TV News LIES

Wednesday, May 22nd

Last update03:52:00 AM GMT

You are here News Domestic (USA) 2 Americans win Nobel econ prize for match-making

2 Americans win Nobel econ prize for match-making

E-mail Print PDF

Nobel Prize in EconomicsTwo American scholars won the Nobel economics prize Monday for work on match-making - how to pair doctors with hospitals, students with schools, kidneys with transplant recipients and even men with women in marriage.

Lloyd Shapley of UCLA and Alvin Roth, a Harvard University professor currently visiting at Stanford University, found ways to make markets work when traditional economic tools fail.

Shapley, 89, came up with the formulas to match supply and demand in markets where prices don't do the job; the 60-year-old Roth put Shapley's math to work in the real world.

Unlike some recent Nobel prizes - such as the Peace Prize that went to the embattled European Union last week - this year's economics award did not seem to send a political message.

More...


Most Recent Related Stories...


9th Circuit Court strikes down Arizona abortion law

Arizona abortion lawThe Ninth U.S. Circuit Court of Appeals has struck down Arizona’s ban on abortions performed after...

Supreme Court will not order new Mississippi elections in NAACP case

Supreme CourtThe US supreme court will not order new legislative elections in Mississippi over complaints about the...

Death toll in Oklahoma tornado reduced from 51 to 24 |

TornadoThe state medical examiner's office has revised the death toll from a tornado in an Oklahoma...

IG: Prosecutor improperly leaked 'Fast and Furious' memo

Fast and Furious memo leakAn internal Justice Department inquiry found that a former Arizona federal prosecutor improperly disclosed information to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!