3 Americans win Nobel prize for work on predicting markets | West Central Tribune

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Robert Shiller, one of three American scientists who won the 2013 economics Nobel prize, poses at his home in New Haven, Connecticut October 14, 2013. REUTERS/Michelle McLoughlin

3 Americans win Nobel prize for work on predicting markets

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By Johan Ahlander and Alister Bull

STOCKHOLM/WASHINGTON (Reuters) - Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of long term asset prices, a hot topic since the collapse of the U.S. housing market bubble prompted a global financial meltdown.

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