Finn Kydland
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Finn Kydland

time consistency; rules vs discretion.

Norwegian economist and Nobel laureate known for the time-consistency problem and rules-vs-discretion framework in macroeconomic policy.

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#29Economists Who Built Frameworks
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Top 100 Economists Who Built Frameworks
Rank #29·time consistency; rules vs discretion.
Appears alongside

Top neighbors of Finn Kydland

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01
Abhijit Banerjee
RCT development framework; Poor Economics.
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02
Adam Smith
invisible hand; division of labor.
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Albert Hirschman
Exit, Voice, and Loyalty; linkages.
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Alfred Marshall
supply-and-demand; consumer surplus.
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05
Alvin Roth
market design; matching theory.
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Amartya Sen
capability approach; social choice.
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Amos Tversky
heuristics-and-biases (would-be Nobel; foundational to behavioral econ).
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08
Angus Deaton
consumption and welfare measurement.
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Last updated
10 May 2026
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