Bankarstvo (Jan 2016)
Make the world a better place through economic research
Abstract
Jean Tirole, born in France in 1953, winner of the Nobel Prize in Economics for 2014, works as a Professor at the University of Toulouse with two doctorates defended at the University of Paris and the Massachusetts Institute of Technology - MIT on the topic of mathematics in economic decision-making. Moreover, he holds an honorary PhD degree from the Free University in Brussels and the universities in Montreal and Manheim. According to the official statement of the Swedish Royal Academy, he was awarded the Nobel Prize for his significant theoretical research in various economic fields, but, above all, for clarifying how to understand and regulate industries with a few powerful firms. In his fruitful research activities, he managed to determine the method for calculating the optimal prices for regulating natural monopolies. He has authored over 100 papers in economics and finance, and six books, including, among others, The Theory of Industrial Organization (1988), Game Theory (1991), and Competition in Telecommunications (1999). His research focuses on industrial economy, corporate finance, international economy and relationship between economy and psychology.
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