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==Career==
==Career==
Mortensen 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.<ref>[http://www.dg.dk/filer/CV/CV%20Dale%20T.%20Mortensen.pdf Curriculum Vita of Dale T. Mortensen]</ref> He was the Niels Bohr Visiting Professor at the School of Economics and Management, [[Aarhus University]], from 2006 to 2010.<ref>{{cite web|url=http://www.econ.au.dk/research/research-centres/lmdg-labour-market-dynamics-and-growth/dale-t-mortensen/ |title=Dale T Mortensen: Labor Research Group |publisher=Econ.au.dk |date=April 27, 2009 |accessdate=October 11, 2010}}</ref>
Mortensen 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.<ref>[http://www.dg.dk/filer/CV/CV%20Dale%20T.%20Mortensen.pdf Curriculum Vita of Dale T. Mortensen]</ref> He was the Niels Bohr Visiting Professor at the School of Economics and Management, [[Aarhus University]], from 2006 to 2010.<ref>{{cite web|url=http://www.econ.au.dk/research/research-centres/lmdg-labour-market-dynamics-and-growth/dale-t-mortensen/ |title=Dale T Mortensen: Labor Research Group |publisher=Econ.au.dk |date=April 27, 2009 |accessdate=October 11, 2010}}</ref>


He was awarded the [[Nobel Prize in Economics]] jointly with [[Christopher A. Pissarides]] from the [[London School of Economics]] and [[Peter A. Diamond]] from the [[Massachusetts Institute of Technology]] in 2010 "for their analysis of markets with [[Search theory|search]] frictions".<ref name="nobel-2010">[http://nobelprize.org/nobel_prizes/economics/laureates/2010/ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides], official web site</ref> In May 2011, Mortensen was awarded an honorary doctorate from his alma mater, Willamette University.<ref>http://www.willamette.edu/news/library/2011/03/commencement_2011.html Willamette University | Commencement 2011</ref> He was married to [[Beverly Mortensen]], also a Northwestern Professor.
He was awarded the [[Nobel Prize in Economics]] jointly with [[Christopher A. Pissarides]] from the [[London School of Economics]] and [[Peter A. Diamond]] from the [[Massachusetts Institute of Technology]] in 2010 "for their analysis of markets with [[Search theory|search]] frictions".<ref name="nobel-2010">[http://nobelprize.org/nobel_prizes/economics/laureates/2010/ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides], official web site</ref> In May 2011, Mortensen was awarded an honorary doctorate from his alma mater, Willamette University.<ref>http://www.willamette.edu/news/library/2011/03/commencement_2011.html Willamette University | Commencement 2011</ref> He was married to [[Beverly Mortensen]], also a Northwestern Professor.
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==Death==
==Death==
Mortensen died of cancer on January 9, 2014 at the age of 74, at his home in Wilmette.<ref>{{cite news| url=http://www.nytimes.com/2014/01/11/business/dale-t-mortensen-top-labor-economist-dies-at-74.html | work=The New York Times | first=Hilary | last=Stout | title=Dale T. Mortensen, Labor Economist and Nobel Laureate, Dies at 74 | date=January 10, 2014}}</ref><ref>http://www.legacy.com/obituaries/readingeagle/obituary.aspx?n=dale-mortensen&pid=168993890</ref><ref>{{cite news| url=http://mobile.bloomberg.com/news/2014-01-09/dale-mortensen-nobel-winner-for-labor-market-work-dies-at-74.html | work=Bloomberg | title=Bloomberg Business}}</ref><ref>[http://www.northwestern.edu/newscenter/stories/2014/01/nobel-laureate-dale-mortensen-dies.html DALE MORTENSEN, NOBEL LAUREATE, DIES AT 74]</ref>
Mortensen died of cancer on January 9, 2014 at the age of 74, at his home in Wilmette.<ref>{{cite news| url=http://www.nytimes.com/2014/01/11/business/dale-t-mortensen-top-labor-economist-dies-at-74.html | work=The New York Times | first=Hilary | last=Stout | title=Dale T. Mortensen, Labor Economist and Nobel Laureate, Dies at 74 | date=January 10, 2014}}</ref><ref>http://www.legacy.com/obituaries/readingeagle/obituary.aspx?n=dale-mortensen&pid=168993890</ref><ref>{{cite news|url=http://mobile.bloomberg.com/news/2014-01-09/dale-mortensen-nobel-winner-for-labor-market-work-dies-at-74.html |work=Bloomberg |title=Bloomberg Business}}</ref><ref>[http://www.northwestern.edu/newscenter/stories/2014/01/nobel-laureate-dale-mortensen-dies.html DALE MORTENSEN, NOBEL LAUREATE, DIES AT 74]</ref>


==Awards, fellowships==
==Awards, fellowships==

Revision as of 09:08, 5 December 2016

Dale T. Mortensen
Born(1939-02-02)February 2, 1939
Enterprise, Oregon, US
DiedJanuary 9, 2014(2014-01-09) (aged 74)
Wilmette, Illinois, US
NationalityAmerican
Academic career
InstitutionNorthwestern University
FieldLabor economics
Alma materCarnegie Mellon University
Willamette University
Doctoral
advisor		Michael C. Lovell
Doctoral
students		Monika Merz
AwardsIZA Prize in Labor Economics (2005)
Nobel Memorial Prize in Economic Sciences
2010
Information at IDEAS / RePEc

Dale Thomas Mortensen (February 2, 1939 – January 9, 2014) was an American economist and Nobel laureate.

Early life and education

Mortensen was born in Enterprise, Oregon.[1] He received his BA in economics from Willamette University and his PhD in Economics from Carnegie Mellon University.

Career

Mortensen 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.[2] He was the Niels Bohr Visiting Professor at the School of Economics and Management, Aarhus University, from 2006 to 2010.[3]

He was awarded the Nobel Prize in Economics jointly with Christopher A. Pissarides from the London School of Economics and Peter A. Diamond from the Massachusetts Institute of Technology in 2010 "for their analysis of markets with search frictions".[4] In May 2011, Mortensen was awarded an honorary doctorate from his alma mater, Willamette University.[5] He was married to Beverly Mortensen, also a Northwestern Professor.

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.

Death

Mortensen died of cancer on January 9, 2014 at the age of 74, at his home in Wilmette.[6][7][8][9]

Awards, fellowships

The Dale T. Mortensen Building

In February 2011, Mortensen had a building named in his honor at Aarhus University. The Dale T. Mortensen Building is the central hub for all international and PhD activities and contains the new PhD House, Dale's Café, the university's International Centre and the new IC Dormitory for international PhD students.[10]

Selected publications

  • D. Mortensen and E. Nagypál (2007), 'More on unemployment and vacancy fluctuations.' Review of Economic Dynamics 10 (3), pp. 327–47.
  • D. Mortensen (2005), Wage Dispersion: Why Are Similar Workers Paid Differently?, MIT Press. ISBN 0-262-63319-1
  • K. Burdett and D. Mortensen (1998), 'Wage differentials, employer size, and unemployment.' International Economic Review 39, pp. 257–73.
  • D. Mortensen and C. Pissarides (1994), 'Job creation and job destruction in the theory of unemployment.' Review of Economic Studies 61, pp. 397–415.
  • D. Mortensen (1986), 'Job search and labor market analysis.' Ch. 15 of Handbook of Labor Economics, vol. 2, O. Ashenfelter and R. Layard, eds., North-Holland.
  • D. Mortensen (1982), 'Property rights and efficiency of mating, racing, and related games.' American Economic Review 72 (5), pp. 968–79.
  • D. Mortensen (1982), 'The matching process as a non-cooperative/bargaining game.' In The Economics of Information and Uncertainty, J. McCall, ed., NBER, ISBN 0-226-55559-3.
  • D. Mortensen (1972), 'A theory of wage and employment dynamics.' In Microeconomic Foundations of Employment and Inflation Theory, E. Phelps et al., eds., Norton, ISBN 978-0-393-09326-1

References

  1. ^ "Oregon native, Willamette University grad Dale Mortensen wins Nobel Prize in economics". The Oregonian. October 11, 2010. Retrieved October 11, 2010.
  2. ^ Curriculum Vita of Dale T. Mortensen
  3. ^ "Dale T Mortensen: Labor Research Group". Econ.au.dk. April 27, 2009. Archived from the original on June 30, 2010. Retrieved October 11, 2010. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ a b The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides, official web site
  5. ^ http://www.willamette.edu/news/library/2011/03/commencement_2011.html Willamette University | Commencement 2011
  6. ^ Stout, Hilary (January 10, 2014). "Dale T. Mortensen, Labor Economist and Nobel Laureate, Dies at 74". The New York Times.
  7. ^ http://www.legacy.com/obituaries/readingeagle/obituary.aspx?n=dale-mortensen&pid=168993890
  8. ^ "Bloomberg Business". Bloomberg. Archived from the original on January 9, 2014. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  9. ^ DALE MORTENSEN, NOBEL LAUREATE, DIES AT 74
  10. ^ http://www.au.dk/en/internationalcentre/aboutic/daletmortensenbuilding/
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