Nobel Panel to Announce Winner of Economics Prize


STOCKHOLM (AP) — The winner, or winners, of this yr’s Nobel Prize for economics will probably be introduced Monday on the Royal Swedish Academy of Sciences, in Stockholm.

The prizes carry a money award of 10 million Swedish kronor (almost $900,000) and will probably be handed out on Dec. 10.

Unlike the opposite prizes, the economics award wasn’t established in Alfred Nobel’s will of 1895 however by the Swedish central financial institution in his reminiscence. The first winner was chosen in 1969.

Last yr, half of the award went to David Card for his analysis on how the minimal wage, immigration and training have an effect on the labor market. The different half was shared by Joshua Angrist and Guido Imbens for proposing research points that do not simply match conventional scientific strategies.

Per week of Nobel Prize bulletins kicked off Oct. 3 with Swedish scientist Svante Paabo receiving the award in drugs for unlocking secrets and techniques of Neanderthal DNA that offered key insights into our immune system.

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Three scientists collectively received the prize in physics Tuesday. Frenchman Alain Aspect, American John F. Clauser and Austrian Anton Zeilinger had proven that tiny particles can retain a reference to one another even when separated, a phenomenon often known as quantum entanglement, that can be utilized for specialised computing and to encrypt data.

The Nobel Prize in chemistry was awarded Wednesday to Americans Carolyn R. Bertozzi and Okay. Barry Sharpless, and Danish scientist Morten Meldal for growing a method of “snapping molecules collectively” that can be utilized to discover cells, map DNA and design medicine that may goal illnesses akin to most cancers extra exactly.

French creator Annie Ernaux received this yr’s Nobel Prize in literature Thursday. The panel recommended her for mixing fiction and autobiography in books that fearlessly mine her experiences as a working-class lady to discover life in France because the Forties.

The Nobel Peace Prize went to jailed Belarus human rights activist Ales Bialiatski, the Russian group Memorial and the Ukrainian group Center for Civil Liberties on Friday.

Follow all AP tales concerning the Nobel Prizes at https://USA Prime Time.com/hub/nobel-prizes

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