Each year, the section awards the Avinash K. Dixit Prize in International Economics to an outstanding Princeton Ph.D. 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.
The prize is named in honor of Avinash Dixit, the John J.F. Sherrerd ’52 Professor of Economics, Emeritus at Princeton. During his distinguished tenure at Princeton, Avinash taught trade at the graduate and undergraduate levels, as well as in the Princeton School of Public and International Affairs.
Dixit’s 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.
His numerous articles on international economics formed a substantive part of his impressive portfolio. Most recently, the Government of India awarded Professor Dixit its second highest civilian honor, the Padma Vibhushan, for his contribution to literature and education. Princeton IES is proud to have him as an emeritus colleague.
Students interested in learning more about the Dixit Prize should speak to a faculty member.