A. Michael Spence
Nobel Laureate A. Michael Spence is the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University and a senior fellow at the Hoover Institution. Professor Spence’s scholarship focuses on economic policy in emerging markets and the economics of information. Of note, Dr. Spence also devised the job-market signaling model. Currently, Dr. Spence teaches at the Stern School of Business at New York University. From 2006-2010, he was chairman of the Commission on Growth and Development, a global policy group creating strategies for rapid and sustainable economic growth that reduces poverty. A Rhodes Scholar and the recipient of many honors and awards, Professor Spence was awarded the Nobel Memorial Prize in Economic Sciences in 2001 and the John Bates Clark Medal from the American Economics Association in 1981.