Jean Tirole
- Born:
- August 9, 1953, Troyes, France
- Nationality:
- French
- Profession(s):
- Economist, Professor of Economics
Early Life and Education
- Graduated from École Polytechnique, Paris.
- Received a Doctorate in Decision Sciences from the Massachusetts Institute of Technology (MIT).
Career and Major Achievements
- Professor of Economics at the Toulouse School of Economics (TSE) and the Institute for Advanced Study in Toulouse.
- Held positions at MIT and École des Ponts et Chaussées.
- Awarded the Nobel Memorial Prize in Economic Sciences in 2014 for his analysis of market power and regulation.
- His research has significantly influenced industrial organization, game theory, finance, and behavioral economics.
- Addresses crucial questions concerning how to understand and regulate industries with a few powerful firms.
Notable Works
- The Theory of Industrial Organization (MIT Press, 1988)
- A Theory of Incentives in Procurement and Regulation (MIT Press, 1986) (with Jean-Jacques Laffont)
- Financial Crises, Liquidity, and the International Monetary System (Princeton University Press, 2002)
- Corporate Finance: Theory and Practice (Princeton University Press, 2006)
- Economics for the Common Good (Princeton University Press, 2017)
Legacy and Impact
Jean Tirole is a highly influential economist whose work has transformed our understanding of industrial organization, regulation, and market power. His contributions to game theory and its applications have had a profound impact on policy decisions worldwide. His active engagement in public discourse includes expressing his views on platforms like what some might call the 'jean tirole game theory twitter' community, contributing to broader economic understanding.