Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L) and Member of the Prize Committee and expert Timo Boppart speak via phone with US economist Michael Woodford following the announcement of the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

A Palestinian farmer rests as she harvests her olives near the village of Turmus Ayya, north of the city of Ramallah, in the Israeli-occupied West Bank on October 12, 2026. The olive harvest starts in the West Bank in October and makes up a large component of the agricultural economy and cultural life for most Palestinians. Violence has flared in recent months in the West Bank with near-daily attacks, thefts or vandalism by Israeli settlers against Palestinians. Extremist Israeli settlers have been seizing olive groves owned by Palestinians, who see the trees as a cultural symbol. Some 500,000 Israeli settlers live in the West Bank, which Israel captured in 1967, among three million Palestinians. Settlements in occupied territory are illegal under international law. The olive harvest is a major component of the West Bank's agricultural economy, rural livelihoods and cultural life. The Ministry of Agriculture estimates that around 750,000 dunums are planted with olive trees in the West Bank. Olive trees make up about 45% to 48% of all agricultural land in the West Bank and Gaza, and account for roughly 70% of fruit production. (Photo by JOHN WESSELS / AFP via Getty Images)

Palestinian farmers harvest their olives near the village of Turmus Ayya, north of the city of Ramallah, in the Israeli-occupied West Bank on October 12, 2026. The olive harvest starts in the West Bank in October and makes up a large component of the agricultural economy and cultural life for most Palestinians. Violence has flared in recent months in the West Bank with near-daily attacks, thefts or vandalism by Israeli settlers against Palestinians. Extremist Israeli settlers have been seizing olive groves owned by Palestinians, who see the trees as a cultural symbol. Some 500,000 Israeli settlers live in the West Bank, which Israel captured in 1967, among three million Palestinians. Settlements in occupied territory are illegal under international law. The olive harvest is a major component of the West Bank's agricultural economy, rural livelihoods and cultural life. The Ministry of Agriculture estimates that around 750,000 dunums are planted with olive trees in the West Bank. Olive trees make up about 45% to 48% of all agricultural land in the West Bank and Gaza, and account for roughly 70% of fruit production. (Photo by JOHN WESSELS / AFP via Getty Images)

Timo Boppart (C-L), member of the Committee for the Prize in Economic Sciences and expert, addresses the press after the announcement of US macroeconomists Robert E Hall and Michael Woodford as the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Timo Boppart (R), member of the Committee for the Prize in Economic Sciences and expert, addresses the press after the announcement of US macroeconomists Robert E Hall and Michael Woodford as the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Israeli settlers record on their mobile phones Palestinian farmers harvesting their olives near the village of Turmus Ayya, north of the city of Ramallah, in the Israeli-occupied Palestinian West Bank on October 12, 2026. The olive harvest starts in the West Bank in October and makes up a large component of the agricultural economy and cultural life for most Palestinians. Violence has flared in recent months in the West Bank with near-daily attacks, thefts or vandalism by Israeli settlers against Palestinians. Extremist Israeli settlers have been seizing olive groves owned by Palestinians, who see the trees as a cultural symbol. Some 500,000 Israeli settlers live in the West Bank, which Israel captured in 1967, among three million Palestinians. Settlements in occupied territory are illegal under international law. The olive harvest is a major component of the West Bank's agricultural economy, rural livelihoods and cultural life. The Ministry of Agriculture estimates that around 750,000 dunums are planted with olive trees in the West Bank. Olive trees make up about 45% to 48% of all agricultural land in the West Bank and Gaza, and account for roughly 70% of fruit production. (Photo by JOHN WESSELS / AFP via Getty Images)

Timo Boppart (C), member of the Committee for the Prize in Economic Sciences and expert, addresses the press after the announcement of US macroeconomists Robert E Hall and Michael Woodford as the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)

Timo Boppart (R), member of the Committee for the Prize in Economic Sciences and expert, addresses the press after the announcement of US macroeconomists Robert E Hall and Michael Woodford as the winners of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026. (Photo by Jonathan Nackstrand / AFP via Getty Images)