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.
Daniel L. McFadden
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]
- Preparedness of Americans for the affordable care act – www.pnas.org [PDF]
- The economics of the local public sector – www.sciencedirect.com [PDF]
- Globalization: contents and discontents – onlinelibrary.wiley.com [PDF]
- Statistical analysis of choice experiments and surveys – link.springer.com [PDF]
