Avinash K. Dixit
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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 to ...
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 university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...
, 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 and Sanjaya Lall Senior Visiting Research Fellow at Green Templeton College, Oxford.


Education

Dixit received a
B.Sc. A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...
from
University of Mumbai The University of Mumbai is a collegiate university, collegiate, State university (India), state-owned, Public university, public research university in Mumbai. The University of Mumbai is one of the largest universities in the world. , the un ...
(
St. Xavier's College A multitude of schools and universities have been named after St. Francis Xavier, a Spanish Roman Catholic saint and co-founder of the Society of Jesus. This page lists notable educational institutions named after St. Xavier, arranged by country a ...
) 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 r ...
, 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. A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is a ...
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 the ...
in
Economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
.


Career

Dixit is the John J. F. Sherrerd '52 University Professor of Economics at
Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...
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 and Sanjaya Lall senior visiting research fellow at Green Templeton College, Oxford. 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 the ...
, 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 u ...
, 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 f ...
and at the
University of Warwick The University of Warwick ( ; abbreviated as ''Warw.'' in post-nominal letters) is a public research university on the outskirts of Coventry between the West Midlands (county), West Midlands and Warwickshire, England. The university was founded i ...
. In 1994 Dixit received the first-ever CES Fellow Award from the Center for Economic Studies at the University of Munich. In January 2016, India conferred the Padma Vibhushan - 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 globa ...
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, rail ...
. 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, and ...
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 Nati ...
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 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 the ...
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 su ...
, 1994; ), the first textbook exclusively about the
real options Real options valuation, also often termed real options analysis,Adam Borison (Stanford University)''Real Options Analysis: Where are the Emperor's Clothes?'' (ROV or ROA) applies option valuation techniques to capital budgeting decisions.Campbe ...
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 books ...
. *1977. "Monopolistic Competition and Optimum Product Diversity", '' The American Economic Review'', vol. 67, no. 3, p. 297–308, with Joseph E. Stiglitz. * 1980. ''Theory of International Trade'', with
Victor Norman Victor Danielsen Norman (born 18 July 1946 in Risør) is a Norwegian economist, politician for the Conservative Party and newspaper columnist. He is a retired professor of economics at the Norwegian School of Economics (NHH) and former Chairman of ...
.
Cambridge University Press Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by Henry VIII of England, King Henry VIII in 1534, it is the oldest university press A university press is an academic publishing hou ...
*
976 Year 976 ( CMLXXVI) was a leap year starting on Saturday (link will display the full calendar) of the Julian calendar. Events By place Byzantine Empire * January 10 – Emperor John I Tzimiskes dies at Constantinople, after ret ...
1990. ''Optimization in Economic Theory'', 2nd ed., Oxford.
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* 1991. '' Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life'', with
Barry Nalebuff Barry J. Nalebuff (born July 11, 1958) is an American businessman, business theorist, and writer. He is a Milton Steinbach Professor of Management at Yale School of Management and author who specializes in business strategy and game theory. His pu ...
, 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 the ...
. Princeton University Press. * 1996b. ''The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures in Economics)'',
M.I.T. Press The MIT Press is a university press affiliated with the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts (United States). It was established in 1962. History The MIT Press traces its origins back to 1926 when MIT publish ...

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* 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 su ...

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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 Barry J. Nalebuff (born July 11, 1958) is an American businessman, business theorist, and writer. He is a Milton Steinbach Professor of Management at Yale School of Management and author who specializes in business strategy and game theory. His pu ...
, 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 Diction ...
'', 2nd Edition
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* 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 books ...
.


References


External links


Short biography

Curriculum 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