Celebrating humanity's flourishing through the spread of capitalism and the rule of law
21 Jul 2021 Leave a comment
So the hype for 2012 is over. The committee has given the 2012 prize to Alvin Roth and Lloyd Shapely “for the theory of stable allocations and the practice of market design”. In a way this paper on knowhow of math and eco was bang on.
Al Roth is ofcourse someone this blog is hugely fond of and has mentioned his research a couple of times. As mostly is the case with Nobel Prizes, I am completely clueless on Shapely’s works which is sad…
The press release says:
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