Nobel Prize

Okay, so everybody now knows that Elinor Ostrom and Oliver Williamson won the Nobel Prize. A good day for Berkeley Economics! Williamson paid 82-1 in our pool, and nobody bet on Ostrom. here is the Nobel Prize committee announcement. Michael Spence talks about it here. And here and here are discussions at Marginal Revolution.

Nobel Prize

The Nobel Prize in economics will be announced on Monday. Our annual lottery (which tends to be more accurate than all other pools and lotteries in the profession) is underway. Here are the latest odds.

Economist	Payoff to a Dollar Bet
Diamond	5.5	to	1
Mortensen	7.6666667	to	1
Pissarides	7.6666667	to	1
Shiller	12	to	1
Sims	12	to	2
Nordaus	18.5	to	1
Fehr	25	to	1
Hansen	25	to	1
Dreze	38	to	1
Hausman	38	to	1
Hendry	38	to	1
The Field	38	to	1
White	38	to	1
Williamson	38	to	1
Arthur	77	to	1
Barro	77	to	1
Broom, John	77	to	1
Feldstein	77	to	1
Hart	77	to	1
Holmstrom	77	to	1
Jorgensen	77	to	1
Kornai	77	to	1
Krueger	77	to	1
Nelson	77	to	1
Sachs	77	to	1
Sargent	77	to	1
Wilson	77	to	1
Winter	77	to	1