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Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in ...
Paul Anthony Samuelson (* 15. Mai 1915 in Gary , Indiana ; † 13. Dezember 2009 in Belmont , Massachusetts ) war ein US-amerikanischer Wirtschaftswissenschaftler und Träger des Alfred-Nobel-Gedächtnispreis für Wirtschaftswissenschaften von 1970 .
5. Apr. 2024 · Paul Samuelson, American economist who was awarded the Nobel Prize in Economic Sciences in 1970 for his fundamental contributions to nearly all branches of economic theory. His introductory textbook, Economics (1948), is considered a classic. Learn more about Samuelson’s life and work.
- The Editors of Encyclopaedia Britannica
Revealed preference theory, pioneered by economist Paul Anthony Samuelson in 1938, [1] [2] is a method of analyzing choices made by individuals, mostly used for comparing the influence of policies [further explanation needed] on consumer behavior.
This chapter provides an appraisal of Samuelson's work on trade theory. It explains the scientific importance of starting with the Ricardian 2x2 model and the current literature on comparative advantage.
In 1970 Paul Samuelson became the first American to receive the Nobel Prize in economics. It was awarded “for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science.”
Paul Samuelson’s contributions to trade theory and international economics are simply breath-taking. Virtually every undergraduate or graduate student, anywhere in the world, will be asked to understand his Stolper-Samuelson and factor-price equalization theorems. These theorems tell us, of course, why trade liberalization tends to benefit the
