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Latest Robert Aumann Stories

2006-01-12 18:05:00

By Kevin Plumberg NEW YORK -- Game theory, a science of solving conflicts based on individuals choosing the best outcome for themselves, may offer everyone from the hard-bitten day trader to a corporate chief executive a framework for making tough decisions. Robert Aumann, co-winner of the 2005 Nobel prize in economics for his work in game theory, said the concept has practical applications for everything from auctions of oil leases to resolving geopolitical conflicts. Aumann's own work on...

2005-10-10 13:38:40

By Patrick Lannin STOCKHOLM (Reuters) - An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on "game theory," which can help explain and resolve trade and business conflicts, and even play a role in avoiding war. The Royal Swedish Academy of Sciences gave the 10 million crown prize to Thomas Schelling and Robert Aumann for work that has found uses in "security and disarmament policies, price formation on markets, as well as economic and...

2005-10-10 09:15:09

By Patrick Lannin STOCKHOLM (Reuters) - An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on "game theory," which can help resolve trade and business conflicts, and even play a role in avoiding war. The Royal Swedish Academy of Sciences awarded the 10 million crown prize to Thomas Schelling and Robert Aumann for work that has found uses in "security and disarmament policies, price formation on markets, as well as economic and political...

2005-10-10 10:09:29

By Patrick Lannin STOCKHOLM (Reuters) - An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on "game theory," which can help explain and resolve trade and business conflicts, and even play a role in avoiding war. The Royal Swedish Academy of Sciences gave the 10 million crown prize to Thomas Schelling and Robert Aumann for work that has found uses in "security and disarmament policies, price formation on markets, as well as economic and...

2005-10-10 07:26:40

By Patrick Lannin STOCKHOLM (Reuters) - An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on the "game theory" analysis of strategic options, which can help resolve conflicts in trade and business -- and even avoid war. The Royal Swedish Academy of Sciences awarded the 10 million crown prize to Thomas Schelling and Robert Aumann for work that has found uses in "security and disarmament policies, price formation on markets, as well as economic...

2005-10-10 06:35:05

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. Their studies have found uses in "security and disarmament policies, price formation on markets, as well as economic and political negotiations," said the Royal Swedish Academy of Sciences awarding the 10 million crown prize. Aumann, 75, was born in...

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. Their studies have found uses in "security and disarmament policies, price formation on markets, as well as economic and political negotiations," said the Royal Swedish Academy of Sciences awarding the 10 million crown ($1.3 million) prize.


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'