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 ...

“They’ve been talked about as likely winners for a long time now, so it’s not really a huge surprise they’ve been chosen,” Princeton economics professor Dilip Abreu GS ’83 said. “It was a matter of ...

Want to know how to get your dream job or the perfect mate? Just do the math. You may have thought you'd never need math once you got out of school, but it's funny how the principals of math still ...

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 ...