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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1993
Robert W. Fogel, Douglass C. North

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Douglass C. North - Facts

Douglass C. North

Douglass C. North

Born: 5 November 1920, Cambridge, MA, USA

Affiliation at the time of the award: Washington University, St. Louis, MO, USA

Prize motivation: "for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"

Field: economic history

Contribution: Shed new light on the economic development in Europe and the United States before and in connection with the industrial revolution. He emphasized the role of property rights and institutions.

Prize share: 1/2

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MLA style: "Douglass C. North - Facts". Nobelprize.org. Nobel Media AB 2014. Web. 2 Aug 2014. <http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1993/north-facts.html>

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This Prize was established in memory of Alfred Nobel.