Trio Win Nobel Economics Prize for 'Natural Experiments'
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Canadian David Card, Israeli-American Joshua Angrist and Dutch-American Guido Imbens on Monday won the Nobel Economics Prize for insights into the labor market and "natural experiments," the jury said.
The researchers were honored for providing us "with new insights about the labor market" and showing "what conclusions about cause and effect can be drawn from natural experiments," the Nobel committee said in a statement.