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2013 Nobel Prize in Economics

Saturday, October 19, 2013
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Here are some resources linked to the announcement of the 2013 Nobel Prize in economics - this year the prize is shared between three economists who have developed insights into the volatility of financial markets. The 2013 Nobel Prize in economics has been awarded to Eugene Fama, Lars Peter Hansen and Robert Shiller.

Professor Fama, 74, is one of the fathers of the so-called efficient markets hypothesis which holds that the prices of stocks and bonds are “rational” because they reflect all available public knowledge about those securities at any given point in time.

Professor Shiller made his name by pointing to a persistent irrationality in such markets. He said that the value of securities tends to

Tim Harford and Ruth Alexander

Are markets 'efficient' or irrational?

Sky News

Nobel For Economics Awarded To Americans

City AM

What the latest Nobel Prize winners in economics can teach us

Important note: Elinor Ostrom is the only female winner of the Economics prize so far, in 2009

The Economist - conversation between Ryan Avent and Phillip Coggan



 

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