Nobel Prize in Economics Winners

Names of the laureates of The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
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Last updated: May 23, 2019
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First submittedMarch 26, 2019
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2018
"for integrating technological innovations into long-run macroeconomic analysis"
Paul Romer
2018
"for integrating climate change into long-run macroeconomic analysis"
William Nordhaus
2017
"for his contributions to behavioural economics"
Richard Thaler
2016
"for their contributions to contract theory"
Oliver Hart
2016
"for their contributions to contract theory"
Bengt Holmström
2015
"for his analysis of consumption, poverty, and welfare"
Angus Deaton
2014
"for his analysis of market power and regulation"
Jean Tirole
2013
"for their empirical analysis of asset prices."
Robert Shiller
2013
"for their empirical analysis of asset prices."
Lars Peter Hansen
2013
"for their empirical analysis of asset prices."
Eugene Fama
2012
"for the theory of stable allocations and the practice of market design."
Alvin Roth
2012
"for the theory of stable allocations and the practice of market design."
Lloyd Shapley
2011
"for their empirical research on cause and effect in the macroeconomy"
Christopher Sims
2011
"for their empirical research on cause and effect in the macroeconomy"
Thomas Sargent
2010
"for their analysis of markets with search frictions"
Christopher Pissarides
2010
"for their analysis of markets with search frictions"
Dale Mortensen
2010
"for their analysis of markets with search frictions"
Peter Diamond
2009
"for her analysis of economic governance, especially the commons"
Elinor Ostrom
2009
"for his analysis of economic governance, especially the boundaries of the firm"
Oliver Williamson
2008
"for his analysis of trade patterns and location of economic activity"
Paul Krugman
2007
"for having laid the foundations of mechanism design theory"
Roger Myerson
2007
"for having laid the foundations of mechanism design theory"
Eric Maskin
2007
"for having laid the foundations of mechanism design theory"
Leonid Hurwicz
2006
"for his analysis of intertemporal tradeoffs in macroeconomic policy"
Edmund Phelps
2005
"for having enhanced our understanding of conflict and cooperation through game-theory analysis."
Thomas Schelling
2005
"for having enhanced our understanding of conflict and cooperation through game-theory analysis."
Robert Aumann
2004
"for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."
Edward Prescott
2004
"for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."
Finn Kydland
2003
"for methods of analyzing economic time series with common trends (cointegration)"
Clive Granger
2003
"for methods of analyzing economic time series with time-varying volatility (ARCH)"
Robert Engle
2002
"for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms"
Vernon Smith
2002
"for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty"
Daniel Kahneman
2001
"for their analyses of markets with asymmetric information"
George Akerlof
2001
"for their analyses of markets with asymmetric information"
Michael Spence
2001
"for their analyses of markets with asymmetric information"
Joseph Stiglitz
2000
"for his development of theory and methods for analyzing discrete choice"
Daniel McFadden
2000
"for his development of theory and methods for analyzing selective samples"
James Heckman
1999
"for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas"
Robert Mundell
1998
"for his contributions to welfare economics"
Amartya Sen
1997
"for a new method to determine the value of derivatives."
Robert Merton
1997
"for a new method to determine the value of derivatives."
Myron Scholes
1996
"for their fundamental contributions to the economic theory of incentives under asymmetric information"
William Vickrey
1996
"for their fundamental contributions to the economic theory of incentives under asymmetric information"
James Mirrlees
1995
"for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy"
Robert Lucas
1994
"for their pioneering analysis of equilibria in the theory of non-cooperative games."
Reinhart Selten
1994
"for their pioneering analysis of equilibria in the theory of non-cooperative games."
John Nash
1994
"for their pioneering analysis of equilibria in the theory of non-cooperative games."
John Harsanyi
1993
"for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"
Douglas North
1993
"for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change"
Robert Fogel
1992
"for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including non-market behaviour"
Gary Becker
1991
"for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy"
Ronald Coase
1990
"for their pioneering work in the theory of financial economics"
William Sharpe
1990
"for their pioneering work in the theory of financial economics"
Merton Miller
1990
"for their pioneering work in the theory of financial economics"
Harry Markowitz
1989
"for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures"
Trygve Haavelmo
1988
"for his pioneering contributions to the theory of markets and efficient utilization of resources"
Maurice Allais
1987
"for his contributions to the theory of economic growth"
Robert Solow
1986
"for his development of the contractual and constitutional bases for the theory of economic and political decision-making"
James Buchanan
1985
"for his pioneering analyses of saving and of financial markets"
Franco Modigliani
1984
"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
"for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium"
Gerard Debreu
1982
"for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation"
George Stigler
1981
"for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices"
James Tobin
1980
"for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies"
Lawrence Klein
1979
"for their pioneering research into economic development research with particular consideration of the problems of developing countries."
Arthur Lewis
1979
"for their pioneering research into economic development research with particular consideration of the problems of developing countries."
Theodore Schultz
1978
"for his pioneering research into the decision-making process within economic organizations"
Herbert Simon
1977
"for their pathbreaking contribution to the theory of international trade and international capital movements"
James Meade
1977
"for their pathbreaking contribution to the theory of international trade and international capital movements"
Bertil Ohlin
1976
"for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilisation policy"
Milton Friedman
1975
"for their contributions to the theory of optimum allocation of resources"
Tjalling Koopmans
1975
"for their contributions to the theory of optimum allocation of resources"
Leonid Kantorovich
1974
"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."
Friedrich Hayek
1974
"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
1973
"for the development of the input-output method and for its application to important economic problems"
Wassily Leontief
1972
"for their pioneering contributions to general economic equilibrium theory and welfare theory."
Kenneth Arrow
1972
"for their pioneering contributions to general economic equilibrium theory and welfare theory."
John Hicks
1971
"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
"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 Samuelson
1969
"for having developed and applied dynamic models for the analysis of economic processes"
Jan Tinbergen
1969
"for having developed and applied dynamic models for the analysis of economic processes"
Ragnar Frisch
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