MORE WORLD NEWS
News from region's first prime-time newscast. You'll find it First On Fox!
3 Americans win economics Nobel for analysis of asset prices
Reported by: Associated Press
Reported: Monday, October 14, 2013 7:07 AM EDT
Americans Eugene Fama, Lars Peter Hansen and Robert Shiller have won the Nobel Memorial Prize in Economic Sciences.
The Nobel committees have now announced all six of the annual $1.2 million awards for 2013.
The economics award is not a Nobel Prize in the same sense as the medicine, chemistry, physics, literature and peace prizes, which were created by Swedish industrialist Alfred Nobel in 1895.
Sweden's central bank added the economics prize in 1968 as a memorial to Nobel.