Dale T. Mortensen — American Economist born on February 02, 1939, died on January 09, 2014

Dale Thomas Mortensen was an American economist. He received his B.A. in economics from Willamette University and his PhD in Economics from Carnegie Mellon University... (wikipedia)

I was a good student with mathematical ability and interests. As such, I took the usual college preparatory program in high school for one looking to become an engineer: all the available courses in mathematics and science.
Every great achievement is but a small peak in the mountain range of contributions.
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.
As the future is never known with certainty, the evaluation of the prospective benefits requires the formation of expectations. An acceptable house, partner or job, then, is one that offers an expected stream of future benefit that has a value in excess of the option to continue to search for an even better alternative.
My co-winners, Peter Diamond and Christopher Pissarides, and I wish to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for this very great honor. We each feel privileged and humbled to be named the winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

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