Game theory trio share Nobel prize

From: The Independent - London | Date: October 12, 1994| Author: ROBERT CHOTE, Economics Correspondent | Copyright information

THREE academics are to share the pounds 590,000 Nobel prize for economics for their pioneering work in "game theory". This has helped explain why workers go on strike, why politicians break their promises and why you can often wait ages for a bus only for two or three to turn up at once.

John C Hasranyi, of the University of California at Berkeley, John F Nash, of Princeton University, and Reinhard Selten, of the University of Bonn, were awarded the prize by the beleaguered Swedish cen...

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