|
Year
|
Nationality
|
Reason for Award
|
Winner
|
|
2016
|
Finnish
|
"for their contributions to contract theory"
|
Bengt Holmstrom
|
|
British, American
|
Oliver Hart
|
|
2015
|
British, American
|
"for his analysis of consumption, poverty, and welfare"
|
Angus Deaton
|
|
2014
|
French
|
"for his analysis of market power and regulation"
|
Jean Tirole
|
|
2013
|
American
|
"for their empirical analysis of asset prices"
|
Eugene F. Fama
|
|
American
|
Lars Peter Hansen
|
|
American
|
Robert J. Shiller
|
|
2012
|
American
|
"for the theory of stable allocations and the practice of market design"
|
Alvin E. Roth
|
|
American
|
Lloyd S. Shapley
|
|
2011
|
American
|
"for their empirical research on cause and effect in the macroeconomy"
|
Thomas J. Sargent
|
|
American
|
Christopher A. Sims
|
|
2010
|
Cypriot/British
|
"for their analysis of markets with search frictions"
|
Chistopher A. Pissarides
|
|
American
|
Peter A. Diamond
|
|
American
|
Dale T. Mortensen
|
|
2009
|
American
|
"for her analysis of economic governance, especially the commons"
|
Elinor Ostrom
|
|
2009
|
American
|
"for his analysis of economic governance, especially the boundaries of the firm"
|
Oliver E. Williamson
|
|
2008
|
American
|
"for his analysis of trade patterns and location of economic activity"
|
Paul Krugman
|
|
2007
|
Polish
|
"for having laid the foundations of mechanism design theory"
|
Leonid Hurwicz
|
|
American
|
Eric S. Maskin
|
|
American
|
Roger B. Myerson
|
|
2006
|
American
|
"for his analysis of intertemporal tradeoffs in macroeconomic policy"
|
Edmund S. Phelps
|
|
2005
|
Israeli/American
|
"for having enhanced our understanding of conflict and cooperation through game-theory analysis"
|
Robert J. Aumann
|
|
American
|
Thomas C. Schelling
|
|
2004
|
Norwegian
|
"for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles"
|
Finn E. Kydland
|
|
American
|
Edward C. Prescott
|
|
2003
|
American
|
"for methods of analyzing economic time series with time-varying volatility (ARCH)"
|
Robert F. Engle III
|
|
2003
|
British
|
"for methods of analyzing economic time series with common trends (cointegration)"
|
Clive W.J. Granger
|
|
2002
|
Israeli, American
|
"for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty"
|
Daniel Kahneman
|
|
2002
|
American
|
"for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms"
|
Vernon L. Smith
|
|
2001
|
American
|
"for their analyses of markets with asymmetric information"
|
George A. Akerlof
|
|
American
|
A. Michael Spence
|
|
American
|
Joseph E. Stiglitz
|
|
2000
|
American
|
"for his development of theory and methods for analyzing selective samples"
|
James J. Heckman
|
|
2000
|
American
|
"for his development of theory and methods for analyzing discrete choice"
|
Daniel L. McFadden
|
|
1999
|
Canadian
|
"for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas"
|
Robert A. Mundell
|
|
1998
|
Indian
|
"for his contributions to welfare economics"
|
Amartya Sen
|
|
1997
|
Canadian/American
|
"for a new method to determine the value of derivatives"
|
Myron S. Scholes
|
|
American
|
Robert C. Merton
|
|
1996
|
British
|
"for their fundamental contributions to the economic theory of incentives under asymmetric information"
|
James Mirrlees
|
|
Canadian
|
William Vickrey
|
|
1995
|
American
|
"for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy"
|
Robert E. Lucas Jr.
|
|
1994
|
Hungarian/American
|
"for their pioneering analysis of equilibria in the theory of non-cooperative games"
|
John C. Harsanyi
|
|
American
|
Reinhard Selten
|
|
German
|
John F. Nash Jr.
|
|
1993
|
American
|
"for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"
|
Douglass C. North
|
|
American
|
Robert W. Fogel
|
|
1992
|
American
|
"for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour"
|
Gary S. Becker
|
|
1991
|
British
|
"for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy"
|
Ronald H. Coase
|
|
1990
|
American
|
"for their pioneering work in the theory of financial economics"
|
Harry Markowitz
|
|
American
|
Merton Miller
|
|
American
|
William F. Sharpe
|
|
1989
|
Norwegian
|
"for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures"
|
Trygve Haavelmo
|
|
1988
|
French
|
"for his pioneering contributions to the theory of markets and efficient utilization of resources"
|
Maurice Allais
|
|
1987
|
American
|
"for his contributions to the theory of economic growth"
|
Robert M. Solow
|
|
1986
|
American
|
"for his development of the contractual and constitutional bases for the theory of economic and political decision-making"
|
James M. Buchanan Jr.
|
|
1985
|
Italian
|
"for his pioneering analyses of saving and of financial markets"
|
Franco Modigliani
|
|
1984
|
British
|
"for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis"
|
Richard Stone
|
|
1983
|
French, American
|
"for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium"
|
Gerard Debreu
|
|
1982
|
American
|
"for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation"
|
George J. Stigler
|
|
1981
|
American
|
"for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices"
|
James Tobin
|
|
1980
|
American
|
"for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies"
|
Lawrence R. Klein
|
|
1979
|
American
|
"for their pioneering research into economic development research with particular consideration of the problems of developing countries"
|
Theodore Schultz
|
|
Saint Lucian
|
Sir Arthur Lewis
|
|
1978
|
American
|
"for his pioneering research into the decision-making process within economic organizations"
|
Herbert A. Simon
|
|
1977
|
British
|
"for their pathbreaking contribution to the theory of international trade and international capital movements"
|
James Meade
|
|
Swedish
|
Bertil Ohlin
|
|
1976
|
American
|
"for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy"
|
Milton Friedman
|
|
1975
|
Soviet
|
"for their contributions to the theory of optimum allocation of resources"
|
Leonid Vitaliyevich Kantorovich
|
|
Dutch, American
|
Tjalling Koopmans
|
|
1974
|
Sweden
|
"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"
|
Gunnar Myrdal
|
|
Austrian, British
|
Friedrich August von Hayek
|
|
1973
|
American/Russian
|
"for the development of the input-output method and for its application to important economic problems"
|
Wassily Leontief
|
|
1972
|
British
|
"for their pioneering contributions to general economic equilibrium theory and welfare theory"
|
John R. Hicks
|
|
American
|
Kenneth J. Arrow
|
|
1971
|
American
|
"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"
|
Simon Kuznets
|
|
1970
|
American
|
"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"
|
Paul A Samuelson
|
|
1969
|
Norwegian
|
"for having developed and applied dynamic models for the analysis of economic processes"
|
Ragnar Frisch
|
|
Dutch
|
Jan Tinbergen
|
