The 2012 Nobel Prize in Economic Sciences will be announced on Monday 15 October, and once again all the world is riveted in anticipation. The riveted parties include those residing on Briggs 2nd, where we will once again sponsor a Predict the Nobel Prize Contest, with the winner to take home some fabulous prizes.
I don’t see any formal odds online yet, but Thomson Reuters provides some thoughts on Steven Ross for arbitrage pricing theory, Robert Schiller for work on market volatility, and Anthony Atkinson & Angus Deaton for the famous Atkinson & Deaton work on income, consumption, and well-being.
So, submit your pick to Prof Gerard prior to October 15, keeping in mind that the Nobel winner will not necessarily come from that draw (Of course, I’m still partial to Armen Alchian, and I have to believe Jerry Hausman will win sooner or later). You can also post them in the comments, first come, first serve.
For further reading:
Robert J. Shiller 2003. “From Efficient Markets Theory to Behavioral Finance,” Journal of Economic Perspectives, 17(1): 83–104.
Stephen A. Ross, 2004 “Review of The New Financial Order by Shiller,” Journal of Economic Literature, 42(4): 1098–1101.
Angus Deaton 2008. “Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll,” Journal of Economic Perspectives, 22(2): 53–72.