Israeli, American professors share Nobel Prize in Economic Sciences

Professor Thomas C. Schelling of the University of Maryland made a speech in the university on Oct 10, 2005 after he learnt he was awarded the Nobel Prize in Economic Sciences. Schelling and Aumann shared the 1.3-million-dollar prize "for having enhanced our understanding of conflict and cooperation through game-theory analysis," the Royal Swedish Academy of Sciences said.

Professor Thomas C. Schelling of the University of Maryland made a speech in the university on Oct 10, 2005 after he learnt he was awarded the Nobel Prize in Economic Sciences. Schelling and Aumann shared the 1.3-million-dollar prize "for having enhanced our understanding of conflict and cooperation through game-theory analysis," the Royal Swedish Academy of Sciences said.

Professor Thomas C. Schelling (C) of the University of Maryland and his wife were congratulated by the president of the university.