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Game Theory

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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… Interesting. It would be nice to know if somebody already applied this theory somewhere.

Update: These two turned to be nothing more than warmongers. Protest action against the Nobel Prize for Prof. Aumann and Thomas Schelling.

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Posted by Haitham Sabbah on Tuesday, October 11, 2005, at 1:28 am. Filed under Good News, Science and Technology. Tagged , . Follow any responses to this post with its comments RSS feed. Comments are closed, but you can trackback from your blog.

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  1. Balanced News Blog | October 11, 2005 at 3:09 am | Permalink

    Game theory economists share Nobel prize

    A pair of game theorists who defined chess-like strategies in politics and business that can be applied to arms races, price wars and actual warfare won the Nobel Prize in Economic Sciences on Monday.
    Israeli-American Robert J. Aumann and U.S. citize…

  2. Sabbah’s Blog » Blog Archive » Protest action against the Nobel Prize for Prof. Aumann and Thomas Schelling | October 26, 2005 at 11:44 am | Permalink

    [...] To The Royal Swedish Academy of Sciences: We, the undersigned, protest your decision to award the 2005 Nobel Prize in Economic to Professors Robert J. Aumann and Thomas C. Schelling [...]

  3. Protest action against the Nobel Prize for Prof. Aumann and Thomas Schelling | Sabbah's Blog | January 14, 2008 at 10:24 pm | Permalink

    [...] the undersigned, protest your decision to award the 2005 Nobel Prize in Economic to Professors Robert J. Aumann and Thomas C. Schelling. The Academy's reasoning that these persons have "enhanced our understanding of [...]