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NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
NOBEL PRIZE - ECONOMIC SCIENCES  (Part 2)
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NOBEL PRIZE - ECONOMIC SCIENCES (Part 2)

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  • 1. ECONOMIC SCIENCES. LEONID HURWICS. BORN:08/27/1917 MOSCOW DIED:06/24/2008 MN. AFFILIATION:U. MINESOTTA,MN. PRIZE MOTIVATION:”FOR HAVING LAID THE FOUNDATIONS OF HAVING DESIGN THE THEORY”
  • 2. ECONOMIC SCIENCES. <ul><li>The pionner of the </li></ul><ul><li>field mechanism design. </li></ul><ul><li>Formulated a general </li></ul><ul><li>mathematical </li></ul><ul><li>framework for analayzing </li></ul><ul><li>institutions </li></ul><ul><li>implementing collective </li></ul><ul><li>decision making. </li></ul>
  • 3. ECONOMIC SCIENCES. <ul><li>RAGNAR FRISH: </li></ul><ul><li>BORN:3/3/1895 </li></ul><ul><li>OSLO,NORWAY. </li></ul><ul><li>AFFILIATION:U. </li></ul><ul><li>OF OSLO. </li></ul><ul><li>MOTIVATION:”FOR </li></ul><ul><li>HAVING </li></ul><ul><li>DEVELOPED AND APPLIED </li></ul><ul><li>DYNAMIC MODELS FOR THE </li></ul><ul><li>ANALYSIS TO THE </li></ul><ul><li>ECONOMIC PROCESSES”. </li></ul>
  • 4. ECONOMIC SCIENCES. <ul><li>Pionnering work on </li></ul><ul><li>Econometric model </li></ul><ul><li>building. </li></ul><ul><li>Constructed theories </li></ul><ul><li>for stabilization policy </li></ul><ul><li>and long- term </li></ul><ul><li>economic planning. </li></ul>
  • 5. ECONOMIC SCIENCES. <ul><li>VERNON L. SMITH. </li></ul><ul><li>BORN:1/1/1927 </li></ul><ul><li>WICHITA,KS. </li></ul><ul><li>AFFILIATION: </li></ul><ul><li>GEORGE M. UNIV. </li></ul><ul><li>MOTIVATION:”FOR HAVING </li></ul><ul><li>ESTABLISHED LABORATORY </li></ul><ul><li>EXPERIMENTS AS AN A TOOL </li></ul><ul><li>ECONOMICAL ANALYSIS, </li></ul><ul><li>SPECIALLY IN THE STUDY OF </li></ul><ul><li>THE ALTERNATIVE MARKET </li></ul><ul><li>MECHANISMS” </li></ul>
  • 6. ECONOMIC SCIENCES. <ul><li>CONTRIBUTED: </li></ul><ul><li>Developed methods </li></ul><ul><li>for laboratory experiments </li></ul><ul><li>in economics,wich </li></ul><ul><li>has helped our </li></ul><ul><li>understanding of </li></ul><ul><li>economic behavior. </li></ul>
  • 7. ECONOMIC SCIENCES.

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