Sir James Mirrless

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Sir James Mirrless

Nobel Memorial Winner in Economics

1996

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About Sir James Mirrless

Nobel Memorial Winner in Economics, 1996

James Mirrlees Was Edgeworth Professor of Economics in Oxford 1968-95 and Professor of Political Economy in Cambridge 1995-2003. He has been Distinguished Professor-at-Large in the Chinese University of Hong Kong since retiring from Cambridge, and is now also the Master of Morningside College in the Chinese University.

His main contributions to economics have been to the theory of public finance, the economics of uncertainty, and development economics.

In 1996 he was awarded a Nobel Memorial Prize in economics (along with William Vickrey) for contributions to the theory of incentives under asymmetric information.

The prize was given particularly for devising a theory of optimal income taxation, which allowed optimal tax rates to be calculated in realistic economic models.

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