Jean Tirole
Jean Tirole (born 9 August 1953) is a French economist who is currently a professor of economics at Toulouse 1 Capitole University. He focuses on industrial organization, game theory, banking and finance, and psychology. In particular, he focuses on the regulation of economic activity in a way that does not hinder innovation while maintaining fair rules. Tirole's work is largely theoretical and explored in mathematical models, not empirical research. In 2014, he received the Nobel Memorial Prize in Economic Sciences for his analysis of market power and regulation. Education Tirole received engineering degrees from the École Polytechnique in 1976, and from the École nationale des ponts et chaussées in 1978. He was appointed a member of the elite Corps of Bridges, Waters and Forests, later completing graduate studies at Université Paris Dauphine; he received a DEA degree in 1976, and a Doctorat de troisième cycle in decision mathematics in 1978. He received a Ph.D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Troyes
Troyes () is a Communes of France, commune and the capital of the Departments of France, department of Aube in the Grand Est region of north-central France. It is located on the Seine river about south-east of Paris. Troyes is situated within the Champagne wine region and is near the Orient Forest Regional Natural Park. Troyes had a population of 61,996 inhabitants in 2018. It is the center of the Communauté d'agglomération Troyes Champagne Métropole, which was home to 170,145 inhabitants. Troyes developed as early as the Ancient Rome, Roman era, when it was known as Augustobona Tricassium. It stood at the hub of numerous highways, primarily the Via Agrippa. The city has a rich historical past, from the Tricasses tribe to the liberation of the city on 25 August 1944 during the Second World War, including the Battle of the Catalaunian Plains, the Council of Troyes, the marriage of Henry V of England, Henry V and Catherine of Valois, Catherine of France, and the Champagne fa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Decision Theory
Decision theory or the theory of rational choice is a branch of probability theory, probability, economics, and analytic philosophy that uses expected utility and probabilities, probability to model how individuals would behave Rationality, rationally under uncertainty. It differs from the Cognitive science, cognitive and Behavioural sciences, behavioral sciences in that it is mainly Prescriptive economics, prescriptive and concerned with identifying optimal decision, optimal decisions for a rational agent, rather than Descriptive economics, describing how people actually make decisions. Despite this, the field is important to the study of real human behavior by Social science, social scientists, as it lays the foundations to Mathematical model, mathematically model and analyze individuals in fields such as sociology, economics, criminology, cognitive science, moral philosophy and political science. History The roots of decision theory lie in probability theory, developed by Blai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Doctorat
A doctorate (from Latin ''doctor'', meaning "teacher") or doctoral degree is a postgraduate academic degree awarded by universities and some other educational institutions, derived from the ancient formalism ''Licentiate (degree), licentia docendi'' ("licence to teach"). In most countries, a research degree qualifies the holder to teach at university level in the degree's field or work in a specific profession. There are a number of doctoral degrees; the most common is the Doctor of Philosophy (PhD), awarded in many different fields, ranging from the humanities to scientific disciplines. Many universities also award Honorary degree, honorary doctorates to individuals deemed worthy of special recognition, either for scholarly work or other contributions to the university or society. History Middle Ages The term ''doctor'' derives from Latin, meaning "teacher" or "instructor". The doctorate (Latin: ''doctoratus'') appeared in Middle Ages, medieval Europe as a license to teach Lati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Master Of Advanced Studies
A Master of Advanced Studies (MASt or MAS), or Master of Advanced Study, is a postgraduate degree awarded in various countries. Master of Advanced Studies programs may be non-consecutive programs tailored for "specific groups of working professionals with well-defined needs for advanced degree work" or advanced research degrees. With the exception of the several schools in the UK, advanced studies programs tend to be interdisciplinary and tend to be focused toward meeting the needs of professionals rather than academics. The Master of Advanced Studies is also often referred as Executive Master because it is aimed at working professionals (see the LSE in the UK programs for example or INSEAD and HEC programs in France) United Kingdom The University of Cambridge began offering the Master of Advanced Study in 2010 as a one-year master's degree in Mathematics as a replacement for the " Part III exam in Mathematics". Cambridge currently offers Master of Advanced Study degrees in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Corps Of Bridges, Waters And Forests (France)
The ''Corps des Ingénieurs des Ponts, des Eaux et des Forêts'' (, in English "Corps of the Engineers of Bridges, Waters and Forests") is a technical Grand Corps of the French State ( grand corps de l'État). Its members, called ''ingénieurs des ponts, des eaux et des forêts'' (nicknamed ''IPEF''), are senior civil servants and top-level engineers, mainly employed by the French Ministry of Ecological Transition and by the French Ministry of Agriculture, but they can also work for every French Ministries, public establishments, or public compagnies. Thanks to its history and its selective recruitment policy, the ''Corps des IPEF'' enjoys considerable prestige within France's senior civil services, as the '' Corps des mines'' and the '' Corps de l'armement''. Recruitment and training Most of the ''IPEF'' are recruited from École polytechnique (around 50%), where they are selected based on their final ranking, and there exist several competitive entrance exams for former studen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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École Des Ponts ParisTech
École or Ecole may refer to: * an elementary school in the French educational stages normally followed by secondary education establishments (collège and lycée) * École (river), a tributary of the Seine flowing in région ÃŽle-de-France * École, Savoie, a French commune * École-Valentin, a French commune in the Doubs département * Grandes écoles, higher education establishments in France * The École The École, formerly Ecole Internationale de New York, is an intimate and independent French-American school, which cultivates an internationally minded community of students from 2 to 14 years old in New York City’s vibrant Flatiron Distric ..., a French-American bilingual school in New York City * Ecole Software, a Japanese video-games developer/publisher {{disambiguation, geo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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École Polytechnique
(, ; also known as Polytechnique or l'X ) is a ''grande école'' located in Palaiseau, France. It specializes in science and engineering and is a founding member of the Polytechnic Institute of Paris. The school was founded in 1794 by mathematician Gaspard Monge during the French Revolution and was militarized under Napoleon I in 1804. It is still supervised by the Ministry of Armed Forces (France), French Ministry of Armed Forces. Originally located in the Latin Quarter, Paris, Latin Quarter in central Paris, the institution moved to Palaiseau in 1976, in the Paris-Saclay, Paris-Saclay technology cluster. French engineering students undergo initial military training and have the status of paid Aspirant, officer cadets. The school has also been awarding doctorates since 1985, masters since 2005 and bachelors since 2017. Most Polytechnique engineering graduates go on to become top executives in companies, senior civil servants, military officers, or researchers. List of É ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in government, typically regulation (or its plural) refers to the delegated legislation which is adopted to enforce primary legislation; including Land-use planning, land-use regulation * in economy: regulatory economics * in finance: financial regulation * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Forms Regulation in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Market Power
In economics, market power refers to the ability of a theory of the firm, firm to influence the price at which it sells a product or service by manipulating either the supply or demand of the product or service to increase economic profit. In other words, market power occurs if a firm does not face a perfectly elastic demand curve and can set its price (P) above marginal cost (MC) without losing revenue. This indicates that the magnitude of market power is associated with the gap between P and MC at a firm's profit maximising level of output. The size of the gap, which encapsulates the firm's level of market dominance, is determined by the residual demand curve's form. A steeper reverse demand indicates higher earnings and more dominance in the market. Such propensities contradict Perfect competition, perfectly competitive markets, where market participants have no market power, P = MC and firms earn zero economic profit. Market participants in perfectly competitive markets are cons ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nobel Memorial Prize In Economic Sciences
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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Psychological Economics
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory. Behavioral economics is primarily concerned with the bounds of rationality of economic agents. Behavioral models typically integrate insights from psychology, neuroscience and microeconomic theory. Behavioral economics began as a distinct field of study in the 1970s and 1980s, but can be traced back to 18th-century economists, such as Adam Smith, who deliberated how the economic behavior of individuals could be influenced by their desires. The status of behavioral economics as a subfield of economics is a fairly recent development; the breakthroughs that laid the foundation for it were published through the last three decades of the 20th century. Behavioral economics is still growing as a field, being used increasingly in rese ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |