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Dale T. Mortensen
Dale Thomas Mortensen (February 2, 1939 – January 9, 2014) was an American economist, a professor at Northwestern University, and a winner of the Nobel Memorial Prize in Economic Sciences. Early life and education Mortensen was born in Enterprise, Oregon. He received his BA in economics from Willamette University in 1961 and his PhD in Economics from Carnegie Mellon University in 1967. Career Mortensen had been on the faculty of Northwestern University since 1965 and a professor of Managerial Economics and Decision Sciences at the Kellogg School of Management since 1980. He was the Niels Bohr Visiting Professor at the School of Economics and Management, Aarhus University, from 2006 to 2010. He was awarded the Nobel Memorial Prize in Economic Sciences jointly with Christopher A. Pissarides from the London School of Economics and Peter A. Diamond from the Massachusetts Institute of Technology in 2010 "for their analysis of markets with search frictions".
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Enterprise, Oregon
Enterprise is a city in Wallowa County, Oregon. Enterprise serves as Wallowa County's county seat. The population was 1,940 in the 2010 census.PSU:Population Research Center


History

Enterprise was ted in 1886, and in 1887 residents considered ''Bennett Flat,'' ''Wallowa City'', ''Franklin'', and other possibilities before voting for ''Enterprise'' during a community meeting in a tent owned by a mercantile company. The na ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ...
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Nobel Prize In Economics
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences administered by the Nobel Foundation, established in 1968 by Sveriges Riksbank (Sweden's central bank) to celebrate its 300th anniversary and in memory of Alfred Nobel. Although the Prize in Economic Sciences was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered a member of the Nobel Prize system, and is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Winners of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony. The laureates of the Prize in Economic Sciences are selected by the Royal Swedish Academy of Sciences, which ...
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American Academy Of Arts And Sciences
The American Academy of Arts and Sciences (The Academy) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and other Founding Fathers of the United States. It is headquartered in Cambridge, Massachusetts. Membership in the academy is achieved through a nominating petition, review, and election process. The academy's quarterly journal, '' Dædalus'', is published by the MIT Press on behalf of the academy, and has been open-access since January 2021. The academy also conducts multidisciplinary public policy research. Laurie L. Patton has served as President of the Academy since January 2025. History The Academy was established by the Massachusetts legislature on May 4, 1780, charted in order "to cultivate every art and science which may tend to advance the interest, honor, dignity, and happiness of a free, independent, and virtuous people." The sixty-tw ...
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Fellows Of The Econometric Society
In the scientific discipline of economics, the Econometric Society is a learned society devoted to the advancement of economics by using mathematical and statistical methods. This article is a list of its (current and in memory) fellows. Fellows 1933 * Luigi Amoroso * Oskar N. Anderson * * * A. L. Bowley * Clément Colson * Gustavo Del Vecchio * François Divisia * Griffith C. Evans * Irving Fisher * Ragnar Frisch * Corrado Gini * Gottfried Haberler * Harold Hotelling * John M. Keynes * N. D. Kondratiev * Wesley C. Mitchell * H. L. Moore * Umberto Ricci * Charles F. Roos * M. Jacques Rueff * * Henry Schultz * Joseph A. Schumpeter * J. Tinbergen * Felice Vinci * Edwin B. Wilson * * Frederik Zeuthen 1935 * R. G. D. Allen * Costantino Bresciani Turroni * Mordecai Ezekiel * J. Marschak 1937 * Alfred Cowles 3rd * J. R. Hicks * Giorgio Mortara * René Roy * Hans Staehle 1939 * Oskar Lange * Wassily Leontief * Josiah Charles Stamp * Theod ...
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Alexander Henderson Award
The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university's campus in Pittsburgh, Pennsylvania. The school offers degrees from the undergraduate through doctoral levels, in addition to executive education programs. The Tepper School of Business, originally known as the Graduate School of Industrial Administration (GSIA), was founded in 1949 by William Larimer Mellon. In March 2004, the school received a record $55 million gift from alumnus David Tepper and was renamed the David A. Tepper School of Business. Numerous Nobel Prize-winning economists have been affiliated with the school, including alumni Dale T. Mortensen, Oliver Williamson, Edward Prescott, Finn Kydland and faculty members Herbert A. Simon, Franco Modigliani, Merton Miller, Robert Lucas, and Lars Peter Hansen. History In 1946, economist George Leland Bach was hired by the Carnegie Institute of Technology (predecessor of Carnegie Mellon University) to ...
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Legacy
Legacy or Legacies may refer to: Arts and entertainment Comics * " Batman: Legacy", a 1996 Batman storyline * '' DC Universe: Legacies'', a comic book series from DC Comics * ''Legacy'', a 1999 quarterly series from Antarctic Press * ''Legacy'', a 2003–2005 series released by Dabel Brothers Productions * Legacy, an alternate name for the DC supervillain Wizard * Legacy (Marvel Comics), an alias used by Genis-Vell, better known as Captain Marvel * Marvel Legacy, a comic book line introduced in 2017 * '' Star Wars: Legacy'', a 2006 series from Dark Horse * '' X-Men: Legacy'', a 1991 series from Marvel Comics * Legacy Virus, a fictional virus from the Marvel Universe Film * ''Legacy'', a 1975 American film starring Joan Hotchkis * '' Legacy: A Mormon Journey'', a 1990 film produced by The Church of Jesus Christ of Latter-day Saints * ''Legacy'' (1998 film), an American film starring David Hasselhoff * ''Legacy'' (2000 film), an American documentary film * ''Legacy'' (20 ...
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Review Of Economic Dynamics
The ''Review of Economic Dynamics'' is a quarterly peer-reviewed academic journal published by Elsevier on behalf of the Society for Economic Dynamics. It covers dynamic models from all areas of economics. The editor-in-chief is Matthias Doepke (Northwestern University). Abstracting and indexing The journal is abstracted and indexed in RePEc, Scopus, Social Sciences Citation Index, and Current Contents/Social & Behavioral Sciences. According to the ''Journal Citation Reports'', the journal has a 2013 impact factor of 1.746. See also *List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *''Affilia'' *''Af ... References External links * Economics journals Elsevier academic journals Quarterly journals English-language journals Academic journals established in 1996
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Unemployment Types
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technology, technologies and inventions * Policy, policies of the government * regulation and market (economics), market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetar ...
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Search And Matching Theory
In economics, search and matching theory is a mathematical framework attempting to describe the formation of mutually beneficial relationships over time. It is closely related to stable matching theory. Search and matching theory has been especially influential in labor economics, where it has been used to describe the formation of new jobs. Search and matching theory evolved from an earlier framework called 'search theory'. Where search theory studies the microeconomic decision of an individual searcher, search and matching theory studies the macroeconomic outcome when one or more types of searchers interact. It offers a way of modeling markets in which frictions prevent instantaneous adjustments of the level of economic activity. Among other applications, it has been used as a framework for studying frictional unemployment. One of the founders of search and matching theory is Dale T. Mortensen of Northwestern University. A textbook treatment of the matching approach to labor ...
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Economic Theory
Economics () is a behavioral science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as basic elements within economies, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and investment expenditure interact; and the factors of production affecting them, such as: labour, capital, land, and enterprise, inflation, economic growth, and public policies that impact these elements. It also seeks to analyse and describe the global economy. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advo ...
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Macroeconomics
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (economics), output/Gross domestic product, GDP (gross domestic product) and national income, unemployment (including Unemployment#Measurement, unemployment rates), price index, price indices and inflation, Consumption (economics), consumption, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or ...
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