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2
Nobel Prize in Economics (thing)
See all of Nobel Prize in Economics
, there are 2 more in this node.
(
thing
)
by
cretog8
Sat Oct 20 2001 at 18:19:09
(See
an_mo
's writeup for prizes awarded 1969-1999.)
2000
James Heckman
"for his development of theory and methods for analyzing
selective samples
"
and
Daniel McFadden
"for his development of theory and methods for analyzing
discrete choice
"
2001
George A. Akerlof
,
A. Michael Spence
, and
Joseph E. Stiglitz
"for their analyses of markets with
asymmetric information
"
2002
Daniel Kahneman
"for having integrated insights from
psychological research into economic science
, especially concerning human judgment and
decision-making under uncertainty
"
(It is worth noting that, while Nobel prizes are not awarded posthumously, the late
Amos Tversky
would certainly have shared this prize for much of the work done jointly with Kahneman.)
and
Vernon L. Smith
"for having established
laboratory experiments as a tool in empirical economic analysis
, especially in the study of alternative
market mechanisms
"
2003
Robert F. Engle
"for methods of analyzing economic
time series
with time-varying
volatility
(
ARCH
)" (
"ARCH" stands for
AutoRegressive
Conditional
Heteroskedasticity
.
)
and
Clive W. J. Granger
"for methods of analyzing economic time series with common trends (
cointegration
)"
2004
Finn E. Kydland
and
Edward C. Prescott
"for their contributions to
dynamic macroeconomics
: the
time consistency
of economic policy and the driving forces behind
business cycles
"
2005
Robert J. Aumann
and
Thomas C. Schelling
"for having enhanced our understanding of
conflict
and
cooperation
through
game-theory
analysis"
2006
Edmund S. Phelps
"for his analysis of
intertemporal tradeoffs
in
macroeconomic
policy"
2007
Leonid Hurwicz
,
Eric S. Maskin
and
Roger B. Myerson
"for having laid the foundations of
mechanism design
theory"
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