2014 Prize in Economic Sciences will be announced in:
Monday 13 October, 11:45 a.m.
Number: 45 Prizes to 74 Laureates
Prizes to one Laureate only: 22
Awarded women: 1
Average age of a Laureate: 67
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.
The 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded jointly to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller.
PRIZE IN ECONOMIC SCIENCES 1994 Dr. John Nash 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'.
PRIZE IN ECONOMIC SCIENCES 2002 Daniel Kahneman has integrated insights from psychology into economics, thereby laying the foundation for a new field of research. His Nobel Lecture Maps of Bounded Rationality was delivered December 8, 2002.
PRIZE IN ECONOMIC SCIENCES 2009 Elinor Ostrom has demonstrated how common property can be successfully managed by user associations. Oliver Williamson has developed a theory where business firms serve as structures for conflict resolution.