Investopedia explains 'James A. Mirrlees'
Mirrlees’ primary research interests include optimal income taxation, imperfect rationality and principal/agent situations with multidimensional choice variables. He also helped to develop the Diamond-Mirrlees efficiency theorem along with Peter A. Diamond.
Mirrlees was born in Scotland in 1936. He has worked as an emeritus professor of political economy at the University of Cambridge and as a fellow of Trinity College. He has also taught at Oxford.
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