Readers & Thinkers: The 2005 Nobel Prize in Economics. What Game is the Nobel Committee Playing?

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2005 Nobel Prize in Economics. What Game is the Nobel Committee Playing? Dear All: WHO? Robert Aumann and Thomas Schelling “for having enhanced our understanding of conflict and cooperation through game-theory analysis” I completely guessed incorrectly this year. In fact, it’s the first year that the candidates were not even on my list. I guess it shows how hard it is to predict the Nobel prize in economics. WHY? I believe the award of the Nobel prize was motivated...
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Readers & Thinkers: The 2005 Nobel Prize in Economics. Prediction

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2005 Nobel Prize in Economics. Prediction Dear All: The Nobel prize for economic sciences for 2005 will be announce on Monday, October 10, 2005. I take a personal enjoyment in guessing who might win the Nobel prize each year. I also enjoy reminding people of the Nobel in economics, since it’s great to recognize significant achievement in any endeavor. In previous years, I felt that I had a pretty good idea of who would win, however this...
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Readers & Thinkers: The 2004 Nobel Prize in Economics. Post Analysis

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2004 Nobel Prize in Economics. Post Analysis Dear All: The Nobel prize for economic sciences for 2004 was announced today. It went to Ed Prescott and Finn Kydland. I had guessed Prescott for my second choice. This is 6 out of 7 years that either my 1st or 2nd choice has won the Nobel…it’s good to be lucky sometimes. I didn’t name Kydland, but he was the natural choice to go with Prescott, however, I thought it would be...
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Readers & Thinkers: The 2004 Nobel Prize in Economics. Prediction

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2004 Nobel Prize in Economics. Prediction Dear All: The Nobel prize for economic sciences for 2004 will be announced on Monday, October 11, 2004. I take a personal enjoyment in guessing who might win the Nobel prize each year. I also enjoy reminding people of the Nobel in economics, since it’s great to recognize significant achievement. This year is going to be a difficult one. I can’t really think of whom they might award the prize...
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Readers & Thinkers: The 2003 Nobel Prize in Economics. Post Analysis

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2003 Nobel Prize in Economics. Post Analysis Dear All: Franco Modigliani, Emeritus Professor at MIT, died last week on September 25, 2003. He won the Nobel prize for his work in life cycle saving and the very known M-M Theorem. The M-M original paper is one of the papers I still find to be a truly well-written paper. Simple, precise, and with dramatic conclusions. The last time I saw Franco Modigliani was at Rudi Dornbusch’s memorial. Over...
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