Monday, October 13, 2014

Nobel Prize in economics for Tirole – Telegraaf.nl

Nobel Prize in economics for Tirole – Telegraaf.nl

The Nobel Prize for Economics this year goes to the French economist Jean Tirole. This has the Nobel committee announced today

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The 61-year-old Professor at the University of Toulouse receives the prize for his “analysis of market power and regulation”. Jean Tirole “is one of the most influential economists of our time,” says the Nobel committee in a statement. “Above all, he has made it clear how to understand industries with a few powerful companies and regulate. To award a sum of eight million Swedish kronor connected.

From the mid-80s, Jean Tirole new life into the search for such market failures, says the committee. His analyzes of companies with a strong market position provides a coherent theory with a strong influence on questions like; how the government should deal with mergers and cartels, and how it should regulate monopolies?

Last year, the three American economists Eugene Fama, Robert Shiller and Lars Peter Hansen along the prize.

once won a Dutchman prestigious economic distinction:. Jan Tinbergen in 1969

The price for economy is a special, the creator of the Nobel Prizes, Swedish industrialist Alfred Nobel, was not in his will that price included

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