Background
He was born in Enterprise, Oregon, he was a member of the Beta Theta Pi fraternity.
economist professor university professor
He was born in Enterprise, Oregon, he was a member of the Beta Theta Pi fraternity.
He received his Bachelor of Arts in economics from Willamette University and his Doctor of Philosophy in Economics from Carnegie Mellon University. In May 2011, Mortensen was awarded an honorary Doctor of Science degree from his alma mater, Willamette University.
He had been on the faculty of Northwestern University since 1965 and a professor of Managerial Economics and Decision Sciences at the Kellogg School of Management since 1980. He was the Niels Bohr Visiting Professor at the School of Economics and Management, Aarhus University, from 2006 to 2010. He was awarded the Nobel Prize in Economics jointly with Christopher A. Pissarides from the London School of Economics and Peter A. from the Massachusetts Institute of Technology in 2010 "for their analysis of markets with search frictions".
Mortensen"s research focused on labor economics, macroeconomics and economic theory.
He is especially known for his pioneering work on the search and matching theory of frictional unemployment. He extended the insights from this work to study labor turnover and reallocation, research and development, and personal relationships.
Mortensen was a past president of the Society of Economic Dynamics and one of the founding editors of the Review of Economic Dynamics. Mortensen died of cancer on January 9, 2014 at the age of 74, at his home in Wilmette.
On February 1, 2011 it was revealed that Dale T. Mortensen had a building named in his honor at Aarhus University.
The new Dale T. Mortensen Building has been made the central hub for all international and Doctor of Philosophy activities and contains the new Doctor of Philosophy House, Dale"s Café, the university"s International Centre and the new IC Dormitory for international Doctor of Philosophy students. Doctorate. Doctorate. K. Doctorate. Doctorate. Doctorate. Doctorate. Doctorate.