IDEAS home Printed from https://ideas.repec.org/p/hhs/iuiwop/0517.html
   My bibliography  Save this paper

The Prize in Economic Sciences in Memory of Alfred Nobel--1969 - 1998

Author

Listed:
  • Lindbeck, Assar

    (The Research Institute of Industrial Economics)

Abstract

In conjunction with its tercentenary celebrations in 1968, Sveriges Riksbank (Bank of Sweden) instituted a new award, "The Central Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel" on the basis of an economic commitment by the bank in perpetuity. The award is given by the Royal Swedish Academy of Sciences according to the same principles as for the Nobel Prizes that have been awarded since 1901. The procedures for selecting the laureates are also the same. Each year the Academy receives some 250 nominations, usually covering a little more than one hundred nominees. (Unsolicited suggestions from persons who have not been asked to submit nominations are not considered.) The Economics Prize Selection Committee of the Academy (with five to eight members) commissions experts but usually by foreigners. The prize committee presents its award proposal to the Social Science Class of the Academy in the form of a report, with an extensive survey of the main candidates that are considered for a prize. The report motivates the proposal and includes all the solicited expert studies. Finally the entire Academy meets to take the final award decision, usually in October. Which criteria have guided the awards so far? And what have been the main problems when selecting the laureates? It is useful to start a discussion of these issues with a rough classification of the various types of economics prize awards given som far. It should be kept in mind, however, that all such classifications are rather arbitrary since the multidimensional nature of scientific contributions makes it difficult in avoid overlap.

Suggested Citation

  • Lindbeck, Assar, 1999. "The Prize in Economic Sciences in Memory of Alfred Nobel--1969 - 1998," Working Paper Series 517, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:0517
    as

    Download full text from publisher

    File URL: https://swopec.hhs.se/iuiwop/papers/iuiwop0517.pdf.zip
    File Function: Complete Rendering
    Download Restriction: no
    File URL: https://swopec.hhs.se/iuiwop/papers/iuiwop0517.pdf
    File Function: Complete Rendering
    Download Restriction: no
    File URL: https://swopec.hhs.se/iuiwop/papers/iuiwop0517.ps.zip
    File Function: Complete Rendering
    Download Restriction: no
    File URL: https://swopec.hhs.se/iuiwop/papers/iuiwop0517.ps
    File Function: Complete Rendering
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Stigler, George J, 1984. " Economics-The Imperial Science?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 86(3), pages 301-313.
    2. Quandt, Richard E, 1976. "Some Quantitative Aspects of the Economics Journal Literature," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 741-755, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Terence tai-leung Chong & Cally Choi & Benjamin Everard, 2009. "Who will win the Nobel Prize?," Economics Bulletin, AccessEcon, vol. 29(2), pages 1107-1116.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Medoff, Marshall H., 2003. "Collaboration and the quality of economics research," Labour Economics, Elsevier, vol. 10(5), pages 597-608, October.
    2. Bruno S. Frey & Stephan Meier, "undated". "Pro-Social Behavior, Reciprocity or Both?," IEW - Working Papers 107, Institute for Empirical Research in Economics - University of Zurich.
    3. Vikas Kumar, 2012. "Cartels in the Kautiliya Arthasastra," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 59-79, March.
    4. Bruno S. Frey, 2003. "Flexible Citizenship for a Global Society," Politics, Philosophy & Economics, , vol. 2(1), pages 93-114, February.
    5. David Mitch, 2010. "Chicago and Economic History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 8, Edward Elgar Publishing.
    6. Daniel S. Hamermesh, 2006. "The Value of Peripatetic Economists: A Sesqui‐Difference Evaluation of Bob Gregory," The Economic Record, The Economic Society of Australia, vol. 82(257), pages 138-149, June.
    7. Marshall Medoff, 2003. "Article placement and market signalling," Applied Economics Letters, Taylor & Francis Journals, vol. 10(8), pages 479-482.
    8. Szalavetz, Andrea, 2010. "Kiss Éva: Területi szerkezetváltás a magyar iparban 1989 után. Studia Regionum sorozat, Dialóg Campus Kiadó, Budapest-Pécs, 2010, 223 oldal [Éva Kiss: Területi szerkezetváltás a magyar iparban 1989," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1105-1109.
    9. Henrik Egbert & Teodor Sedlarski & Aleksandar B. Todorov, 2022. "Foundations of contemporary economics: George Stigler and the Chicago school of economics – on price theory and information economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 452-472.
    10. Reiner Eichenberger & Bruno S. Frey, "undated". "Europe's Eminent Economists: A Quantitative Analysis," IEW - Working Papers 057, Institute for Empirical Research in Economics - University of Zurich.
    11. Daniel S. Hamermesh, 2018. "Citations in Economics: Measurement, Uses, and Impacts," Journal of Economic Literature, American Economic Association, vol. 56(1), pages 115-156, March.
    12. Bäuerle, Lukas, 2019. "The power of economic textbooks: A discourse analysis," Working Paper Series Ök-52, Cusanus Hochschule für Gesellschaftsgestaltung, Institut für Ökonomie.
    13. Bruno S. Frey & Reiner Eichenberger, 2001. "Wie steht's mit der Schweizer Ökonomik?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 137(IV), pages 525-533, December.
    14. Virgil Henry Storr, 2015. "Economists should study culture," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 2, pages 11-47, Edward Elgar Publishing.
    15. Robert A. Margo, 2018. "The integration of economic history into economics," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(3), pages 377-406, September.
    16. Kenneth W. Clements & Patricia Wang, 2003. "Who Cites What?," The Economic Record, The Economic Society of Australia, vol. 79(245), pages 229-244, June.
    17. Ratnatunga, Janek & Romano, Claudio, 1997. "A "citation classics" analysis of articles in contemporary small enterprise research," Journal of Business Venturing, Elsevier, vol. 12(3), pages 197-212, May.
    18. Steven Medema, 2011. "A case of mistaken identity: George Stigler, “The Problem of Social Cost,” and the Coase theorem," European Journal of Law and Economics, Springer, vol. 31(1), pages 11-38, February.
    19. Velibor Mačkić, 2014. "Političko-proračunski ciklusi na uzorku hrvatskih gradova," EFZG Working Papers Series 1401, Faculty of Economics and Business, University of Zagreb.
    20. Bruno S. Frey, 2000. "Was Bewirkt die Volkswirtschaftslehre?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 5-33, February.

    More about this item

    Keywords

    Nobel-prize; Economic thought; Methodology;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:iuiwop:0517. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Elisabeth Gustafsson (email available below). General contact details of provider: https://edirc.repec.org/data/iuiiise.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.