JEAN TIROLE

2014 Nobel Prize in Economics. Honorary Chairman, Toulouse School of Economics (TSE)



Jean Tirole specialises in both the theoretical and practical application of game theory the study of strategic decision making, as well as in industrial organization.  For his important analysis of big companies, market power and regulation, the Nobel Prize jury said "he was one of the most influential economists of our time" in 2014.

Tirole is honorary chairman of the Foundation JJ Laffont‐Toulouse School of Economics (TSE), and scientific director of TSE‐Partnership; he is also founding member of the Institute for ADvanced Study in Toulouse (IAST). He is affiliated with MIT, where he holds a visiting position. Before moving to Toulouse in 1991, he was professor of economics at MIT. He was president of the Econometric Society in 1998 and of the European Economic Association in 2001. 

Professor Tirole’s research covers industrial organization, regulation, finance, macroeconomics and banking, and psychology-based economics. 

He has given over a hundred distinguished lectures and has published about two hundred articles in economics and finance, as well as 12 books. He received his PhD in economics from MIT in 1981, engineering degrees from Ecole Polytechnique, Paris (1976) and from Ecole Nationale des Ponts et Chaussées, Paris (1978) and a “Doctorat de 3e cycle” in decision mathematics from the University Paris IX (1978).

He holds Honorary Doctorate degrees from several universities around the world. Among other prizes and  honors, he received the Yrjö Jahnsson prize of the European Economic Association (granted every other year to  an economist under the age of 45 who has made a contribution in theoretical and applied research that is  significant to economics in Europe) in 1993, the gold medal of the CNRS in 2007 (the second economist, after Allais  in 1978, to receive this medal, attributed to one researcher every year since 1954), and was the inaugural winner  of the BBVA Frontiers of Knowledge Awards in economics, finance and management in 2008. He received the CME‐MSRI award and the Levi‐Strauss prize in 2010 and the Ross prize in 2013. 

He is the laureate of the 2014 Nemmers prize in economics and received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in the same year. He is a foreign honorary member of the American Academy of Arts, the American Economic Association, of the United States National Academy of Sciences, of the British Academy and several other learned societies.
 

  • Industrial Organization
  • Regulation
  • Organization Theory
  • Game Theory
  • Finance
  • Macroeconomics
  • Psychology-based economics