Friday, October 4, 2013

Forecasting the 2013 Nobel Prize in Economics

The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel (aka the Nobel Prize in Economics) will be announced on Monday, October 14, 2013. Of the 70 men and 1 woman who have won the award outright or shared in it since the prize began in 1969, 48 have been Americans. The leading university homes of the winners include the University of Chicago (10), followed by the University of California-Berkeley (5), Harvard (5), Columbia (4), and Cambridge University, England (4).
Now, let's see how well you can forecast. Who will be awarded the 2013 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 submits identical guesses, the earlier time stamp 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 14.

Congratulations to Eugene Fama (Chicago), Lars Hansen (Chicago), and Robert Shiller (Yale) as this year's winners of the Nobel Prize for Economic Sciences for their "empirical analysis of asset prices."

Unfortunately, no one forecasted any of the three to win this year's prize.