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With whom did Heckman share the Nobel Memorial Prize in Economic Sciences in 2000?

  • Daniel McFadden

  • Robert Shiller

  • Joseph Stiglitz

  • Paul Romer

Answer

Daniel McFadden and James Heckman shared the 2000 Nobel Memorial Prize in Economic Sciences for their work on econometrics, specifically on methods for understanding the relationship between individual choices and the outcomes of those choices. McFadden's work focused on the use of discrete choice models to understand how individuals make decisions, while Heckman's work focused on the use of instrumental variables to address the problem of selection bias.
The Heckman Hustle: Unraveling the World of James Heckman

The Heckman Hustle: Unraveling the World of James Heckman

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