Job Market Candidates 2012-2013
ECONOMICS CONGRATULATES THEIR COLLEAGUE ALVIN ROTH ON RECEIVING THE NOBEL PRIZE IN ECONOMICS!
On December 10, 2012 Professor Al Roth received the Nobel Prize Medal in Economics from the Royal Swedish Academy of Sciences in Stockholm. He shared this year’s Nobel Prize with Lloyd Shapley from UCLA.
They were awarded the Prize for their research in designing market institutions that match different parties within the market as efficiently as possible. Al's work has connected this branch of Game Theory to real-world applications such as the assignment of medical residents to hospitals, the design of school choice mechanisms in major cities, and the creation of paired donor kidney exchanges. The Department of Economics congratulates Al on being named a NOBEL Prize winner. http://www.nobelprize.org/nobel_prizes/economics/laureates/2012/roth-photo.html