For their work on auctions and ‘the winner’s curse’, Stanford neigbhours Paul Milgrom and Robert Wilson have won the 2020 Nobel Prize for economics.
The surge of interest in experimental approaches in economics began in the early 1990s.
Abhijit Banerjee, Esther Duflo and Michael Kremer win the Nobel Prize for Economics ‘for their experimental approach to alleviating global poverty’.
Richard Thaler won the 2017 Nobel Prize in economics for his groundbreaking work incorporating how humans actually behave into economic thinking.
His work on behavioural economics helps us better understand why people make bad financial decisions.
Inequality was the hot button issue at the triennial meeting of the world’s top economists.
North’s work and life should be celebrated as it continues to inspire studies of economic history.
An Angus Deaton school of economics marries data collection with theory to find solutions to real-world problems.
The Nobel Prize winning mathematician made lasting contributions in the fields of game theory and topology. Famously portrayed by Russell Crowe in the movie A Beautiful Mind, he died May 23 at age 86.