Notable Economists – India and World

76. Who is known for the concept of “natural monopoly” in economics?
a) William Baumol
b) John Kenneth Galbraith
c) Harold Hotelling
d) Joseph Schumpeter

77. Who is known for the theory of “capital asset pricing model” (CAPM)?
a) William Sharpe
b) Harry Markowitz
c) Eugene Fama
d) Merton Miller

78. Who is known for the concept of “bounded rationality” in economics?
a) Herbert Simon
b) Milton Friedman
c) Ronald Coase
d) Paul Romer

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

80. Who is the author of the book “Poor Economics”?
a) Esther Duflo
b) Abhijit Banerjee
c) Angus Deaton
d) Amartya Sen