Readers & Thinkers: The 2014 Nobel Prize in Economics. Market Behavior and Remedies
Dear All: Well, who won? The Nobel prize for economic sciences for 2014 was announced today, October 13, 2014. It went to Jean Tirole. Tirole is 61 years old, born in France and Scientific Director at the Institut d’Economie Industrielle in Toulouse, France. Much of his key work was done while a professor at the Massachusetts Institute of Technology. He obtained his engineering degree from Ecole Polytechnique and his Ph.D. in economics from the Massachusetts Institute of Technology. Tirole was expected to win the Nobel prize one day. He...
read moreReaders & Thinkers: The 2014 Nobel Prize in Economics. Prediction
Dear All: The 2014 Nobel prize for economic sciences will be announced on Monday, October 13, 2014. Last Year’s Winner Last year, the prize was given to Eugene Fama, Lars Hansen, and Robert Shiller for their empirical analysis of asset prices. Who will win in 2014? The pool of obvious candidates has considerably thinned and thus it’s becoming increasingly more difficult to pick the winners in any given year. History and development are fields that could possibly win and William Baumol and Dale Jorgenson aren’t getting any younger....
read moreReaders & Thinkers: The 2013 Nobel Prize in Economics. Testing Market Efficiency
Dear All: Well, who won? The Nobel prize for economic sciences for 2013 was announced today, October 14, 2013. It went to three people Eugene Fama, Robert Shiller, and Lars Hansen. Fama is 74 years old, born in Boston, Massachusetts and a Professor at the University of Chicago. Most of his important work was done at the University of Chicago. He obtained his BA from Tufts University and his Ph.D. in economics from the University of Chicago. Shiller is 67 years old, and is currently a Professor at Yale University. Most of his important...
read moreReaders & Thinkers: The 2013 Nobel Prize in Economics. Prediction
Dear All: The 2013 Nobel prize for economic sciences will be announced on Monday, October 13, 2013. Last Year’s Winner Last year, the prize was given to Alvin Roth and Lloyd Shapley for the theory of stable allocations and the practice of market design. Who will win in 2013? To be honest, I have no clue. My past pre- and post- analyses can be found at: (https://ludwigbc.com/blog/readers-and-thinkers/). Before telling you who I think will win, I will tell you who others think will win. 1. Harvard Betting Pool. Unfortunately this was closed...
read moreReaders & Thinkers: The 2012 Nobel Prize in Economics. When Prices are Hidden
Dear All: Well, who won? The Nobel prize for economic sciences for 2012 was announced today, October 15, 2012. It went to two people Alvin Roth and Lloyd Shapley. Shapley is 90 years old, born in Cambridge, Massachusetts and a Professor at UCLA. Most of his important work was done at the Rand Corporation. He obtained his BA from Harvard and his Ph.D. in mathematics from Princeton University. Roth is 60 years old, and is currently a Professor at Stanford University. Most of his important work was done at Pittsburgh University and Harvard. ...
read moreReaders & Thinkers: The 2012 Nobel Prize in Economics. Prediction
Dear All: The 2012 Nobel prize for economic sciences will be announced on Monday, October 15, 2012. Last Year’s Winner Last year, the prize was given to Thomas Sargent and Chris Sims for their empirical research on cause and effect in the macroeconomy. Who will win in 2012? To be honest, I have no clue. My past pre and post analysis can be found at: (https://ludwigbc.com/blog/readers-and-thinkers/). Thompson Reuters predicts that either Atkinson and Deaton should win for their empirical contributions to savings and consumption cycles or that...
read moreReaders & Thinkers: The 2011 Nobel Prize in Economics. Assume Nothing
Dear All: Well, who won? The Nobel prize for economic sciences for 2011 was announced today, October 10, 2011. It went to two people: Thomas Sargent and Christopher Sims. Sargent is 68 years old, born in Pasadena, CA and a Professor at NYU and the Hoover Institute. Most of his important work was done at the University of Minnesota. He obtained his BA from UC Berkeley and his Ph.D. in economics from Harvard University. Sims is 68 years old, born in Washington D.C. and a Professor at Princeton University. Most of his important work was done...
read moreReaders & Thinkers: The 2011 Nobel Prize in Economics. Prediction
Dear All: The 2011 Nobel prize for economic sciences will be announced on Monday, October 10, 2011. Background For those who are new on my Readers & Thinkers list, I have been predicting and following the Nobel prize in economics for many years now for the fun of it. My past pre and post analysis can be found at: (https://ludwigbc.com/blog/readers-and-thinkers/). If you would like to send me your predictions, I will share it with the group when the prize has been awarded. Last Year’s Winner Last year, the prize was given to Peter Diamond...
read moreReaders & Thinkers: The 2010 Nobel Prize in Economics. Take this Job and Shove it
Dear All: Well, who won? The Nobel prize for economic sciences for 2010 was announced today, October 11, 2010. It went to three people that all worked in the field of search and matching. Peter Diamond is 70 years old, born in New York City and is a Professor of Economics at MIT. He obtained his BA from Yale and his Ph.D. in economics from MIT. Dale Mortensen is 71 years old, born in Enterprise, Oregon and is a Professor at Northwestern University. He obtained his BA from Willamette and his Ph.D. from Carnegie-Mellon. Christopher Pissarides...
read moreReaders & Thinkers: The 2010 Nobel Prize in Economics. Prediction
Dear All: The 2010 Nobel prize for economic sciences will be announced on Monday, October 11, 2010. Background For those who are new on my Readers & Thinkers list, I have been predicting and analyzing the Nobel prize in economics for many years now for the fun of it. Although my predictions have been quite accurate in the past, I no longer feel like I know who’s going to be a slam dunk win. Last Year’s Winner Last year, the prize was given to Oliver Williamson (my second choice for the Nobel) “for his analysis of economic...
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