Ostrom and Williamson Americans win Nobel Economics Prize 2009

Elinor Osrom Americans and Oliver E. Williamson are the winners of the 2009 Nobel Prize in Economics for his analysis of economic governance and on the limits of the companies, said Wednesday's Riksbank of Sweden.
Ostrom is the first woman to receive a Nobel Prize in Economics for his theories on the role of business in conflict resolution and analysis of how economic transactions are conducted not only through markets but within firms , associations and families.
Williamson has added to these the analysis regarding the role of enterprises as alternative governance structures and limits.
Ostrom, born in 1933 in Los Angeles, is Professor of Political Science at the University of Los Angeles and founder of the Center for the Study of Institutional Diversity at the University of Arizona.
Williamson, born in 1932 in Superior, United States, a doctorate in economics in 1963 at Carnegie Mellon University and carries on Berkeley.
Last year's winner was American Paul Krugman, creator of new theories that integrated international trade and economic geography, as well as prestigious writer and opposition to the policies of former U.S. President George W. Bush.
The economics award closes the round of announcements of the Nobel 2009, the most coveted of which, the Peace, went on Friday at the U.S. president, Barack Obama.
The Literature, announced Thursday, was for the Romanian-German writer Herta Müller, considered the voice of the dispossessed and Germanic minority representative in Romania.
With regard to the scientific field, on Monday last week was unveiled in medicine going to Americans Elizabeth H. Blackburn, Carol Greider and Jack W.

This was followed in Physics, the British-American Charles Kuen Kao and Sterling Americans Willard Boyle and George Elwood Smith.On Wednesday, the chemistry was awarded to Americans Venkatraman Ramakrishnan and Thomas A. Israeli Steitz and Ada E.

Nobel economics prize endowed with ten million kronor (980,000 euros or $ 1.4 million) and, like the rest, is delivered on December 10, the anniversary of the death of its founder, Alfred Nobel.

All the awards were handed out in Stockholm except for Peace, which takes place in Oslo ceremony.