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Daniel McFadden is an American economist and statistician born on July 29, 1937, in Raleigh, North Carolina. He is known for his work in discrete choice and has been awarded the 2000 Nobel Memorial Prize in Economic Sciences. McFadden completed his education at the University of Minnesota (Twin Cities) and has contributed to the fields of economics and econometrics.
Throughout his career, McFadden held positions as a statistician, economist, and professor. He was closely associated with other eminent scholars in the field; his doctoral advisor was Leonid Hurwicz, and he mentored several renowned doctoral students, including Hal Varian, Philip J. Cook, W. Brian Arthur, and Tiago Ribeiro.
Daniel McFadden has had a significant impact on the fields of economics and econometrics and has played a vital role in shaping the academic landscape in the United States.