{"id":142,"date":"2018-01-09T12:27:27","date_gmt":"2018-01-09T17:27:27","guid":{"rendered":"https:\/\/carleton.ca\/keirarmstrong\/?page_id=142"},"modified":"2025-12-03T15:11:46","modified_gmt":"2025-12-03T20:11:46","slug":"nobel-laureates","status":"publish","type":"page","link":"https:\/\/carleton.ca\/keirarmstrong\/learning-resources\/nobel-laureates\/","title":{"rendered":"Nobel Laureates"},"content":{"rendered":"

2025<\/a>:\u00a0 Joel Mokyr \u201cfor having identified the prerequisites for sustained growth through technological progress\u201d and Philippe Aghion and Peter Howitt \u201cfor the theory of sustained growth through creative destruction.\u201d<\/p>\n

2024<\/a>:\u00a0 Daron Acemoglu, Simon Johnson, and James A. Robinson \u201cfor studies of how institutions are formed and affect prosperity.\u201d<\/p>\n

2023<\/a>:\u00a0 Claudia Goldin \u201cfor having advanced our understanding of women\u2019s labour market outcomes.\u201d<\/p>\n

2022<\/a>:\u00a0 Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig \u201cfor research on banks and financial crises.\u201d<\/p>\n

2021<\/a>:\u00a0 David Card \u201cfor his empirical contributions to labour economics\u201d and Joshua D. Angrist and Guido W. Imbens \u201cfor their methodological contributions to the analysis of causal relationships.\u201d<\/p>\n

2020<\/a>:\u00a0 Paul R. Milgrom and Robert B. Wilson \u201cfor improvements to auction theory and inventions of new auction formats.\u201d<\/p>\n

2019<\/a>:\u00a0 Abhijit Banerjee, Esther Duflo, and Michael Kremer \u201cfor their experimental approach to alleviating global poverty.\u201d<\/p>\n

2018<\/a>:\u00a0 William D. Nordhaus \u201cfor integrating climate change into long-run macroeconomic analysis\u201d and Paul M. Romer \u201cfor integrating technological innovations into long-run macroeconomic analysis.\u201d<\/p>\n

2017<\/a>:\u00a0 Richard H.\u00a0Thaler\u00a0\u201cfor his contributions to\u00a0behavioural\u00a0economics.\u201d<\/p>\n

2016<\/a>:\u00a0 Oliver Hart and Bengt\u00a0Holmstr\u00f6m\u00a0\u201cfor their contributions to contract theory.\u201d<\/p>\n

2015<\/a>:\u00a0 Angus Deaton \u201cfor his analysis of consumption, poverty, and welfare.\u201d<\/p>\n

2014<\/a>:\u00a0 Jean\u00a0Tirole\u00a0\u201cfor his analysis of market power and regulation.\u201d<\/p>\n

2013<\/a>:\u00a0 Eugene F.\u00a0Fama, Lars Peter Hansen, and Robert J. Shiller \u201cfor their empirical analysis of asset prices.\u201d<\/p>\n

2012<\/a>:\u00a0 Alvin E. Roth and Lloyd S. Shapley \u201cfor the theory of stable allocations and the practice of market design.\u201d<\/p>\n

2011<\/a>:\u00a0 Thomas J. Sargent and Christopher A. Sims \u201cfor their empirical research on cause and effect in the\u00a0macroeconomy.\u201d<\/p>\n

2010<\/a>:\u00a0 Peter A. Diamond, Dale T. Mortensen, and Christopher A.\u00a0Pissarides\u00a0\u201cfor their analysis of markets with search frictions.\u201d<\/p>\n

2009<\/a>:\u00a0 Elinor\u00a0Ostrom\u00a0\u201cfor her analysis of economic governance, especially the commons\u201d and Oliver E. Williamson \u201cfor his analysis of economic governance, especially the boundaries of the firm.\u201d<\/p>\n

2008<\/a>:\u00a0 Paul R. Krugman \u201cfor his analysis of trade patterns and location of economic activity.\u201d<\/p>\n

2007<\/a>:\u00a0 Leonid Hurwicz,\u00a0Eric S. Maskin, and\u00a0Roger B. Myerson \u201cfor having laid the foundations of mechanism design theory.\u201d<\/p>\n

2006*<\/a>:\u00a0 Muhammad Yunus and Grameen Bank \u201cfor their efforts to create economic and social development from below.\u201d<\/p>\n

2006<\/a>:\u00a0 Edmund S. Phelps \u201cfor his analysis of intertemporal tradeoffs in macroeconomic policy.\u201d<\/p>\n

2005<\/a>:\u00a0 Robert J. Aumann and Thomas C. Schelling \u201cfor having enhanced our understanding of conflict and cooperation through game-theory analysis.\u201d<\/p>\n

2004<\/a>:\u00a0 Finn E. Kydland and Edward C. Prescott \u201cfor their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.\u201d<\/p>\n

2003<\/a>:\u00a0 Robert F. Engle \u201cfor methods of analyzing economic time series with time-varying volatility (ARCH),\u201d and Clive W. J. Granger \u201cfor methods of analyzing economic time series with common trends (cointegration).\u201d<\/p>\n

2002<\/a>:\u00a0 Daniel Kahneman \u201cfor having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty,\u201d and Vernon L. Smith \u201cfor having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms.\u201d<\/p>\n

2001<\/a>:\u00a0 George A. Akerlof, A. Michael Spence, and Joseph E. Stiglitz \u201cfor their analyses of markets with asymmetric information.\u201d<\/p>\n

2000<\/a>:\u00a0 James J. Heckman \u201cfor his development of theory and methods for analyzing selective samples,\u201d and Daniel L. McFadden \u201cfor his development of theory and methods for analyzing discrete choice.\u201d<\/p>\n

1999<\/a>:\u00a0 Robert A. Mundell \u201cfor his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas.\u201d<\/p>\n

1998<\/a>:\u00a0 Amartya Sen \u201cfor his contributions to welfare economics.\u201d<\/p>\n

1997<\/a>:\u00a0 Robert C. Merton and Myron S. Scholes \u201cfor a new method to determine the value of derivatives.\u201d<\/p>\n

1996<\/a>:\u00a0 James A. Mirrlees and William Vickrey \u201cfor their fundamental contributions to the economic theory of incentives under asymmetric information.\u201d<\/p>\n

1995<\/a>:\u00a0 Robert E. Lucas Jr. \u201cfor having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.\u201d<\/p>\n

1994<\/a>:\u00a0 John C. Harsanyi, John F. Nash, and Reinhard Selten \u201cfor their pioneering analysis of equilibria in the theory of non-cooperative games.\u201d<\/p>\n

1993<\/a>:\u00a0 Robert W. Fogel and Douglass C. North \u201cfor having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.\u201d<\/p>\n

1992<\/a>:\u00a0 Gary S. Becker \u201cfor having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour.\u201d<\/p>\n

1991<\/a>:\u00a0 Ronald H. Coase \u201cfor his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy.\u201d<\/p>\n

1990<\/a>:\u00a0 Harry M. Markowitz, Merton H. Miller, and William F. Sharpe \u201cfor their pioneering work in the theory of financial economics.\u201d<\/p>\n

1989<\/a>:\u00a0 Trygve Haavelmo \u201cfor his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures.\u201d<\/p>\n

1988<\/a>:\u00a0 Maurice Allais \u201cfor his pioneering contributions to the theory of markets and efficient utilization of resources.\u201d<\/p>\n

1987<\/a>:\u00a0 Robert M. Solow \u201cfor his contributions to the theory of economic growth.\u201d<\/p>\n

1986<\/a>:\u00a0 James M. Buchanan Jr. \u201cfor his development of the contractual and constitutional bases for the theory of economic and political decision-making.\u201d<\/p>\n

1985<\/a>:\u00a0 Franco Modigliani \u201cfor his pioneering analyses of saving and of financial markets.\u201d<\/p>\n

1984<\/a>:\u00a0 Sir Richard Stone \u201cfor having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis.\u201d<\/p>\n

1983<\/a>:\u00a0 Gerard Debreu \u201cfor having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium.\u201d<\/p>\n

1982<\/a>:\u00a0 George J. Stigler \u201cfor his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation.\u201d<\/p>\n

1981<\/a>:\u00a0 James Tobin \u201cfor his analysis of financial markets and their relations to expenditure decisions, employment, production and prices.\u201d<\/p>\n

1980<\/a>:\u00a0 Lawrence\u00a0R. Klein \u201cfor the creation of econometric models and the application to the analysis of economic fluctuations and economic policies.\u201d<\/p>\n

1979<\/a>:\u00a0 Theodore W. Schultz and Sir Arthur Lewis \u201cfor their pioneering research into economic development research with particular consideration of the problems of developing countries.\u201d<\/p>\n

1978<\/a>:\u00a0 Herbert A. Simon \u201cfor his pioneering research into the decision-making process within economic organizations.\u201d<\/p>\n

1977<\/a>:\u00a0 Bertil Ohlin and James E. Meade \u201cfor their path-breaking contribution to the theory of international trade and international capital movements.\u201d<\/p>\n

1976<\/a>:\u00a0 Milton Friedman \u201cfor his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy.\u201d<\/p>\n

1975<\/a>:\u00a0 Leonid Vitaliyevich Kantorovich and Tjalling C. Koopmans \u201cfor their contributions to the theory of optimum allocation of resources.\u201d<\/p>\n

1974<\/a>:\u00a0 Gunnar Myrdal and Friedrich August von Hayek \u201cfor their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena.\u201d<\/p>\n

1973<\/a>:\u00a0 Wassily Leontief \u201cfor the development of the input-output method and for its application to important economic problems.\u201d<\/p>\n

1972<\/a>:\u00a0 Sir John R. Hicks and Kenneth J. Arrow \u201cfor their pioneering contributions to general economic equilibrium theory and welfare theory.\u201d<\/p>\n

1971<\/a>:\u00a0 Simon Kuznets \u201cfor his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development.\u201d<\/p>\n

1970<\/a>:\u00a0 Paul A. Samuelson \u201cfor the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science.\u201d<\/p>\n

1969<\/a>:\u00a0 Ragnar Frisch and Jan Tinbergen \u201cfor having developed and applied dynamic models for the analysis of economic processes.\u201d<\/p>\n

1901*<\/a>:\u00a0 Fr\u00e9d\u00e9ric Passy for his prodigious labours over a period of half a century in the peace movement and his advocacy of international peace through the arbitration of disputes in international politics and free trade in goods.<\/p>\n","protected":false},"excerpt":{"rendered":"

2025:\u00a0 Joel Mokyr \u201cfor having identified the prerequisites for sustained growth through technological progress\u201d and Philippe Aghion and Peter Howitt \u201cfor the theory of sustained growth through creative destruction.\u201d 2024:\u00a0 Daron Acemoglu, Simon Johnson, and James A. Robinson \u201cfor studies of how institutions are formed and affect prosperity.\u201d 2023:\u00a0 Claudia Goldin \u201cfor having advanced our […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":134,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"yoast_head":"\nNobel Laureates - Keir Armstrong<\/title>\n<meta name=\"description\" content=\"2025:\u00a0 Joel Mokyr \u201cfor having identified the prerequisites for sustained growth through technological progress\u201d and Philippe Aghion and Peter Howitt \u201cfor\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carleton.ca\/keirarmstrong\/learning-resources\/nobel-laureates\/\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/carleton.ca\/keirarmstrong\/learning-resources\/nobel-laureates\/\",\"url\":\"https:\/\/carleton.ca\/keirarmstrong\/learning-resources\/nobel-laureates\/\",\"name\":\"Nobel Laureates - 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