1993
Douglass C. North
Picture
(1920 - 2015)
Nationality
USA
Area of specialisation
Economic history
Price Motivation
For having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.
Affiliation at the time of Award
Washington University, St. Louis, MO, USA
CONTRIBUTION
1 Shed new light on the economic development in Europe and the United States before and in connection with the industrial revolution. He emphasized the role of property rights and institutions.
PUBLICATIONS
1 The Economic Growth of the United states, (1790-1860). (1961.). 2 The Economics of Public Issues (1971). 3 Institutional Change and American Economic Growth-(1971). 4 Structure and Change in Economic History (1981).