The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 to Daron Acemoglu ;Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity”.

FACTS AND FIGURES

• In 1968, Sveriges Riksbank (Sweden’s central bank) established this Prize in memory of Alfred Nobel, founder of the Nobel Prize.
• The oldest Laureate in Economic Sciences to date is Leonid Hurwicz, who was 90 years old when he was awarded in 2007. He is also the oldest Laureate to be awarded in all Prize categories.
• To date, the youngest Laureate in Economic Sciences is Esther Duflo followed by Kenneth J. Arrow, who was 51 years old when he was awarded in 1972.
• Elinor Ostrom was the first female Laureate in Economic Sciences. Elinor Ostrom was awarded the Prize in 2009.