James M. Buchanan Jr.


James M. Buchanan Jr.

Photo from the Nobel Foundation archive.

James M. Buchanan Jr.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986

Born: 3 October 1919, Murfreesboro, TN, USA

Died: 9 January 2013, Blacksburg, VA, USA

Affiliation at the time of the award: Center for Study of Public Choice, Fairfax, VA, USA

Prize motivation: "for his development of the contractual and constitutional bases for the theory of economic and political decision-making."

Contribution: Contributions to the theory of political decision-making and public economics.

Prize share: 1/1

To cite this section
MLA style: James M. Buchanan Jr. – Facts. NobelPrize.org. Nobel Prize Outreach AB 2021. Thu. 2 Dec 2021. <https://www.nobelprize.org/prizes/economic-sciences/1986/buchanan/facts/>

Back to top Back To Top Takes users back to the top of the page

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.