Robert J. Aumann
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2005
Born: 8 June 1930, Frankfurt-on-the-Main, Germany
Affiliation at the time of the award: University of Jerusalem, Center for RationalityHebrew, Jerusalem, Israel
Prize motivation: “for having enhanced our understanding of conflict and cooperation through game-theory analysis”
Prize share: 1/2
Robert Aumann was born in Frankfurt-am-Main, Germany, to an orthodox Jewish family. In 1938, the family emigrated to New York, USA, due to the Nazi persecution of Jews. He had a broad education, with a special interest in mathematics and entered the MIT in Boston for graduate studies. Aumann moved to Jerusalem, Israel, in 1956. He has five children and many grandchildren.
Robert Aumann was awarded the Prize in Economic Sciences for his theory of repeated games, which enhances our understanding of the prerequisites for cooperation. Insights into these issues help explain economic conflicts, such as price wars and trade wars. He was educated at MIT in Boston, where he received his Ph. D. in 1955. After moving to Israel in 1956, he was a member of the mathematics faculty at the Hebrew University of Jerusalem.
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