Nobel Prize in Economics The 2017 Nobel Prize in Economic Sciences has been awarded to Richard Thaler of the University of Chicago for his pioneering work in behavourial economics RECENT LAUREATES 2016: Bengt Holmström, Finland, Oliver Hart, United Kingdom, “for their contributions to contract theory” 2015: Angus Deaton, UK 2014: Jean Tirole, France 2013: Eugene F. Fama, U.S. Lars Peter Hansen, U.S. Robert J. Shiller, U.S. 2012: Alvin E. Roth, U.S. Lloyd S. Shapley, U.S. Source: Nobelprize.org Pictures: Associated Press, Getty Images © GRAPHIC NEWS