Jean Tirole

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Jean Tirole

Jean Marcel Tirole (born August 9, 1953 in Troyes ) is a French economist who specializes in industrial economics. He is Professor of Economics at the University of Toulouse I and also at the École des hautes études en sciences sociales (EHESS) in Paris .

In 2014 he was awarded the Alfred Nobel Memorial Prize for Economics (“ Nobel Prize in Economics”) “for his analysis of market power and regulation” . In the case of oligopolies, he examined the question of how unproductive companies prevent competitors from entering the market and how the state can counteract such behavior.

Live and act

Jean Tirole graduated in 1976 in engineering from the École polytechnique and with a Diplôme d'études approfondies , majoring in decision-making , from the University of Paris-Dauphine . In 1978 he graduated in engineering from the École Nationale des Ponts et Chaussées in Paris and received his doctorate in quantitative methods from the University of Paris-Dauphine in 1978 (Essais sur le Calcul Economique Public et sur le Taux d'Actualisation). In 1981 he completed a Ph.D. in economics. at the Massachusetts Institute of Technology (MIT) with Essays in Economic Theory .

In 1981 he became a research assistant at the Corps des ingénieurs des ponts et chaussées (CERAS) of the École Nationale des Ponts et Chaussées. From 1984 to 1992 he was an associate professor , later professor of economics at MIT. In 1989 he was the Taussig Visiting Professor of Economics at Harvard University . From 1994 to 1996 he was a professor at the École Polytechnique and was visiting professor at ENSAE , the University of Lausanne and the Wuhan University . He was visiting scholar at Stanford University (1983) and Princeton University (2002).

Tirole is scientific director of the Institut d'économie Industrial (IDEI) at the University of Toulouse I . Since 1995 he has also been director of studies at the École des hautes études en sciences sociales (EHESS) in Paris.

At the center of Tiroles studies are mono- or oligopolies, such as those in the limited market for power lines , railways and telecommunications market naturally occur. Traditionally, the state prescribes maximum prices for the participants in an oligopoly or monopoly or prohibits cooperation (e.g. cartels , price fixing ). Jean Tirole and his employees were able to show that such regulations are counterproductive in specific cases and that, for example, taking over a supplier company is desirable depending on the case if it promotes innovation. The complete works of Jean Tirole give governments a tool with which they can regulate the monopolies or oligopolies, depending on the problem, in such a way that the individual companies become more productive and, on the other hand, do less damage to their competitors.

Tirole worked extensively with his colleague Jean-Jacques Laffont , who died in 2004 .

He owes his fame not least to the textbook The Theory of Industrial Organization (MIT Press; German: Industrieökonomik , Oldenbourg) published in 1988 . He has written three other well-known textbooks: Theory of Incentives in Procurement and Regulation (MIT Press), Game Theory (MIT Press), and The Theory of Corporate Finance (MIT Press).

In 2016 Tirole published the book "Économie du bien commun", which was also published in English in October 2017 under the title "Economics for the Common Good".

Honors

Web links

Commons : Jean Tirole  - Collection of images, videos and audio files

Individual evidence

  1. ^ JT: le quotidien en équations in Le Monde, September 20, 2007. Accessed October 13, 2014.
  2. ^ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014: Jean Tirole. Retrieved October 13, 2014 .
  3. ↑ http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2014/press.html (accessed on October 13, 2014).
  4. ^ Lecture by Jean Tirole at the Goethe University , Goethe University Frankfurt, November 24, 2017
  5. ↑ Populists only believe what they want to believe, Frankfurter Allgemeine Sonntagszeitung, December 10, 2017
  6. ↑ Honorary doctorate for three international economists. (No longer available online.) University of Mannheim, October 21, 2011, archived from the original on December 25, 2011 ; accessed on October 13, 2014 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.uni-mannheim.de
personal data
SURNAME Tirole, Jean
ALTERNATIVE NAMES Tirole, Jean Marcel (full name)
BRIEF DESCRIPTION French economist, especially industrial economist
DATE OF BIRTH August 9, 1953
PLACE OF BIRTH Troyes , Aube department , France