Three US-based academics won the 2021 Nobel prize for economics for work using experiments that draw on real-life situations to revolutionise empirical research.

David Card at the University of California Berkeley, Joshua Angrist of the Massachusetts Institute of Technology, and Guido Imbens at Stanford University will share the Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel, officials of the Royal Swedish Academy of Sciences announced in Stockholm this week. ..

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