Bloomington—Indiana University faculty and administrators are celebrating an IU professor's trip of a lifetime to Sweden to accept the Nobel Prize in economics.
Economics professor Elinor Ostrom left Friday for Stockholm, Sweden, to accept the honor.
IU Bloomington Provost and Executive Vice President Karen Hanson says the campus has been abuzz in the seven weeks since Ostrom and the world learned she had won the prize.
The 76-year-old was honored for analyzing economic governance - the rules by which people exercise authority in companies and economic systems.
She will receive her Nobel Prize Thursday in a ceremony at Stockholm Concert Hall that will be followed by the formal Nobel Prize banquet at Stockholm City Hall.