The Nobel Prize for Economics is going to the three American economists Ben Bernanke, Douglas Diamond and Philip Dybvig this year. This was announced by the Royal Swedish Academy of Sciences in Stockholm on Monday. Bernanke, the former President of the US Federal Reserve Fed, and the other two economists receive the prestigious award "for their research by banks and financial crises", as the general secretary of the Academy, Hans Ellegren, said at the announcement on the university site of the Swedish capital.
This means that all Nobel laureates for this year are known. Already last week, the names of the winners in the categories of medicine, physics, chemistry, literature and peace were gradually announced. The Nobel Prizes are traditionally presented on 10 December, the anniversary of the death of prize founder and dynamite inventor Alfred Nobel (1833-1896). All Nobel Prizes this year are again endowed with ten million Swedish kronor. This is currently the equivalent of just under 915,000 euros.
The Nobel Prize in Economics is the only one of the Nobel Prizes that does not go back to Nobel's will. It has been donated by the Swedish Reichsbank since the end of the 1960s and is therefore, strictly speaking, not one of the classic Nobel Prizes. Last year, the economists David Card, Joshua Angrist and Guido Imbens, who are researching in the USA, were honoured with the prestigious award.
In general, the Nobel Prize for Economics is very common to economists that come from the USA or do research there. The only German award winner in the category has so far been the Bonn scientist Reinhard: in 1994 he received the award together with John Nash and John Harsanyi for pioneering contributions to non -cooperative game theory.
