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Topic: Nobel Prize in Economics

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	W. P. Carey School of Business - Edward Prescott Nobel Prize in Economics
		Edward C. Prescott, the W. Carey Chair of Economics in the W. Carey School of Business and a senior monetary advisor at the Minneapolis Federal Reserve Bank, has been awarded the 2004 Nobel Prize in economic sciences, the first-ever Nobel Prize received by an Arizona State University scholar.
		The prize, including check for 10 million Swedish kronor (approximately $1.36 million) to be shared by the two, a gold medal and a diploma, is presented on Dec. 10, the anniversary of Nobel's death in 1896.
		In 2003 Prescott received the Erwin Plein Nemmers Prize in Economics, and in 2002 he received an academic award from the University of Rome.
	wpcarey.asu.edu /ecn/prescott_nobel.cfm (924 words)

	CNN.com
		The prestigious prizes for medicine, physics, chemistry, literature and peace were established in the will of Alfred Nobel, the Swedish industrialist and inventor of dynamite, and were first awarded in 1901.
		The economics prize was established separately in 1968 by the Swedish central bank, but it is grouped with the other awards.
		The prizes are always presented to the winners on Dec. 10, the anniversary of Nobel's death in 1896.
	www.cnn.com /SPECIALS/2001/nobel.100/economics.story.html (477 words)

	Papers on Pluralism in Economics: Peter Soderbaum "The Nobel Prize in Economics - barrier for new thinking", ...
		Either the award should be withdrawn or it should be admitted that the presumption of economics as value-neutral is false, writes professor of economics.
		It has been argued that economics is an established discipline comparable to physics and chemistry and with similar ideas of good science and scientific progress..
		The alternative is to admit that economics much like other social sciences has a specific ideological content and therefore belongs to the same category as the Peace Prize.
	www.paecon.net /PAEReview/pluralism/Soderbaum28.htm (1040 words)

	BBC News \| The Economy \| Canadian wins Nobel economics prize
		The five other Nobel awards - for peace, literature, medicine, physics and chemistry - were set up by a foundation after the death of Swedish entrepreneur and inventor Alfred Nobel.
		Economics, named as a Nobel memorial prize, was set up by the Swedish central bank in 1968 to commemorate its tricentennial.
		The economics prize has been dominated by the United States - which has been awarded nearly twice as many prizes (28) as the rest of the world put together (15).
	news.bbc.co.uk /1/hi/business/the_economy/472969.stm (631 words)

	Nobel Prize Winners (Site not responding. Last check: 2007-11-03)
		The Nobel Prize is awarded annually for achievements in the fields of physics, chemistry, medicine, literature, peace and economics.
		Nobel died in 1896 and the first prizes were awarded in 1901.
		However, the prize for economics was only awarded from 1968 onwards as part of an initiative by the Bank of Sweden to mark its tercentenary (300 year anniversary).
	www.bized.ac.uk /learn/economics/nobel/index.htm (140 words)

	George Akerlof a Winner of 2001 Nobel Prize in Economics
		George A. Akerlof, an economics professor at the University of California, Berkeley, was named the 2001 co-winner of the Nobel Prize in economic sciences today (10/10/01).
		The now-deceased John Harsanyi, a professor of economics and business administration, won the Nobel Prize in 1994; and Gerard Debreu, a professor emeritus of economics and mathematics, won the prize in 1983.
		Since joining UC Berkeley’s economics department in the College of Letters and Science as an assistant professor in 1966, Akerlof has been recognized for his research that borrows from sociology, psychology, anthropology and other fields to determine economic influences and outcomes.
	www.berkeley.edu /news/features/2001/nobel/index.html (1264 words)

	Nobel Prize in Economics (via CobWeb/3.1 planetlab2.cs.virginia.edu) (Site not responding. Last check: 2007-11-03)
		Economics has also been regarded as a non-experimental science, where researchers – as in astronomy or meteorology – have had to rely exclusively on field data, that is, direct observations of the real world.
		The first experiments in economics were aimed at testing what is perhaps the most fundamental result in economic theory: under perfect competition, the market price establishes an equilibrium between supply and demand at the level, where the value assigned to a good by a marginal buyer is as high as that of a marginal seller.
		Economic theory relies on the assumption that economic agents may be likened to a "homo oeconomicus".
	www.ifreeweb.org.cob-web.org:8888 /2002nobelprize.php (8263 words)

	CNN.com - U.S pair win Nobel economics prize - October 11, 2000
		The Economics Prize -- the fourth in a week of awards -- is the only one of the six Nobel Prizes not originally included in Alfred Nobel's testament.
		On Tuesday, the Nobel Prizes in physics and chemistry were won by six scientists who helped bring about the Information Revolution of ever-smaller and faster personal computers, pocket calculators, cell phones, CD players, lifelike TV screens and Gameboys.
		The chemistry prize went to Alan Heeger, 64, of the University of California-Santa Barbara, Alan MacDiarmid, 73, of the University of Pennsylvania and Hideki Shirakawa, 64, of the University of Tsukuba in Japan.
	edition.cnn.com /2000/WORLD/europe/scandinavia/10/11/nobel.economics (689 words)

	How many women have won the Economics Nobel?
		Vickrey, widely recognised as the founder of the auction theory, died shortly after the Nobel Prize announcement, and was awarded the prize posthumously.
		Similarly, the youngest recipient of the economics award was Kenneth Arrow (born in New York in 1921), who was 51 when he bagged the prize in 1972.
		In 2001, the prize was awarded to George A Akerlof, Michael Spence and Joseph E Stiglitz.
	inhome.rediff.com /money/2005/oct/10quiz.htm (749 words)

	Nobel Prize in Economics - Wikipedia, the free encyclopedia
		Prize is awarded by the Royal Swedish Academy of Sciences in accordance with the same principles as those for the other five Nobel Prizes.
		Although it was not one of the awards established in the will of Alfred Nobel, the economics laureates receive their diploma and gold medal from the Swedish monarch at the same December 10 ceremony in Stockholm as the Nobel laureates in physics, chemistry, physiology or medicine, peace and literature.
		The economics laureates, as with the laureates in chemistry and physics, are chosen by the Royal Swedish Academy of Sciences.
	en.wikipedia.org /wiki/Bank_of_Sweden_Prize_in_Economic_Sciences_in_Memory_of_Alfred_Nobel (1229 words)

	Gary S. Becker - Nobel Prize
		Parents are assumed to have preferences regarding both the number and educational level of their children, where the educational level is affected by the amount of time and other resources that parents spend on their children.
		Empirical studies related to this approach indicate that the type of crime committed by a certain group of individuals may to a large extent be explained by an individual's human capital (and hence, education).
		Discrimination is defined as a situation where an economic agent is prepared to incur a cost in order to refrain from an economic transaction, or from entering into an economic contract, with someone who is characterized by traits other than his/her own with respect to race or sex.
	home.uchicago.edu /~gbecker/Nobel/nobel.html (1780 words)

	Robert Lucas wins Nobel Prize in Economics
		Commenting on the record of Nobel Prizes won by his colleagues at the University, Lucas said, "I am very proud to be part of this tradition at Chicago.
		He was Lecturer in Economics at Chicago from 1962 to 1963 and a member of the faculty at Carnegie Mellon University from 1963 to 1974.
		He was Chairman of Economics from 1986 to 1988 and was named editor of the Journal of Political Economy in 1988, a post he continues to hold.
	chronicle.uchicago.edu /951012/lucas.shtml (949 words)

	[No title] (Site not responding. Last check: 2007-11-03)
		The modest Aumann, known as a fan of trains, was particularly touched during a reception at the Israeli embassy after receiving a set of toy trains from one of Stockholm’s Jewish community’s leading figures and warmly expressed his gratitude.
		Professor Jurgen Weibull, who presented the prize Saturday, said wars and other conflicts have caused great human suffering, but noted that while some groups are able to advance cooperation, others suffer from conflicts.
		Aumann won the Israel Prize for Economics in 1994 and was also awarded other prizes and honors by leading universities and institutions worldwide.
	www.ynetnews.com /articles/0,7340,L-3182336,00.html (427 words)

	Nobel Prize for Economics awarded for game theory research
		The 2005 Nobel Prize for Economics has been presented to two men for their work on game theories that help explain price wars and trade wars, and other economic conflicts.
		Schelling, 84, is a professor at the University of Maryland's department of economics and a professor emeritus at Harvard.
		The economics prize is worth 10 million kronor ($1.3 million US.) It is the only one of the Nobel awards not established in the will of Swedish industrialist Alfred Nobel, the inventor of dynamite.
	www.cbc.ca /money/story/2005/10/10/nobel_economics.html?ref=rss (1196 words)

	2004 Nobel Prize Winners - Economics (Site not responding. Last check: 2007-11-03)
		The two have worked together since that time and received their Nobel Prize "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles".
		For example, in times of economic downturn we would expect the price level to be falling and in times of strong economic growth we would anticipate prices rising.
		As such the explanation for a downturn in economic activity cannot, in itself, be found in the reasons why growth occurrred in the first place.
	www.bized.ac.uk /learn/economics/nobel/2004.htm (1624 words)

	Columbia News ::: Joseph Stiglitz Wins Nobel Prize for Economics: Third Economist to Win Prize in Six Years
		Columbia University Professor Joseph Stiglitz was awarded the Nobel Prize in Economics on Wednesday (10-10-01) by the Royal Swedish Academy of Sciences.
		The late William S. Vickrey was awarded the Nobel Prize in economics in 1996 and Robert Mundell received the prize three years later.
		Overall, 63 individuals who have taught or studied at Columbia University have won the Nobel Prize since it was first awarded in 1901, including 21 current or former faculty members who have won the prize for work done while at Columbia.
	www.columbia.edu /cu/news/01/10/josephStiglitz_nobel_2001.html (962 words)

	NOBEL PRIZE: Economics
		The Nobel committee's decision to honor Sen has not been without controversy.
		That decision was made during a general economic boom that drove the price of food beyond the reach of the poor.
		Yet Costa Rica, which disbanded its army and has emphasized public spending on basic health and education, has a life expectancy that is 10 years higher than that of Brazil, which has greater social inequalities and a large portion of its population living in deep poverty.
	www.cnn.com /SPECIALS/1998/nobel/economics (535 words)

	Nobel Memorial Prizes in Economics
		Rather, in the late 1960s, the Swedish central bank (Sveriges Riskbank) established a prize known as the "Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel", which is commonly shortened to Nobel Memorial Prize.
		The Memorial Prizes are not awarded by the Nobel Foundation (which awards most of the other well-known "Nobel Prizes"), but continues to be awarded by the Riksbank, although the formal ceremonies are shared.
		The first objection is that economics is either not "scientific" enough or does not contribute to "human advancement" enough to merit the prestige of an award with the Nobel name.
	cepa.newschool.edu /het/schools/nobel2.htm (1545 words)

	Nobel Memorial Prizes in Economics
		In 1896, Alfred Nobel, the Swedish industrialist and inventor of dynamite, bequeathed his fortune to a foundation to create an annual prize for person "who, during the preceding year, shall have conferred the greatest benefit on mankind." Nobel's will specified prizes in physics, chemistry, physiology/medicine, literature and peace.
		In 1969, the Swedish central bank (Sveriges Riskbank) established a prize known as the "Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel", which is commonly shortened to the Nobel Memorial Prize.
		The Nobel Memorial Prize has a similar procedure of award selection (by the Royal Swedish Academy of Sciences) as the original Nobel prizes.
	cepa.newschool.edu /het/schools/nobel.htm (2149 words)

	Engle, Granger win Nobel Prize for Economics
		American Robert F Engle and Briton Clive W J Granger on Wednesday won the 2003 Nobel Economics Prize for their work in analysing economic time series.
		The Royal Swedish Academy of Sciences decided that the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2003, would be shared between the two 'for methods of analyzing economic time series with time-varying volatility' and 'for methods of analysing economic time series with common trends (cointegration).'
		Economic time series analysisis one of the most important research areas with high significance in the present times when economic fluctuations have become more sensitive...
	www.rediff.com /money/2003/oct/08nobel.htm (602 words)

	Two Americans win Nobel economics prize - Oct. 9, 2002 (Site not responding. Last check: 2007-11-03)
		Wednesday's announcement of the economics prize was the second Nobel of the day, after the chemistry award went to John B. Fenn of the United States, Koichi Tanaka of Japan, and Kurt Wuethrich of Switzerland.
		The medicine, physics, chemistry, literature and peace prizes were established in the will of Alfred Nobel, the Swedish industrialist and inventor of dynamite, and were first awarded in 1901.
		The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel was established separately in 1968 by the Swedish central bank but is grouped with the other awards.
	money.cnn.com /2002/10/09/news/econ_nobel.ap/index.htm (508 words)

	Prescott to receive Nobel Prize during festivities
		The white tie award ceremony is held annually on Dec. 10, the anniversary of Alfred Nobel’s death, at the Concert Hall in Stockholm.
		Economics Professor Edward Prescott sits with ASU President Michael Crow during the announcement of Prescott winning the Nobel Prize for Economics.
		Prescott and Kydland were lauded by the Nobel Prize committee “for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.”
	www.asu.edu /feature/fall04/prescott-nobel.html (554 words)

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