Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990

Harry M. Markowitz

Photo from the Nobel Foundation archive.

Prize share: 1/3

Merton H. Miller

Photo: Peter Kiar. From the Nobel Foundation archive

Prize share: 1/3

William F. Sharpe

Photo from the Nobel Foundation archive.

Prize share: 1/3

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990 was awarded jointly to Harry M. Markowitz, Merton H. Miller and William F. Sharpe "for their pioneering work in the theory of financial economics"

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MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990. NobelPrize.org. Nobel Prize Outreach 2025. Fri. 5 Dec 2025. <https://www.nobelprize.org/prizes/economic-sciences/1990/summary/>

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