In 1968, Sveriges Riksbank (Sweden's central bank) established this Prize in memory of Alfred Nobel, founder of the Nobel Prize
There have been no posthumous Prizes in Economic Sciences. From 1974, the Statutes of the Nobel Foundation stipulate that a Prize cannot be awarded posthumously, unless death has occurred after the announcement of the Prize
The Medal for Economic Sciences was designed by Swedish artist and sculptor Gunvor Svensson-Lundqvist and shows the North Star emblem of the Royal Swedish Academy of Sciences
Each Diploma is a unique work of art, created by foremost Swedish and Norwegian artists and calligraphers
Nobel Prize in Economic Sciences - Facts
47 Prizes in Economic Sciences have been awarded every year since 1969.
24 Prizes in Economic Sciences have been given to one Laureate only.
17 Prizes in Economic Sciences have been shared by two Laureates.
6 Prizes in Economic Sciences have been shared between three Laureates
76 individuals have been awarded 1969-2015
The average age of all Laureates in Economic Sciences between 1969 and 2015 is 67 years
To date, the youngest Laureate in Economic Sciences is Kenneth J Arrow, who was 51 years old when he was awarded in 1972
Elinor Ostrom,was the first female Laureate in Economic Sciences. Elinor Ostrom was awarded the Prize in 2009
Family Laureates in Economic Sciences
BrothersJan Tinbergen(Economic Sciences in 1969) and Nikolaas Tinbergen (Physiology or Medicine in 1973)
Married couple
Gunnar Myrdal(Economic Sciences in 1974) and Alva Myrdal(Nobel Peace Prize in 1982)
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