Education
Born in Richmond, Virginia, Clarke was a graduate of Princeton University in 1962 and the University of Chicago, where he received an Master of Business Administration (1965) and a Doctor of Philosophy (1978).
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Edward Hedrick Clarke
Edit Profileassistant analyst director economist secretary
Career
He worked in public policy at the city/regional (Chicago), State, Federal and international levels. He worked for the Federal government as an economist for more than 35 years. As relates to his expertise in transportation economics and policy, he served as an urban economic analyst with the Real Estate Research Corporation of Chicago and the State of Illinois Bureau of the Budget (as economic advisor to the Director).
In both of these jobs he was involved in various aspects of transportation finance and planning.
He served as special assistant to the Secretary of the Treasury (George P Shultz) and chief economist at A. I. Doctorate"s Bureau of Planning and Policy Coordination. During the mid-1970s, he was heavily involved in airline and trucking deregulation and most recently in oversight of Federal regulatory activities affecting transportation.
Clarke"s 1994 Transportation Research Board paper (with Wayne Brough and Nicolaus Tideman), entitled "Airport Congestion and Noise, Interplay of Allocation and Distribution" illustrates the potential applicability of the Vickrey and Clarke/Groves demand revealing mechanisms to problems of transportation congestion. This method was the subject of Nobel Prizes awarded in 2007.
Achievements
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Born
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Died
October 10, 2013 (aged 73) -
Nationality
American