American Woman First To Win Nobel In Economics

Illustration for article titled American Woman First To Win Nobel In Economics

The Nobel Prize in Economics was awarded this morning to two American academics, one of whom, Elinor Ostrom, is the first female to win the award out of the sixty-two individuals who have received the prize previously.

Ostrom is also the fifth woman to win a Nobel this year, a new "record." Ostrom, who teaches at the Indiana University, Bloomington, and has a Ph.D. in political science, describes the honor as an "immense surprise," adding, "I'm still a little bit in shock." She will share the $1.4 million prize with Oliver Williamson, but does not plan to keep her half for herself, explaining she intends to devote the proceeds to supporting research and funding graduate students.

Americans Ostrom, Williamson Win Nobel Economics [Washington Post]
Ostrom, Williamson Win Nobel Prize For Economics [Wall Street Journal]
Elinor Ostrom And Oliver E. Williamson Win Nobel In Economic Science [New York Times]

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It's Indiana University, not University of Indiana.