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Peter Hammond | |
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Born | 9 May 1945 |
Institution | Stanford University |
Field | Economic theory |
Alma mater | Trinity Hall, Cambridge |
Doctoral advisor | James Mirrlees [1] |
Peter Jackson Hammond (born 9 May 1945), [2] is a Professor of Economics and a Research Associate for CAGE (Centre for Competitive Advantage in the Global Economy) at the University of Warwick. In the past he has also worked as the Marie Curie Professor of Economic Theory at the University of Warwick [3] and an Emeritus Professor of Economics at Stanford University. [4] He has made numerous significant contributions to the advancement of Economic Theory.
His undergraduate study was in Mathematics at the University of Cambridge (Trinity Hall) from 1964–1967. [5] He continued at Cambridge as a Research Student in Economics at the Faculty of Economics and Politics (1967–1969) and went on to earn a PhD in Economics there in 1974.
During his career, he has held numerous positions, he was a professor of economics at Stanford University from 1979–2007 (Emeritus from April 2007). He has held positions at the London School of Economics, Nuffield College, Oxford, Princeton University, the University of Essex, Australian National University, University of Bonn, University of Bristol, University of Kiel, the National University of Singapore and the Hebrew University of Jerusalem to name some. [3]
He has been the recipient of various honours and awards. He was elected to a fellowship of the Econometric Society in 1977 and held a Guggenheim Fellowship from 1987–88. [3] He is also a Fellow of the British Academy. [6]
He was awarded Honorary Doctorates in Economics and Social Sciences from the University of Kiel and in Philosophy from the University of Oslo.
Amartya Kumar Sen is an Indian economist and philosopher, who since 1972 has taught and worked in the United Kingdom and the United States. Sen has made contributions to welfare economics, social choice theory, economic and social justice, economic theories of famines, decision theory, development economics, public health, and measures of well-being of countries.
Henry Sidgwick was an English utilitarian philosopher and economist. He was the Knightbridge Professor of Moral Philosophy at the University of Cambridge from 1883 until his death, and is best known in philosophy for his utilitarian treatise The Methods of Ethics. He was one of the founders and first president of the Society for Psychical Research and a member of the Metaphysical Society and promoted the higher education of women. His work in economics has also had a lasting influence. In 1875 he co-founded Newnham College, a women-only constituent college of the University of Cambridge. It was the second Cambridge college to admit women, after Girton College. Newnham College's co-founder was Millicent Garrett Fawcett. In 1856 Sidgwick joined the Cambridge Apostles intellectual secret society.
In philosophical ethics, welfarism is a form of consequentialism. Like all forms of consequentialism, welfarism is based on the premise that actions, policies, and/or rules should be evaluated on the basis of their consequences. Welfarism is the view that the morally significant consequences are impacts on human welfare. There are many different understandings of human welfare, but the term "welfarism" is usually associated with the economic conception of welfare. Economists usually think of individual welfare in terms of utility functions, a perspective in which social welfare can be conceived as an aggregation of individual utilities or utility functions.
John Jamieson Carswell "Jack" Smart, usually cited as J. J. C. Smart, was a British-Australian philosopher and was appointed as an Emeritus Professor by the Australian National University. He worked in the fields of metaphysics, philosophy of science, philosophy of mind, philosophy of religion, and political philosophy. He wrote multiple entries for the Stanford Encyclopedia of Philosophy.
Sir James Alexander Mirrlees was a British economist and winner of the 1996 Nobel Memorial Prize in Economic Sciences. He was knighted in the 1997 Birthday Honours.
Philosophy and economics, also philosophy of economics, studies topics such as rational choice, the appraisal of economic outcomes, institutions and processes, the status of highly idealized economic models, the ontology of economic phenomena and the possibilities of acquiring knowledge of them.
Social choice theory or social choice is a theoretical framework for analysis of combining individual opinions, preferences, interests, or welfares to reach a collective decision or social welfare in some sense. A non-theoretical example of a collective decision is enacting a law or set of laws under a constitution. Social choice theory dates from Condorcet's formulation of the voting paradox. Kenneth Arrow's Social Choice and Individual Values (1951) and Arrow's impossibility theorem in it are generally acknowledged as the basis of the modern social choice theory. In addition to Arrow's theorem and the voting paradox, the Gibbard–Satterthwaite theorem, the Condorcet jury theorem, the median voter theorem, and May's theorem are among the more well known results from social choice theory.
Sir Partha Sarathi Dasgupta, FRS, FBA, is an Indian-British economist who is the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge, United Kingdom; Fellow of St John's College, Cambridge, and Visiting Professor at the New College of the Humanities, London.
Avinash Kamalakar Dixit is an Indian-American economist. He is the John J. F. Sherrerd '52 University Professor of Economics Emeritus at Princeton University, and has been Distinguished Adjunct Professor of Economics at Lingnan University, senior research fellow at Nuffield College, Oxford and Sanjaya Lall Senior Visiting Research Fellow at Green Templeton College, Oxford.
Emma Georgina Rothschild is a British economic historian who is a professor of History at Harvard University. She is also the director of the Joint Centre for History and Economics at Harvard University and an honorary Professor of History and Economics at the University of Cambridge. She formerly served as board member of United Nations Foundation and as a professor at the École des hautes études en sciences sociales (EHESS) in Paris.
Justice in economics is a subcategory of welfare economics. It is a "set of moral and ethical principles for building economic institutions." Economic justice aims to create opportunities for every person to have a dignified, productive and creative life that extends beyond simple economics.
Kotaro Suzumura was a Japanese economist and professor emeritus of Hitotsubashi University and Waseda University. He graduated from Hitotsubashi University in 1966. His research interests were in social choice theory and welfare economics. He was also a Fellow of the Econometric Society. He was named a Person of Cultural Merit in 2017.
Frank Horace Hahn FBA was a British economist whose work focused on general equilibrium theory, monetary theory, Keynesian economics and monetarism. A famous problem of economic theory, the conditions under which money can have a positive value in a general equilibrium, is called "Hahn's problem" after him.
Pranab Bardhan is an Indian economist who has taught and worked in the United States since 1979. He is Professor Emeritus of Economics at the University of California, Berkeley.
Duncan K. Foley is an American economist. He is the Leo Model Professor of Economics at the New School for Social Research and an External Professor at the Santa Fe Institute. Previously, he was Associate Professor of Economics at MIT and Stanford, and Professor of Economics at Columbia University. He has held visiting professorships at Woodrow Wilson School at Princeton University, UC Berkeley, and Dartmouth College, as well as the New School for Social Research.
Nicola Acocella is an Italian economist and academic, Emeritus Professor of Economic Policy since 2014.
Prasanta Kumar Pattanaik, is emeritus professor at the Department of Economics at the University of California. He is a Fellow of the Econometric Society.
Philippe Mongin was a French economist. He served as Director of the French National Centre for Scientific Research and was a professor at the HEC Paris. From 2006 to 2012, he was a member of the Economic Analysis Council under the Prime Minister of France.
Vincent P. Crawford is an American economist. He is a Senior Research Fellow at the University of Oxford, following his tenure as Drummond Professor of Political Economy from 2010 to 2020. He is also Research Professor at the University of California, San Diego.
(Peter Jackson Hammond, born 9 May 1945)