Jean Tirole, in a file photo.
The Royal Swedish Academy of Sciences has awarded Professor Jean Tirole (1953) the Nobel Prize in Economics for his studies on the power of markets and its regulation. This French economist, director Jean-Jacques Laffont Foundation at the Toulouse School of Economics, is one of the foremost thinkers of the world in the theoretical and practical application of Game Theory and Information Theory.
Tirole also notable for its analysis of the inefficiencies associated with insider traders, and consequently, for the design of contracts and public policies to mitigate these inefficiencies.
Jean Tirole has also directed his research to the study of phenomena such as crashes financial and economic bubbles burst. He has authored over 150 articles and several books of international reference, both in academia and in the Administration.
The French economist received the BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Business Management in 2008.
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