Education: Ph.D. in Economics, Harvard University, 1972.

Current Affiliations: Philip H. Knight Professor and Dean, Emeritus, Graduate School of Business, Stanford University. Chairman, Advisory Board of Stanford Institute for Innovation in Developing Economies.

Selected Honors:

· Nobel Prize in Economics (shared with Joseph Stiglitz) for contributions to the analysis of markets with asymmetric information, 2001.
· John Bates Clark Medal, American Economic Association, 1981.
· Fellow, American Academy of Arts and Sciences, 1983.
· Fellow, Econometric Society.

· Economic Growth and Development

· Dynamic Competition

· Economics of Information