Dale T. Mortensen delivered his Prize Lecture on 8 December 2010 at Aula Magna, Stockholm University.

I was born in Superior, Wisconsin on September 27, 1932 as the second child of Scott and Lucille Williamson. Both of my parents had been high school teachers but my father left teaching when he married my mother and joined my grandfather, Oliver E. Dunn, in the family real estate business. My...

I was born in Los Angeles, California, on August 7, 1933, and grew up during the Great Depression. Fortunately, our house had a large backyard that we filled with a vegetable garden and fruit trees. I learned how to grow vegetables and how to can apricots and peaches during the heat of summer....

Interview conducted on 6 December 2013.

Interview conducted on 6 December 2012.

Alvin E. Roth delivered his Prize Lecture on 8 December 2012 at Aula Magna, Stockholm University.

Interview conducted on 6 December 2012.

Lars Peter Hansen delivered his Prize Lecture on 8 December 2013 at Aula Magna, Stockholm University.

My grandfathers were both immigrants to the US, one from Estonia, then part of the Russian empire, and the other from England. The Estonian, William Morris Leiserson, was Jewish. He fled Estonia in 1890 at the age of seven, through a forest in the dark of night, with his mother and two brothers....

Economists study how societies allocate resources. Some allocation problems are solved by the price system: high wages attract workers into a particular occupation, and high energy prices induce consumers to conserve energy. In many instances, however, using the price system would encounter...