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Collage of Prize in Economic Sciences Laureates

2014 Prize in Economic Sciences will be announced in:

26 days

Monday 13 October, 11:45 a.m.


Quick Facts

Founded: 1969
Awards: 45 Prizes to 74 Laureates
Prizes to one Laureate only: 22
Awarded women: 1

More facts on the Prize in Economic Sciences
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 74 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?

45

Prizes in Economic Sciences have been awarded since 1969.

22

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

Popular Videos with Laureates in Economic Sciences

John Nash

"I Knew I Had a Good Idea"

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.


Daniel Kahneman

"We Studied Intuitions"

Daniel Kahneman, awarded the 2002 Prize, integrated insights from psychology into economics, thereby laying the foundation for a new field of research. His held his Prize Lecture Maps of Bounded Rationality on 8 December 2002.


Elonor Ostrom

A Deeper Understanding of Economic Governance

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


"I Will Try to Retrace the Steps"

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.