The Royal Swedish Academy of Sciences has decided to award the Swedish National Bank Prize for Excellence in Economic Sciences in memory of Alfred Nobel to Oliver Hart and Bengt Holmström "for their contributions to contract theory". Oliver Hart was born on 9 October 1949 in London, UK. He received his PhD in 1974 from Princeton University, USA.
The Royal Swedish Academy of Sciences has decided to award the Swedish National Bank Prize for Excellence in Economic Sciences in Memory of Alfred Nobel to Angus Deaton for his "analysis of consumption, poverty and welfare". Angus Deaton was a British and American citizen, born in 1945 in Edinburgh, UK. He received his PhD in 1975 from Cambridge University in the field of consumer demand patterns in Britain.
The Royal Swedish Academy of Sciences has decided to award the Swedish National Bank Prize for Excellence in Economic Sciences in memory of Alfred Nobel to Richard Thaler "for his contributions to behavioural economics". Richard Thaler1 was born on 12 September 1945 in East Orange, New Jersey, USA. He defended his doctoral thesis on 'How much does it cost to save a life: a market valuation' in 1974 at the University of Rochester, USA.
The Royal Swedish Academy of Sciences has decided that the Swedish National Bank Prize for Excellence in Economic Sciences in Memory of Alfred Nobel for 2020 will be awarded to Paul Milgram and Robert Wilson "for improvements in auction theory and the creation of new auction formats". Paul R. Milgram1 was born in 1948 in Detroit, USA. He received his Ph.D. in 1979 from Stanford University in Cambridge, USA, on the topic of information structure in competitive bidding. He is currently a professor in the Department of Economics and the School of Business at the same university. Doctor Honoris Causa, Stockholm School of Economics (2001).
The Royal Swedish Academy of Sciences has decided to award the 2019 Swedish National Bank Prize for Excellence in Economic Sciences in Memory of Alfred Nobel to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to tackling global poverty". Abhijit Banerjee1 was born in 1961 in Mumbai, India. He defended his PhD thesis on "Reflections on Information Economics" in 1988 at Harvard University, USA.
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