Institute Professor Peter Diamond PhD ’63 will collect the Nobel Prize in economics on Friday, Dec. 10, during a ceremony at the Stockholm Concert Hall in Sweden.
Diamond, Dale T. Mortensen of Northwestern University and Christopher A. Pissarides of the London School of Economics won the prize this year for their analysis of “markets with search frictions,” which roughly equates to any setting in which buyers and sellers don’t easily find one another.
To watch a live webcast of the Nobel Prize Award Ceremonies, which begin at 10:30 a.m. EST on Friday, please click here.
Earlier this week, Diamond delivered a prize lecture titled, “Unemployment, Vacancies, Wages.” To watch a video of the lecture, please click here.
Image courtesy of the researchers
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