(1981) J TOBIN – for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices; (1982) G J STIGLER – for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation; (1983) G DEBREU – for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of general equilibrium; (1984) R STONE – for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis; (1985) F MODIGLIANI – for his pioneering analyses of saving and of financial markets; (1986) J BUCHANAN, JR – for his development of the contractual and constitutional bases for the theory of economic and political decision-making; (1987) R M SOLOW – for his contributions to the theory of economic growth; (1988) M ALLAIS – for his pioneering contributions to the theory of markets and efficient utilization of resources; (1989) T HAAVELMO – for his clarification of the probability theory foundations of econometrices and his analyses of simultaneous economic structures; (1990) H M MARKOWITZ, M H MILLER & W F SHARPE – for their pioneering work in the theory of financial economics.

Readership: Economists and social scientists.

"As the editor observes, the economists whose work is depicted here in the presentation speeches, the laureates' usually brief autobiographical accounts, and the lectures, have made various contributions to the discipline."