Who are you looking for?

Install Famoose

Keep Famoose on your home screen or desktop for easy access.

Open this site in Chrome or Edge and look for Install app in the browser menu or address bar. If no install option appears, you can bookmark Famoose instead.

Famoose.co
Appearance
Text size
Page width
Colour
Discover›Business
Contents
William Vickrey
Economist

William Vickrey

Famoose for

Auction theory and pricing crowded roads and public services.

Counterspeculation, Auctions, and Competitive Sealed Tenders · Transport pricing

Born
21 June 1914
Birthplace
Victoria
Died
11 October 1996

More people

Mark ZuckerbergCo-founding Facebook.John Maynard KeynesExplaining how weak spending can keep an economy in a slump.Steve JobsCo-founding Apple and leading the launch of the iPhone.

William Vickrey

Canadian-American economist at Columbia whose theoretical work addressed practical policy problems. He shared the 1996 economics Nobel for research on incentives under unequal information.

Early life

Mathematics and economics

Moved from Victoria to New York as a child. Studied mathematics at Yale and completed postgraduate economics at Columbia.

Career

  1. 1948

    Doctorate

    Completed research on progressive taxation.

  2. 1961

    Auction analysis

    Published a foundational study of sealed bidding.

  3. 1996

    Nobel recognition

    Shared the economics prize with James Mirrlees.

Selected work

Counterspeculation, Auctions, and Competitive Sealed Tenders

Analysed incentives in auction rules.

Transport pricing

Developed arguments for congestion-sensitive charges.

Beyond work

Personal life

Married Cecile Thompson in 1951. He was a Quaker and belonged to Scarsdale Friends Meeting.

Sources & photo creditBiography and career ↗Biographical references ↗

Original photograph. Cropped and displayed in monochrome.

Photo: not known. Source credit retained; reuse licence not established · Original image. Cropped and displayed in monochrome.