The nobel prize winners in economic

Richard Thaler, whose work influenced the Obama administration and led to a cameo in "The Big Short," was cited for his research in the field of behavioral economics. Economics is built on the assumption that people make rational decisions based on the desire to increase their economic well-being. While economists have long known that isn't strictly true, Thaler was a pioneer in studying why people sometimes make irrational decisions, and how they can be encouraged to make smarter ones.

The nobel prize winners in economic

Pictures Mon Oct 8, 4: In an award that turned the spotlight on the In an award that turned the spotlight on the global debate over risks associated with climate change, the Royal Swedish Academy of Sciences said the laureates' work helped answer fundamental questions on how to promote long-term sustainable growth and enhance human welfare.

Romer had shown how economic forces govern the willingness of firms to produce new ideas and innovations, laying the foundations for a new model for development, known as endogenous growth theory.

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Hours before the award, the United Nations panel on climate changed warned of the risks of more frequent heat waves, floods and drought in some regions as well as the loss of species without a radical rethink in how societies operate.

They were honored for They were honored for their efforts to end the use of sexual violence as a weapon of war, the Norwegian Nobel Committee said. Murad is an advocate for the Yazidi minority in Iraq and for refugee and women's rights in general.

She was enslaved and raped by Islamic State fighters in Mosul, Iraq, in For myself, I think of my mother, who was murdered by Daesh," she said said in a statement to Reuters, using The nobel prize winners in economic Arabic term for Islamic State.

Murad is the second youngest Nobel Prize laureate after Malala Yousafzai.

List of Nobel Prize winners in Economics - Simple English Wikipedia, the free encyclopedia

Mukwege heads the Panzi Hospital in the eastern Congo city of Bukavu. The clinic receives thousands of women each year, many of them requiring surgery from sexual violence. But it was a crime in the shadows.

Mukwege dedicated his Nobel award to all women affected by rape and sexual violence. He has performed surgery on scores of women after they had been raped by armed men, and campaigned to highlight their plight.

Although the Second Congo War, which killed more than five million people, formally ended inviolence remains rampant, with militias frequently targeting civilians. The Panzi Hospital has also been the target of threats, and in Mukwege's home was invaded by armed men who held his daughters at gunpoint, shot at him and killed his bodyguard.

The nobel prize winners in economic

Mukwege was in the operating room when he was told the news. Arnold, George Smith and Gregory Winter won the Nobel Prize for Chemistry for harnessing the power of evolution to generate novel Arnold, George Smith and Gregory Winter won the Nobel Prize for Chemistry for harnessing the power of evolution to generate novel proteins used in everything from environmentally friendly detergents to cancer drugs.

I breed molecules," Arnold told Reuters after learning of the award, which she said had come as a complete surprise. Her research on enzymes -- proteins that catalyze chemical reactions -- laid the bedrock for the development of better industrial chemicals and pharmaceuticals. There are also enzymes that can create new types of biofuels or that catalyze the formation of building blocks for new medicines," said chairman of the Nobel chemistry committee Claes Gustafsson.

Winter shared half of the prize with American George Smith.

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The fruits of their work include the world's top-selling prescription medicine The fruits of their work include the world's top-selling prescription medicine -- the antibody injection Humira sold by AbbVie for treating rheumatoid arthritis and other autoimmune diseases.

Humira, or adalimumab, was the first drug based on Winter's work to win regulatory approval in Winter said he was surprised by the huge commercial success of antibody drugs, which he put down in large part to the high prices that drug companies have managed to charge for them.

Smith from the University of Missouri, takes phone calls after learning he was among the three who won the Nobel Prize for Chemistry. Smith developed a method using a virus that infects bacteria to produce new proteins while Gregory Winter Smith developed a method using a virus that infects bacteria to produce new proteins while Gregory Winter used the same phage display technique for the directed evolution of antibodies, with the aim of producing more effective medicines.

Other antibody drugs at the cutting edge of medicine use the same technology, including a number of treatments that have proved highly effective against cancer. A trio of American, French and A trio of American, French and Canadian scientists won the Nobel Prize for Physics for breakthroughs in laser technology that have turned light beams into precision tools for everything from eye surgery to micro-machining.

Strickland becomes only the third woman to win a Nobel for physics, after Marie Curie in and Maria Goeppert-Mayer in The Nobel prizes have long been dominated by male scientists, and none more so than physics. Strickland is the first female Nobel laureate in any field in three years. The Royal Swedish Academy of Sciences said last year it would seek to more actively encourage nominations of women researchers to begin addressing the imbalance.

She shares half of the prize with Gerard Mourou for research centered on developing the most intense laser pulses ever created by humans, paving the way for the precision instruments used today in corrective eye surgery and industrial applications.

The inventions by the three scientists awarded the Nobel Prize for Physics date back to the mids and over the The inventions by the three scientists awarded the Nobel Prize for Physics date back to the mids and over the years they have revolutionized laser physics.

Ashkin's work was based on the realization that the pressure of a beam of light could push microscopic objects and trap them in position.

A breakthrough came inwhen he used the new optical tweezers to grab living bacteria without harming them.This year’s Nobel Prize winners will be revealed throughout the first two weeks of October.

The Nobel Prize winners in medicine, physics, chemistry, peace, and economics — Quartz search. Oct 09,  · The economics prize was established in in memory of Alfred Nobel by Sweden’s central bank and is awarded by the Royal Swedish Academy of Sciences. One of Professor Thaler’s frequent collaborators, Daniel Kahneman, was awarded the prize in The economics prize was created by Sweden’s Central Bank in and is called the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.” It was not established by Nobel, but supposedly in memory of Nobel.

Nov 14,  · * The above Laureates are listed as Indian-born on the Nobel Prize official website. Other Indian Laureates include Subrahmanyan Chandrasekhar, who was born in Lahore (now Pakistan) and Mother Theresa, who was an Indian citizen.

Nobel Prize goes to the great Bill Nordhaus -- the founder of modern environmental economics, joint with Paul Romer, who founded the modern innovation-driven approach to understanding economic growth.

Oct 09,  · Watch video · The economics prize, officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was established in It was not part of the original group of awards set out Author: Reuters.

Nobel Memorial Prize in Economic Sciences - Wikipedia