Nobel Prize in Economics 2012: Winners Announced
“You can’t be an economist without noticing all the interesting things about how the economy works, it is natural to be interested in it and I have had the privilege to be able to study it” said Alvin A. Roth answering questions during the unexpected 4am call from Sweden. Together with Lloyd S. Shapley, Roth was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel – more commonly known as the Nobel Prize in Economics – “for the theory of stable allocations and practice of market design”. During the award speech the field was described as being “…about economic engineering, [and] how to design certain markets where the traditional market mechanism is expected to not work well.”
The Scientific Background compiled by the Economic Sciences Prize Committee of the Royal Swedish Academy of Sciences reads: “This year’s prizewinning work encompasses a theoretical framework for analyzing resource allocation, as well as empirical studies and actual redesign of real-world institutions such as labor-market clearinghouses and school admissions procedures.” The detailed information on this year’s prize and its scientific background can be found here.
If you want to congratulate Alvin A. Roth personally, you can do so in his personal blog Market Design.
Photo Credit: The Official Website of The Nobel Prize
INOMICS Releases Economics Job Market Report 2013 (Worldwide Overview)
The Report is based on a survey between April and June 2013, in which 2,380 professionals and recruiters in the academic job market for economists answered questions about salaries, international professional mobility, the value of different levels of academic degree, and other issues related to economics and finance careers. Key findings include: The highest salaries for Professorship positions are offered in Australia and the US. On average, salaries offered in European Universities are 30% lower
2014 Nobel Prize in Economics Awarded to Jean Tirole
At just after 1pm CET today, The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 was awarded to Jean Marcel Tirole of Toulouse, France. This prize, more commonly known as the Nobel Prize in Economics, was given to Dr. Tirole for his extensive work on the behavior of large companies in relation to market power and regulation.
INOMICS Officially Supports CitEc: Citations in Economics
At INOMICS we strive to offer the best resources for economists to support them in their careers. Besides providing information on jobs, courses and conferences in the economics field, in partnership with RePEc we’ve been working on making economics research more accessible to our users. As a means of support in promoting economics research, in April 2013