Tuesday, October 4, 2016

Forecasting the 2016 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 11, 2016. Of the 75 men and 1 woman who have won the award outright or shared in it since the prize began in 1969, 52 have been American citizens. The leading university homes of the winners include the University of Chicago (12), 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 2016 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 11. 

Congratulations to Oliver Hart (Harvard University) and Bengt Holmstrom (MIT) as this year's winners of the Nobel Prize for Economic Sciences "for their contribution to contract theory."

Unfortunately, no one made this forecast.  Better luck next year.