Jean-Jacques Laffont
Jean-Jacques Laffont | |
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| Born | April 13, 1947 Yrjö Jahnsson Award (1993) |
| Information at IDEAS / RePEc | |
Jean-Jacques Marcel Laffont (April 13, 1947 – May 1, 2004) was a French
ENSAE) in Paris, he was awarded PhD in economics by Harvard University
in 1975.
Laffont taught at the
Contribution to economics
Laffont made pioneering contributions in
imperfect information, incentives, and regulation. His 1993 book A Theory of Incentives in Procurement and Regulation, written with Jean Tirole
, is a fundamental reference in the economics of the public sector and the theory of regulation. In 2002, he published (with David Martimort) The Theory of Incentives: the Principal-Agent Model, a treatise on the economics of information and incentives. His last book, Regulation and Development, discussed policies for improving the economies of less developed countries.
Death
Jean-Jacques Laffont was diagnosed with cancer in autumn 2002 and died of the disease at his home in Colomiers in the Haute Garonne region of southern France on May 1, 2004. He was survived by his wife, Colette; his daughters Cécile, Bénédicte and Charlotte; and his son, Bertrand.
Awards and honors
- Wells Prize, awarded biannually by Harvard University to the best Ph.D. thesis in economics (1975);
- CNRS Silver Medal (1990);
- Scientific Prize of the UAP (1991);
- Honorary Member of the American Economic Association (1991);
- Senior member of the Institut Universitaire de France, which honors the best research professors in France in all disciplines (1991–2001);
- Foreign Honorary Member of the American Academy of Arts and Sciences (1993);
- Best economist of the year award from the Nouvel Economiste magazine (1993);
- (with Yrjö Jahnsson Award from the Yrjö Jahnsson Foundation and the European Economic Association, awarded biennially to the best European economist under the age of 45 (1993);
- Member of the Economic Advisory Council of the Prime Minister of France (1997);
- Honorary doctorate from the University of Lausanne (1998);
- Officer of the French Legion of Honor.
Selected publications
Books
- Laffont, Jean-Jacques (1979). Aggregation and revelation of preferences. Amsterdam New York New York: North-Holland Publishing Co. sole distributors for the U.S.A. and Canada, Elsevier North-Holland. ISBN 9780444853264.
- Laffont, Jean-Jacques (1988). Fundamentals of Public Economics. Cambridge, Massachusetts: MIT Press. ISBN 9780262121279.
- Laffont, Jean-Jacques; ISBN 9780262121743.
- Laffont, Jean-Jacques (2000). Incentives and Political Economy (Clarendon Lectures in Economics). Oxford, UK New York: Oxford University Press. ISBN 9780198294245.
- Laffont, Jean-Jacques; Martimort, David (2002). The theory of incentives: the principal-agent model. Princeton, New Jersey: Princeton University Press. ISBN 9780691091846.
- Laffont, Jean-Jacques (2005). Regulation and development. Cambridge, UK New York: Cambridge University Press. ISBN 9780521549486.
Chapters in books
- Laffont, Jean-Jacques (2008), ""externalities" (definition)", in
References
- ^ Martin, Douglas (14 May 2004). "Jean-Jacques Laffont, Economist, Dies at 57". The New York Times. Retrieved 4 March 2015.
- ^ Treanor, Jill (13 October 2014). "Jean Tirole wins Nobel prize for economics 2014". The Guardian. Retrieved 4 March 2015.
- ^ "It's complicated. Jean Tirole has won the Nobel prize in economics for his work on competition". The Economist. 18 October 2014. Retrieved 4 March 2015.
External links
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