They are the new winners of the Nobel Prize. I'll be adding updated information for the next hour or two, so if you use RSS please visit the blog's home site for the latest!
This is a prize for search theory and labor markets and job matching, all very important ideas today, especially in the United States. It is a well deserved prize and all authors have produced very well-cited and very influential papers. It is a theory prize, although Diamond in particular also has some empirical papers. I'll write a separate post for each economist.