Western "Unemployment disease" Jixun antidote Three Musketeers "occasional" award.

<P> 2010 Nobel Economics Prize on the 11th announced, before the losing candidate to accidents, three of the unemployment problem economists share awards. .</ P> <P> headquartered in Stockholm, Sweden, 11, announced the Royal Swedish Academy of Sciences, the American A · Peter Diamond, Dale Mortensen, and T · with the United Kingdom, Cyprus dual Christopher Pisa Li Clerides to ."analysis of existing market search frictions," the 2010 Nobel Prize in Economics. .They offer a new economic model to help explain how policies affect the unemployment rate. .</ P> <P> winning result, the market unexpectedly, after the popular psychology of behavioral economics and decision-making have voted. .In Western economies, "the unemployment disease" spreading the context of the employment problem for the awards are handed out seems rather "occasion." .</ P> <P> the awards, the Royal Swedish Academy of Sciences, 11, said the Nobel laureate's award-winning grounds, based on their "analysis of existing market search frictions," made of. .</ P> <P> Royal Swedish Academy of Sciences said the winners of the market to get this award. ."The market for trade and most transactions are carried out, of course, there will be some trade friction, difficult to get the buyer wants to buy goods, the seller is difficult to find consumers. In the labor market, many companies find that there will be many job openings, .The number of unemployed workers find suitable jobs. "</ P> <P> Diamond, who developed the theory explains this conflict on the market, their theory is based on microeconomics, the market's reasonable productivity .out; their theory that the employment of workers to be more reasonable, and needs work in the recruitment of staff should provide a reasonable mechanism. .</ P> <P> in the award statement, the Royal Swedish Academy of Sciences, said the theory has become a leading theory of structure, not only for the labor market can be, for solving a variety of policy issues will also help. .For example you can apply to the entire real estate market in economics and family economics. .In addition, this year's winners of the theory have also greatly improved the theory of the relevant market. .</ P> <P> trio will share the 10 million kronor (U.S. $ 1,460,000) prize money. .Nobel Prize in Economics in 1968 from the Bank of Sweden to commemorate the addition of the Nobel, the selection criteria is the same with the other awards, the winners selected by the Royal Swedish Academy of Sciences. .</ P> <P> price and the quality of what the role of workers? .Government intervention can make markets function more effectively? .Nobel Prize winners in the current study to address these issues. .Royal Swedish Academy of Sciences issued a statement on its Web site said: "They help us understand the theory of unemployment, vacancies and salaries by the government's economic policy to be affected." </ P> <P> 11, said the Royal Swedish Academy of Sciences, .If we are to really understand what factors determine the rate of unemployment, we need to look at labor market policies. .Diamond, who answer to a common problem, they analyzed the relationship between price and supply. .</ P> <P> pending the outcome of early awards, all winners of the Prize in Economics will be endless speculation: behavioral economics, decision-making psychology; business cycle theory; three major theories of social economics as the favorites. .But the results show that the jury is still more popular for the unemployment rate of economic theory, which highlights the high unemployment rate in Europe is becoming more and more people focus. .</ P> <P> earlier media speculation that the popular candidate, the market behavior and psychology of decision-making is considered the best candidate for this year's Nobel Economic Prize. .In which the behavior of well-known American economist, University of Chicago, Richard Taylor and Robert J. Shiller of Yale University received the highest support. .The former is considered a pioneer in behavioral finance, market behavior and decision making in the study of deep psychological and accomplished; the latter is a big influential economist, he had first predicted that the U.S. housing market bubble. .</ P>.