Avinash Kamalakar Dixit (born 6 August 1944) is an
Indian-American
Indian Americans or Indo-Americans are citizens of the United States with ancestry from India. The United States Census Bureau uses the term Asian Indian to avoid confusion with Native Americans, who have also historically been referred t ...
economist. He is the John J. F. Sherrerd '52 University Professor of Economics
Emeritus
''Emeritus'' (; female: ''emerita'') is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title ...
at
Princeton University
Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
, and has been Distinguished Adjunct Professor of Economics at
Lingnan University (Hong Kong)
Lingnan University (LN/LU), formerly called Lingnan College, is a public liberal arts university in Hong Kong. It aims to provide students with an education in the liberal arts tradition and has joined the Global Liberal Arts Alliance since ...
, senior research fellow at
Nuffield College, Oxford
Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer c ...
and
Sanjaya Lall Senior Visiting Research Fellow at
Green Templeton College, Oxford
Green Templeton College (GTC) is a constituent college of the University of Oxford in the United Kingdom. The college is located on the previous Green College site on Woodstock Road next to the Radcliffe Observatory Quarter in North Oxford an ...
.
Education
Dixit received a
B.Sc. from
University of Mumbai
The University of Mumbai is a collegiate, state-owned, public research university in Mumbai.
The University of Mumbai is one of the largest universities in the world. , the university had 711 affiliated colleges. Ratan Tata is the appointed h ...
(
St. Xavier's College) in 1963 in
Mathematics
Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics ...
and
Physics
Physics is the natural science that studies matter, its fundamental constituents, its motion and behavior through space and time, and the related entities of energy and force. "Physical science is that department of knowledge which ...
, a
B.A. from
Cambridge University
, mottoeng = Literal: From here, light and sacred draughts.
Non literal: From this place, we gain enlightenment and precious knowledge.
, established =
, other_name = The Chancellor, Masters and Schola ...
in 1965 in Mathematics (
Corpus Christi College, First Class), and a
Ph.D. in 1968 from the
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of th ...
in
Economics
Economics () is the social 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 anal ...
.
Career
Dixit is the John J. F. Sherrerd '52 University Professor of Economics at
Princeton University
Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
since July 1989, and Emeritus since 2010. He was also Distinguished Adjunct Professor of Economics at
Lingnan University (Hong Kong)
Lingnan University (LN/LU), formerly called Lingnan College, is a public liberal arts university in Hong Kong. It aims to provide students with an education in the liberal arts tradition and has joined the Global Liberal Arts Alliance since ...
, senior research fellow at
Nuffield College, Oxford
Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer c ...
and
Sanjaya Lall senior visiting research fellow at
Green Templeton College, Oxford
Green Templeton College (GTC) is a constituent college of the University of Oxford in the United Kingdom. The college is located on the previous Green College site on Woodstock Road next to the Radcliffe Observatory Quarter in North Oxford an ...
. He previously taught at
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of th ...
, at the
University of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant un ...
, at
Balliol College, Oxford
Balliol College () is one of the constituent colleges of the University of Oxford in England. One of Oxford's oldest colleges, it was founded around 1263 by John I de Balliol, a landowner from Barnard Castle in County Durham, who provided the ...
and at the
University of Warwick
, mottoeng = Mind moves matter
, established =
, type = Public research university
, endowment = £7.0 million (2021)
, budget = £698.2 million (2020 ...
. In 1994 Dixit received the first-ever CES Fellow Award from the
Center for Economic Studies
The Center for Economic Studies (CES) is an independent institute within the Faculty of Economics of the University of Munich (LMU).
It promotes the international exchange of knowledge and ideas in public finance and other areas of economics. CES ...
at the
University of Munich
The Ludwig Maximilian University of Munich (simply University of Munich or LMU; german: Ludwig-Maximilians-Universität München) is a public research university in Munich, Germany. It is Germany's sixth-oldest university in continuous operatio ...
. In January 2016, India conferred the
Padma Vibhushan
The Padma Vibhushan ("Lotus Decoration") is the second-highest civilian award of the Republic of India, after the Bharat Ratna. Instituted on 2 January 1954, the award is given for "exceptional and distinguished service". All persons without ...
- the second highest of India's civilian honors to Dr. Dixit.
Dixit has also held visiting scholar positions at the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
and the
Russell Sage Foundation
The Russell Sage Foundation is an American non-profit organisation established by Margaret Olivia Sage in 1907 for “the improvement of social and living conditions in the United States.” It was named after her recently deceased husband, rai ...
. He was President of the
Econometric Society
The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
in 2001, and was Vice-President (2002) and President (2008) of the
American Economic Association
The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members.
History and Constitution
The AEA was esta ...
. He was elected to the
American Academy of Arts and Sciences
The American Academy of Arts and Sciences (abbreviation: AAA&S) 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, a ...
in 1992, the
National Academy of Sciences
The National Academy of Sciences (NAS) is a United States nonprofit, non-governmental organization. NAS is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy of Engineering (NAE) and the Nat ...
in 2005, and the
American Philosophical Society
The American Philosophical Society (APS), founded in 1743 in Philadelphia, is a scholarly organization that promotes knowledge in the sciences and humanities through research, professional meetings, publications, library resources, and communit ...
in 2010. He has also been on the Social Sciences jury for the
Infosys Prize
The Infosys Prize is an annual award given to scientists, researchers, engineers and social scientists of Indian origin (not necessarily born in India) by the Infosys Science Foundation and ranks among the highest monetary awards in India to r ...
from 2011.
With
Robert Pindyck
Robert Stephen Pindyck ( ; born January 5, 1945) is an American economist, Bank of Tokyo-Mitsubishi Professor of Economics and Finance at Sloan School of Management at Massachusetts Institute of Technology. He is also a research associate with t ...
he is author of "Investment Under Uncertainty" (
Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large.
The press was founded by Whitney Darrow, with the financial ...
, 1994; ), the first textbook exclusively about the
real options approach to investments, and described as "a born-classic
in view of its importance to the theory.
Selected publications
* 1976. ''The Theory of Equilibrium Growth''.
Oxford University Press
Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print book ...
.
*1977. "Monopolistic Competition and Optimum Product Diversity", ''
The American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of eco ...
'', vol. 67, no. 3, p. 297–308, with
Joseph E. Stiglitz.
* 1980. ''Theory of International Trade'', with
Victor Norman.
Cambridge University Press
Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by King Henry VIII in 1534, it is the oldest university press in the world. It is also the King's Printer.
Cambridge University Pr ...
*
9761990. ''Optimization in Economic Theory'', 2nd ed., Oxford.
Descriptionand content
preview
* 1991. ''
Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life'', with
Barry Nalebuff, New York: W.W. Norton.
* 1993. ''The Art of Smooth Pasting'', Vol. 55 of series Fundamentals of Pure and Applied Economics, eds. Jacques Lesourne and Hugo Sonnenschein. Reading, UK: Harwood Academic Publishers.
* 1996a.''Investment Under Uncertainty'', co-authored by
Robert Pindyck
Robert Stephen Pindyck ( ; born January 5, 1945) is an American economist, Bank of Tokyo-Mitsubishi Professor of Economics and Finance at Sloan School of Management at Massachusetts Institute of Technology. He is also a research associate with t ...
. Princeton University Press.
* 1996b. ''The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures in Economics)'',
M.I.T. PressDescription
* 2004. ''Lawlessness and Economics: Alternative Modes of Governance]'', Gorman Lectures in Economics, University College London,
Princeton University Press
Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large.
The press was founded by Whitney Darrow, with the financial ...
Descriptionand ch. 1
Economics With and Without the Law
* 2008a. ''The Art of Strategy: A Game-Theorist's Guide to Success in Business and Life'' with
Barry Nalebuff, New York: W. W. Norton.
* 2008b. "economic governance," in ''
The New Palgrave Dictionary of Economics
''The New Palgrave Dictionary of Economics'' (2018), 3rd ed., is a twenty-volume reference work on economics published by Palgrave Macmillan. It contains around 3,000 entries, including many classic essays from the original Inglis Palgrave Dictio ...
'', 2nd Edition
Abstract
* 2009.
Games of Strategy', with
Susan Skeath, New York: W. W. Norton, 1999, 5th edition 2020.
* 2014. ''Microeconomics: A Very Short Introduction'',
Oxford University Press
Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print book ...
.
References
External links
Short biographyCurriculum vitae*
*
{{DEFAULTSORT:Dixit, Avinash
1944 births
Living people
Indian emigrants to the United States
Academics of the University of Warwick
21st-century American economists
Fellows of the Econometric Society
American male writers of Indian descent
MIT School of Humanities, Arts, and Social Sciences alumni
Members of the United States National Academy of Sciences
Princeton University faculty
Fellows of Balliol College, Oxford
Fellows of Nuffield College, Oxford
St. Xavier's College, Mumbai alumni
Presidents of the Econometric Society
20th-century American non-fiction writers
21st-century American non-fiction writers
20th-century Indian economists
Trade economists
21st-century Indian economists
Financial economists
Real options
American academics of Indian descent
Recipients of the Padma Vibhushan in literature & education
Presidents of the American Economic Association
Writers from Mumbai
20th-century American male writers
Distinguished Fellows of the American Economic Association
American male non-fiction writers
Scientists from Mumbai
Nancy L. Schwartz Memorial Lecture speakers
Corresponding Fellows of the British Academy
21st-century American male writers
Indian economists
American people of Indian descent