Nobel Prize

11 October 1989 THIS YEAR’S LAUREATE IN ECONOMICS SHOWED HOW ECONOMIC THEORIES CAN BE TESTED has decided to award the 1989 Alfred Nobel Memorial Prize in Economic Sciences to Professor Trygve Haavelmo, Oslo, Norway, for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures. Summary This year’s prize…

18 October 1988 has decided to award the 1988 Alfred Nobel Memorial Prize in Economic Sciences to Professor Maurice Allais, Ecole Nationale Supérieure des Mines de Paris, France, for his pioneering contributions to the theory of markets and efficient utilization of resources. One of the principal tasks of basic research in economics is to formulate…

21 October 1987 has decided to award the 1987 Alfred Nobel Memorial Prize in Economic Sciences to Professor Robert M. Solow, Massachusetts Institute of Technology, Cambridge, USA, for his contributions to the theory of economic growth. The study of the factors which permit production growth and increased welfare has been a central feature in economic…

16 October 1986 THIS YEAR’S ECONOMICS PRIZE AWARDED FOR A SYNTHESIS OF THE THEORIES OF POLITICAL AND ECONOMIC DECISION-MAKING (PUBLIC CHOICE) has decided to award the1986 Alfred Nobel Memorial Prize in Economic Sciences to Professor James McGill Buchanan, George Mason University, Virginia, USA, for his development of the contractual and constitutional bases for the theory…

18 October 1984 THIS YEAR’S PRIZE IN ECONOMICS AWARDED FOR PIONEERING WORK IN THE DEVELOPMENT OF SYSTEMS OF NATIONAL ACCOUNTS has decided to award the 1984 Alfred Nobel Memorial Prize in Economic Sciences to Professor Sir Richard Stone, University of Cambridge, United Kingdom, for having made fundamental contributions to the development of systems of national…

20 October 1982 THIS YEAR’s PRIZE IN ECONOMICS IS AWARDED FOR RESEARCH ON MARKET PROCESSES AND THE CAUSES AND EFFECTS OF PUBLIC REGULATION has decided to award the 1982 Alfred Nobel Memorial Prize in Economic Science to Professor George Stigler, University of Chicago, USA, for his seminal studies of industrial structures, functioning of markets and…

13 October 1981 THIS YEAR’s PRIZE IN ECONOMICS AWARDED FOR RESEARCH ON THE FINANCIAL SYSTEM AND ITS EFFECTS ON INFLATION AND EMPLOYMENT has decided to award the 1981 Alfred Nobel Memorial Prize in Economic Sciences to Professor James Tobin, Yale University, USA, for his analysis of financial markets and their relations to expenditure decisions, employment,…

15 October 1980 THIS YEAR’s PRIZE IN ECONOMICS AWARDED FOR EMPIRICAL ANALYSES OF BUSINESS FLUCTUATIONS has decided to award the 1980 Alfred Nobel Memorial Prize in Economic Sciences to Professor Lawrence R. Klein, University of Pennsylvania, USA, for the creation of economic models and their application to the analysis of economic fluctuations and economic policies.…

14 October 1977 THIS YEAR’s ECONOMICS PRIZE AWARDED TO BERTIL OHLIN AND JAMES MEADE has decided that the 1977 Prize in Economic Sciences in Memory of Alfred Nobel shall be shared equally by Professor Bertil Ohlin, Stockholm, Sweden, and Professor James Meade, Cambridge, UK, for their pathbreaking contributions to the theory of international trade and…

16 October 1978 STUDIES OF DECISION-MAKING LEAD TO PRIZE IN ECONOMICS has decided to award the 1978 Alfred Nobel Memorial Prize in Economic Sciences to Professor Herbert A. Simon, Carnegie-Mellon University, USA, for his pioneering research into the decision-making process within economic organizations. Simon’s scientific output goes far beyond the disciplines in which he has…