The prize-awarding institutions will conduct this year’s Nobel festivities in Stockholm from 6 to 12 December.
The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Aghion and Howitt “for the theory of sustained growth through creative destruction.”
The Nobel Economics Prize wraps up the 2025 season when it is announced on Monday, as experts say this year’s prize could honour research on artificial intelligence or inequality.
For the second year in a row, the Nobel Prize winner’s announcement and award ceremony was conducted online with the awardees being felicitated in their own home countries.
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