path: Home / The West Wing World  Economics and the Nobel Prize
- In that world there exists an economic theory significant enough to merit a
Nobel Prize for its conception. However, since the Nobel Prize winner in
question doesn't exist in this world, either the theory remains unconceived
or it exists, but is not considered significant enough for a Nobel Prize. (Our original phrasing of this difference was seen as confusing by both Fran Buhman and Lawrence Aronovitch; Fran Buhman rewrote it.)
- The list of nobel prize winners in this world from 2000 to the first such prize in 1969 (from the Nobel website which gives more information on each winner) --- this isn't the official Nobel Prize site; that is at http://www.nobel.se/. So, who didn't make this list in that world or what team was Bartlet part of?? And what theory do they have in that world that Bartlet had a unique part of creating?:
- 2000
The prize will be shared between:
- JAMES J. HECKMAN for his development of theory and methods for
analyzing selective samples
and
DANIEL L. MCFADDEN for his development of theory and methods for
analyzing discrete choice.
- 1999
- ROBERT A. MUNDELL for his analysis of monetary and fiscal policy under
different exchange rate regimes and his analysis of optimum currency areas.
- 1998
- AMARTYA SEN for his contributions to welfare economics.
- 1997
- ROBERT C. MERTON and MYRON S. SCHOLES for a new method to
determine the value of derivatives.
- 1996
- JAMES A. MIRRLEES and WILLIAM VICKREY for their fundamental
contributions to the economic theory of incentives under asymmetric
information.
- 1995
- ROBERT LUCAS for having developed and applied the hypothesis of rational
expectations, and thereby having transformed macroeconomic analysis and
deepened our understanding of economic policy.
- 1994
The prize was awarded jointly to:
- JOHN C. HARSANYI , JOHN F. NASH and REINHARD SELTEN for their
pioneering analysis of equilibria in the theory of non-cooperative games.
- 1993
The prize was awarded jointly to:
- ROBERT W. FOGEL and DOUGLASS C. NORTH for having renewed
research in economic history by applying economic theory and quantitative
methods in order to explain economic and institutional change.
- 1992
- GARY S. BECKER for having extended the domain of microeconomic
analysis to a wide range of human behaviour and interaction, including
nonmarket behaviour.
- 1991
- RONALD H. COASE for his discovery and clarification of the significance of
transaction costs and property rights for the institutional structure and
functioning of the economy.
- 1990
The prize was awarded with one third each to:
- HARRY M. MARKOWITZ , MERTON M. MILLER and WILLIAM F.
SHARPE for their pioneering work in the theory of financial economics.
- 1989
- TRYGVE HAAVELMO for his clarification of the probability theory
foundations of econometrics and his analyses of simultaneous economic
structures.
- 1988
- MAURICE ALLAIS for his pioneering contributions to the theory of markets
and efficient utilization of resources.
- 1987
- ROBERT M. SOLOW for his contributions to the theory of economic growth.
- 1986
- JAMES M. BUCHANAN, JR. for his development of the contractual and
constitutional bases for the theory of economic and political decision-making.
- 1985
- FRANCO MODIGLIANI for his pioneering analyses of saving and of financial
markets.
- 1984
- SIR RICHARD STONE for having made fundamental contributions to the
development of systems of national accounts and hence greatly improved the
basis for empirical economic analysis.
- 1983
- GERARD DEBREU for having incorporated new analytical methods into
economic theory and for his rigorous reformulation of the theory of general
equilibrium.
- 1982
- GEORGE J. STIGLER for his seminal studies of industrial structures,
functioning of markets and causes and effects of public regulation.
- 1981
- JAMES TOBIN for his analysis of financial markets and their relations to
expenditure decisions, employment, production and prices.
- 1980
- LAWRENCE R. KLEIN for the creation of econometric models and the
application to the analysis of economic fluctuations and economic policies.
- 1979
The prize was divided equally between:
- THEODORE W. SCHULTZ and SIR ARTHUR LEWIS for their pioneering
research into economic development research with particular consideration of
the problems of developing countries.
- 1978
- HERBERT A. SIMON for his pioneering research into the decision-making
process within economic organizations.
- 1977
The prize was divided equally between:
- BERTIL OHLIN and JAMES E MEADE for their pathbreaking contribution to
the theory of international trade and international capital movements.
- 1976
- MILTON FRIEDMAN for his achievements in the fields of consumption
analysis, monetary history and theory and for his demonstration of the
complexity of stabilization policy.
- 1975
The prize was awarded jointly to:
- LEONID VITALIYEVICH KANTOROVICH and TJALLING C. KOOPMANS
for their contributions to the theory of optimum allocation of resources.
- 1974
The prize was divided equally between:
- GUNNAR MYRDAL and FRIEDRICH AUGUST VON HAYEK for their
pioneering work in the theory of money and economic fluctuations and for
their penetrating analysis of the interdependence of economic, social and
institutional phenomena.
- 1973
- WASSILY LEONTIEF for the development of the input-output method and for
its application to important economic problems.
- 1972
The prize was awarded jointly to:
- SIR JOHN R. HICKS and KENNETH J. ARROW for their pioneering
contributions to general economic equilibrium theory and welfare theory.
- 1971
- SIMON KUZNETS for his empirically founded interpretation of economic
growth which has led to new and deepened insight into the economic and
social structure and process of development.
- 1970
- PAUL A SAMUELSON for the scientific work through which he has
developed static and dynamic economic theory and actively contributed to
raising the level of analysis in economic science.
- 1969
The prize was awarded jointly to:
- RAGNAR FRISCH and JAN TINBERGEN for having developed and applied
dynamic models for the analysis of economic processes.
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