Enrichment
2013 Nobel Prize in Economics
19th October 2013
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.
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
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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