Articles

The 2013 Nobel Prize in Economics

Eduard Marinov — Economic Research Institute at the Bulgarian Academy of Sciences
Published: 08.11.2026

Abstract

The Royal Swedish Academy of Sciences has decided that the Swedish National Bank’s Prize in Economic Sciences in Memory of Alfred Nobel is to be awarded to Eugene E. Fama, Lars Peter Hansen and Robert J. Shiller for “their empirical analysis of asset prices”.

Eugene Fama is an American citizen, born in 1939 in Boston. He obtained his PhD in 1964 from the University of Chicago, Illinois. He is a professor of finance at the University of Chicago.

Lars Peter Hansen is an American citizen. He was born in 1946. He obtained his PhD in 1978 from the University of Minnesota, Michigan. He is a professor of economics and statistics at the University of Chicago.

Robert J. Shiller is an American citizen, born in 1934 in Detroit. He obtained his PhD in 1972 from the Massachusetts Institute of Technology in Boston. He is a professor of economics at Yale University, New Haven.

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