Tirole has made many huge contributions to the field of Industrial Organisation that we’re studying this semester. I know I’m a bit late on this as I’ve been away, but here’s a nice summary of why Tirole deserved to win the prize.

We’ll be seeing some of his work later in the Industrial Organisation course, and this perhaps gives you an additional reason to consult his excellent textbook.

For more information, read this non-technical introduction to his work, or this more comprehensive one.

Jean Tirole wins the 2014 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

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