03/18/2010 05:12 am ET | Updated May 25, 2011

Were The Economics Nobel Prize Winners "Ironic" Choices?

The odds favorite to win the Nobel, Eugene Fama, lost the prize to two other Americans, Elinor Ostrom and Oliver Williamson.

Ostrom & Williamson study the way decisions are made outside of markets, which is the focus of many other economists.

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