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UPSO author wins 2015 Nobel Prize for Economics

October 13, 2015

Understanding Consumption

It has been announced that Angus Deaton, Dwight D. Eisenhower Professor at Princeton University, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015. Citing his outstanding "analysis of consumption, poverty, and welfare", the Royal Swedish Academy of Sciences went on to say of Professor Deaton's outstanding contribution and advancement to the field of economics: 

"To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics."

From Oxford University Press and the University Press Scholarship Online (UPSO) team, we'd like to extend our heart-felt congratulations to Professor Deaton. To celebrate this amazing accolade, we've made chapters from his works free on University Press Scholarship Online for a limited time, published by Oxford University Press, the University Press of Chicago, and British Academy Publications alike. Read the chapters below, penned by Professor Deaton, which cover the topics he won the award for, including consumption analysis and the relationship between economics and health:

 Professor Deaton joins the ranks of numerous other Economics Nobel Prize winners who have work on University Press Scholarship Online. Get access to the Nobel Prize winning works, as well as almost a thousand other Economics and Finance titles, by recommending UPSO to your librarian today.