Keywords

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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was set up by the Swedish central bank in 1968. The last ten recipients of the prize, worth 8m. Sw. kr. in 2016 (unchanged since 2012, although down from 10m. Sw. kr. for the previous 11 years), are:

2007 – Leonid Hurwicz (Poland/USA), Eric S. Maskin (USA) and Roger B. Myerson (USA) for having laid the foundations of mechanism design theory.

2008 – Paul Krugman (USA) for his analysis of trade patterns and location of economic activity.

2009 – Elinor Ostrom (USA) for her analysis of economic governance, especially the commons, and Oliver E. Williamson (USA) for his analysis of economic governance, especially the boundaries of the firm.

2010 – Peter A. Diamond (USA), Dale T. Mortensen (USA) and Christopher A. Pissarides (Cyprus) for their analysis of markets with search frictions.

2011 – Thomas J. Sargent (USA) and Christopher A. Sims (USA) for their empirical research on cause and effect in macroeconomy.

2012 – Alvin E. Roth (USA) and Lloyd S. Shapley (USA) for the theory of stable allocations and the practice of market design.

2013 – Eugene Fama (USA), Lars Peter Hansen (USA) and Robert J. Shiller (USA) for their empirical analysis of asset prices.

2014 – Jean Tirole (France) for his analysis of market power and regulation.

2015 – Sir Angus Deaton (UK/USA) for his analysis of consumption, poverty and welfare.

2016 – Oliver Hart (UK/USA) and Bengt Holmström (Finland) for their contributions to contract theory.