List of Nobel Memorial Prize laureates in Economics

From Wikipedia, the free encyclopedia
The announcement of the 2008 Nobel Memorial Prize in Economic Sciences in Stockholm. The winner of the prize was Paul Krugman.

The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is awarded annually by the Royal Swedish Academy of Sciences to researchers in the field of economic sciences.[1] The first prize was awarded in 1969 to Ragnar Frisch and Jan Tinbergen.[2] Each recipient receives a medal, a diploma and a monetary award that has varied throughout the years.[3] In 1969, Frisch and Tinbergen were given a combined 375,000 SEK, which is equivalent to 2,871,041 SEK in December 2007. The award is presented in Stockholm at an annual ceremony on December 10, the anniversary of Nobel's death.[4]

As of the awarding of the 2017 prize, 49 Nobel Memorial Prizes in Economic Sciences have been given to 79 individuals.[5] Up to 2007, nine awards had been given for contributions to the field of macroeconomics, more than any other category.[6] The institution with the most affiliated laureates in economic sciences is the University of Chicago, which has 29 affiliated laureates.[7]

Laureates

Year Laureate Country Rationale Alma mater Institution (most significant tenure/at time of receipt)
1969 Uio frisch 2006 0025.jpg Ragnar Frisch  Norway "for having developed and applied dynamic models for the analysis of economic processes"[2] University of Oslo University of Oslo
Jan Tinbergen 1982.jpg Jan Tinbergen  Netherlands Leiden University Erasmus University
1970 Paul Samuelson.gif Paul Samuelson  United States "for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science"[8] Harvard University Massachusetts Institute of Technology
1971 Simon Kuznets  United States "for his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development"[9] Columbia University Harvard University
1972 John Hicks  United Kingdom "for their pioneering contributions to general economic equilibrium theory and welfare theory."[10] University of Oxford University of Oxford
Kenneth Arrow, Stanford University.jpg Kenneth Arrow  United States Columbia University Stanford University
1973 Wassily Leontief Soviet Union
 United States
"for the development of the input-output method and for its application to important economic problems"[11] University of Berlin Harvard University
1974 Gunnar Myrdal - Sveriges styresmän.jpg Gunnar Myrdal  Sweden "for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena."[12] Stockholm University Stockholm University
Friedrich Hayek portrait.jpg Friedrich Hayek  Austria
 United Kingdom
University of Vienna London School of Economics, University of Chicago
1975 Leonid Kantorovich 1975.jpg Leonid Kantorovich Soviet Union "for their contributions to the theory of optimum allocation of resources"[13] Leningrad State University Novosibirsk State University
TjallingKoopmans1967.jpg Tjalling Koopmans  Netherlands
 United States
University of Leiden University of Chicago, Yale University
1976 Portrait of Milton Friedman.jpg Milton Friedman  United States "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilisation policy"[14] Columbia University University of Chicago
1977 Bertil Ohlin.jpg Bertil Ohlin  Sweden "for their pathbreaking contribution to the theory of international trade and international capital movements"[15] Stockholm University Stockholm School of Economics
James Meade Nobel.jpg James Meade  United Kingdom University of Cambridge University of Cambridge
1978 Herbert simon red complete.jpg Herbert A. Simon  United States "for his pioneering research into the decision-making process within economic organizations"[16] University of Chicago Carnegie Mellon University
1979 Theodore Schultz receiving the Nobel Prize.jpg Theodore Schultz  United States "for their pioneering research into economic development research with particular consideration of the problems of developing countries."[17] South Dakota State University,
University of Wisconsin-Madison
University of Chicago
Arthur Lewis  Saint Lucia
 United Kingdom
London School of Economics Princeton University
1980 Lawrence Klein  United States "for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies"[18] Massachusetts Institute of Technology University of Pennsylvania
1981 James Tobin.png James Tobin  United States "for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices"[19] Harvard University Yale University
1982 George Stigler  United States "for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation"[20] University of Chicago University of Chicago
1983 Debreu, Gérard (1921-2004).jpeg Gérard Debreu  France "for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium"[21] École Normale Supérieure
University of Paris
University of California, Berkeley
1984 Richard Stone  United Kingdom "for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis"[22] University of Cambridge University of Cambridge
1985 Franco Modigliani.jpg Franco Modigliani  Italy "for his pioneering analyses of saving and of financial markets"[23] The New School for Social Research Massachusetts Institute of Technology
1986 James Buchanan by Atlas network.jpg James M. Buchanan  United States "for his development of the contractual and constitutional bases for the theory of economic and political decision-making"[24] University of Chicago George Mason University
1987 Robert Solow by Olaf Storbeck.jpg Robert Solow  United States "for his contributions to the theory of economic growth"[25] Harvard University Massachusetts Institute of Technology
1988 ALLAIS PN Maurice-24x30-2001b.jpg Maurice Allais  France "for his pioneering contributions to the theory of markets and efficient utilization of resources"[26] École Polytechnique École Nationale Supérieure des Mines de Paris, Paris Nanterre University
1989 Trygve Haavelmo.jpg Trygve Haavelmo  Norway "for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures"[27] University of Oslo University of Oslo
1990 Harry Markowitz  United States "for their pioneering work in the theory of financial economics"[28] University of Chicago City University of New York
Merton Miller Johns Hopkins University Carnegie Mellon University, University of Chicago
William sharpe 2007.jpg William F. Sharpe University of California, Los Angeles Stanford University
1991 Coase scan 10 edited.jpg Ronald Coase  United Kingdom "for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy"[29] London School of Economics University of Chicago, London School of Economics
1992 GaryBecker-May24-2008.jpg Gary Becker  United States "for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including non-market behaviour"[30] University of Chicago University of Chicago
1993 Robert William Fogel.jpg Robert Fogel  United States "for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"[31] Johns Hopkins University University of Chicago
Douglass North.jpg Douglass North University of California, Berkeley Washington University in St Louis
1994 John Harsanyi  United States "for their pioneering analysis of equilibria in the theory of non-cooperative games."[32] Stanford University University of California, Berkeley
John f nash 20061102 3.jpg John Forbes Nash Princeton University Princeton University
Reinhard Selten2.jpg Reinhard Selten  Germany Goethe University Frankfurt University of Bonn
1995 Robert Lucas, Jr.  United States "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy"[33] University of Chicago University of Chicago
1996 James Mirrlees  United Kingdom "for their fundamental contributions to the economic theory of incentives under asymmetric information"[34] University of Cambridge University of Oxford, University of Cambridge
William Vickrey  Canada
 United States
Columbia University Columbia University
1997 Robert C. Merton.jpg Robert C. Merton  United States "for a new method to determine the value of derivatives."[35] Massachusetts Institute of Technology Massachusetts Institute of Technology
Myron Scholes 2008 in Lindau.png Myron Scholes  Canada
 United States
University of Chicago Massachusetts Institute of Technology
1998 Amartya Sen 20071128 cologne.jpg Amartya Sen  India "for his contributions to welfare economics"[36] University of Cambridge Harvard University, University of Cambridge
1999 Rmundell.jpg Robert Mundell  Canada "for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas"[37] Massachusetts Institute of Technology Columbia University
2000 James Heckman.jpg James Heckman  United States "for his development of theory and methods for analyzing selective samples"[38] Princeton University University of Chicago
McFadden.jpg Daniel McFadden  United States "for his development of theory and methods for analyzing discrete choice"[38] University of Minnesota University of California Berkeley, Massachusetts Institute of Technology
2001 George Akerlof.jpg George Akerlof  United States "for their analyses of markets with asymmetric information"[39] Massachusetts Institute of Technology Georgetown University, University of California Berkeley
A Michael Spence.jpg Michael Spence Harvard University Harvard University
Joseph Stiglitz.jpg Joseph E. Stiglitz Massachusetts Institute of Technology Princeton University, Columbia University
2002 Daniel KAHNEMAN.jpg Daniel Kahneman  Israel
 United States
"for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty"[40] University of California, Berkeley Princeton University, University of British Columbia
Vernon L. Smith 2011.jpg Vernon L. Smith  United States "for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms"[40] Harvard University University of Arizona
2003 Robert F. Engle.jpg Robert F. Engle  United States "for methods of analyzing economic time series with time-varying volatility (ARCH)"[41] Cornell University University of California, San Diego
Clive Granger by Olaf Storbeck.jpg Clive Granger  United Kingdom "for methods of analyzing economic time series with common trends (cointegration)"[41] University of Nottingham University of California, San Diego
2004 Kydland.jpg Finn E. Kydland  Norway "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."[42] Carnegie Mellon University Carnegie Mellon University
Edward C. Prescott.jpg Edward C. Prescott  United States Carnegie Mellon University Carnegie Mellon University
2005 Robert Aumann 2010.jpg Robert J. Aumann  United States
 Israel
"for having enhanced our understanding of conflict and cooperation through game-theory analysis."[43] Massachusetts Institute of Technology Hebrew University of Jerusalem
Thomas Schelling.jpg Thomas C. Schelling  United States Harvard University Yale University, Harvard University
2006 Edmund Phelps 2008-01-23.jpg Edmund S. Phelps  United States "for his analysis of intertemporal tradeoffs in macroeconomic policy"[44] Yale University Columbia University
2007 Leonid Hurwicz.jpg Leonid Hurwicz  Poland
 United States
"for having laid the foundations of mechanism design theory"[45] London School of Economics University of Minnesota, Iowa State University
Eric Maskin at UCI.jpg Eric S. Maskin  United States Harvard University Harvard University
Myerson roger b print.jpg Roger B. Myerson Harvard University Northwestern University
2008 Paul Krugman-press conference Dec 07th, 2008-8.jpg Paul Krugman  United States "for his analysis of trade patterns and location of economic activity"[46] Massachusetts Institute of Technology Massachusetts Institute of Technology
2009 Nobel Prize 2009-Press Conference KVA-30.jpg Elinor Ostrom  United States "for her analysis of economic governance, especially the commons"[47] University of California, Los Angeles Indiana University
Nobel Prize 2009-Press Conference KVA-42.jpg Oliver E. Williamson "for his analysis of economic governance, especially the boundaries of the firm"[47] Carnegie Mellon University University of Pennsylvania, University of California Berkeley
2010 Peter Diamond cropped.jpg Peter A. Diamond  United States "for their analysis of markets with search frictions"[48] Massachusetts Institute of Technology Massachusetts Institute of Technology
Dale Mortensen.jpg Dale T. Mortensen Carnegie Mellon University Northwestern University
Christopher Pissarides.jpg Christopher A. Pissarides  Cyprus London School of Economics London School of Economics
2011 Nobel Prize 2011-Press Conference KVA-DSC 7770.jpg Thomas J. Sargent  United States "for their empirical research on cause and effect in the macroeconomy"[49] Harvard University Hoover Institution, University of Minnesota
Nobel Prize 2011-Press Conference KVA-DSC 7720.jpg Christopher A. Sims Harvard University University of Minnesota
2012 Al Roth, Sydney Ideas lecture 2012d.jpg Alvin E. Roth  United States "for the theory of stable allocations and the practice of market design."[50] Stanford University Stanford University, Harvard University
Shapley, Lloyd (1980) crop.jpg Lloyd S. Shapley Princeton University University of California, Los Angeles
2013 Eugene Fama at Nobel Prize, 2013.jpg Eugene F. Fama  United States "for their empirical analysis of asset prices."[51] University of Chicago University of Chicago
Lars Peter Hansen photo in 2007.jpg Lars Peter Hansen University of Minnesota University of Chicago
Robert Shiller - World Economic Forum Annual Meeting 2012.jpg Robert J. Shiller Massachusetts Institute of Technology Yale University
2014 Jean Tirole.jpg Jean Tirole  France "for his analysis of market power and regulation".[52] Massachusetts Institute of Technology Massachusetts Institute of Technology
Toulouse School of Economics
École des hautes études en sciences sociales
2015 Angus Deaton 0182.jpg Angus Deaton  United Kingdom
 United States
"for his analysis of consumption, poverty, and welfare".[53] University of Cambridge University of Bristol, Princeton University
2016 Nobel Laureates 0983 (31117127490).jpg Oliver Hart  United Kingdom
 United States
"for their contributions to contract theory".[54] Princeton University Massachusetts Institute of Technology, Harvard University
Bengt Holmström.jpg Bengt Holmström  Finland Stanford University Massachusetts Institute of Technology, Yale University
2017 Richard Thaler Chatham.jpg Richard Thaler  United States "for his contributions to behavioural economics".[55] Case Western Reserve University, University of Rochester Cornell University, University of Chicago

See also

References

Citations

  1. ^ "Nomination and Selection of the Laureates in Economics". Nobel Foundation. Archived from the original on 2008-07-15. Retrieved 2008-10-15. 
  2. ^ a b "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969". Nobel Foundation. Retrieved 2008-10-14. 
  3. ^ "The Nobel Prize". Nobel Foundation. Retrieved 2008-10-15. 
  4. ^ "The Nobel Prize Award Ceremonies". Nobel Foundation. Archived from the original on 2008-08-22. Retrieved 2008-10-07. 
  5. ^ "All Laureates in Economics". Nobel Foundation. Retrieved 2014-10-17. 
  6. ^ "Economics Table". Nobel Foundation. Retrieved 2008-10-15. 
  7. ^ "Nobel Laureates of UChicago". The University of Chicago. Retrieved 2013-10-14. 
  8. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1970". Nobel Foundation. Retrieved 2008-10-14. 
  9. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971". Nobel Foundation. Retrieved 2008-10-14. 
  10. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972". Nobel Foundation. Retrieved 2008-10-14. 
  11. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1973". Nobel Foundation. Retrieved 2008-10-14. 
  12. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974". Nobel Foundation. Retrieved 2008-10-14. 
  13. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1975". Nobel Foundation. Retrieved 2008-10-14. 
  14. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976". Nobel Foundation. Retrieved 2008-10-14. 
  15. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1977". Nobel Foundation. Retrieved 2008-10-14. 
  16. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1978". Nobel Foundation. Retrieved 2008-10-14. 
  17. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979". Nobel Foundation. Retrieved 2008-10-14. 
  18. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980". Nobel Foundation. Retrieved 2008-10-14. 
  19. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981". Nobel Foundation. Retrieved 2008-10-14. 
  20. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1982". Nobel Foundation. Retrieved 2008-10-14. 
  21. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1983". Nobel Foundation. Retrieved 2008-10-14. 
  22. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1984". Nobel Foundation. Retrieved 2008-10-14. 
  23. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1985". Nobel Foundation. Retrieved 2008-10-14. 
  24. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986". Nobel Foundation. Retrieved 2008-10-14. 
  25. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1987". Nobel Foundation. Retrieved 2008-10-14. 
  26. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1988". Nobel Foundation. Retrieved 2008-10-14. 
  27. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1989". Nobel Foundation. Retrieved 2008-10-14. 
  28. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990". Nobel Foundation. Retrieved 2008-10-14. 
  29. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991". Nobel Foundation. Retrieved 2008-10-14. 
  30. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1992". Nobel Foundation. Retrieved 2008-10-14. 
  31. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1993". Nobel Foundation. Retrieved 2008-10-14. 
  32. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1994". Nobel Foundation. Retrieved 2008-10-14. 
  33. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1995". Nobel Foundation. Retrieved 2008-10-14. 
  34. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996". Nobel Foundation. Retrieved 2008-10-14. 
  35. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997". Nobel Foundation. Retrieved 2008-10-14. 
  36. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1998". Nobel Foundation. Retrieved 2008-10-14. 
  37. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1999". Nobel Foundation. Retrieved 2008-10-14. 
  38. ^ a b "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2000". Nobel Foundation. Retrieved 2008-10-14. 
  39. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001". Nobel Foundation. Retrieved 2008-10-14. 
  40. ^ a b "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2002". Nobel Foundation. Retrieved 2008-10-14. 
  41. ^ a b "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003". Nobel Foundation. Retrieved 2008-10-14. 
  42. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004". Nobel Foundation. Retrieved 2008-10-14. 
  43. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2005". Nobel Foundation. Retrieved 2008-10-14. 
  44. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006". Nobel Foundation. Retrieved 2008-10-14. 
  45. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007". Nobel Foundation. Retrieved 2008-10-14. 
  46. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008". Nobel Foundation. Retrieved 2008-10-14. 
  47. ^ a b "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009". Nobel Foundation. Retrieved 2009-10-12. 
  48. ^ "The Prize in Economic Sciences 2010". Nobel Foundation. Retrieved 2010-10-11. 
  49. ^ "The Prize in Economic Sciences 2011". Nobel Foundation. Retrieved 2011-10-10. 
  50. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012". Nobel Foundation. Retrieved 2016-07-01. 
  51. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013". Nobel Foundation. Retrieved 2016-07-01. 
  52. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014". Nobel Foundation. Retrieved 2014-10-13. 
  53. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015". Nobel Foundation. Retrieved 2015-10-12. 
  54. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016". Nobel Foundation. Retrieved 2016-10-10. 
  55. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017". Nobel Foundation. Retrieved 2015-10-09. 

Sources

External links

  • Official website of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
  • Official website of the Royal Swedish Academy of Sciences
  • Official website of the Nobel Foundation
Retrieved from "https://en.wikipedia.org/w/index.php?title=List_of_Nobel_Memorial_Prize_laureates_in_Economics&oldid=839712135"
This content was retrieved from Wikipedia : http://en.wikipedia.org/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economics
This page is based on the copyrighted Wikipedia article "List of Nobel Memorial Prize laureates in Economics"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA