Avinash Dixit Explained

Avinash Dixit
Birth Date:	1944 8, df=yes
Alma Mater:	St. Xavier's College, Mumbai (B.Sc.) University of Mumbai University of Cambridge (B.A.) MIT (Ph.D.)
Nationality:	American
Doctoral Advisor:	Robert Solow^[1]
Doctoral Students:	Vijay Kelkar Robert Helsley Dani Rodrik^[2]
Awards:	Padma Vibhushan John von Neumann Award (2001)
Repec Prefix:	e
Repec Id:	pdi79

Avinash Kamalakar Dixit (born 6 August 1944) is an Indian-American economist.^[3] He is the John J. F. Sherrerd '52 University Professor of Economics Emeritus at Princeton University,^[4] and has been Distinguished Adjunct Professor of Economics at Lingnan University (Hong Kong), senior research fellow at Nuffield College, Oxford and Sanjaya Lall Senior Visiting Research Fellow at Green Templeton College, Oxford.

Education

Dixit received a B.Sc. from University of Mumbai (St. Xavier's College) in 1963 in Mathematics and Physics, a B.A. from Cambridge University in 1965 in Mathematics (Corpus Christi College, First Class), and a Ph.D. in 1968 from the Massachusetts Institute of Technology in Economics.^{[5] [6]}

Career

Dixit is the John J. F. Sherrerd '52 University Professor of Economics at Princeton University since July 1989, and Emeritus since 2010. He was also Distinguished Adjunct Professor of Economics at Lingnan University (Hong Kong), senior research fellow at Nuffield College, Oxford and Sanjaya Lall senior visiting research fellow at Green Templeton College, Oxford. He previously taught at Massachusetts Institute of Technology, at the University of California, Berkeley, at Balliol College, Oxford and at the University of Warwick. In 1994 Dixit received the first-ever CES Fellow Award from the Center for Economic Studies at the University of Munich in Germany. In January 2016, India conferred the Padma Vibhushan - the second highest of India's civilian honors to Dr. Dixit.

Dixit has also held visiting scholar positions at the International Monetary Fund and the Russell Sage Foundation. He was President of the Econometric Society in 2001, and was Vice-President (2002) and President (2008) of the American Economic Association. He was elected to the American Academy of Arts and Sciences in 1992, the National Academy of Sciences in 2005, and the American Philosophical Society in 2010.^[7] He has also been on the Social Sciences jury for the Infosys Prize from 2011.^[8]

With Robert Pindyck he is author of "Investment Under Uncertainty" (Princeton University Press, 1994;), the first textbook exclusively about the real options approach to investments, and described as "a born-classic"^[9] in view of its importance to the theory.

Selected publications

• 1976. The Theory of Equilibrium Growth. Oxford University Press.
• 1977. "Monopolistic Competition and Optimum Product Diversity", The American Economic Review, vol. 67, no. 3, p. 297–308, with Joseph E. Stiglitz.
• 1980. Theory of International Trade, with Victor Norman. Cambridge University Press
• [1976] 1990. Optimization in Economic Theory, 2nd ed., Oxford. Description and contents preview.
• 1991. , with Barry Nalebuff, New York: W.W. Norton.
• 1993. The Art of Smooth Pasting, Vol. 55 of series Fundamentals of Pure and Applied Economics, eds. Jacques Lesourne and Hugo Sonnenschein. Reading, UK: Harwood Academic Publishers.
• 1996a.Investment Under Uncertainty, co-authored by Robert Pindyck. Princeton University Press.
• 1996b. The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures in Economics), M.I.T. Press. Description.
• 2004. Lawlessness and Economics: Alternative Modes of Governance], Gorman Lectures in Economics, University College London, Princeton University Press. Description and ch. 1, Economics With and Without the Law.
• 2008a. The Art of Strategy: A Game-Theorist's Guide to Success in Business and Life with Barry Nalebuff, New York: W. W. Norton.
• 2008b. "economic governance," in The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• 2009. Games of Strategy, with Susan Skeath and David McAdams, New York: W. W. Norton, 1999, 5th edition 2020.
• 2014. Microeconomics: A Very Short Introduction, Oxford University Press.

External links

• Short biography
• Curriculum vitae
• Recent writings
• Encyclopedia: Dixit . Avinash . Nalebuff . Barry . Barry Nalebuff . David R. Henderson . David R. Henderson . . Game Theory . 2008 . 2nd . . Indianapolis . 978-0865976658 . 237794267.
• Encyclopedia: Dixit . Avinash . Nalebuff . Barry . Barry Nalebuff . David R. Henderson . David R. Henderson . . Prisoner's Dilemma . 2008 . 2nd . . Indianapolis . 978-0865976658 . 237794267.

Notes and References

1. http://library.mit.edu/F/T9P3DKEKJSNFGNAXD2VVVY7YURR3FR64YCTVNSKCVGSS2K6DHR-20728?func=find-b&find_code=WRD&request=Avinash+Dixit Development planning in a dual economy.
2. Web site: Medium.com. Dani Rodrik on Premature Deindustrialization and Why the World is Second Best, at Best (Ep. 4 - Live at Mason) (A Conversation with Dani Rodrik). 1 October 2015. 21 December 2018.
3. Fun & Games . Finance & Development . December 2010 . 47 . People in Economics . 4 . Jeremy Clift.
4. Web site: Department of Economics, Princeton University. Avinash K. Dixit, Home Page. 19 August 2013.
5. Web site: Avinash Kamalakar Dixit Dean of the Faculty. 2020-10-21. dof.princeton.edu. 23 October 2020. https://web.archive.org/web/20201023104801/https://dof.princeton.edu/about/clerk-faculty/emeritus/avinash-kamalakar-dixit. dead.
6. Web site: Avinash Dixit John J. F. Sherrerd '52 University Professor of Economics Emeritus, Princeton University. 2020-10-21. blogs.worldbank.org. 3 February 2015 . en.
7. Web site: APS Member History. 2021-04-14. search.amphilsoc.org.
8. Web site: Infosys Prize - Jury 2020. 2020-12-09. www.infosys-science-foundation.com.
9. http://marcoagd.usuarios.rdc.puc-rio.br/bib_d&p.html Real Options Selected Bibliography: the Dixit & Pindyck Book