Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of… — Dale T. Mortensen Copy Share Image
As the future is never known with certainty, the evaluation of the prospective benefits requires the formation of expectations. An acceptable house, partner or… — Dale T. Mortensen Copy Share Image
I grew up listening to my father argue politics into the night and taking trips every Saturday to the Hood River library where my… — Dale T. Mortensen Copy Share Image
Unemployment is 'involuntary' when the price is above its market clearing level. Workers are unemployed because jobs are not available at the prevailing wages,… — Dale T. Mortensen Copy Share Image
Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is… — Dale T. Mortensen Copy Share Image
In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings… — Dale T. Mortensen Copy Share Image
I was a good student with mathematical ability and interests. As such, I took the usual college preparatory program in high school for one… — Dale T. Mortensen Copy Share Image
Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets… — Dale T. Mortensen Copy Share Image
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human… — Dale T. Mortensen Copy Share Image
Every great achievement is but a small peak in the mountain range of contributions. — Dale T. Mortensen Copy Share Image
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… — Dale T. Mortensen Copy Share Image
The 1970s was the decade of developments in the new area of information economics. Search theory, which emphasized the need to gather information, was… — Dale T. Mortensen Copy Share Image
I became a member of the faculty at Northwestern University in 1965 but did not complete my thesis until two years later at a… — Dale T. Mortensen Copy Share Image
