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Daniel McFadden

From Academic Kids

Daniel L. McFadden (born July 29, 1937) is an econometrician who won (jointly with James Heckman) the 2000 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel "for his development of theory and methods for analyzing discrete choice". He is currently the E. Morris Cox Professor of Economics at the University of California, Berkeley.

McFadden was born in Raleigh, North Carolina. He attended the University of Minnesota, where he received a B.S. in Physics at age 19, and a Ph.D. in Behavioral Science (Economics) five years later (1962). In 1964, he joined the faculty of the University of California, Berkeley and focused his research in areas including choice behavior and the problem of linking economic theory and measurement. In 1977, he moved to the Massachusetts Institute of Technology, but returned to Berkeley in 1991 because MIT did not have a statistics department. After his return, McFadden founded the Econometrics Laboratory, which is devoted to statistical computation for economics applications. He remains its director.

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