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Three US academics share Nobel Prize in economics for studies of finance

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Three U.S. economists were awarded the Nobel Prize in economics Monday morning for their work on the study of changes in prices in stocks, bonds, and other assets. The winners are Eugene Fama and Lars Peter Hansen of the University of Chicago, and Robert Shiller of Yale. Fama and Schiller are often thought of as intellectual opponents. Fama is famous for developing the efficient market...

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