Nobel Prize
Laureates: Economic
Sciences Nobel Prize
Laureates: Economic
SciencesBack to Home 
You can visit the Nobel e-Museum, that includes Autobiography, Curriculum Vitae, videos... of many of the Laureates.
A list of the laureates is provided here.
Prize Laureate Motivation
Economic Sciences 1969
-FRISCH, RAGNAR
-TINBERGEN, JAN
"for having developed and applied dynamic models for the analysis of economic processes"
Economic Sciences 1970
-SAMUELSON, PAUL A
"for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science"
Economic Sciences 1971
-KUZNETS, SIMON
"for his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development"
Economic Sciences 1972
-HICKS, Sir JOHN R.
-ARROW, KENNETH J.
"for their pioneering contributions to general economic equilibrium theory and welfare theory"
Economic Sciences 1973
-LEONTIEF, WASSILY
"for the development of the input-output method and for its application to important economic problems"
Economic Sciences 1974
-MYRDAL, GUNNAR
-VON HAYEK, FRIEDRICH AUGUST
"for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena"
Economic Sciences 1975
-KANTOROVICH, LEONID VITALIYEVICH
-KOOPMANS, TJALLING C.,
"for their contributions to the theory of optimum allocation of resources"
Economic Sciences 1976
-FRIEDMAN, MILTON
"for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy"
Economic Sciences 1977
-OHLIN, BERTIL
-MEADE, JAMES E
"for their pathbreaking contribution to the theory of international trade and international capital movements"
Economic Sciences 1978
-SIMON, HERBERT A.
"for his pioneering research into the decision-making process within economic organizations"
Economic Sciences 1979
-SCHULTZ, THEODORE W.
-LEWIS, Sir ARTHUR
"for their pioneering research into economic development research with particular consideration of the problems of developing countries"
Economic Sciences 1980
-KLEIN, LAWRENCE R.
"for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies"
Economic Sciences 1981
-TOBIN, JAMES
"for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices"
Economic Sciences 1982
-STIGLER, GEORGE J.
"for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation"
Economic Sciences 1983
-DEBREU, GERARD
"for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium"
Economic Sciences 1984
-STONE, Sir RICHARD
"for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis"
Economic Sciences 1985
-MODIGLIANI, FRANCO
"for his pioneering analyses of saving and of financial markets"
Economic Sciences 1986
-BUCHANAN, Jr., JAMES M.
"for his development of the contractual and constitutional bases for the theory of economic and political decision-making"
Economic Sciences 1987
-SOLOW, ROBERT M.
"for his contributions to the theory of economic growth"
Economic Sciences 1988
-ALLAIS, MAURICE
"for his pioneering contributions to the theory of markets and efficient utilization of resources"
Economic Sciences 1989
-HAAVELMO, TRYGVE
"for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures"
Economic Sciences 1990
-MARKOWITZ, HARRY M.
-MILLER, MERTON H.
-SHARPE, WILLIAM F.
"for their pioneering work in the theory of financial economics"
Economic Sciences 1991
-COASE, RONALD H.
"for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy"
Economic Sciences 1992
-BECKER, GARY S.
"for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour"
Economic Sciences 1993
-FOGEL, ROBERT W.
-NORTH, DOUGLASS C.
"for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"
Economic Sciences 1994
-HARSANYI, JOHN C.
-NASH, JOHN F.
-SELTEN, REINHARD
"for their pioneering analysis of equilibria in the theory of non-cooperative games"
Economic Sciences 1995
-LUCAS Jr., ROBERT E.
"for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy"
Economic Sciences 1996
-MIRRLEES, JAMES A.
-VICKREY, WILLIAM
"for their fundamental contributions to the economic theory of incentives under asymmetric information"
Economic Sciences 1997
-MERTON, ROBERT C.
-SCHOLES, MYRON S.
"for a new method to determine the value of derivatives"
Economic Sciences 1998
-SEN, AMARTYA
"for his contributions to welfare economics"
Economic Sciences 1999
-MUNDELL, ROBERT A.
"for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas."
Economic Sciences 2000
James J. Heckman, Daniel L. McFadden
"for their development of theory and methods for analyzing discrete choice"
Economic Sciences 2001
George A. Akerlof, A. Michael Spence, Joseph E. Stiglitz
"for their analyses of markets with asymmetric information"
Economic Sciences 2002
Daniel Kahneman
"for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty"
Vernon L. Smith
"for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms"
Economic Sciences 2003
Robert F. Engle III
"for methods of analyzing economic time series with time-varying volatility (ARCH)"
Clive W. J. Granger
"for methods of analyzing economic time series with common trends (cointegration)"
Economic Sciences 2004
Finn E. Kydland, Edward C. Prescott
"for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles"
Economic Sciences 2005
Robert J. Aumann y Thomas C. Schelling
"for having enhanced our understanding of conflict and cooperation through game-theory analysis"
Economic Sciences 2006
Edmund S. Phelps
"for his analysis of intertemporal tradeoffs in macroeconomic policy"
Economic Sciences 2007
Leonid Hurwicz, Eric S. Maskin y Roger B. Myerson
"for having laid the foundations of mechanism design theory"
Economic Sciences 2008
Paul Krugman
"for his analysis of trade patterns and location of economic activity"
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