Which honor did Mirrlees receive on his knighthood?
Sir
Lord
Dame
Baron
Answer
Sir James Mirrlees was knighted by Queen Elizabeth II in recognition of his groundbreaking contributions to economic theory, particularly his seminal work on optimal income taxation and Theory of incentives. This prestigious honor bestowed upon him the title of "Sir," a mark of distinction and recognition for his outstanding achievements in the field of economics.
Mastering Mirrlees: Test Your Knowledge on James Mirrlees, the Nobel Laureate in Economics
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