Monday, October 15, 2012

Roth and Shapley Win Nobel in Econ

Alvin Roth and Lloyd Shapley win Nobel in economics for algorithms for matching.

Everything I know about this subfield I learned from my friend Atila A., here at Duke.  Here is a paper he coauthored with Roth, in the AER.  It's an interesting and important problem, though the "solutions" are highly technical.  But this paper is quite accessible.


1 comment:

Angus said...

Mungo! You don't remember Jim Little teaching us how to compute the "Shapley-Shubik power index"? That was a highlight of grad school!