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Daniel McFadden

 

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Daniel McFadden



 
 
Daniel Little McFadden (born July 29, 1937) is an econometrician
Econometrics

Econometrics is concerned with the tasks of developing and applying quantitative or statistical methods to the study and elucidation of economic principles....
 who won (jointly with James Heckman
James Heckman

James Joseph Heckman is an American economist and Nobel laureate. He is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, Distinguished Chair of Microeconometrics at University College, London, and University College, Dublin....
) the 2000 Nobel Memorial Prize in Economic Sciences; McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice". He is currently the E. Morris Cox Professor of Economics at the University of California, Berkeley
University of California, Berkeley

The University of California, Berkeley is a public university research university located in Berkeley, California, California, United States. The oldest of the ten major campuses affiliated with the University of California, Berkeley offers some 300 undergraduate and graduate degree programs in a wide range of disciplines....
.

McFadden was born in Raleigh, North Carolina
Raleigh, North Carolina

Raleigh is the Capital of the state of North Carolina and the List of North Carolina county seats of Wake County, North Carolina. Raleigh is known as the ?City of Oaks? for its many oaks....
. He attended the University of Minnesota
University of Minnesota

The University of Minnesota, Twin Cities is a public university research university located in Minneapolis and St. Paul, Minnesota, Minnesota, United States....
, where he received a B.S.
Bachelor of Science

A Bachelor of Science is an bachelor's degree academic degree awarded for completed courses that generally last three to five years ....
 in Physics
Physics

Physics is the natural science which examines basic concepts such as energy, force, and spacetime and all that derives from these, such as mass, charge, matter and its Motion ....
 at age 19, and a Ph.D.
Doctor of Philosophy

Doctor of Philosophy, abbreviated Ph.D. or PhD for the Latin , meaning "teacher of philosophy", is an postgraduate academic degree awarded by University....
 in Behavioral Science (Economics) five years later (1962).






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Daniel Little McFadden (born July 29, 1937) is an econometrician
Econometrics

Econometrics is concerned with the tasks of developing and applying quantitative or statistical methods to the study and elucidation of economic principles....
 who won (jointly with James Heckman
James Heckman

James Joseph Heckman is an American economist and Nobel laureate. He is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, Distinguished Chair of Microeconometrics at University College, London, and University College, Dublin....
) the 2000 Nobel Memorial Prize in Economic Sciences; McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice". He is currently the E. Morris Cox Professor of Economics at the University of California, Berkeley
University of California, Berkeley

The University of California, Berkeley is a public university research university located in Berkeley, California, California, United States. The oldest of the ten major campuses affiliated with the University of California, Berkeley offers some 300 undergraduate and graduate degree programs in a wide range of disciplines....
.

McFadden was born in Raleigh, North Carolina
Raleigh, North Carolina

Raleigh is the Capital of the state of North Carolina and the List of North Carolina county seats of Wake County, North Carolina. Raleigh is known as the ?City of Oaks? for its many oaks....
. He attended the University of Minnesota
University of Minnesota

The University of Minnesota, Twin Cities is a public university research university located in Minneapolis and St. Paul, Minnesota, Minnesota, United States....
, where he received a B.S.
Bachelor of Science

A Bachelor of Science is an bachelor's degree academic degree awarded for completed courses that generally last three to five years ....
 in Physics
Physics

Physics is the natural science which examines basic concepts such as energy, force, and spacetime and all that derives from these, such as mass, charge, matter and its Motion ....
 at age 19, and a Ph.D.
Doctor of Philosophy

Doctor of Philosophy, abbreviated Ph.D. or PhD for the Latin , meaning "teacher of philosophy", is an postgraduate academic degree awarded by University....
 in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz
Leonid Hurwicz

Leonid "Leo" Hurwicz was an United States economist and mathematician of Poles and Jewish people descent. He originated incentive compatibility and mechanism design, which show how desired outcomes are achieved in economics, social science and political science....
, who was awarded the Economics Nobel Prize in 2007.

In 1964, McFadden joined the faculty of UC Berkeley and focused his research in areas including choice behavior and the problem of linking economic theory and measurement. He won the John Bates Clark Medal
John Bates Clark Medal

The biennial John Bates Clark Medal is awarded by the American Economic Association to "that American economics under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge"....
 in 1975 and the Erwin Plein Nemmers Prize in Economics
Erwin Plein Nemmers Prize in Economics

The Erwin Plein Nemmers Prize in Economics is awarded biennially from Northwestern University. It was initially endowed along with a companion prize, the Nemmers Prize in Mathematics....
 in 2000. He was elected to the National Academy of Sciences
United States National Academy of Sciences

The National Academy of Sciences is a corporation in the United States whose members serve pro bono as "advisers to the nation on science, engineering, and medicine."...
 in 1981. In 1977, he moved to the Massachusetts Institute of Technology
Massachusetts Institute of Technology

The Massachusetts Institute of Technology is a private university research university located in Cambridge, Massachusetts, Massachusetts, United States....
, but returned to Berkeley in 1991. After his return, McFadden founded 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.

See also

  • List of economists
    List of economists

    This is an alphabetical list of notable economists, that is, experts in the social science of economics. There is also a separate list of politicians with economics training....


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