Following the announcement, Professor Per Krusell, Chairman of the Economic Sciences Prize Committee, was interviewed by freelance journalist Joanna Rose about the 2012 Prize in Economic Sciences.
Per Krusell summarised the 2012 Prize in Economic Sciences as it captures central things in people's lives, such as matching marriage partners, new doctors to hospitals and students to schools. He recounts the crucial theoretical work on game theory provided by Lloyd Shapley, and the practical applications such as matching schools and students as proven with Alvin Roth's contributions.
The Prize in Economic Sciences 2012
4-cast Television (production)
Copyright © Nobel Media AB 2012