2009 Nobel Prize in Economics

[Kestastrophe]

 

http://online.wsj.com/article/SB125534373296580027.html

American economists Elinor Ostrom and Oliver Williamson, who study the way economic decisions are made outside markets, were awarded the Nobel Prize in economics Monday.

Ms. Ostrom, who teaches at Indiana University in Bloomington, Ind., is the first woman to win the economics prize, which had been awarded to 62 men since its launch in 1969. The judges cited her analysis of what happens when natural resources are shared commonly.

Mr. Williamson, who teaches at the University of California, Berkeley, was cited for explaining why some decisions are made more efficiently inside corporations rather than at arm's length in markets.

I am not familiar with Ms. Ostrom's work (other than tragedy of the commons), but I am quite familiar with Mr. Williamson's. I even wrote an amateurish paper back in 2005/2006 on videogame consoles using Williamson's model of asset specificity. Also

[AdmiralViscen]

Analysis? Explanations? These guys haven't even fixed the economy yet!

[Bocsius]

[Borys] Nothing against women... [/Borys]

[Tieno]

AMERICANT SHITS UP THE ECONOMY AND THEY GIVE THE NOBEL PRIZE FOR ECONOMICS TO A FUCKING AMERICUNT?

[CajoleJuice]

God I'm distinguished mentally-challenged

I was wondering how that could be.

[Kestastrophe]

I think its UofC

[Human Snorenado]

AMERICANT SHITS UP THE ECONOMY AND THEY GIVE THE NOBEL PRIZE FOR ECONOMICS TO A FUCKING AMERICUNT?

We won it last year too, Paul Krugman won. 

AMERICA- FUCK YEAH