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 ...

If you’re a medical student or recently became a doctor, no need to read further. I’ll be describing one of the most stressful and pivotal moments of your professional life, and you probably already ...

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 ...

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 ...

The Nobel Prize for Economics has been awarded to Americans Alvin Roth and Lloyd Shapley for work that has helped to craft more efficient and stable markets. Shapley, who was educated at Princeton and ...

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 ...

Trying to keep up with social media and the ever-changing algorithms of dating apps can be frustrating, especially when these algorithms are hard to understand. In a perfect world, you'd get tons of ...

On March 20th, over 30,000 training physicians received the results of their residency applications.The National Resident Matching Program (NRMP), a non profit organization established by medical ...

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 ...

“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 ...

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Two Americans, Alvin Roth and Lloyd Shapley, have won the 2012 Nobel Prize in Economics. Their research on market design has found many practical applications. It's at the heart of the system used to ...