Victor D. Norman
Encyclopedia
Victor Danielsen Norman (born 18 July 1946 in Risør
) is a Norwegian economist
, politician
for the Conservative Party
and newspaper columnist
. He is currently professor of economics at the Norwegian School of Economics (NHH) and Chairman
of the Institute for Research in Economics and Business Administration
.
and his PhD from Massachusetts Institute of Technology
in 1972. Among his academic advisers were Charles P. Kindleberger
, Paul A. Samuelson and Jagdish N. Bhagwati
.
His book co-authored with Avinash K. Dixit, Theory of International Trade : A Dual, General Equilibrium Approach, ISBN 0-521-29969-1, is an application of the microeconomic principle of duality to trade theory
, which William J. Baumol has called a clear, detailed, important contribution to the academic understanding of international trade. He was appointed professor of economics at NHH in 1975.
Victor Norman served as rector
at NHH from August 1999 till October 2001. He was preceded in this position by Carl Julius Norstrøm
and succeeded by Per Ivar Gjærum
. He is a member of the Norwegian Academy of Science and Letters
.
. Among the issues he passed in his term was the removal of point accrual on frequent flyer program
s for domestic flights
.
Risør
is a city and municipality in Aust-Agder county, Norway. The city belongs to the traditional region of Sørlandet. It is a popular tourist place. The surrounding area includes many small lakes and hills, and is known for its beautiful coastline as well....
) is a Norwegian economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
for the Conservative Party
Conservative Party of Norway
The Conservative Party is a Norwegian political party. The current leader is Erna Solberg. The party was since the 1920s consistently the second largest party in Norway, but has been surpassed by the growth of the Progress Party in the late 1990s and 2000s...
and newspaper columnist
Columnist
A columnist is a journalist who writes for publication in a series, creating an article that usually offers commentary and opinions. Columns appear in newspapers, magazines and other publications, including blogs....
. He is currently professor of economics at the Norwegian School of Economics (NHH) and Chairman
Chair (official)
The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...
of the Institute for Research in Economics and Business Administration
Institute for Research in Economics and Business Administration
Institute for Research in Economics and Business Administration or SNF is a research institute that is associated with the Norwegian School of Economics and Business Administration in Bergen, Norway...
.
Academics
Victor Norman earned his bachelor's degree from Yale UniversityYale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
and his PhD from Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
in 1972. Among his academic advisers were Charles P. Kindleberger
Charles P. Kindleberger
Charles Poor "Charlie" Kindleberger was a historical economist and author of over 30 books. His 1978 book Manias, Panics, and Crashes, about speculative stock market bubbles, was reprinted in 2000 after the dot-com bubble. He is well known for hegemonic stability theory.-Life:Kindleberger was born...
, Paul A. Samuelson and Jagdish N. Bhagwati
Jagdish Bhagwati
Jagdish Natwarlal Bhagwati is an Indian-American economist and professor of economics and law at Columbia University. He is well known for his research in international trade and for his advocacy of free trade....
.
His book co-authored with Avinash K. Dixit, Theory of International Trade : A Dual, General Equilibrium Approach, ISBN 0-521-29969-1, is an application of the microeconomic principle of duality to trade theory
New Trade Theory
New Trade Theory is a collection of economic models in international trade which focuses on the role of increasing returns to scale and network effects, which were developed in the late 1970s and early 1980s....
, which William J. Baumol has called a clear, detailed, important contribution to the academic understanding of international trade. He was appointed professor of economics at NHH in 1975.
Victor Norman served as rector
Rector
The word rector has a number of different meanings; it is widely used to refer to an academic, religious or political administrator...
at NHH from August 1999 till October 2001. He was preceded in this position by Carl Julius Norstrøm
Carl Julius Norstrøm
Carl Julius Norstrøm is a Norwegian Economist who served as rector of the Norwegian School of Economics from 1995-1998.He is currently professor at NHH and is a graduate of the same institution.-References:...
and succeeded by Per Ivar Gjærum
Per Ivar Gjærum
Per Ivar Gjærum is associate professor of finance and management science at the Norwegian School of Economics . He served rector of NHH from October 2001 to August 2005. His predecessor was Victor D. Norman and he was succeeded by Jan Haaland. His specialty fields involve investment and project...
. He is a member of the Norwegian Academy of Science and Letters
Norwegian Academy of Science and Letters
The Norwegian Academy of Science and Letters is a learned society based in Oslo, Norway.-History:The University of Oslo was established in 1811. The idea of a learned society in Christiania surfaced for the first time in 1841. The city of Throndhjem had no university, but had a learned...
.
Politics
From 19 October 2001 to 8 March 2004 he served as Minister of Labour and Government Administration in the second cabinet BondevikSecond cabinet Bondevik
Bondevik's Second Cabinet governed Norway between 19 October 2001 and 17 October 2005. It was led by Kjell Magne Bondevik and consisted of the Conservative Party, the Christian Democratic Party and the Liberal Party. It had the following composition:...
. Among the issues he passed in his term was the removal of point accrual on frequent flyer program
Frequent flyer program
A frequent flyer program is a loyalty program offered by many airlines. Typically, airline customers enrolled in the program accumulate frequent flyer miles corresponding to the distance flown on that airline or its partners. There are other ways to accumulate miles...
s for domestic flights
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
.