Readers & 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...
read moreReaders & Thinkers: The 2009 Nobel Prize in Economics. Make or Buy?
Dear All: Well, who won? The Nobel prize for economic sciences for 2009 was announced today, October 12, 2009. It went to two people Oliver Williamson and Elinor Ostrom. Williamson is 77 years old, born in Superior, Wisconsin and Professor at UC Berkeley. He obtained his BS from MIT and his Ph.D. in economics from Carnegie Mellon University. Ostrom is 76 years old, born in Los Angeles, CA and Professor at Indiana University. She obtained her BA and Ph.D. in political science from UCLA. Oliver Williamson was my 2nd pick for this year’s...
read moreReaders & Thinkers: The 2009 Nobel Prize in Economics. Prediction
Dear All: The 2009 Nobel prize for economics will be announced on Monday, October 12, 2009. Background For those who are new on my Readers & Thinkers list, I have been following the Nobel prize in economics for many years now for the fun of it. I also like to keep many people, who normally don’t think about economics and its contributions, informed. Last Year’s Winner Last year, the prize was given to Paul Krugman for “for his analysis of trade patterns and location of economic activity”. Who will win in 2009? Disclaimer: I...
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