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Economics Sciences‘ Nobel
Prize
2014
1Presented by: Ahsanullah Mohsen
Out lineECONOMICS NOBEL 2014:
1. Introduction to Nobel prize
1.1. Nobel Foundation
1.2. Prize in Economic Sciences
2. Prizes
2.1. Medals and Diplomas
2.2. Award money
3. The Economic Nobel Prize winner
2.1. Prof. Dr. Jean Tirole
3.2. Work of Dr. Tirole
References.2
You would be amazed at the number
of doors a Nobel Prize opens.
Elie Wiesel
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1. Introduction to Nobel Prize
The Nobel is a set of annual international awards bestowed in a number of
categories by Swedish and Norwegian committees in recognition of cultural and/or
scientific advances.
1.1. Nobel foundation:
a private organization on 29 June 1900
Robert and Ludwig Nobel
US$560 million assets
board of five Swedish or Norwegian citizens
2.2. Prizes in Economic Sciences
In 1968, Sveriges Riksbank celebrated its 300th anniversary by donating a large
sum of money to the Nobel Foundation to be used to set up a PRIZE
Jan Tinbergen and Ragnar Frisch “for dynamic models”
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2. Prizes
2.1. Medals and diplomas
In 2011 the Mint of Norway, located in Kongsberg, made the medals.
registered trademarks
showing the image of Alfred Nobel and the years of his birth and death
Nobel laureates receive a diploma directly from the hands of the King of
Sweden or the Chairman of the Norwegian Nobel Committee.
Contains picture and text which states the name of the laureate and normally
a citation of why they received the PRIZE
2.2. Award Money
The amount of PRIZE money depends upon how much money the Nobel
Foundation can award each year
10 million SEK (US$1.4 million, €950,000).In June 2012
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3. The Economic Nobel Prize winner
3.1. Prof. Dr. Jean Tirole
Jean Tirole (August 9, 1953 in Troyes)
is a French economist , in particular with
Industrial Economics busy.
PhD in Economics and Engineering
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3. The Economic Nobel Prize winner
3.2. Work of Dr. Tirole
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Professor Tilore wins for his work on market power and regulation, and his
work taming (enlightening) powerful firms
Tirole is one of the most influential economists
How to understand and regulate industries with few powerful firms
Many industries are dominated by a small number of large firms or a SINGLE
monopoly. Left unregulated, such markets often produce socially undesirable
results – prices higher than those motivated by costs, or unproductive firms
that survive by blocking the entry of new and more productive ones
how should the government deal with mergers or cartels, and how should it
regulate monopolies?
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References
www.Wikipedia.com
www.nobelprize.or
Walls treat journal Vol: XXXII NO.179 (Tuesday, October 14, 2014)
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Questions?
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Thank you
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