Ronald H. Coase
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991
Born: 29 December 1910, Willesden, United Kingdom
Died: 2 September 2013, Chicago, IL, USA
Affiliation at the time of the award: University of Chicago, Chicago, IL, USA
Prize motivation: "for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy."
Contribution: Important contributions on the borderline between economics, law and organization.
Prize share: 1/1
Their work and discoveries range from the formation of black holes and genetic scissors to efforts to combat hunger and develop new auction formats.
See them all presented here.