Avinash Dixit

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American economist (born 1943)

title: "Avinash Dixit" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1944-births", "living-people", "indian-emigrants-to-the-united-states", "academics-of-the-university-of-warwick", "21st-century-american-economists", "fellows-of-the-econometric-society", "american-male-writers-of-indian-descent", "mit-school-of-humanities,-arts,-and-social-sciences-alumni", "members-of-the-united-states-national-academy-of-sciences", "princeton-university-faculty", "fellows-of-balliol-college,-oxford", "fellows-of-nuffield-college,-oxford", "st.-xavier's-college,-mumbai-alumni", "presidents-of-the-econometric-society", "20th-century-american-non-fiction-writers", "21st-century-american-non-fiction-writers", "20th-century-indian-economists", "trade-economists", "21st-century-indian-economists", "american-financial-economists", "real-options", "american-academics-of-indian-descent", "recipients-of-the-padma-vibhushan-in-literature-&-education", "presidents-of-the-american-economic-association", "writers-from-mumbai", "20th-century-american-male-writers", "distinguished-fellows-of-the-american-economic-association", "american-male-non-fiction-writers", "scientists-from-mumbai", "corresponding-fellows-of-the-british-academy", "21st-century-american-male-writers", "members-of-the-american-philosophical-society"] description: "American economist (born 1943)" topic_path: "arts" source: "https://en.wikipedia.org/wiki/Avinash_Dixit" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American economist (born 1943) ::

::data[format=table title="Infobox economist"]

FieldValue
imageAvinash Dixit.JPG
image_size200px
nameAvinash Dixit
birth_date
birth_placeBombay, Bombay Province, British India
alma_materSt. Xavier's College, Mumbai (B.Sc.)

| | institution | Princeton University Lingnan University (Hong Kong) Nuffield College, Oxford University of Warwick | | field | Economics | | doctoral_advisor | Robert Solow | | doctoral_students | Vijay Kelkar Robert Helsley Dani Rodrik | | awards | Padma Vibhushan John von Neumann Award (2001) | | repec_prefix | e | repec_id = pdi79 | ::

| school_tradition = | color = | image = Avinash Dixit.JPG | image_size = 200px | caption = | name = Avinash Dixit | birth_date = | birth_place = Bombay, Bombay Province, British India | death_date = | death_place = | alma_mater = St. Xavier's College, Mumbai (B.Sc.)

University of Mumbai University of Cambridge (B.A.) MIT (Ph.D.) | institution = Princeton University Lingnan University (Hong Kong) Nuffield College, Oxford University of Warwick | field = Economics | doctoral_advisor = Robert Solow | academic_advisors= | doctoral_students= Vijay Kelkar Robert Helsley Dani Rodrik | notable_students = | influences = | contributions = | 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. He is the John J.F. Sherrerd '52 University Professor of Economics Emeritus at Princeton University. He has been a 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.

Career

::figure[src="https://upload.wikimedia.org/wikipedia/commons/d/d0/The_President,_Shri_Pranab_Mukherjee_presenting_the_Padma_Vibhushan_Award_to_Shri_Avinash_Kamalakar_Dixit,_at_a_Civil_Investiture_Ceremony,_at_Rashtrapati_Bhavan,_in_New_Delhi_on_March_28,_2016.jpg" caption="The President, Shri Pranab Mukherjee presenting the Padma Vibhushan Award to Shri Avinash Kamalakar Dixit, at a Civil Investiture Ceremony, at Rashtrapati Bhavan, in New Delhi on March 28, 2016"] ::

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. He has also been on the Social Sciences jury for the Infosys Prize from 2011.

A noted publication was a foundational contribution to the modern development of work on second-best optimum tax theory in his 1975 Welfare effects of tax and price changes Journal of Public Economics. 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" in view of its importance to the theory.

Selected publications

References

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. (1 October 2015). "Dani Rodrik on Premature Deindustrialization and Why the World is Second Best, at Best (Ep. 4 - Live at Mason) (A Conversation with Dani Rodrik)". Medium.com.
  3. Jeremy Clift. (December 2010). "Fun & Games". Finance & Development.
  4. "Avinash K. Dixit, Home Page". Department of Economics, Princeton University.
  5. "Avinash Kamalakar Dixit {{!}} Dean of the Faculty".
  6. (3 February 2015). "Avinash Dixit {{!}} John J.F. Sherrerd '52 University Professor of Economics Emeritus, Princeton University".
  7. "APS Member History".
  8. "Infosys Prize – Jury 2020".
  9. [http://marcoagd.usuarios.rdc.puc-rio.br/bib_d&p.html Real Options Selected Bibliography: the Dixit & Pindyck Book], accessed 14 June 2023 {{better source needed. (June 2023)
  10. Sandmo, Agnar(1998) Foreword in Dixit, Avinash K. ''The making of economic policy: A transaction-cost politics perspective''. MIT press.

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