Nobel Prize For Economics Awarded To Three Americans For Their Work on Asset Prices

Eugene Fama, Lars Peter Hansen, and Robert Shiller

Oct 14 (Reuters)—Three American scientists won the 2013 economics Nobel prize on Monday "for their empirical analysis of asset prices," the award-giving body said.

The Royal Swedish Academy of Sciences gave the 8 million crown ($1.25 million) prize to Eugene Fama, Lars Peter Hansen and Robert Shiller.