First woman awarded Nobel Prize in economics
source: http://rawstory.com/2009/10/first-woman-awarded-nobel-prize-in-economics/
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The Nobel Economics Prize was awarded Monday to US economists Oliver Williamson and Elinor Ostrom, the first woman to win the award, for research on corporate governance and natural resource management.
Their work may be seen as particularly germane in the wake of the global financial crisis and ongoing efforts to combat climate change.
"The research of Elinor Ostrom and Oliver Williamson demonstrates that economic analysis can shed light on most forms of social organisation," the jury said.
Ostrom won half the 10-million-kronor (1.42-million-dollar, 980,000-euro) prize "for her analysis of economic governance" especially relating to the management of common property or property under common control, such as natural resources.
Her work challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatised, the jury said.
Their work may be seen as particularly germane in the wake of the global financial crisis and ongoing efforts to combat climate change.
"The research of Elinor Ostrom and Oliver Williamson demonstrates that economic analysis can shed light on most forms of social organisation," the jury said.
Ostrom won half the 10-million-kronor (1.42-million-dollar, 980,000-euro) prize "for her analysis of economic governance" especially relating to the management of common property or property under common control, such as natural resources.
Her work challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatised, the jury said.
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eden49
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...well, what can I say, lol...hand over the reigns, guys, and let's get this mess cleaned up...(Bansheewail, you can be my toy boy...)...
- 2 years ago
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eden49
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bansheewail
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You go girl!
- 2 years ago
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bansheewail
