October 16, 2007
Nobel in Economics Goes to 3 Scholars Who Devised Tools for Allocating Scarce Goods
This year's Nobel Memorial Prize in Economic Science will be awarded to three scholars who have developed tools for analyzing and designing auctions, voting systems, and other institutions for allocating scarce goods.
The winners, announced on Monday morning by the Royal Swedish Academy of Sciences, are Leonid Hurwicz, a professor emeritus of economics at the University of Minnesota-Twin
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