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Sweden: Jean Tirole wins Nobel Prize for economics00:45

Sweden: Jean Tirole wins Nobel Prize for economics

Sweden, Stockholm
October 13, 2014 at 04:38 GMT +00:00 · Published

The Royal Swedish Academy of Science announced that the French professor Jean Tirole won the Nobel Prize for economics 2014 in Stockholm on Monday. Tirole, who works at the Toulouse University, got the recognition for his analysis of market power and regulation.

The Academy argued Tirole has played a major role examining competition, and analysing how large firms should be regulated to prevent consumers being damaged by monopoly behaviour. He was described as "one of the most influential economists of our time."

The Nobel Laureates take centre stage in Stockholm on December 10, when they receive the Nobel Medal, Nobel Diploma and a document confirming the Nobel Prize amount from King Carl XVI Gustaf of Sweden.

Sweden: Jean Tirole wins Nobel Prize for economics00:45
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Description

The Royal Swedish Academy of Science announced that the French professor Jean Tirole won the Nobel Prize for economics 2014 in Stockholm on Monday. Tirole, who works at the Toulouse University, got the recognition for his analysis of market power and regulation.

The Academy argued Tirole has played a major role examining competition, and analysing how large firms should be regulated to prevent consumers being damaged by monopoly behaviour. He was described as "one of the most influential economists of our time."

The Nobel Laureates take centre stage in Stockholm on December 10, when they receive the Nobel Medal, Nobel Diploma and a document confirming the Nobel Prize amount from King Carl XVI Gustaf of Sweden.

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