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ProfessorAvinashKamalakarDixit.PDF
Professor Avinash Kamalakar Dixit
DOCTOR OF SOCIAL SCIENCES honoris causa
Citation
Professor Avinash Dixit is an exceptionally distinguished member of the economics
profession. Born in Bombay where he studied Mathematics and Physics, he was further educated
at Cambridge University where he graduated with First Class in Mathematics, and at the
Massachusetts Institute of Technology where he received his PhD in Economics in 1968. He was
an assistant professor at the University of California, Berkeley, a fellow of Balliol College,
Oxford, and professor at the University of Warwick, before joining Princeton University in 1981
where he remained affiliated ever since.
Professor Dixit has made fundamental contributions to numerous major fields of economics
including microeconomics, macroeconomics, international economics, finance (investment under
uncertainty), international trade, industrial organization, public economics, law and institutions of
economic governance, political economy, and growth and development. He has been President of
the two most important economics organizations in the world: the Econometric Society and the
American Economic Association, and is also an elected Fellow of the National Academy of
Sciences, the American Academy of Arts Sciences, the Econometric Society, a Foreign Fellow
of the British Academy, and earlier this year was elected Fellow of the American Philosophical
Society.
Professor Dixit’s path-breaking article on “Monopolistic competition and optimum product
diversity,” co-authored with Professor Joseph Stiglitz (Nobel laureate 2001 and Lingnan honorary
doctorate 2005) and published in the American Economic Review in 1977, unified the two rival
macroeconomics camps of neoclassical economics and neo-Keynesian economics, laying down
the foundation for the synthesis of modern
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