For which of his analysis was Deaton awarded the Nobel Prize?
Stock Market Trends
Game Theory
Consumption, Poverty, Welfare
International Trade
Answer
Deaton was awarded the Nobel Prize for his analysis of consumption, poverty, and welfare. His research has helped to improve our understanding of how people make decisions about spending and saving, and how these decisions are affected by poverty and other economic factors.
The Deaton Dilemma: Test Your Knowledge on Angus Deaton, the British Microeconomist