What is Michael Spence's nationality?
British
Canadian-American
Australian
Indian
Answer
Canadian-American economist Michael Spence, born in Montclair, New Jersey, holds dual citizenship. He is renowned for his groundbreaking contributions to signaling theory, information economics, and the economics of imperfect information. Notably, his seminal work on signaling mechanisms in the labor market and information asymmetry greatly influenced economic analysis and real-world policies.
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