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Michael Spence
Michael Spence is a Nobel Prize-winning economist, best known for his job-market signalling model, which was the subject of his PhD dissertation. His work demonstrated how individuals in a market with asymmetric information, such as job applicants, can use costly signals like education to convey their private information (e.g., productivity) to uninformed parties like employers. He was a co-recipient of the 2001 Nobel Memorial Prize in Economic Sciences for his analyses of markets with asymmetric information.
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Economics
Economy
The Economy 2.0 Microeconomics @ CORE Econ
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Match the economic issue with the primary analytical approach a professional who studies the economy would use to understand it.
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Economic Historians
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Michael Spence