Posts Tagged Thomas Schelling

Thomas Schelling – a true polymath of genius

Thomas Schelling - a true polymath of genius

Thomas Schelling is probably best known in economics for his contributions to game theory. Indeed the citation for his 2005 Nobel Prize states it was for “having enhanced our understanding of conflict and cooperation through game theory analysis”. In the early, tense years of the Cold War

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Kenneth Arrow proved economists needn’t be loud to make a difference

Kenneth Arrow proved economists needn’t be loud to make a difference

Does winning the Nobel Prize in economics cause longevity?  We might be forgiven for thinking so.  Thomas Schelling died last year aged 95.  The author of the famous textbook, Paul Samuelson, passed away at 94, whilst his colleague, Bob Solow, is still going strong at 92.  The

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Farewell to the game theory master who helped prevent a nuclear apocalypse

Farewell to the game theory master who helped prevent a nuclear apocalypse

Last year was a year of celebrity deaths. But perhaps the most significant of all received very little coverage. Just before Christmas, Thomas Schelling, Nobel Laureate in economics, died aged 95. In the early, tense years of the Cold War between America and the Soviet Union in

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Rising Residential Segregation, but Less Racial Prejudice: How Can This Be?

Britain is becoming more sharply divided on ethnic lines, according to a study just published by the think-tank Demos. During the past decade, more than 600,000 white people have moved out of London to areas which are more than 90 per cent white. The effect is strongest

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A stitch in time. We need smarter government, but less of it

What is the connection between the content of Boris Johnson’s speech this week to the CBI, tax avoidance and evasion, executive pay, petty crime and plagiarism by students?  This is yet another one where economics can help us with the solution. Economists have long used the example

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