McFadden was born in Raleigh, North Carolina and received his B.S. in Physics at age 19 from the University of Minnesota, where he later received a Ph.D in Behavioral Science (Economics) in 1962. In 1964, he joined the faculty of the University of California, Berkeley and focused his research in areas including choice behavior and the problem of linking economic theory and measurement. In 1977, he moved to the Massachusetts Institute of Technology, where he worked until 1991 when he returned to Berkeley. He continues his research and teaching there today.
In 2000, along with co-receipent James Heckman, he won the Nobel Prize "for his development of theory and methods for analyzing discrete choice."
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