<p>In his <a href="http://www-personal.umich.edu/%7Ealandear/tree/INDEX.HTM" rel="nofollow noreferrer">Family Tree of Trade Economists</a> Alan Deardoff indicates some links between teachers, students and academic siblings. I guess that &quot;teacher&quot; includes &quot;advisor&quot;, but probably more.</p>
<ul>
<li>Leontief was <a href="http://www-personal.umich.edu/%7Ealandear/tree/Z44.HTM" rel="nofollow noreferrer">Samuelson</a>'s teacher.</li>
<li>Samuelson and Meade were <a href="http://www-personal.umich.edu/%7Ealandear/tree/Z123.HTM" rel="nofollow noreferrer">Mundell</a>'s teachers.</li>
<li><a href="https://en.wikipedia.org/wiki/Richard_Stone" rel="nofollow noreferrer">Stone</a> was <a href="https://en.wikipedia.org/wiki/Angus_Deaton" rel="nofollow noreferrer">Deaton</a> and <a href="https://en.wikipedia.org/wiki/James_Mirrlees" rel="nofollow noreferrer">Mirrlees</a>' advisor.</li>
</ul>
<p>Update on <em>three</em> new advisor-student pairs (October 2020)</p>
<ul>
<li><a href="https://en.wikipedia.org/wiki/Robert_B._Wilson" rel="nofollow noreferrer">Wilson</a> was <a href="https://en.wikipedia.org/wiki/Paul_Milgrom" rel="nofollow noreferrer">Milgrom</a>, <a href="https://en.wikipedia.org/wiki/Bengt_Holmstr%C3%B6m" rel="nofollow noreferrer">Holmstrom</a> <em>and</em> <a href="https://en.wikipedia.org/wiki/Alvin_E._Roth" rel="nofollow noreferrer">Roth</a>'s advisor.</li>
</ul>
<p>By the way, there is a <strong>triplet</strong>:</p>
<ul>
<li>Arrow / <a href="http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2007/maskin-bio.html" rel="nofollow noreferrer">Maskin</a> / Tirole</li>
</ul>
<p>Update on a new <strong>quadruplet</strong> (October 2020):</p>
<ul>
<li>Arrow / <a href="http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2007/maskin-bio.html" rel="nofollow noreferrer">Maskin</a> / <a href="https://en.wikipedia.org/wiki/Abhijit_Banerjee" rel="nofollow noreferrer">Banerjee</a> / <a href="https://en.wikipedia.org/wiki/Esther_Duflo" rel="nofollow noreferrer">Duflo</a></li>
</ul>

CC BY-SA 4.0
2020-10-20T09:05:14.043Z
[Holmstrom](https://en.wikipedia.org/wiki/Bengt_Holmstr%C3%B6m) is also a student of Wilson's.
Herr K.
CC BY-SA 4.0
2020-10-20T09:37:27.397Z
@HerrK. that's quite true. Thanks!
emeryville
CC BY-SA 4.0
2015-11-11T17:31:22.373Z
2020-10-20T09:36:36.917Z
2020-10-20T09:36:36.917Z
emeryville
<h1>Nobel Prize Advisor/Student Pair</h1>

<p>Another pair is</p>

<ul>
<li><p>Chris Sims (Nobel Memorial Prize in Economics in 2011)</p>

<ul>
<li>Shared with Thomas Sargent</li>
<li><blockquote>
  <p>"for their empirical research on cause and effect in the macroeconomy"</p>
</blockquote></li>
</ul></li>
<li><p>Lars Hansen (Nobel Memorial Prize in Economics 2013)</p>

<ul>
<li>Shared with Eugene Fama and Robert J. Shiller</li>
<li><blockquote>
  <p>"for their empirical analysis of asset prices"</p>
</blockquote></li>
</ul></li>
</ul>

<h1>Additional Note</h1>

<p>Both Thomas Sargent and Chris Sims were at Minnesota when Lars Hansen was working on his PhD there. They both worked closely with Lars and contributed to his development.</p>

<h1>Sources</h1>

<ul>
<li><a href="http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/" rel="noreferrer">Nobel Prize Website</a></li>
<li><a href="http://www.igmchicago.org/wp-content/uploads/2011/10/sargentsimsnobel.pdf" rel="noreferrer">Hansen Congratulatory Talk on Sargent/Sims Nobel</a></li>
</ul>

CC BY-SA 3.0
2015-11-11T20:21:21.790Z
2015-11-11T20:27:46.063Z
2015-11-11T20:27:46.063Z
cc7768
<p>Harry Markowitz was effectively the advisor of William F. Sharpe and they shared the Nobel over portfolio theory. </p>

CC BY-SA 3.0
2015-11-12T20:36:15.460Z
2015-11-12T20:36:15.460Z
BKay
<p>This seemed like a fun exercise, so using just the info on <a href="https://en.wikipedia.org/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economics" rel="noreferrer">Wikipedia</a>, I was able to compile this:</p>

<p><a href="https://i.sstatic.net/2uT9x.png" rel="noreferrer"><img src="https://i.sstatic.net/2uT9x.png" alt="Nobel Advisors and Students"></a></p>

<p><strong>Honourable mentions</strong>, who I classify as economists who have at least two students who have won the Nobel include:</p>

<ol>
<li>Wilson (Roth and Holmstrom)</li>
<li>Lovell (Prescott and Mortensen)</li>
<li>Tucker (Nash and Shapley)</li>
<li>Cassel (Myrdal and Ohlin)</li>
</ol>

<p>Another interesting fact worth mentioning is that, while Krugman’s advisor, Dornbusch, did not win the Nobel, Dornbusch’s supervisor, Mundell, did. A similar comment applies so Lovell, who was Leontief's student, and had two students who won the Prize.</p>

<p>More interesting observations: predictably, for the vast majority of these pairs, the advisor won the prize before the student. Exceptions are Leontief and Samuelson; Fama and Scholes; and Hurwicz and McFadden.</p>

<p><strong>Other triplets:</strong> </p>

<ol>
<li>Miller-Fama-Scholes</li>
<li>Leontief-Samuelson-Merton</li>
<li>Leontief-Solow-Akerlof/Diamond/Stiglitz</li>
<li>Leontief-Schelling-Spence</li>
</ol>

<p>We even have a <strong>quadruplet</strong>: Kuznets-Friedman-Markowitz-Sharpe.</p>

CC BY-SA 4.0
2020-10-12T21:40:45.267Z
Looks like this list is due for an update, with another advisor-student pair, Wilson and Milgrom, being awarded this year's Nobel.
Herr K.
CC BY-SA 4.0
2020-10-16T18:02:44.973Z
@HerrK. Thanks for the heads-up. I'll try to find time to update this soon.
Theoretical Economist
CC BY-SA 3.0
2017-10-31T12:17:25.753Z
2017-11-01T17:48:11.050Z
2017-11-01T17:48:11.050Z
Theoretical Economist
<p>I am trying to compile a list of winners of the Nobel memorial prize in economics whose thesis advisor also won the prize.</p>

<p>So far I have</p>

<p><code>Eric Maskin (advisor) / Jean Tirole (student)</code></p>

<p>Are there other pairs?</p>

<reference-request>
Thesis-advisor/student pairs that won the nobel prize
Ubiquitous
# Thesis-advisor/student pairs that won the nobel prize

(Asked by: username_0 on 2015-11-11)

I am trying to compile a list of winners of the Nobel memorial prize in economics whose thesis advisor also won the prize.

So far I have

`Eric Maskin (advisor) / Jean Tirole (student)`

Are there other pairs?

**Tags:** reference-request


---

## 4 answers

### Answer by username_5 on 2017-10-31. Score: 9 | Accepted answer

This seemed like a fun exercise, so using just the info on [Wikipedia](https://en.wikipedia.org/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economics), I was able to compile this:

[![Nobel Advisors and Students](https://i.sstatic.net/2uT9x.png)](https://i.sstatic.net/2uT9x.png)

**Honourable mentions**, who I classify as economists who have at least two students who have won the Nobel include:

1. Wilson (Roth and Holmstrom)
2. Lovell (Prescott and Mortensen)
3. Tucker (Nash and Shapley)
4. Cassel (Myrdal and Ohlin)

Another interesting fact worth mentioning is that, while Krugman’s advisor, Dornbusch, did not win the Nobel, Dornbusch’s supervisor, Mundell, did. A similar comment applies so Lovell, who was Leontief's student, and had two students who won the Prize.

More interesting observations: predictably, for the vast majority of these pairs, the advisor won the prize before the student. Exceptions are Leontief and Samuelson; Fama and Scholes; and Hurwicz and McFadden.

**Other triplets:**

1. Miller-Fama-Scholes
2. Leontief-Samuelson-Merton
3. Leontief-Solow-Akerlof/Diamond/Stiglitz
4. Leontief-Schelling-Spence

We even have a **quadruplet**: Kuznets-Friedman-Markowitz-Sharpe.

> **Comments:**
> **username_2**: Looks like this list is due for an update, with another advisor-student pair, Wilson and Milgrom, being awarded this year's Nobel.  
> **username_5**: @HerrK. Thanks for the heads-up. I'll try to find time to update this soon.  

---

### Answer by username_1 on 2015-11-11. Score: 8

In his [Family Tree of Trade Economists](http://www-personal.umich.edu/%7Ealandear/tree/INDEX.HTM) Alan Deardoff indicates some links between teachers, students and academic siblings. I guess that "teacher" includes "advisor", but probably more.

* Leontief was [Samuelson](http://www-personal.umich.edu/%7Ealandear/tree/Z44.HTM)'s teacher.
* Samuelson and Meade were [Mundell](http://www-personal.umich.edu/%7Ealandear/tree/Z123.HTM)'s teachers.
* [Stone](https://en.wikipedia.org/wiki/Richard_Stone) was [Deaton](https://en.wikipedia.org/wiki/Angus_Deaton) and [Mirrlees](https://en.wikipedia.org/wiki/James_Mirrlees)' advisor.

Update on *three* new advisor-student pairs (October 2020)

* [Wilson](https://en.wikipedia.org/wiki/Robert_B._Wilson) was [Milgrom](https://en.wikipedia.org/wiki/Paul_Milgrom), [Holmstrom](https://en.wikipedia.org/wiki/Bengt_Holmstr%C3%B6m) *and* [Roth](https://en.wikipedia.org/wiki/Alvin_E._Roth)'s advisor.

By the way, there is a **triplet**:

* Arrow / [Maskin](http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2007/maskin-bio.html) / Tirole

Update on a new **quadruplet** (October 2020):

* Arrow / [Maskin](http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2007/maskin-bio.html) / [Banerjee](https://en.wikipedia.org/wiki/Abhijit_Banerjee) / [Duflo](https://en.wikipedia.org/wiki/Esther_Duflo)

> **Comments:**
> **username_2**: [Holmstrom](https://en.wikipedia.org/wiki/Bengt_Holmstr%C3%B6m) is also a student of Wilson's.  
> **username_1**: @HerrK. that's quite true. Thanks!  

---

### Answer by username_3 on 2015-11-11. Score: 5

# Nobel Prize Advisor/Student Pair

Another pair is

* Chris Sims (Nobel Memorial Prize in Economics in 2011)

  + Shared with Thomas Sargent
  + > "for their empirical research on cause and effect in the macroeconomy"
* Lars Hansen (Nobel Memorial Prize in Economics 2013)

  + Shared with Eugene Fama and Robert J. Shiller
  + > "for their empirical analysis of asset prices"

# Additional Note

Both Thomas Sargent and Chris Sims were at Minnesota when Lars Hansen was working on his PhD there. They both worked closely with Lars and contributed to his development.

# Sources

* [Nobel Prize Website](http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/)
* [Hansen Congratulatory Talk on Sargent/Sims Nobel](http://www.igmchicago.org/wp-content/uploads/2011/10/sargentsimsnobel.pdf)


---

### Answer by username_4 on 2015-11-12. Score: 4

Harry Markowitz was effectively the advisor of William F. Sharpe and they shared the Nobel over portfolio theory.


---

