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Honor and Contempt
Lawrance G. Lux —
... There is always much interest in exactly who will receive the Nobel Prize for Economics, and Greg Mankiw has presented the odds as calculated by Ladbrokes. One may ask what this has to do with the previous paragraph, but the Nobel Commission is as worried about the equity of the economic models as the rest of Us. This being the Case, they are under extreme pressure not to nominate an individual, whose effort will receive future malignment. It reflects the uncertainty of the Times, that thee is no clear leader for the accolades. One can ask Why there has to be an annual award, ...
Nobel Odds
TRUTH ON THE MARKET —
... (HT: Mankiw ): Eugene Fama 2/1 Paul Romer 4/1 Ernst Fehr 6/1 Kenneth R. French 6/1 William Nordhaus 6/1 Robert Barro 7/1 Matthew J Rabin 8/1 Jean Tirole 9/1 Martin Weitzman 9/1 Chris Pissarides 10/1 Dale T Mortensen 10/1 Xavier Sala-i-Martin 10/1 Avinash Dixit 14/1 Jagdish N. Bhagwati 14/1 Robert Schiller [sic] 14/1 William Baumol 16/1 Martin S. Feldstein 20/1 Christopher Sims 25/1 Lars P. Hansen 25/1 Nancy Stokey 25/1 Peter A Diamond 25/1 Thomas J. Sargent 25/1 Dale Jorgenson 33/1 Paul Milgrom 33/1 Oliver Hart 40/1 Bengt R Holmstrom 50/1 Elhanan ...
Odds
SCSUScholars —
Looking at the odds on the Nobel prize in economics, I am surprised to see so many people betting on Eugene Fama. He's certainly worthy, but in a year where equity prices have fallen in part due to (mis)use of the analysis he helped create it seems an odd time to award him. If you want to make a timely award, I would think Robert Shiller is your choice for his work on housing. ...
Thursday links: trending and thinking
Abnormal Returns —
... Michael Mauboussin on groupthink, eight common mistakes investors make and Bill Miller. (Tech Ticker, ibid, ibid)
Financial education doesn’t work. (The Psy-Fi Blog)
Handicapping the 2009 “The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.” (Real Time Economics also Mankiw Blog)
“I wonder if part of the reason the calorie ...
Nobel Stuff
Organizations and Markets —
... , I note that several folks on Mankiw’s list of favorites work in the general area of organizational economics: Tirole, Milgrom, Hart, Holmström, Ostrom, Williamson, and Wilson. ...
Nobel Economics Prize Potential Winner Odds
The Big Picture —
... Below you will find the potential winners of the Nobel Prize in Economics, via Ladbrokes, and online UK gambling shop, via Greg Mankiw. ...
The Economics Nobel
Conglomerate —
... Congratulations to Elinor Ostrom and Oliver Williamson for receiving the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009, aka, the Nobel Prize in Economics. When I saw the early odds on this prize last week, I was skeptical of the efficient markets candidates. Bad timing for that crowd. On the other hand, Williamson and Ostrom were both listed near the bottom of a very long list at 50/1. ...
