The Nobel Prize in Economics is awarded annually and recognizes individuals in
the field of Economics. This Prize was established in memory of
Alfred Nobel by
the Sveriges Riksbank (Sweden's central bank), in 1968.
2010 |
Peter A. Diamond,
Dale T. Mortensen and
Christopher A. Pissarides |
"for their analysis of markets with search frictions" |
2009 |
Elinor Ostrom and
Oliver E. Williamson
|
"for her analysis of economic governance, especially the commons" and
"for his analysis of economic governance, especially the boundaries of the firm"
|
2008 |
Paul Krugman |
"for his analysis of trade patterns and location of economic activity" |
2008 |
Leonid Hurwicz,
Eric S. Maskin, and
Roger B. Myerson
|
"for having laid the foundations of mechanism design theory" |
2006 |
Edmund S. Phelps |
"for his analysis of intertemporal tradeoffs in macroeconomic policy"
|
2005 |
Robert J. Aumann and
Thomas C. Schelling |
"for having enhanced our understanding of conflict and cooperation through game-theory
analysis" |
2004 |
Finn E. Kydland and
Edward C. Prescott |
"for their contributions to dynamic macroeconomics: the time consistency of
economic policy and the driving forces behind business cycles" |
2003 |
Robert F. Engle III |
"for methods of analyzing economic time series with time-varying volatility
(ARCH)" |
2003 |
Clive W.J. Granger |
"for methods of analyzing economic time series with common trends (cointegration)"
|
2002 |
Daniel Kahneman |
"for having integrated insights from psychological research into economic science,
especially concerning human judgment and decision-making under uncertainty"
|
2002 |
Vernon L. Smith |
"for having established laboratory experiments as a tool in empirical economic
analysis, especially in the study of alternative market mechanisms" |
2001 |
George A. Akerlof,
A. Michael Spence, and
Joseph E. Stiglitz
|
"for their analyses of markets with asymmetric information" |
2000 |
James J. Heckman |
"for his development of theory and methods for analyzing selective samples" |
2000 |
Daniel L. McFadden |
"for his development of theory and methods for analyzing discrete choice" |
1999 |
Robert A. Mundell |
"for his analysis of monetary and fiscal policy under different exchange rate
regimes and his analysis of optimum currency areas" |
1998 |
Amartya Sen |
"for his contributions to welfare economics" |
1997 |
Robert C. Merton and
Myron S. Scholes |
"for a new method to determine the value of derivatives" |
1996 |
James A. Mirrlees and
William Vickrey |
"for their fundamental contributions to the economic theory of incentives under
asymmetric information" |
1995 |
Robert E. Lucas Jr. |
"for having developed and applied the hypothesis of rational expectations, and
thereby having transformed macroeconomic analysis and deepened our understanding
of economic policy" |
1994 |
John C. Harsanyi,
John F. Nash Jr., and
Reinhard Selten
|
"for their pioneering analysis of equilibria in the theory of non-cooperative
games" |
1993 |
Robert W. Fogel and
Douglass C. North
|
"for having renewed research in economic history by applying economic theory
and quantitative methods in order to explain economic and institutional change" |
1992 |
Gary S. Becker |
"for having extended the domain of microeconomic analysis to a wide range of
human behaviour and interaction, including nonmarket behaviour" |
1991 |
Ronald H. Coase |
"for his discovery and clarification of the significance of transaction costs
and property rights for the institutional structure and functioning of the economy" |
1990 |
Harry M. Markowitz,
Merton H. Miller, and
William F. Sharpe |
"for their pioneering work in the theory of financial economics" |
1989 |
Trygve Haavelmo |
"for his clarification of the probability theory foundations of econometrics
and his analyses of simultaneous economic structures" |
1988 |
Maurice Allais |
"for his pioneering contributions to the theory of markets and efficient utilization
of resources" |
1987 |
Robert M. Solow |
"for his contributions to the theory of economic growth" |
1986 |
James M. Buchanan Jr. |
"for his development of the contractual and constitutional bases for the theory
of economic and political decision-making" |
1985 |
Franco Modigliani |
"for his pioneering analyses of saving and of financial markets" |
1984 |
Richard Stone |
"for having made fundamental contributions to the development of systems of
national accounts and hence greatly improved the basis for empirical economic analysis" |
1983 |
Gerard Debreu |
"for having incorporated new analytical methods into economic theory and for
his rigorous reformulation of the theory of general equilibrium" |
1982 |
George J. Stigler |
"for his seminal studies of industrial structures, functioning of markets and
causes and effects of public regulation" |
1981 |
James Tobin |
"for his analysis of financial markets and their relations to expenditure decisions,
employment, production and prices" |
1980 |
Lawrence R. Klein |
"for the creation of econometric models and the application to the analysis
of economic fluctuations and economic policies" |
1980 |
|
|
1979 |
Theodore W. Schultz and
Sir Arthur Lewis |
"for their pioneering research into economic development research with particular
consideration of the problems of developing countries" |
1978 |
Herbert A. Simon |
"for his pioneering research into the decision-making process within economic
organizations" |
1977 |
Bertil Ohlin and
James E. Meade
|
"for their pathbreaking contribution to the theory of international trade and
international capital movements" |
1976 |
Milton Friedman |
"for his achievements in the fields of consumption analysis, monetary history
and theory and for his demonstration of the complexity of stabilization policy" |
1975 |
Leonid Vitaliyevich Kantorovich and
Tjalling C. Koopmans
|
"for their contributions to the theory of optimum allocation of resources" |
1974 |
Gunnar Myrdal and
Friedrich August von Hayek
|
"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" |
1973 |
Wassily Leontief |
"for the development of the input-output method and for its application to important
economic problems" |
1972 |
John R. Hicks and
Kenneth J. Arrow
|
"for their pioneering contributions to general economic equilibrium theory and
welfare theory" |
1971 |
Simon Kuznets |
"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" |
1970 |
Paul A. Samuelson |
"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" |
1969 |
Ragnar Frisch and
Jan Tinbergen
|
"for having developed and applied dynamic models for the analysis of economic
processes" |