Committee for the Prize in Economic Sciences in Memory of Alfred Nobel

The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is the prize committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel,[1] and fills the same role as the Nobel Committees does for the Nobel Prizes. This means that the Committee is responsible for proposing laureates for the Prize.[2] The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is appointed by the Royal Swedish Academy of Sciences. It usually consists of Swedish professors of economics or related subjects who are members of the Academy, although the Academy in principle could appoint anyone to the Committee. Two of the members of the founding committee as well as later members of the committee had also been associated with the Mont Pelerin Society.[3]

The Committee is a working body without decision power, and the final decision to award the Prize is taken by the entire Royal Swedish Academy of Sciences, after having a first discussion in the Academy's Class for Social Sciences.[2]

Nobel2008Economics news conference1
Announcement of the Alfred Nobel Memorial Prize in Economic sciences 2008

Current members

The seven members of the 2018 Prize Committee are:

Secretary

The secretary takes part in the meeting, but can not cast a vote unless the secretary is also a member of the Committee.

Former members

Economics Prize Committee members from 1969–1984[4]
Name Years Affiliation
Bertil Ohlin Chairman 1969–1974 Stockholm School of Economics
Erik Lundberg 1969–1979

Chairman 1975–1979
Associate member 1980–

Stockholm School of Economics
Ingvar Svennilson 1969–1971 University of Stockholm
Herman Wold 1969–1980 University of Uppsala

University of Gothenburg

Assar Lindbeck 1969–1994

Chairman 1980–1994[5]

University of Stockholm
Ragnar Bentzel 1975–1990

Secretary 1969–1980, 1982–

University of Uppsala
Sune Carlson 1972–1979

Associate member 1980–

University of Uppsala
Lars Werin 1980–

Secretary 1981
Associate member 1975–1979

University of Stockholm
Ingemar Ståhl 1980– University of Lund
Karl-Göran Mäler 1981– Stockholm School of Economics
  • Bengt-Christer Ysander, 1991–1992
  • Lars E. O. Svensson, 1993–2002 (chairman 1999–2002)
  • Lennart Jörberg (associate member 1993)
  • Karl Gustav Jöreskog, 1995–2001
  • Torsten Persson, 1995–2004 (chairman 2003–2004, also secretary)
  • Lars Engwall (associate member 2003–2008)
  • Jakob Svensson (associate member 2008)
Economics Prize Committee members from 1998–2008[6][7][8]
Name Years Affiliation
Jörgen Weibull 1998–2007

Chairman 2004–2007[9]

A.O. Wallenberg Professor of Economics
Stockholm School of Economics
Peter Englund 1993–1995

Secretary 1996–1997, 2002–[10]

Professor of Banking and Insurance
Stockholm School of Economics
Lars Calmfors 1996–1998, 2003–2007[11] Professor of International Economics
Stockholm University
Bertil Näslund 1999[12] Professor
Stockholm School of Economics
Per Krusell 2003–

Adjunct member 2003–2004[13]

Professor of Economics
Princeton University
Karl-Gustaf Löfgren 2002–2007

Associate member 1993–1995

Professor of Economics
Umeå University
Timo Teräsvirta 2003?- Professor of Economic Statistics (emeritus)
Stockholm School of Economics

Professor of Econometrics
School of Economics and Management, University of Aarhus[14]

Bertil Holmlund Adjunct member 1998–2001, 2005–2006

Chairman 2008[15]

Professor of Economics

Uppsala University

References

  1. ^ Royal Swedish Academy of Sciences: Committee for the Prize in Economic Sciences in Memory of Alfred Nobel, accessed 2010-05-28
  2. ^ a b Nobelprize.org: Prize Awarder for the Prize in Economics, accessed 2010-06-19
  3. ^ Offer, Avner; Söderberg, Gabriel (2016). The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn (1st ed.). Princeton University Press. pp. 104–105. |access-date= requires |url= (help)
  4. ^ Lindbeck, Assar (March 1985). "The Prize in Economic Science in Memory of Alfred Nobel". Journal of Economic Literature. 23 (1): 37–56. JSTOR 2725543.
  5. ^ Gylfason, Thorvaldur (2005-01-27). "An Interview with Assar Lindbeck" (PDF). Macroeconomic Dynamics. 10 (1): 101–130. doi:10.1017/S1365100506050024. Check date values in: |year= / |date= mismatch (help)
  6. ^ "The Economics Prize Committee: The Economics Prize Committee 2006". Nobel Foundation. Archived from the original on 2006-12-23. Retrieved 2008-01-08.
  7. ^ "The Economics Prize Committee: The Economics Prize Committee 2007". Nobel Foundation. Retrieved 2008-01-08.
  8. ^ "Kommittén för priset i ekonomisk vetenskap till Alfred Nobels minne" (in Swedish). Royal Swedish Academy of Sciences. Archived from the original on 2008-05-04. Retrieved 2008-01-09.
  9. ^ Jönsson, Peter (2007-12-17). "Jörgen Weibull: Har delat ut sitt sista pris" (in Swedish). Ekonominyheterna.se. Retrieved 2008-01-09.
  10. ^ "Peter Englund: Curriculum Vitae" (PDF). Stockholm School of Economics. Archived from the original (PDF) on 2008-02-16. Retrieved 2008-01-09.
  11. ^ "Lars Calmfors: Positions and exams". Stockholm University. Retrieved 2008-01-09.
  12. ^ "The Beauty (Pageant?) of Economics". Federal Reserve Bank of Minneapolis. Retrieved 2008-01-16.
  13. ^ "PER KRUSELL" (PDF). Princeton University. Archived from the original (PDF) on 2008-02-16. Retrieved 2008-01-09.
  14. ^ "Timo Teräsvirta". School of Economics and Management, University of Aarhus. Archived from the original on 2007-11-16. Retrieved 2008-01-09.
  15. ^ "Bertil Holmlund: Curriculum Vitae" (PDF). Department of Economics, Stockholm University. Retrieved 2008-01-09.
David Gal

David Gal is Professor of Marketing at the University of Illinois at Chicago. He is best known for his critiques of behavioral economics, and in particular his critique of the behavioral economics concept of loss aversion. His forthcoming book is titled The Power of the Status Quo.

Ingemar Ståhl

Ingemar Ståhl (June 2, 1938 – February 6, 2014) was a Swedish economist and an economics professor from Lund University.

Lars Calmfors

Lars Calmfors (born July 12, 1948 in Stockholm) is a Swedish economist and professor of international economics at the Institute for International Economic Studies at Stockholm University.He received his Ph.D. from the Stockholm School of Economics in 1978. He headed the official Swedish Government Commission on the EMU, which in 1996 recommended to wait with introducing the euro. In 2003 when Sweden held a referendum on whether to join the EMU, Calmfors advocated in favor of joining.

Calmfors has been a member of the Royal Swedish Academy of Engineering Sciences since 1993, the Royal Swedish Academy of Sciences since 1995, and a chairman of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel 1996–1998 and 2003–2007.

Since 2007 he is the president of the Swedish Fiscal Policy Council, whose task is to evaluate Swedish economic policy.

Magnus Johannesson

Gunnar Magnus Johannesson (born December 9, 1964 in Eksjö, Sweden) is a professor at the Stockholm School of Economics, as well as a member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel. He is known for his research in the field of experimental economics.

Mont Pelerin Society

The Mont Pelerin Society (MPS) is an international classical liberal organization composed of economists, philosophers, historians, intellectuals and business leaders. The members see the MPS as an effort to interpret in modern terms the fundamental principles of economic society as expressed by classical Western economists, political scientists and philosophers. Its founders included Friedrich Hayek, Frank Knight, Karl Popper, Ludwig von Mises, George Stigler and Milton Friedman. The society advocates freedom of expression, free market economic policies and the political values of an open society. Further, the society seeks to discover ways in which free enterprise can replace many functions currently provided by government entities.

Peter Englund (economist)

Peter Englund (born 4 February 1950, Stockholm), is a Swedish economist. He was professor at Uppsala University 1988-1998 and is professor at the Stockholm School of Economics since 1998.

Englund is a member of the Royal Swedish Academy of Engineering Sciences since 1997, and is a member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel, the so-called "Nobel Prize in Economics". Using mostly well-developed approaches, he researched causal links pertaining to constitution of office space pricing.

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