The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991

Ronald H. Coase

Photo from the Nobel Foundation archive.

Prize share: 1/1

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991 was awarded to Ronald H. Coase "for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy."

To cite this section
MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991. NobelPrize.org. Nobel Media AB 2020. Sun. 31 May 2020. <https://www.nobelprize.org/prizes/economic-sciences/1991/summary/>

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

Learn more

Nobel Prizes 2019

Fifteen laureates were awarded in 2019, for achievements that have conferred the greatest benefit to humankind.

Their work and discoveries range from how cells adapt to changes in levels of oxygen to our ability to fight global poverty.

See them all presented here.
2019 Nobel Laureates

Explore prizes and laureates

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