The Prize in Economic Sciences 2012
The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2012 to Alvin E. RothHarvard University, Cambridge, MA, USA, andHarvard Business School, Boston, MA, USA, and Lloyd S. ShapleyUniversity of California, Los Angeles, CA, USA, “for the theory of stable allocations and the practice of market design”.Stable allocations – from theory to praticeThis year’s Prize concerns a central economic problem: how to match different agents as well as possible. For example, students have to be matched
