Prize announcement
Announcement of the 2009 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Elinor Ostrom and Oliver E. Williamson, presented by Professor Gunnar Ă–quist, Secretary General of the Royal Swedish Academy of Sciences, on 12 October 2009.
Interview
Following the announcement, Professor Tore Ellingsen told senior editor Simon Frantz why the shared Prize explains how non-market institutions, like natural resources managed by common property and firms, exist and work.
Nobel Prizes and laureates
Six prizes were awarded for achievements that have conferred the greatest benefit to humankind. The 12 laureates' work and discoveries range from proteins' structures and machine learning to fighting for a world free of nuclear weapons.
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.