What specific prize in economics did Tirole win in 2014?
The Hayek Prize
Craufurd Goodwin Award
Nobel Memorial Prize
John Bates Clark Medal
Answer
Jean Tirole won the Nobel Memorial Prize in Economic Sciences in 2014 for his work on market power and regulation. His research has shown how firms can use their market power to extract profits from consumers, and how governments can use regulation to limit this power and protect consumers.
Mastering the Jean-ius: A Quiz on the Extraordinary Mind of Jean Tirole