2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Olivier Blanchard and Edward Lazear
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Oliver Hart and Bengt Holmstrom
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Marc Melitz and Paul Romer
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Edward Lazear and Bengt Holmstrom
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Detailed explanation-1: -The 2016 Nobel Prize in Economics was awarded Monday to Oliver Hart and Bengt Holmström for their work in contract theory-developing a framework to understand agreements like insurance contracts, employer-employee relationships and property rights.
Detailed explanation-2: -The 2022 economic sciences laureates The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 was awarded to Ben S. Bernanke, Douglas W. Diamond, Philip H. Dybvig “for research on banks and financial crises”.
Detailed explanation-3: -Amartya Sen was awarded the Nobel Prize in 1998 and Bharat Ratna in 1999 for his work in welfare economics. Q. Amartya Sen won the Nobel Prize for economics in .
Detailed explanation-4: -Ben Bernanke, Douglas Diamond, and Philip Dybvig have won the Nobel Prize in Economics for 2022. The Royal Swedish Academy of Sciences awarded the ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’ to three American economists for their research on banks and the financial crisis.