Thursday, October 2, 2008

2008 Thomson Prediction in Nobel Prize in Economics

Thomson Scientific predicts the 2008 Nobel Prize this year. In economics, three groups of preeminent scholars seem to win the titile this year. They are:

Group 1
LARS P. HANSEN, Homer J. Livingston Distinguished Service Professor, Department of Economics, University of Chicago, Chicago, IL USA
and
THOMAS J. SARGENT, William R. Berkley Professor of Economics and Business, Department of Economics, New York University, New York, NY, USA; and Senior Fellow, Hoover Institution, Stanford, CA USA
and
CHRISTOPHER A. SIMS , Harold B. Helms Professor of Economics and Banking, Department of Economics, Princeton Univeristy, Princeton, NJ USA
"for their contributions to dynamic econometric models"

Group 2
MARTIN S. FELDSTEIN, George F. Baker Professor of Economics, Department of Economics, Harvard University, Cambridge, MA USA; President Emeritus, National Bureau of Economic Research, Cambridge, MA USA
"for his research on public economics, including taxation, social security, health economics and many other topics"

Group 3
ARMEN A. ALCHIAN, Emeritus Professor, Department of Economics, University of California Los Angeles, Los Angeles, CA USA
and
HAROLD DEMSETZ, Arthur Andersen UCLA Alumni Emeritus Professor of Business Economics, Department of Economics, University of California Los Angeles, Los Angeles, CA USA
"for their publications on property rights and their contributions to the theory of the firm"

There are many other nominees who have very high academic citations and are still in the running for the Nobel title. They are ROBERT J. BARRO; EUGENE F. FAMA AND KENNETH R. FRENCH; PAUL MICHEAL ROMER; RICHARD H. THALER; JAGDISH N. BHAGWATI AND AVINASH K. DIXIT AND PAUL KRUGMAN; DALE W. JORGENSON; OLIVER D. HART AND BENGT R. HOLMSTROM AND OLIVER E. WILLIAMSON; ELHANAN HELPMAN AND GENE M. GROSSMAN; JEAN TIROLE; ROBERT B. WILSON AND PAUL R. MILGROM.

Let's see!

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