The Nobel Prize in Economic Sciences was shared by Americans William D. Nordhaus and Paul M. Romer, for work on the interplay of climate and the economy.
The prize awarded Monday is the final Nobel awarded this year after accolades for medicine, physics, chemistry and peace were given last week.
The Swedish Academy decided to delay this year’s Nobel in Literature until 2019 after a sexual scandal rocked the Academy and jury that awards the prize.
Sveriges Riksbank (Sweden’s central bank) established the prize in economics in 1968 in memory of Alfred Nobel and it has been awarded by the Academy since 1969.
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