Topic - Dale Mortensen

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  • This undated photo provided by Northwestern University shows Dale Mortensen, a Nobel laureate and longtime professor of economics at Northwestern University. Personal assistant and close family friend Sue Triforo says Mortensen died Thursday, Jan. 9, 2014, at his home in Wilmette, Ill. He was 74. Mortensen shared the Nobel economics prize with two other Americans in 2010 for their work explaining how unemployment can remain high despite a large number of job openings. (AP Photo/Courtesy of Northwestern University, Lars Kruse) MANDATORY CREDIT

    Nobel laureate Dale Mortensen dies at 74

    EVANSTON, Ill. (AP) — Nobel laureate and longtime Northwestern University economics professor Dale Mortensen has died.

  • ** FILE ** Peter Diamond (AP Photo/Gregorio Borgia, File)

    2 Americans, 1 British-Cypriot win econ Nobel

    Two Americans and a British Cypriot won the 2010 Nobel economics prize Monday for developing a theory that helps explain how many people can remain unemployed despite a large number of job vacancies.

  • Dale Mortensen (shown), along with Peter Diamond and Christopher Pissarides, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Associated Press)

    3 win Nobel prize for work on labor market

    Two Americans and a British-Cypriot economist won the 2010 Nobel economics prize Monday for developing a theory that helps explain how many people can remain unemployed despite a large number of job vacancies.

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  • Mr. Mortensen told the AP he was asked not to share the news until the announcement in Stockholm 30 minutes later.

    2 Americans, 1 British-Cypriot win econ Nobel →

  • The Nobel is awarded jointly to Americans Peter Diamond and Dale Mortensen, and British Cypriot Christopher Pissarides, as joint winners for developing theories that help explain how economic policies can affect unemployment.(AP Photo/Sang Tan)

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