Jean Tirole has won the Nobel prize in economics for his work on competition.
MAKING sure companies compete fairly is a tricky business. The firms being regulated know far more about their business than those doing the regulating; bureaucrats can easily end up being too heavy-handed or too lax. On October 13th Jean Tirole, a French economist at the Toulouse School of Economics, was awarded the Nobel prize in economics for his work on this conundrum—“industrial organisation”, in the jargon.
Do you believe in yourself to win a Nobel prize? If not, then why not?
