Trygve Haavelmo
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1989

Born: 13 December 1911, Skedsmo, Norway

Died: 26 July 1999, Oslo, Norway

Affiliation at the time of the award: University of Oslo, Oslo, Norway

Prize motivation: "for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures."

Contribution: Pioneering contributions to the foundation of econometrics, i.e., methods used to estimate and test quantitative economic relations.

Prize share: 1/1