The 2012 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was divided equally between Alvin E. Roth and Lloyd S. Shapley

The 2012 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was divided equally between Alvin E. Roth and Lloyd S. Shapley “for the theory of stable allocations and the practice of market design”.

In 1968, Sveriges Riksbank (Sweden’s central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The first Prize in Economic Sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.

The Prize in Economic Sciences in Memory of Alfred Nobel is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden, according to the same principles as for the Nobel Prizes that have been awarded since 1901.