Reply To: Prize in Economic Sciences is not a Nobel Prize – It is a ‘Swedish Bank Prize’

Checkout Forums Social and Cultural Discourse Prize in Economic Sciences is not a Nobel Prize – It is a ‘Swedish Bank Prize’ Reply To: Prize in Economic Sciences is not a Nobel Prize – It is a ‘Swedish Bank Prize’

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advtanmoy
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Sveriges Riksbank’s Prize in Economic Sciences

Sveriges Riksbank’s Prize in Economic Sciences was established in connection with the Riksbank’s 300th anniversary in 1968. The prize is awarded every year to a person or persons in the field of economic sciences who have produced work of outstanding importance.

The Royal Swedish Academy of Sciences appoints the prize-winner(s) according to the same principles as for the Nobel Prizes. The prize amount is also the same as for the Nobel Prizes, 10 million, and is paid by the Riksbank. If there is more than one winner, the prize amount is shared equally between them.

The prize has been awarded every year since 1969. [Riksbank]