Nobel economics prizes focus on policy, regulation
China Daily | Updated: 2010-10-12 07:59
STOCKHOLM - Two Americans and a British-Cypriot won the 2010 economics Nobel for work focusing on problems like unemployment.
The Royal Swedish Academy of Sciences said the $1.5 million prize recognized United States professors Peter Diamond and Dale Mortensen and British-Cypriot citizen Christopher Pissarides.
Their work included analyses of the process of buying and selling and how job vacancies and wages are affected by regulation and policy.
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