Americans Win Economics Nobel For Market Design | WAMU 88.5 - American University Radio

Americans Win Economics Nobel For Market Design

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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 match medical school graduates with residency programs and is even used in the market that matches human organ donors and recipients.
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