Dale Mortensen
Latest Stories

20101011-192518-pic-284777661.jpg
Christopher Pissarides (shown), along with Dale Mortensen and Peter Diamond, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Bloomberg)

20101011-192518-pic-824580913.jpg
Dale Mortensen (shown), along with Peter Diamond and Christopher Pissarides, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Associated Press)

20101011-192518-pic-856687356.jpg
Peter Diamond (shown), along with Dale Mortensen and Christopher Pissarides, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Associated Press)

nobel_7521
American economist Dale Mortensen, 71, centre, is welcomed to a press conference at the University of Aarhus, in Aarhus, Denmark, Monday Oct. 11, 2010. Prof. Mortensen, along with Christopher Pissarides and Peter Diamond, has been awarded the 2010 Nobel economics prize for developing a theory that helps explain why a lot of people can remain unemployed despite a large number of job vacancies. The three men were honored for their analysis of the friction involved when buyers and sellers are paired up in markets. Mortensen is from Northwestern University in Evanston, Ill., and is currently a visiting professor at the University of Aarhus. (AP Photo/Polfoto/ Andreas Szlavik)