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Why was George Stigler awarded the Noble Prize in Economics in 1982?

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Why was George Stigler awarded Noble Prize Economics in1982?Name: George Stigler.
Real Name: George Joseph Stigler.
Country: United States.
Date of Birth: January 17, 1911.
Died: December 01, 1991.
Education: BA from University of Washington, Master of Business Administration from Northwestern University, and Ph.D. from University of Chicago.
Subject Of Study: Market national economy regulation
Profession: American Economist.
Popularly Known: Developing the Economic Theory of Regulation.
Noble Prize Year: Nobel Prize for Peace in 1982, for his seminal studies of industrial structures, functioning of markets, and causes and effects of public regulation.

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