Source: The post is based on the article “Indian-American C.R. Rao wins Nobel Prize equivalent in statistics” published in The Hindu on 10th April 2023 What is the News? Indian-American statistician Calyampudi Radhakrishna Rao has been awarded the 2023 International Prize in Statistics often referred to as the Nobel Prize of Statistics. What is the… Continue reading Indian-American C.R. Rao wins Nobel Prize equivalent in statistics
Tag: Nobel Prize
Explained: Top prize for labour economics
Contents1 What is the News?2 What are Natural Experiments?3 David Card’s work on Wages & Jobs4 Angrist and Imbens work on education and pay What is the News? The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Economics to three US-based economists: David Card, Joshua D. Angrist and Guido W. Imbens. The… Continue reading Explained: Top prize for labour economics
Simple, but brilliant: on Nobel Prize for Chemistry
Synopsis: This year’s Nobel Prize for Chemistry is awarded for the discovery of an efficient, “precise, cheap, fast and environmentally friendly” concept of catalysis asymmetric organocatalysis. Read – What is asymmetric organocatalysis? Significance of discovery Simpler: This concept for making molecules is simpler than one could ever imagine. Accelerating research: The multitudes of new organocatalysts… Continue reading Simple, but brilliant: on Nobel Prize for Chemistry
2 journalists battling for freedom of expression awarded peace Nobel
What is the news? Maria Ressa of the Philippines and Dmitry Muratov of Russia received the Nobel Prize for Peace “for their courageous fight for freedom of expression”. This is the first Nobel Peace Prize for journalists since the German Carl von Ossietzky won it in 1935 for revealing his country’s secret post-war rearmament programme.… Continue reading 2 journalists battling for freedom of expression awarded peace Nobel
Explained: Importance of Nobel winner Abdulrazak Gurnah’s writing in highlighting the refugee experience
Contents1 What is the news? 2 About Gurnah’s work3 What is the significance of his work in the contemporary world? 4 About the Nobel Prize in literature What is the news? This year’s Nobel Prize for Literature is awarded to “Abdulrazak Gurnah”, who was born in Zanzibar and now lives in the UK. He became the fifth African writer to… Continue reading Explained: Importance of Nobel winner Abdulrazak Gurnah’s writing in highlighting the refugee experience
Nobel Prize for Physics Goes to 3 for Climate Discoveries
What is the news? Nobel Prize for physics 2021 has been awarded to scientists Syukuro Manabe, Klaus Hasselmann, and Giorgio Parisi. This is the first time climate scientists have been awarded the Physics Nobel. About the discovery Manabe and Hasselmann were cited for their work in “the physical modeling of Earth’s climate, quantifying variability and reliably predicting global warming”. Manabe demonstrated how an increase in the amount of carbon… Continue reading Nobel Prize for Physics Goes to 3 for Climate Discoveries
Expained: The economics of Auction Theory
News: Royal Swedish Academy of Sciences has awarded the 2020 Nobel Prize for Economics — to Paul R Milgrom and Robert B Wilson for their work on auction theory and new auction formats. Facts: Auction Theory: It is an applied branch of economics which deals with how people act in auction markets and researches the… Continue reading Expained: The economics of Auction Theory
