Nobel in Economics: Three US-based economists win the 2021 Prize
New Delhi: Three US-based economists were on Monday declared winners of the Nobel Prize in Economics, 2021, for their work on drawing conclusions from unintended experiments, or the so-called “natural experiments.”
The winners were David Card of the University of California at Berkeley; Joshua Angrist from the Massachusetts Institute of Technology; and Guido Imbens from Stanford University, The Royal Swedish Academy of Sciences, said.
The three laureates have “completely reshaped empirical work in the economic sciences,” it said.
The Prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year’s crop of Nobel Prizes.
The winners will share citations, and 10 million Swedish crowns ($1.14 million) in cash, media reported on Monday.
(Virendra Pandit).
