Elinor Ostrom and Oliver Williamson won the prize today for their work on how economic transactions operate outside markets in common spaces and within companies. Prof Ostrom is the first woman to win the prize.
Further information on the winners:
The Prize in Economics 2009 – Official press statement with links to information on the economists and their recent work.
Nobel economics prize for governance duo – FT.com, with profiles
Elinor Ostrom at Indiana University
Oliver Williamson at UC Berkeley
What This Year’s Nobel Prize in Economics Says About the Nobel Prize in Economics – Steven D. Levitt at NYT Freakanomics blog.
