Date: Thu, 12 Oct 2000 10:03:01 -0700 (PDT) From: Chancellor's_Mailing_List@uclink4.berkeley.edu Reply-To: None@uclink4.berkeley.edu Subject: Campus Memo: Nobel Prize for Economics October 12, 2000 Original memo date is October 11, 2000 DEANS, DIRECTORS, DEPARTMENT CHAIRS, AND ADMINISTRATIVE OFFICERS Re: Nobel Prize for Economics Please join me in congratulating our colleague Daniel L. McFadden, the E. Morris Cox Professor of Economics in UC Berkeley's College of Letters and Science, upon being awarded this year's Nobel Prize in economics. The Royal Swedish Academy of Sciences today announced that Professor McFadden will share the 2000 Nobel Bank of Sweden Prize in Economic Science in Memory of Alfred Nobel with Professor James J. Heckman of the University of Chicago. The Nobel Prize is the ultimate recognition for Professor McFadden of a lifetime of outstanding work in econometrics. For decades he has placed his work squarely in the service of society. He has developed techniques to help address society's most complex policy challenges in areas such as public transportation, communications, health care, housing, welfare and the environment. His economic models are part of the foundation of tools and techniques used by economists to better understand human choices that govern the success or failure of public policy in these areas. I am delighted to share with you this news of Professor McFadden's well-deserved and exceptional achievement. I hope you will take a moment to reflect on the extraordinary strength of our university community, in which we have moments such as this-to share Berkeley's best with the world at large, and to take pride in those with whom we work. I am sure you will be reading and hearing more about Berkeley's newest Nobel Laureate in the hours and days to come. Please don't hesitate to share this wonderful news with others and again to join me in extending our warmest congratulations to Professor McFadden, his wife Beverlee and their family at this joyous moment in their lives. Robert M. Berdahl Chancellor