When was Michael Spence born?
November 7, 1945
July 7, 1943
December 7, 1943
April 7, 1943
Answer
Born on July 7, 1943, American economist Michael Spence is distinguished for his contributions to the fields of information economics, signaling theory, and industrial organization. His groundbreaking research has illuminated economic behavior and outcomes in the presence of asymmetric information, helping shape our understanding of various economic activities and dynamics.
Mastering Economics: The Michael Spence Quiz
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