American, American Israeli, Win Nobel Prize in Economics
VOA - American Thomas Schelling and Israeli and U.S. citizen Robert Aumann have won this year's Nobel Prize in Economic Sciences.
The award was announced Monday morning at the Royal Swedish Academy of Sciences in Stockholm. The two were cited for their work on game theories that help explain economic conflicts.
The academy says their work enhanced understanding of economic conflict and cooperation. It says the games theory approach clarifies the "reason for being" for many institutions from merchant guilds and organized crime to wage negotiations and international trade agreements.
The two men will share the $1.3 million cash award that accompanies the prestigious prize.
The economics prize is the only Nobel award that was not established in the will of Swedish industrialist Alfred Nobel in 1901. It was set up by the Swedish central bank in 1968.
source: voanews.com
The award was announced Monday morning at the Royal Swedish Academy of Sciences in Stockholm. The two were cited for their work on game theories that help explain economic conflicts.
The academy says their work enhanced understanding of economic conflict and cooperation. It says the games theory approach clarifies the "reason for being" for many institutions from merchant guilds and organized crime to wage negotiations and international trade agreements.
The two men will share the $1.3 million cash award that accompanies the prestigious prize.
The economics prize is the only Nobel award that was not established in the will of Swedish industrialist Alfred Nobel in 1901. It was set up by the Swedish central bank in 1968.
source: voanews.com


1 Comments:
Allah Able Enough Enforces His Will !
Allah Able Enough Enforces His Will !
by: greatglobalist
Top > World News > China urges EU to "trash" arms embargo ahead of Hu visit
1 Sell what you are showing is a good principle because you are showing what you like to sell otherwise in Black Market ofcourse!
2 Tell them what you don't have is a great principle because what you have could'nt be all!
At varied circumstances and special occasions Europe had unitedly looked away from Regimes many-a-where as the toppled .
The Regime's anti modern social and undemocratic behavior should be of no practical value for The EU to wait it too!
The Regime has been arranged to show at it's fullest till least and honestly we write ,fight, and naturally we prevail!Allah Able Enough Enforces His Will!Allah o Akber! Ya Al Azeem!
A totally dependant World has been unable to sketch Infrastructureing of real desired value to Economic Development and Social Progress, and unable to sketch Structural Representation or project The Public Motivation or Natural Arisen Requirements in Feilds that The States have taken control of from Public's !
Common grounds of weakness and prejiduce have shaped the last decade and definitevely the world stands divided but for an element busy carpetbagging time and effort out from long and tiring Public Democratic Movement's that destablised Regimes and brought forward this assorted waste in shape of The Regime which now must be trashed everywhere and for good!
The Business and Media Communication is at perfect level unless those who feel pressured must change channels and look for brand new suitable compatible Electronic Media Machine although Internet is quite a final ground already!
The Regime is ignoring Bankrupted World in feilds of Government everywhere in World and a Collapsed World Economy and only living by pushing counter-action to sanity by applying Threats and Bribes burdening painfull attributes and menace over Social Norms from illicit wealth extracted from Publics everywhere and tarrying on deliberate Press and Communication Shortage until Military operation's are imposed!
Industrial Exports in name of Security are blocking Mineral Compassion sui offered but that by countries which in Principle cannot get Assurance of Confidence or Warmth of Partnership from the falling Regimes at all,and two more decades of definitive estimated and discussed Global Prosperity has wasted in vain quest of The Regime to aquire Reign's of Planet, for which The Nation's unitedly offered sacrifices and publics won freedoms !
The Modren Technology has united out from most Complications to full strength of Art and Sciences Completion's and within simple understanding and Man's curiosities towards his real Positive Theology and ample freedom to respect common Traffic and Country laws and abide for more Democratic Order to aquire Self Governance in truth that from beginning of this Century the Democratically driven publics recieved a Colonial Official modren Governance -Civil Government] that introduced Democratic and Republics as first Protocol at Divisional and Provincial levels and that has practicalised successfully uptil The Transfer of Powers [Devolution]directly for Public Rule through Democratisation!
Shahzada Sher Saddozai
Graphic Communication Technologist.World Statesman...Pakistan
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