How has Ariel Pakes not won the Nobel Prize yet?

How many people start not one, not two, but three entire lines of literature? It‘s a travesty they’ve waited as long as they did, and he should get it next year, along with Berry and probably Bresnahan.

BLP is ubiquitous, modern production function estimation is a variant of Olley-Pakes, he’s behind dynamic discrete games, and that’s just the start.

I could do the same rant about Steven Berry, to be fair. The contraction mapping was a first order achievement. He’s younger, though.