Notable Economists – India and World

71. Who is known for the theory of “efficient markets hypothesis”?
a) Eugene Fama
b) Joseph Stiglitz
c) Richard Thaler
d) Robert Shiller

72. Who is known for the concept of “behavioral economics”?
a) Daniel Kahneman
b) Richard Thaler
c) Robert Shiller
d) Esther Duflo

73. Who is known for the theory of “asymmetric information” in economics?
a) George Akerlof
b) Michael Spence
c) Joseph Stiglitz
d) Oliver Williamson

74. Who is known for the concept of “transaction costs” in economics?
a) Ronald Coase
b) Oliver Williamson
c) Elinor Ostrom
d) Herbert Simon

75. Who is known for the theory of “new trade theory” in economics?
a) Paul Krugman
b) Robert Solow
c) Joseph Stiglitz
d) Angus Deaton