Why they won the prize?

2018 Nobel in Economics awarded to William Nordhaus and Paul Romer

Who won the 2018 Nobel Prize in Economic Science?

The 2018 Nobel Memorial Prize in Economic Science was awarded to American economists William D. Nordhaus and Paul M. Romer for reshaping the understanding of the longterm determinants of economic growth.

Nordhaus was cited for his work on the implications of environmental factors, including climate change. Romer was cited for his work on the importance of technological change.

Who won the 2017 economics prize?

Richard H. Thaler was recognised for his pioneering work in establishing that people are predictably irrational — that they consistently behave in ways that defy economic theory. He is credited with persuading many economists to pay more attention to human behaviour, and many governments to pay more attention to economics.

Who else won a Nobel this year?

James P. Allison and Tasuku Honjo were awarded the Nobel Prize in physiology or medicine on Oct. 1 for a discovery that the body’s immune system can be used to attack cancer cells.

Arthur Ashkin, Gerard Mourou and Donna Strickland were awarded the Nobel Prize in physics Oct. 2 for developing tools made of light beams. Strickland is just the third woman to win the physics prize.

Three scientists were awarded the Nobel Prize in chemistry on Wednesday: Frances H. Arnold of the United States, who received half the prize, and George E. Smith and Gregory P.

Winter who shared the other half. They won for tapping the power of evolutionary biology to design molecules.

The Congolese gynaecological surgeon Denis Mukwege and the former Daesh captive Nadia Murad were awarded the Nobel Peace Prize on Friday “for their efforts to end the use of sexual violence as a weapon of war and armed conflict.”

What happened to the Nobel literature prize?

The Nobel Prize in literature has been postponed. The institution that chooses the laureate is embroiled in a scandal involving allegations of sexual misconduct, financial malpractice and repeated leaks — a crisis that led to the departure of several board members and required the intervention of the Swedish king. Two laureates might be named next year.