The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
Edited by Torsten Persson (Stockholm University)
Below is a list of the Laureates in Economics during the period 1996-2000 with a description of the work awarded with the Economics Prize:
(1996) J A Mirrlees and W S Vickrey – for their fundamental contributions to the economic theory of incentives under asymmetric information;
(1997) R C Merton and M A Scholes – for a new method to determine the value of derivatives;
(1998) A K Sen – for his contributions to welfare economics;
(1999) R A Mundell – for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas;
(2000) J J Heckman – for his development of theory and methods for analyzing selective samples and D L McFadden – for his development of theory and methods for analyzing discrete choice.
380 pp
Pub. date: June 2003
ISBN 981-02-4960-8 (hardcover)
ISBN 981-02-4961-6 (paperback)
World Scientific Publishing Company
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