Category: Economics

Diamond, Mortensen, Pissarides Share 2010 Nobel Prize for Economics 2010

The Prize in Economic Sciences in Memory of Alfred Nobel 2010, was awarded to Peter A. Diamond of the MIT, Dale T. Mortensen of Northwestern University and Christopher A. Pissarides of the London School of Economics for their analysis of markets with search frictions, according to the Nobel committee. Though the theories are useful for …

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Richard Thaler, Nobel Prize for Economics 2010, just a prediction?

Who will win the Nobel Prize in economics this year? Probably Richard Thaler will be the Nobel Prize for Economics 2010. Richard H. Thaler studies behavioral economics and finance as well as the psychology of decision-making which lies in the gap between economics and psychology. He investigates the implications of relaxing the standard economic assumption …

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