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Jean Tirole. Photo © Studio Tchiz/TSE Photo © Studio Tchiz/TSE

2014 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 was awarded to Jean Tirole "for his analysis of market power and regulation".

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The Medal for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Registered trademark of the Nobel Foundation. © ® The Nobel Foundation.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel


Awarded to 75 Laureates since 1969


In 1968, Sveriges Riksbank (Sweden's central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The Prize is based on a donation received by the Nobel Foundation in 1968 from Sveriges Riksbank on the occasion of the Bank's 300th anniversary. The first Prize in Economic Sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.

The Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden, according to the same principles as for the Nobel Prizes that have been awarded since 1901.

Peter Englund. Peter Englund.

Who Selects the Laureates in Economic Sciences?

Peter Englund, former Secretary of the Economic Sciences Prize Committee, answers questions about the Prize in Economic Sciences.

17 frequently asked questions

Did You Know?

46

Prizes in Economic Sciences have been awarded since 1969.

23

Prizes in Economic Sciences have been awarded to one Laureate only.

1

woman have been awarded the Prize in Economic Sciences so far, Elinor Ostrom, in 2009.

51

years was the age of the youngest Laureate in Economic Sciences ever, Kenneth J. Arrow, who was awarded in 1972.

90

years was Leonid Hurwicz when he was awarded the Prize - the oldest Laureate in Economic Sciences ever.

67

is the average age of the Laureates in Economic Sciences the year they were awarded the prize.

All facts and figures about the Prize in Economic Sciences

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Established in 1969

The Prizes in Economic Sciences are given on the same principles as for the Nobel Prizes. What criteria have guided the awards so far? And what have been the main problems when selecting the Laureates?

More about the Prize in Economic Sciences

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In this interview Dr. John Nash, 1994 Laureate in Economic Sciences, talks about the impact the Prize had on his life, his talent for mathematics as a child, and shares his thoughts about the movie on his life, A Beautiful Mind.


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This short documentary presents the lives and work of 2009 Laureates Elinor Ostrom and Oliver E. Williamson.


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Paul Krugman, awarded the 2008 Prize in Economic Sciences, talked about The Increasing Returns Revolution in Trade and Geography in his Prize Lecture held on 8 December 2008.