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Latest Nobel Memorial Prize in Economic Sciences Stories

2005-10-10 06:30:58

STOCKHOLM (Reuters) - Israel's Robert Aumann and American Thomas Schelling won the 2005 Nobel economics prize on Monday for their "game-theory analysis," which can help resolve conflicts in trade and business -- and even avoid war.

2005-08-18 18:43:14

This year's Nobel Prizes will be worth the equivalent of $1.3 million each - a drop of $200,000 from last year because of currency fluctuations, the Nobel Foundation said Thursday.


Word of the Day
cowpooling
  • The practice of two or more parties jointly purchasing all or part of a butchered cow and dividing the meat between them.
The word 'cowpooling' was formed on the model of 'carpooling'.