The BBVA Foundation Frontiers of Knowledge Awards in Economics, Finance and Management has gone in this sixteenth edition to Partha Dasgupta (University of Cambridge) for laying the foundations of environmental economics, through his pioneering work “on the interaction between economic life and the natural environment, including biodiversity,” said the committee in its citation. His research, dating back to the 1970s, has provided “a basis for analyzing how societies with a fixed quantity of depletable resources should allocate resources over time and invest in alternative technologies,” to facilitate their conservation.
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