Wednesday, October 1, 2008

Nobel Prize in Economic Science

The Bank of Sweden Prize in Economic Science in Memory of Alfred Nobel (aka the Nobel Prize in Economics) will be announced on Monday, October 13, 2008. Of the 61 men who have won the award outright or shared in it since the prize began in 1969 (no woman has yet to win it), 41 have been Americans. The leading university homes of the winners include the University of Chicago (10), followed by Columbia (4), Harvard (4), University of California-Berkeley (4), and Cambridge University, England (4).

Now, let's see how well you can forecast. Who will be awarded the 2008 Nobel Prize in Economics? Your educated guess must be posted as a comment to this post before the Nobel Prize announcement is made. In the event that more than one person submit identical guesses, the earlier timestamp of the comment will determine the winner. The bonus points will be added to the winner's next exam score following the Nobel announcement on October 13.

Congratulations to Paul Krugman for winning this year's Nobel Prize in Economics. Unfortunately, nobody had guessed that Dr. Krugman would be the winner this year. Here's a nice summary of Krugman's work. In case you didn't make the connection, Krugman is a co-author (along with his wife, Robin Wells) of the Principles of Microeconomics text used in Econ 211.

2 comments:

Anonymous said...

The Nobel prize in Economics should go to Nouriel Roubini for correctly and successfully predicting the current financial crisis.

Anonymous said...

Since the likelihood of me actually guessing the winner of the Nobel Prize correctly is relatively slim, I "throw away" my vote and pick the same person I did last year, Elhanan Helpman. According to Thompson Scientific, he is a "CITATION LAUREATE IN ECONOMICS STILL IN THE RUNNING FOR THE NOBEL PRIZE." Hey, you never know - he could win.