and the economic status of elderly Americans.

What are some books that he authored?

"Econometrics" (with Robert Engle), "Theory of Demand Analysis", "Microeconomic Theory", among others.

How do you access an econ common image?

You access an econ common image by clicking on it and then selecting "Get Image." This will open up another window with the image's URL address, which you can copy and paste into your document or website.

What is Daniel L. McFadden?

An American econometrician and winner of the Nobel Memorial Prize in Economic Sciences for his microeconometric analysis of individual and household behavior.

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