Economic Sciences Prize Committee Explained

The Economic Sciences Prize Committee is the prize committee for the Nobel Memorial Prize in Economic Sciences,[1] and fills the same role as the Nobel Committees do for the Nobel Prizes. This means that the committee is responsible for proposing laureates for the prize.[2] The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is appointed by the Royal Swedish Academy of Sciences. It usually consists of Swedish professors of economics or related subjects who are members of the academy, although the academy in principle could appoint anyone to the committee. Two of the members of the founding committee as well as later members of the committee had also been associated with the Mont Pelerin Society.[3]

The committee is a working body without decision power, and the final decision to award the prize is taken by the entire Royal Swedish Academy of Sciences, after having a first discussion in the academy's Class for Social Sciences.[2]

Current

Members of the 2018 Prize Committee

Secretary to the 2018 Prize Committee

The secretary takes part in Prize Committee meetings but cannot vote (by right). Unless, however, he or she has also been appointed as a Prize Committee full member—which entails the right to vote. (On a number of occasions, individuals have held both appointments.)

Former

Secretaries

Former members

accessdate=2008-01-08-->
NameYearsAffiliation
Bertil OhlinChairman 1969–1974Stockholm School of Economics
Erik Lundberg1969–1979
Chairman 1975–1979
Associate member 1980–
Stockholm School of Economics
Ingvar Svennilson1969–1971University of Stockholm
Herman Wold1969–1980University of Uppsala
University of Gothenburg
Assar Lindbeck1969–1994
Chairman 1980–1994[4]
University of Stockholm
Ragnar Bentzel1975–1990
Secretary 1969–1980, 1982–
University of Uppsala
Sune Carlson1972–1979
Associate member 1980–
University of Uppsala
Lars Werin1980–
Secretary 1981
Associate member 1975–1979
University of Stockholm
Ingemar Ståhl1980–University of Lund
Karl-Göran Mäler1981–Stockholm School of Economics
Economics Prize Committee members from 1998 to 2008[5] [6] [7]
NameYearsAffiliation
Jörgen Weibull1998–2007Chairman 2004–2007[8] A.O. Wallenberg Professor of Economics
Stockholm School of Economics
Peter Englund1993–1995
Secretary 1996–1997, 2002–[9]
Professor of Banking and Insurance
Stockholm School of Economics
Lars Calmfors1996–1998, 2003–2007[10] Professor of International Economics
Stockholm University
Bertil Näslund1999[11] Professor
Stockholm School of Economics
Per Krusell2003–Adjunct member 2003–2004[12] Professor of Economics
Princeton University
Karl-Gustaf Löfgren2002–2007 Associate member 1993–1995Professor of Economics
Umeå University
Timo Teräsvirta2003?-Professor of Economic Statistics (emeritus)
Stockholm School of Economics
Professor of Econometrics
School of Economics and Management, University of Aarhus[13]
Bertil HolmlundAdjunct member 1998–2001, 2005–2006
Chairman 2008[14]
Professor of Economics
Uppsala University

Notes and References

  1. http://www.kva.se/en/contact/Committees/Prize-in-Economic-Sciences/ Royal Swedish Academy of Sciences: Committee for the Prize in Economic Sciences in Memory of Alfred Nobel
  2. http://nobelprize.org/nobel_prizes/economics/prize_awarder/ Nobelprize.org: Prize Awarder for the Prize in Economics
  3. Book: Offer. Avner. Söderberg. Gabriel. The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn. 2016. Princeton University Press. 104–105. 1st.
  4. Gylfason . Thorvaldur . An Interview with Assar Lindbeck . . 10 . 1 . 101–130 . 2005-01-27 . 10.1017/S1365100506050024 . 62781261 .
  5. Web site: The Economics Prize Committee: The Economics Prize Committee 2006 . . https://web.archive.org/web/20061223113503/http://nobelprize.org/prize_awarders/economics/committee.html . 2006-12-23 . 2008-01-08.
  6. Web site: The Economics Prize Committee: The Economics Prize Committee 2007 . . 2008-01-08.
  7. Web site: Kommittén för priset i ekonomisk vetenskap till Alfred Nobels minne . . 2008-01-09 . Swedish . https://web.archive.org/web/20080504224601/http://www.kva.se/KVA_Root/swe/contact/commprize/Nobel_economics.asp?br=ns&ver=6up . 2008-05-04 . dead .
  8. News: Jönsson . Peter . Jörgen Weibull: Har delat ut sitt sista pris . Swedish . Ekonominyheterna.se . 2007-12-17 . 2008-01-09 .
  9. Web site: Peter Englund: Curriculum Vitae . . 2008-01-09 . https://web.archive.org/web/20080216051449/http://www.hhs.se/NR/rdonlyres/642FF432-752D-4219-B7DD-D8B2426E90DD/0/PeterEnglundCv.pdf . 2008-02-16 . dead .
  10. Web site: Lars Calmfors: Positions and exams . . 2008-01-09.
  11. Web site: The Beauty (Pageant?) of Economics . . 2008-01-16 . https://web.archive.org/web/20080504033651/http://www.minneapolisfed.org/pubs/region/99-09/nobel.cfm . 2008-05-04 . dead .
  12. Web site: PER KRUSELL . . 2008-01-09 . https://web.archive.org/web/20080216051447/http://www.princeton.edu/~pkrusell/cv/cvshortnew11-29-07.pdf . 2008-02-16 . dead .
  13. Web site: Timo Teräsvirta . . 2008-01-09 . https://web.archive.org/web/20071116074155/http://www.econ.au.dk/AfN/Faculty/terasvirtat.htm . 2007-11-16 . dead .
  14. Web site: Bertil Holmlund: Curriculum Vitae . . 2008-01-09 . https://web.archive.org/web/20080216051449/http://www.nek.uu.se/faculty/holmlund/CV%20Dec%2007.pdf . 2008-02-16 . dead .