3 possible Indians for Nobel Prize, 2008

3 possible Indians in the list of Nobel Prize for Economics, 2008

1. Jagdish Natwarlal Bhagwati

2. Avinash Kamalakar Dixit

3. Partha Sarathi Dasgupta

Jagdish Natwarlal Bhagwati

Jagdish Natwarlal Bhagwati (born in 1934) is a economist indo - American, contributor major with the news theories of the international business since the Années 1950. He currently teaches with the University of Columbia. He frequently publishes books of popularization on the Libre-échange. He puts in particular forward the concept of “growth impoverishing” like fruit of the Dégradation of the terms of trade, theorized by the Argentinian economist Raul Prebisch. That one lies within the scope of free trade and corresponds to a reduction in the purchasing power available to a country thanks to its exports. Consequently, this country will have to export more to be able to import as much as before. In that there is “impoverishing growth”; a country exhausts more resources to import as much because according to the Effet of pawl, the imports of a country cannot appreciably decrease.

Awards and praise

• In 2006, he was awarded Japan's Order of the Rising Sun, Gold and Silver Star.
  
• He was conferred the Lifetime Achievement Award by the Indian Chamber of Commerce in 2004.
  
• In 2000 he was awarded Padma Vibhushan award.
  
• He received the Seidman Distinguished Award in International Political Economy in 1998.
  
• In 1974, he was awarded the Indian Econometric Society's Mahalanobis Memorial Medal.
  

Other awards include the Bernhard Harms Prize (Germany), the Kenan Enterprise Award (United States), the Freedom Prize (Switzerland), and the John R. Commons Award (United States). He has also received honorary degrees from the University of Sussex and Erasmus University, as well as others.

Avinash Kamalakar Dixit

Avinash Kamalakar Dixit (born 1944 in Bombay) is an Indian-American economist. Dixit is Sherrerd University Professor of Economics at Princeton University. His research interests include microeconomic theory, game theory, international trade, industrial organization, growth and development theories, public economics, political economy, and the new institutional economics. Also, Dixit's book on real options (co-authored by R. Pindyck) is considered a major contribution in financial economics. He was President of the Econometric Society in 2001, and was a Vice-President in 2002 and is the President in 2008 of the American Economic Association. He was elected to the American Academy of Arts and Sciences in 1992 and the National Academy of Sciences in 2005.

He has written a new book, Lawlessness and economics, which is contribution to NIE. He is the co-author of the books Games of Strategy,Thinking Strategically with Barry Nalebuff of the Yale School of Management, as well as Investment under Uncertainty with Robert Pindyck.

Partha Sarathi Dasgupta

Sir Partha Sarathi Dasgupta, FBA, FRS, is the Frank Ramsey Professor of Economics at the University of Cambridge, United Kingdom, and a fellow of St John's College, Cambridge. He was born in the sacred city Varanasi (Benares,Kashi), India.

Research

Research interests have covered welfare and development economics; the economics of technological change; population, environmental, and resource economics; the theory of games; and the economics of undernutrition.

Education

He did undergraduate studies in Physics at the University of Delhi, India and then did a B.A Mathematics at Cambridge. This was followed by a PhD in Economics at Cambridge

Affiliations

Dasgupta is a fellow of St. John's College, a fellow of the Econometric Society, a fellow of the British Academy, foreign honorary member of the American Academy of Arts and Sciences, honorary fellow of the London School of Economics, honorary member of the American Economic Association, member of the Pontifical Academy of Social Sciences, foreign associate of the U.S. National Academy of Sciences, fellow of the Third World Academy of Sciences and patron of the Optimum Population Trust. He is a past president of the Royal Economic Society (1998-2001) and the European Economic Association (1999). From 1991 to 1997, Dasgupta was chairman of the scientific board of the Beijer International Institute of Ecological Economics of the Royal Swedish Academy of Sciences and, from 1989 to 1992, professor of economics and philosophy, and director of the Program in Ethics in Society at Stanford University.

Honours

Dasgupta was named Knight Bachelor by Her Majesty Queen Elizabeth II in 2002 in her Birthday Honours List for services to economics and was co-recipient (with Karl Goran Maler) of the 2002 Volvo Environment Prize. He is a fellow of the Royal Society (elected 2004) and a foreign member of the American Philosophical Society (elected 2005).