The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990
Harry M. Markowitz, Merton H. Miller, William F. Sharpe
Harry M. Markowitz
Born: 24 August 1927, Chicago, IL, USA
Affiliation at the time of the award: City University of New York, New York, NY, USA
Prize motivation: "for their pioneering work in the theory of financial economics"
Field: financial economics
Contribution: Constructed a micro theory of portfolio management for individual wealth holders.