# Thesis-advisor/student pairs that won the nobel prize

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?

This seemed like a fun exercise, so using just the info on Wikipedia, I was able to compile this:

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.

• Looks like this list is due for an update, with another advisor-student pair, Wilson and Milgrom, being awarded this year's Nobel. Oct 12 '20 at 21:40
• @HerrK. Thanks for the heads-up. I'll try to find time to update this soon. Oct 16 '20 at 18:02

In his Family Tree of Trade Economists Alan Deardoff indicates some links between teachers, students and academic siblings. I guess that "teacher" includes "advisor", but probably more.

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

By the way, there is a triplet:

Update on a new quadruplet (October 2020):

• Holmstrom is also a student of Wilson's. Oct 20 '20 at 9:05
• @HerrK. that's quite true. Thanks! Oct 20 '20 at 9:37

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"