The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".
Royal Navy | Royal Air Force | Swedish language | Royal Dutch Shell | Royal Society | Royal Albert Hall | Royal Shakespeare Company | Royal Opera House | Royal Victorian Order | Royal Engineers | Royal Australian Navy | Royal National Theatre | Royal Canadian Navy | Royal Canadian Air Force | Royal Court Theatre | Royal Marines | Royal Commission | Royal Academy of Music | Anne, Princess Royal | Royal Philharmonic Orchestra | Theatre Royal, Drury Lane | Royal Flying Corps | Royal Canadian Mounted Police | Royal Australian Air Force | Royal Artillery | Royal Festival Hall | Royal College of Art | Royal Botanic Gardens, Kew | British Royal Family | Royal College of Music |