Two U.S. Economists Announced As Winners Of Nobel Economics Prize

Winners of the 2012 Nobel Prize in Economic Sciences, American economists Alvin Roth (L) and Lloyd Shapley, are presented on a screen during a press conference held by the Royal Swedish Academy of Sciences in Stockholm, Sweden, on Oct. 15, 2012. <Xinhua/Liu Yinan>

Lloyd Shapley, one of two Americans who were awarded the Nobel economics prize, is photographed at his home in the Pacific Palisades area of Los Angeles Monday, Oct. 15, 2012. Shapley, 89, and Alvin Roth were awarded the Nobel economics prize on Monday, for studies on the match-making that takes place when doctors are coupled up with hospitals, students with schools and human organs with transplant recipients. The work of Roth and Shapley has sparked a flourishing field of research and helped improve the performance of many markets, the Royal Swedish Academy of Sciences said. Shapley is a professor emeritus at University of California Los Angeles. <AP Photo/Reed Saxon>

This photo provided by Stanford News Service, shows Alvin Roth taking a phone call, after being awarded the Nobel economics prize, at his home in Menlo Park, Calif. on Monday, Oct. 15, 2012. Roth, 60, and Lloyd Shapley, 89, two American scholars, were awarded the Nobel economics prize on Monday, for studies on the match-making that takes place when doctors are coupled up with hospitals, students with schools and human organs with transplant recipients. The work of Roth and Shapley has sparked a flourishing field of research and helped improve the performance of many markets, the Royal Swedish Academy of Sciences said. <AP Photo/Stanford News Service, Linda A. Cicero>

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