Americans tend to dominate in Nobel Economics

Published måndag 15 oktober 2012 kl 09.16

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The winning duo's nationality comes as no surprise following the recent American domination of the economics prize.

The past 10 years' 20 laureates and co-laureates include 17 Americans, of whom two are Israeli-Americans.

Unlike the other Nobel prizes which have been handed out since 1901, the Bank of Sweden's prize for economic sciences in memory of Alfred Nobel – which was not part of Alfred Nobel's will that created the awards – was only given out for the first time in 1969.