Top 10 Nobel Prize Laureates in Economic Sciences

The Top Ten
1 Milton Friedman

1976 winner: "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy".

2 Gunnar Myrdal and Friedrich August von Hayek

1974 winners: "for 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".

3 Paul Samuelson

1970 winner: "for 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".

4 Gary Becker

1992 winner: "for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour".

5 Wassily Leontief

1973 winner: "for the development of the input-output method and for its application to important economic problems".

6 Amartya Sen

1998 winner: "for his contributions to welfare economics".

7 Daniel Kahneman

2002 winner: "for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty".

8 Robert Merton and Myron Scholes

1997 winners: "for a new method to determine the value of derivatives".

9 Angus Deaton

2015 winner: "for his analysis of consumption, poverty, and welfare".

10 Leonid Hurwicz, Eric Maskin and Roger Myerson

2007 winners: "for having laid the foundations of mechanism design theory".

The Contenders
11 Simon Kuznets

1971 winner: "for 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"

12 Bertil Ohlin and James Meade

1977 winners: "for their pathbreaking contribution to the theory of international trade and international capital movements".

13 Lawrence Klein

1980 winner: "for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies".

14 Franco Modigliani

1985 winner: "for his pioneering analyses of saving and of financial markets".

15 Harry Markowitz, Merton Miller and William Sharpe

1990 winners: "for their pioneering work in the theory of financial economics".

16 Robert Fogel and Douglass North

1993 winners: "for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change".

17 George Akerlof, A. Michael Spence and Joseph Stiglitz

2001 winners: "for their analyses of markets with asymmetric information".

18 Robert Aumann and Thomas Schelling

2005 winners: "for having enhanced our understanding of conflict and cooperation through game-theory analysis".

19 James Mirrlees and William Vickrey

1996: "for their fundamental contributions to the economic theory of incentives under asymmetric information".

20 Gerard Debreu

1983: "for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium".

21 John Nash John Forbes Nash Jr. was an American mathematician who made fundamental contributions to game theory, differential geometry, and the study of partial differential equations.
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