US duo Roth, Shapley win Nobel Prize for Economics | Bangkok Post: news

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US duo Roth, Shapley win Nobel Prize for Economics

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US scholars Alvin Roth and Lloyd Shapley won the Nobel Economics Prize for their work on how to best match supply and demand that has potential applications in organ donation, education and on the Internet. 

Professor Alvin Roth (L), seen here on October 15, is one of the winners of the Nobel Economics Prize. US scholars Roth and Lloyd Shapley won the Nobel Economics Prize for their work on how to best match supply and demand that has potential applications in organ donation, education and on the Internet.

The two were honoured for "the theory of stable allocations and the practice of market design," the Royal Swedish Academy of Sciences said on Monday.

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