Economic Sciences

Press release

English 10 October 2005 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2005, jointly to Robert J. Aumann Center for Rationality, Hebrew University of Jerusalem, Israel and Thomas C. Schelling Department of Economics and School of Public Policy, University of Maryland, College Park, MD, USA, “for…

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The Prize in Economic Sciences 2005 Robert Aumann and Thomas Schelling have contributed to enhancing our understanding of conflict and cooperation. They have achieved this by extending and applying game theory – a method used to analyze strategic interaction among different agents. Their work has transformed the social sciences far beyond the boundaries of economics.…

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