News of the WeekNOBEL PRIZE: ECONOMICS

Two Honored for the Theory and Practice of Game Theory

Science  14 Oct 2005:
Vol. 310, Issue 5746, pp. 212
DOI: 10.1126/science.310.5746.212b

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Summary

Thomas Schelling and Robert Aumann share this year's Nobel Prize in economics, Schelling for "inventing the scholarly study of arms control" and Aumann for being "the first to conduct a full-fledged formal analysis of so-called infinitely repeated games."

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