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Presentation Speech by Professor Karl-Göran Mäler of the Translation of the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, Many situations in society, from everyday life to high-level politics, are characterized by what economists call strategic interactions. When there is strategic interaction, the outcome for one agent depends not only on what that…

11 October 1994 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1994, jointly to Professor John C. Harsanyi, University of California, Berkeley, CA, USA, Dr. John F. Nash, Princeton University, Princeton, NJ, USA, Professor Dr. Reinhard Selten, Rheinische Friedrich-Wilhelms-Universität, Bonn, Germany, for their pioneering analysis of…

12 October 1993 THIS YEAR’s PRIZEWINNERS ARE LEADING FIGURES WITHIN THE FIELD OF “NEW ECONOMIC HISTORY” has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for 1993 jointly to Professor Robert W. Fogel, University of Chicago, USA, and Professor Douglass C. North, Washington University, St. Louis, USA,…

Presentation Speech by Professor Lennart Jörberg of the Translation of the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, Robert Fogel and Douglass North have been awarded this year’s Prize in Economics for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional…

Presentation Speech by Professor Assar Lindbeck of the December 10, 1992. Translation of the Swedish text Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, Gary Becker has made it his task to extend the analytical domain of what he calls “an economic approach” to various social issues. Now it is important to bear in mind…

I was born in New York City in 1926, four years after my parents and my brother migrated to the United States from the city of Odessa in Russia. Although they arrived in New York penniless, my parents scraped together enough savings to establish the first of several small businesses just after I was born.…

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13 October 1992 THIS YEAR’s LAUREATE HAS EXTENDED THE SPHERE OF ECONOMIC ANALYSIS TO NEW AREAS OF HUMAN BEHAVIOR AND RELATIONS. has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1992, to Professor Gary S. Becker, University of Chicago, USA, for having extended the domain of microeconomic…