Certainly Williamson was expected to win sooner or later (sooner rather than later), in fact I predicted him to be winning, yesterday (and a year ago, and two years ago…). But then together with Hart and Holmstrom…. Honestly, I have to say that I have never heard of Elinor Ostrom, before discussing whether I have read anything of what she’s written. But perhaps it is high time I found out more about her work– before I decide to call half of this prize a flop, just as the Literature and the Peace Nobels this year (what happened with these Nobel committees?!…)… Meanwhile congratulations to Oliver Williamson of course; this is a very deserved and, in fact, very delayed honour!