William Vickrey, Canadian-American economist and academic, Nobel Prize laureate (d. 1996)
William Spencer Vickrey (21 June 1914 – 11 October 1996) was a Canadian-American professor of economics and Nobel Laureate. Vickrey was awarded the 1996 Nobel Memorial Prize in Economic Sciences with James Mirrlees for their research into the economic theory of incentives under asymmetric information, becoming the only Nobel laureate born in British Columbia.
The announcement of his Nobel Prize was made just three days prior to his death. Vickrey died while traveling to a conference of Georgist academics that he helped found and never missed once in 20 years. His Columbia University economics department colleague C. Lowell Harriss accepted the posthumous prize on his behalf. There are only three other cases where a Nobel Prize has been presented posthumously.
1914Jun, 21
William Vickrey
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Events on 1914
- 28Jun
Assassination of Archduke Franz Ferdinand of Austria
Archduke Franz Ferdinand of Austria and his wife Sophie are assassinated in Sarajevo; this is the casus belli of World War I. - 26Jul
Bulgaria
Serbia and Bulgaria interrupt diplomatic relationship. - 5Aug
Traffic light
In Cleveland, Ohio, the first electric traffic light is installed. - 15Aug
Frank Lloyd Wright
A servant of American architect Frank Lloyd Wright murders seven people and sets fire to the living quarters of Wright's Wisconsin home, Taliesin. - 1Sep
Petrograd
St. Petersburg, Russia, changes its name to Petrograd.