Nobel announced

by Russ Roberts on October 12, 2009

in Economics

Ostrom and Williamson.

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{ 7 comments }

1 Ben Atlas October 12, 2009 at 8:02 am

Missed opportunity to give another one to Obama, for his future economic achievements.

2 danielkuehn October 12, 2009 at 8:30 am

That was great news! These two are very innovative thinkers. I heard the other day that the odds were in Eugene Fama's favor. That would have been the definition of a tin-ear choice on the part of the Nobel Committee – even worse than the farsical Obama choice.

3 Chris Meisenzahl October 12, 2009 at 8:31 am

Did one of them do something with attempting to justify govt. interaction in markets and the tragedy of the commons, or something similar?

4 danielkuehn October 12, 2009 at 8:35 am

Well they're most famous for doing work on how non-market, non-government relations and institutions can manage resources and commons. But I doubt either of them have completely rejected market or government management of resources out of hand either.

5 Vog October 12, 2009 at 9:04 am

Note this is not a Nobel but a Sveriges Riksbank Prize in Economic Sciences

6 DG Lesvic October 12, 2009 at 5:02 pm

Ben Atlas,

Very good!

7 DG Lesvic October 12, 2009 at 9:02 pm

Ben Atlas,

Very good!

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