Jacques H. Drèze is a Belgian economist noted for his contributions to economic theory, econometrics, and economic policy as well as for his leadership in the economics profession. Drèze was the first President of the European Economic Association in 1986 and was the President of the Econometric Society in 1970.
Jacques Drèze is also the father of five sons. One son is the economist, Jean Drèze, who is known for his work on poverty and hunger in ...
more
Jacques H. Drèze is a Belgian economist noted for his contributions to economic theory, econometrics, and economic policy as well as for his leadership in the economics profession. Drèze was the first President of the European Economic Association in 1986 and was the President of the Econometric Society in 1970.
Jacques Drèze is also the father of five sons. One son is the economist, Jean Drèze, who is known for his work on poverty and hunger in India (some of which has been in collaboration with Amartya K. Sen); another son, Xavier Drèze, is professor of Marketing at UCLA.
Drèze's vision of economics emphasizes the normative role of economic theory in shaping policy, naturally using Bayesian econometrics and mathematical optimization. This vision is expressed in Drèze's 1970 Presidential Address to the Econometric Society:
"We should now regard as a realistic challenge the formal analysis of decision problems in economics, resting on a specification of ends and means firmly rooted in...
less