Well, to be precise, it’s a Nobel for the Economics of Competition Law. And there can be no doubt that the man who’s picture you see above deserves it hands down !! Jean Tirole is the official winner of the 2014 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 “for his analysis of market power and regulation”. His work is extensive and if I start off, this is going to become a fairly long post, so I managed to find a fairly decent summary for our readers to get to know him and his work better.
UPDATE: Also find an Article by Prerna Katiyar titled “Jean Tirole: Why the Economics Nobel prize winner’s research is important for India” recently published on 19th October, 2014.