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1 (of 21) Jean Tirole receiving his Prize from His Majesty King Carl XVI Gustaf of Sweden at the Stockholm Concert Hall, 10 December 2014. Copyright © Nobel Media AB 2014
Photo: Alexander Mahmoud

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2 (of 21) Jean Tirole after receiving his Prize at the Stockholm Concert Hall, 10 December 2014.

© Nobel Media AB 2014. Photo: Alexander Mahmoud

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3 (of 21) Jean Tirole receiving his Prize from His Majesty King Carl XVI Gustaf of Sweden. Copyright © Nobel Media AB 2014
Photo: Niklas Elmehed

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4 (of 21) Jean Tirole receiving his Prize. Overview from Nobel Prize Award Ceremony at the Stockholm Concert Hall, 10 December 2014. Copyright © Nobel Media AB 2014
Photo: Alexander Mahmoud

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5 (of 21) Jean Tirole with family and relatives on stage after the Nobel Prize Award Ceremony at the Stockholm Concert Hall, 10 December 2014. Copyright © Nobel Media AB 2014
Photo: Alexander Mahmoud

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6 (of 21) Jean Tirole arrives at the Nobel Banquet together with his wife, Mrs Nathalie Tirole, 10 December 2014.

© Nobel Media AB 2014. Photo: Helena Paulin-Strömberg

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7 (of 21) Minister for Foreign Affairs Margot Wallström and Jean Tirole at the table of honour at the Nobel Banquet. Copyright © Nobel Media AB 2014
Photo: Niklas Elmehed

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8 (of 21) Jean Tirole delivering his banquet speech after the dinner. Copyright © Nobel Media AB 2014
Photo: Niklas Elmehed

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9 (of 21) Jean Tirole delivering his banquet speech.

© Nobel Media AB 2014. Photo: Helena Paulin-Strömberg

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10 (of 21) The Swedish Royal Family receive the Laureates and their significant others in the Prince's Gallery after the Nobel Banquet. From left to right: Mrs Nathalie Tirole, King Carl XVI Gustaf, Her Majesty Queen Silvia and Laureate Jean Tirole.

© Nobel Media AB 2014. Photo: Niklas Elmehed

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11 (of 21) The French Nobel Laureates of 2014 with their wives assembled at the Nobel Foundation in Stockholm on 12 December 2014. From left: Jean Tirole, Mrs Dominique Modiano, Patrick Modiano and Mrs Nathalie Tirole. Copyright © Nobel Media AB 2014
Photo: Alexander Mahmoud

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12 (of 21) Ten of the thirteen Nobel Laureates of 2014 assembled at the Nobel Foundation in Stockholm on 12 December 2014. From left: Edvard I. Moser, May-Britt Moser, Shuji Nakamura, Stefan W. Hell, Patrick Modiano, Hiroshi Amano, Kailash Satyarthi, Jean Tirole, Eric Betzig and William E. Moerner. Copyright © Nobel Media AB 2014
Photo: Alexander Mahmoud

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13 (of 21) Jean Tirole delivering his Prize Lecture "Market Failures and Public Policy" in the Aula Magna, Stockholm University, 8 December 2014.

Copyright © The Royal Swedish Academy of Sciences 2014 Photo: Sara Gustavsson

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14 (of 21) Jean Tirole delivering his Prize Lecture.

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15 (of 21) Press conference at the Royal Swedish Academy of Sciences on 7 December 2014. From left: Laureate in Economic Sciences Jean Tirole, Nobel Laureates in Chemistry Eric Betzig, William E. Moerner, Stefan W. Hell, Nobel Laureates in Physics Hiroshi Amano and Shuji Nakamura.

Copyright © The Royal Swedish Academy of Sciences 2014 Photo: Markus Marcetic

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16 (of 21) Jean Tirole during a visit to the Royal Swedish Academy of Sciences in Stockholm, Sweden, on 7 December 2014.

Copyright © The Royal Swedish Academy of Sciences 2014 Photo: Markus Marcetic

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17 (of 21) At the Royal Swedish Academy of Sciences, Jean Tirole autographs posters explaining his awarded work.

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18 (of 21) Like many Laureates before him, Jean Tirole autographs a chair at Bistro Nobel at the Nobel Museum in Stockholm, 6 December 2014.

Photo: Janerik Henriksson/TT

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19 (of 21) Jean Tirole discussing with the Nobel Foundation's Executive Director Lars Heikensten at the 2014 Nobel Laureates' Get together on 6 December 2014. Copyright © Nobel Media AB 2014
Photo: Niklas Elmehed

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20 (of 21) Jean Tirole arriving at the Nobel Museum in Stockholm, Sweden, for the 2014 Nobel Laureates' Get together on 6 December 2014. Copyright © Nobel Media AB 2014
Photo: Niklas Elmehed

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21 (of 21) Portrait of Jean Tirole.

Copyright © CNRS - C. Lebedinsky