World Economy

Economics Nobel Prize Announcement Looms as Prediction Markets Weigh Contenders

The 2026 Nobel Prize in Economic Sciences will be announced Monday. Prediction markets offer early signals on potential winners. The Swedish central bank established the award in 1968, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Selection committees typically favor laureates of advanced age, allowing time to assess the lasting impact of their research on the field and society. The Nobel committee sometimes honors work addressing contemporary issues, while other years recognize technical innovations that strengthened economists' empirical methods. Prize predictors point to prediction markets as valuable tools for aggregating dispersed information about likely winners. The announcement concludes weeks of speculation about which economists' contributions merit recognition as the world's most prestigious award in the discipline.