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October 15, 2012
09:28 • 7 months ago
breakingnews:

2 Americans win Nobel economics prize
AP:Alvin Roth and Lloyd Shapely have won the Nobel economics prize for the theory of stable allocations and the practice of market design. 
‘Even though these two researchers worked independently of one another, the combination of Shapley’s basic theory and Roth’s empirical investigations, experiments and practical design has generated a flourishing field of research and improved the performance of many markets,’ the academy says.
Photo: Representatives of the Swedish Royal Academy of Sciences present the winners of the Nobel Memorial Prize in Economic Sciences on Monday in Stockholm. (Henrik Montgomery / AP)

In which two economists get lumped together because someone important thought their work was similar.

breakingnews:

2 Americans win Nobel economics prize

AP:Alvin Roth and Lloyd Shapely have won the Nobel economics prize for the theory of stable allocations and the practice of market design. 

‘Even though these two researchers worked independently of one another, the combination of Shapley’s basic theory and Roth’s empirical investigations, experiments and practical design has generated a flourishing field of research and improved the performance of many markets,’ the academy says.

Photo: Representatives of the Swedish Royal Academy of Sciences present the winners of the Nobel Memorial Prize in Economic Sciences on Monday in Stockholm. (Henrik Montgomery / AP)

In which two economists get lumped together because someone important thought their work was similar.

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  1. antenor2011 reblogged this from breakingnews
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  7. misterhippity reblogged this from tanya77 and added:
    Potential nominees: Jonah Hill and Seth Rogen Elizabeth Banks and Rachel McAdams Al Pacino and Dustin Hoffman (Lifetime...
  8. ganja-gr3mlin reblogged this from shortformblog
  9. tanya77 reblogged this from shortformblog and added:
    They should lump actors together in this same way for entertainment awards.
  10. masterofonions reblogged this from satanicpowerpop and added:
    THERE IS NO FUCKING NOBEL PRIZE OF ECONOMICS...
  11. This was featured in #News
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  14. thinkingupblognamesishard reblogged this from shortformblog and added:
    In which two economists get lumped together for a prize that’s got nothing to do with Nobel’s original intention, for a...
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  16. mcginger11 reblogged this from breakingnews and added:
    YAY Econ!
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