science

Hicks-Tinbergen Award

Hicks-Tinbergen Award is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Hicks-Tinbergen Award rather than just read about it. In short: The Hicks-Tinbergen Award is a biennial prize in economics awarded by the European Economic Association (EEA) to the author(s) of the best article published in the EEA's journal within the two preceding years. History The Hicks-Tinbergen Award was created in 1991 and is named in honour of the Dutch econometrician Jan Tinbergen and the British economist John Hicks to show that the EEA supports both theoretical and em…

Key takeaways

Hicks-Tinbergen Award belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Hicks-Tinbergen Award to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Hicks-Tinbergen Award from memory before moving on to harder problems.

Reference excerpt

History The Hicks-Tinbergen Award was created in 1991 and is named in honour of the Dutch econometrician Jan Tinbergen and the British economist John Hicks to show that the EEA supports both theoretical and empirical economic research in Europe. Until 2002, the journal of the EEA was the European Economic Review, which was subsequently replaced by the Journal of the European Economic Association. The Hicks-Tinbergen Award is generally awarded at the EEA's Annual Congress, after a committee of three economists has selected the winner among the nominations submitted by EEA members.

Past Recipients A complete list of the past recipients of the Hicks-Tinbergen Award can be found on the website of the EEA.

Worked examples

Example 1 — a first encounter with Hicks-Tinbergen Award

Start with the simplest possible case. Write down what Hicks-Tinbergen Award claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Hicks-Tinbergen Award before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Hicks-Tinbergen Award ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Hicks-Tinbergen Award

In research: Hicks-Tinbergen Award appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Hicks-Tinbergen Award in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Hicks-Tinbergen Award is common in secondary-school and first-year university syllabi. It links to neighbouring topics Economics awards, so understanding it makes those chapters shorter.
In everyday life: Look for Hicks-Tinbergen Award outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Hicks-Tinbergen Award in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Hicks-Tinbergen Award means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Hicks-Tinbergen Award out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Hicks-Tinbergen Award in simple terms?

The Hicks-Tinbergen Award is a biennial prize in economics awarded by the European Economic Association (EEA) to the author(s) of the best article published in the EEA's journal within the two preceding years. History The Hicks-Tinbergen Award was created in 1991 and is named in honour of the Dutch…

Why does Hicks-Tinbergen Award matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Hicks-Tinbergen Award?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Hicks-Tinbergen Award.