Alvin Roth (left) and Lloyd Shapley were awarded the 2012 Nobel Prize for Economics. Prices are often the easiest way to create an efficient market–the person willing to pay the most gets the thing ...

Whether it's landing your dream job or getting the girl, a basic mathematical principle can help you in almost any situation. That's according to Hannah Fry, a mathematician at the UCL Centre for ...

IN MOST countries it is illegal to buy or sell a kidney. If you need a transplant you join a waiting list until a matching organ becomes available. This drives economists nuts. Why not allow willing ...

L'article propose de faire le point sur les jeux d'appariement (initiés par Gale et Shapley [1962]) modélisant les marchés où chaque transaction implique une relation durable avec un partenaire. Dans ...

Economics is closely associated with the idea of money, but economic life extends beyond what can be or is monetized, as shown by the winners of this year’s economics Nobel Prize, Lloyd Shapley of ...

LLOYD Shapley, who won the Nobel prize for economics in 2012, died on March 12th at the grand old age of 92. He might not have been too pleased about being memorialised on this economics blog; after ...