ASU, U-C Berkeley professors win Nobel Prize in Economic Sciences - Collegenews.:
"Two college professors, Elinor Ostrom and Oliver Williamson, have won the 2009 Nobel Memorial Prize in Economic Sciences, according to press releases from their respective institutions of higher learning.
According to the Royal Swedish Academy of Sciences, the scientific organization that serves as the selection board for the prize, Ostrom won for her “analysis of economic governance, especially the boundaries of the firm.”
The Academy further noted that, “Elinor Ostrom has challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatized.”
Elinor Ostrom is the second ASU professor to have received a Nobel Prize in economics, while Oliver Williamson is the fifth recipient of an economics Nobel from U-C Berkeley."
"Two college professors, Elinor Ostrom and Oliver Williamson, have won the 2009 Nobel Memorial Prize in Economic Sciences, according to press releases from their respective institutions of higher learning.
According to the Royal Swedish Academy of Sciences, the scientific organization that serves as the selection board for the prize, Ostrom won for her “analysis of economic governance, especially the boundaries of the firm.”
The Academy further noted that, “Elinor Ostrom has challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatized.”
Elinor Ostrom is the second ASU professor to have received a Nobel Prize in economics, while Oliver Williamson is the fifth recipient of an economics Nobel from U-C Berkeley."