Peter A. Diamond
Facts
Peter A. Diamond
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010
Born: 29 April 1940, New York, NY, USA
Affiliation at the time of the award: Massachusetts Institute of Technology (MIT), Cambridge, MA, USA
Prize motivation: “for their analysis of markets with search frictions”
Prize share: 1/3
Work
Peter Diamond was awarded the Prize in Economic Sciences for his work on a theoretical framework for search markets. The models developed by Diamond and his co-recipients Mortensen and Pissarides help us understand the way in which unemployment, job vacancies and wages are affected by regulation and economic policy. Diamond received his PhD from MIT in 1963 and has remained with the faculty since 1966.
Nobel Prizes and laureates
Eleven laureates were awarded a Nobel Prize in 2023, for achievements that have conferred the greatest benefit to humankind. Their work and discoveries range from effective mRNA vaccines and attosecond physics to fighting against the oppression of women.
See them all presented here.
See them all presented here.
Explore prizes and laureates
Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.