This year, the Nobel Prize for Economics has been awarded to three US-based economists for their research on banks and financial crisis. The award has been shared by Ben S Bernanke, Douglas W Diamond and Philip H Dybvig for significantly improving “our understanding of the role of banks in the economy, particularly during financial crises,”. […]
Nobel Prize in Economics – 2022 Read More »
American economists Paul R. Milgrom and Robert B. Wilson have been awarded the 2020 Nobel Prize in economics for their contributions to auction theory, the Royal Swedish Academy of Sciences announced today. Milgrom and Wilson, who are both professors at Stanford University in California, were recognized for theoretical discoveries that improved how auctions work. According
Nobel Prize in Economics – 2020 Read More »
This year’s prestigious ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’, better known as Nobel Prize in Economics was conferred to Abhijit Banerjee, Esther Duflo and Michael Kremer. This year The Royal Swedish Academy of Sciences awarded them “for their experimental approach to alleviating global poverty.” The three awardees will also receive
Nobel Prize in Economics – 2019 Read More »
Today, it marked the 50th anniversary of the Nobel Prize in economics. The prize was awarded today to a pair of American economists, William D. Nordhaus and Paul M. Romer, for their work highlighting the importance of government policy in fostering sustainable economic growth. The prize money of 9 million Swedish krona ($1 million) will
Nobel Prize in Economics – 2018 Read More »