Daniel McFadden
Pioneering econometrician known for discrete choice analysis and Nobel laureate.
Chronology: 1937-07-29 – Present
Origins & Early Life
Daniel Little McFadden (born July 29, 1937) is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice". He is the Presidential Professor of Health Economics at the University of Southern California and Professor of the Graduate School at University of California, Berkeley. McFadden was born on July 29, 1937, in Raleigh, North Carolina.
Pivotal Works & Achievements
He attended the University of Minnesota, where he received a B.S. in Physics, and a Ph.D. in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz, who was awarded the Economics Nobel Prize in 2007. In 1964, McFadden joined the faculty of University of California, Berkeley, focusing his research on choice behavior and the problem of linking economic theory and measurement.
Enduring Legacy & Impact
In 1974, he introduced conditional logit analysis. In 1975, McFadden won the John Bates Clark Medal. In 1977, he moved to the Massachusetts Institute of Technology. In 1981, he was elected to the National...
Contemporary Figures & Related Historical Timelines
- Alain Badiou — Contemporary (Born in 1937) (1937): Influential French philosopher known for 'Being and Event' and universalism.
- Andrew Mellon — Contemporary (Died in 1937) (1937): American banker, industrialist, and politician who served as Secretary of the Treasury.
- Anthony Hopkins — Contemporary (Born in 1937) (1937): Esteemed Welsh actor celebrated for powerful stage and screen performances.
- Alexis de Tocqueville — Shared historical date (07-29 · Born) (1805): French philosopher known for analyzing Western democracy and social trends.
- Benito Mussolini — Shared historical date (07-29 · Born) (1883): Italian dictator who founded fascism and ruled the Kingdom of Italy from 1922 to 1943.
- Antonio Gramsci — Historical peer (Died in 1937) (1937): Italian Marxist philosopher known for his theory of cultural hegemony.
- Austen Chamberlain — Historical peer (Died in 1937) (1937): Influential British statesman, Nobel Peace Prize winner, and key figure in early 20th-century politics.
- Abraham Pais — Historical peer (Died in 2000) (2000): Pioneering physicist and acclaimed science historian of modern physics.
- Alec Guinness — Historical peer (Died in 2000) (2000): Iconic English actor celebrated for stage mastery and cinematic versatility.
- Andrey Lavrov — Historical peer (Born in 1962) (1962): Three-time Olympic gold medalist and decorated Russian handball legend.
- 1937 Historical Timeline & Archive — Explore world events and figures from 1937
- July 29 (07-29) On This Day — Historical birthdays and events on July 29
Source: Wikipedia