The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986

James M. Buchanan Jr.

Photo from the Nobel Foundation archive.

Prize share: 1/1

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986 was awarded to James M. Buchanan Jr. "for his development of the contractual and constitutional bases for the theory of economic and political decision-making"

To cite this section
MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986. NobelPrize.org. Nobel Prize Outreach AB 2024. Mon. 4 Nov 2024. <https://www.nobelprize.org/prizes/economic-sciences/1986/summary/>

Back to top Back To Top Takes users back to the top of the page

Nobel Prizes and laureates

Nobel Prizes 2024

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.

Illustration

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.