The International Economics Section awards the Avinash K. Dixit Prize in International Economics. This prize is awarded annually to that student or students who have completed with great distinction their general examinations in International Trade or International Macroeconomics, and who have written an outstanding “third-year paper” in one of these fields. Typically, the prize is awarded to two third-year graduate students who are engaged in dissertation research in international economics.
Avinash Dixit is The John J.F. Sherrerd ’52 Professor of Economics, Emeritus at Princeton. He is also a Distinguished Adjunct Professor of Economics at Lingnan University, Hong Kong, and a Senior Research Fellow at Nuffield College, Oxford. After receiving his PhD at the Massachusetts Institute of Technology, Avinash taught at Berkeley, Oxford and Warwick, before joining the Princeton faculty in 1981. His research interests are wide-ranging and have included microeconomic theory, game theory, international trade, industrial organization, growth and development theories, public economics, political economy, and the new institutional economics. In international economics, he is best known for his book Theory of International Trade, which he co-authored with Victor Norman, and which established him as one of the founding fathers of “new trade theory” based on product differentiation and increasing returns to scale. During his distinguished tenure at Princeton, Avinash taught trade at the graduate and undergraduate levels, as well as in the Woodrow Wilson School of Public and International Affairs. His numerous articles on international economics formed a major part of his impressive portfolio. Most recently, the Government of India awarded Avinash its second highest civilian honor, the Padma Vibhushan, for his contribution to literature and education. We are proud to have him as an emeritus colleague.