Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was set up by the Swedish central bank in 1968. The last ten recipients of the prize, worth 8m. Sw. kr. in 2015 (unchanged since 2012, although down from 10m. Sw. kr. for the previous 11 years) are: 2006 Edmund S. Phelps (USA) for his analysis of intertemporal tradeoffs in macroeconomic policy. 2007 Leonid Hurwicz (USA) Eric S. Maskin (USA) and Roger B. Myerson (USA) for having laid the foundations of mechanism design theory. 2008 Paul Krugman (USA) for his analysis of trade patterns and location of economic activity. 2009 Elinor Ostrom (USA) for her analysis of economic governance, especially the commons, and Oliver E. Williamson (USA) for his analysis of economic governance, especially the boundaries of the firm. 2010 Peter A. Diamond (USA) Dale T. Mortensen (USA) and Christopher A. Pissarides (Cyprus) for their analysis of markets with search frictions. 2011 Thomas J. Sargent (USA) and Christopher A. Sims (USA) for their empirical research on cause and effect in macroeconomy.