| Year |
|
Winner |
Winner Work |
| 2013 |
|
Eugene Fama |
for their empirical analysis of asset prices |
|
Lars Peter Hansen |
for their empirical analysis of asset prices |
|
Robert J. Shiller |
for their empirical analysis of asset prices |
| 2012 |
|
Alvin E. Roth |
for the theory of stable allocations and the practice of market design |
|
Lloyd Shapley |
for the theory of stable allocations and the practice of market design |
| 2011 |
|
Thomas J. Sargent |
for their empirical research on cause and effect in the macroeconomy |
|
Christopher A. Sims |
for their empirical research on cause and effect in the macroeconomy |
| 2010 |
|
Christopher A. Pissarides |
for their analysis of markets with search frictions |
|
Dale T. Mortensen |
for their analysis of markets with search frictions |
|
Peter Diamond |
for their analysis of markets with search frictions |
| 2009 |
|
Elinor Ostrom |
for her analysis of economic governance, especially the commons |
| 2009 |
|
Oliver E. Williamson |
for his analysis of economic governance, especially the boundaries of the firm |
| 2008 |
|
Paul Krugman |
for his analysis of trade patterns and location of economic activity |
| 2007 |
|
Leonid Hurwicz |
for having laid the foundations of mechanism design theory |
|
Roger Myerson |
for having laid the foundations of mechanism design theory |
|
Eric Maskin |
for having laid the foundations of mechanism design theory |
| 2006 |
|
Edmund Phelps |
for his analysis of intertemporal tradeoffs in macroeconomic policy |
| 2005 |
|
Robert Aumann |
for having enhanced our understanding of conflict and cooperation through game-theory analysis |
|
Thomas Schelling |
for having enhanced our understanding of conflict and cooperation through game-theory analysis |
| 2004 |
|
Finn E. Kydland |
for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles |
|
Edward C. Prescott |
for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles |
| 2003 |
|
Robert F. Engle |
for methods of analyzing economic time series with time-varying volatility (ARCH) |
| 2003 |
|
Clive Granger |
for methods of analyzing economic time series with common trends (cointegration) |
| 2002 |
|
Daniel Kahneman |
for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty |
| 2002 |
|
Vernon L. Smith |
for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms |
| 2001 |
|
George Akerlof |
for their analyses of markets with asymmetric information |
|
Joseph Stiglitz |
for their analyses of markets with asymmetric information |
|
Michael Spence |
for their analyses of markets with asymmetric information |
| 2000 |
|
James Heckman |
for his development of theory and methods for analyzing selective samples |
| 2000 |
|
Daniel McFadden |
for his development of theory and methods for analyzing discrete choice |
| 1999 |
|
Robert Mundell |
for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas |
| 1998 |
|
Amartya Sen |
for his contributions to welfare economics |
| 1997 |
|
Myron Scholes |
for a new method to determine the value of derivatives |
|
Robert C. Merton |
for a new method to determine the value of derivatives |
| 1996 |
|
William Vickrey |
for their fundamental contributions to the economic theory of incentives under asymmetric information. |
|
James Mirrlees |
for their fundamental contributions to the economic theory of incentives under asymmetric information. |
| 1995 |
|
Robert Lucas, Jr. |
for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy |
| 1994 |
|
John Harsanyi |
for their pioneering analysis of equilibria in the theory of non-cooperative games |
|
Reinhard Selten |
for their pioneering analysis of equilibria in the theory of non-cooperative games |
|
John Forbes Nash, Jr. |
for their pioneering analysis of equilibria in the theory of non-cooperative games |
| 1993 |
|
Douglass North |
for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change |
|
Robert Fogel |
for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change |
| 1992 |
|
Gary Becker |
for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour |
| 1991 |
|
Ronald Coase |
for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy |
| 1990 |
|
Merton Miller |
for their pioneering work in the theory of financial economics |
|
Harry Markowitz |
for their pioneering work in the theory of financial economics |
|
William Forsyth Sharpe |
for their pioneering work in the theory of financial economics |
| 1989 |
|
Trygve Haavelmo |
for his clarification of the probability theory foundations of econometrics and his analyses of simultaneous economic structures |
| 1988 |
|
Maurice Allais |
for his pioneering contributions to the theory of markets and efficient utilization of resources |
| 1987 |
|
Robert Solow |
for his contributions to the theory of economic growth |
| 1986 |
|
James M. Buchanan |
for his development of the contractual and constitutional bases for the theory of economic and political decision-making |
| 1985 |
|
Franco Modigliani |
for his pioneering analyses of saving and of financial markets |
| 1984 |
|
Richard Stone |
for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis. |
| 1983 |
|
Gérard Debreu |
for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium. |
| 1982 |
|
George Stigler |
for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation. |
| 1981 |
|
James Tobin |
for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices. |
| 1980 |
|
Lawrence Klein |
for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies. |
| 1979 |
|
Arthur Lewis |
for their pioneering research into economic development research with particular consideration of the problems of developing countries. |
|
Theodore Schultz |
for their pioneering research into economic development research with particular consideration of the problems of developing countries. |
| 1978 |
|
Herbert Simon |
for his pioneering research into the decision-making process within economic organizations |
| 1977 |
|
Bertil Ohlin |
for their pathbreaking contribution to the theory of international trade and international capital movements |
|
James Meade |
for their pathbreaking contribution to the theory of international trade and international capital movements |
| 1976 |
|
Milton Friedman |
for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy |
| 1975 |
|
Tjalling Koopmans |
for their contributions to the theory of optimum allocation of resources |
|
Leonid Kantorovich |
for their contributions to the theory of optimum allocation of resources |
| 1974 |
|
Gunnar Myrdal |
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. |
|
Friedrich Hayek |
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. |
| 1973 |
|
Wassily Leontief |
for the development of the input-output method and for its application to important economic problems |
| 1972 |
|
Sir John Richard Hicks |
for their pioneering contributions to general economic equilibrium theory and welfare theory |
|
Kenneth Arrow |
for their pioneering contributions to general economic equilibrium theory and welfare theory |
| 1971 |
|
Simon Kuznets |
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 |
| 1970 |
|
Paul Samuelson |
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 |
| 1969 |
|
Ragnar Anton Kittil Frisch |
for having developed and applied dynamic models for the analysis of economic processes |
|
Jan Tinbergen |
for having developed and applied dynamic models for the analysis of economic processes |
