This year’s Francqui Prize, often dubbed ’the Belgian Nobel Prize’, has been awarded to three KU Leuven economists: Laurens Cherchye, Bram De Rock, and Frederic Vermeulen. For the first time in the history of the Prize, there are three laureates - a perfect illustration of what team science can accomplish.
The three economists from the KU Leuven Faculty of Economics and Business have developed a methodology to reliably explain and predict the decisions made by individual family members and the distribution of money and time within families. ...
