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THE ROYAL ECONOMIC SOCIETY PRIZE

The Society introduced the prize in 1990, the year of the Centenary Volume, and awarded it to the author of the best (non-solicited) paper published in The Economic Journal over the two-year period 1988-89. This format for the prize continued until 1995 and in 1996 the prize was awarded annually and the money was increased to £3000. A small committee consisting of the President, the Managing Editor of The Economic Journal and one member of the Society Council appointed by them, awards the prize in the year following publication.


The 2007 RES Prize for the best non-solicited paper published in The Economic Journal was awarded at the recent RES conference at the University of Warwick. The prize went to Michele Piccione and Ariel Rubinstein for their paper "Equilibrium in the Jungle", vol. 117, p883

The next Royal Economic Society Prize of £3,000 will be for the best paper in The Economic Journal for the year 2008.

Previous Awards
2007 Michele Piccione & Ariel Rubinstein
Equilibrium in the Jungle
Vol 117, p883
2006 Marcos Rangel
Alimony Rights and Intrahousehold Allocation of Resources: Evidence from Brazil
Vol 116, p627
2005 Tilman Börgers and Christian Dustmann
Strange Bids: Bidding Behaviour in the United Kingdom's Third Generation Spectrum Auction
Vol 115, p551
2004 Paul Cheshire and Stephen Sheppard
Capitalising the Value of Free Schools: The Impact of Supply Characteristics and Uncertainty
Vol 114, p F397
2003 Geir Asheim and Martin Dufwenberg
Deductive Reasoning in Extensive Games
Vol 113, p305
2002 Wilfred J Ethier
Unilateralism in a Multilateral World
Vol 112, p266
2001 Song Han and Casey B Mulligan
Human Capital, Heterogeneity and Estimated Degrees of Intergenerational Mobility
Vol 111, p207
2000 Richard Dickens
The Evolution of Individual Male Earnings in Great Britain: 1975-95
Vol 110, p27
1999 J J Heckman and J A Smith
The Pre-programme Earnings Dip and the Determinants of Participation in a Social Programme: Implications for Simple Programme Evaluation Strategies
Vol 109, p313
1998 M Armstrong
Network Interconnection in Telecommunications
Vol 108, p545
1997 W K Viscusi
Alarmist Decisions with Divergent Risk Information
Vol 107, p1657
1996 D Friedman
Equilibrium in Evolutionary Games: Some Experimental Results Vol 106, p1
1994-5 D Acemoglu and A Scott
Consumer Confidence and Rational Expectations: Are Agent's Beliefs Consistent with the Theory
Vol 104, p1
1992-3

J Pemberton
Attainable Non-optimality or Unattainable Optimality: A New Approach to Stochastic Life Cycle
Vol 103, p1 and p992 (erratum)

1990-1

M Hashem Pasaran
An Econometric Analysis of Exploration and Extraction of Oil in the UK Continental Shelf
Vol 100, p367

1988-89 O Attanasio and G Weber
Intertemporal Substitution, Risk Aversion and the Euler Equation for Consumption
Conference paper
Vol 99, p59s

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