Three US economists win Nobel prize for economics

Reuters

STOCKHOLM, Oct 14 (Reuters) - Three American scientists wonthe 2013 economics Nobel prize on Monday "for their empiricalanalysis of asset prices," the award-giving body said.

The Royal Swedish Academy of Sciences gave the 8 millioncrown ($1.25 million) prize to Eugene Fama, Lars Peter Hansenand Robert Shiller.

The economics prize, officially called the Sveriges RiksbankPrize in Economic Sciences in Memory of Alfred Nobel, wasestablished in 1968. It was not part of the original group ofawards set out in dynamite tycoon Nobel's 1895 will.

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