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LLOYD SHAPLEY
Wealth Quote of the Day by Lloyd S. Shapley: “A player's true worth in any coalition is the average marginal contribution across all possible group combinations” — why strategic collaboration drives lasting wealth- What drives the unstoppable growth of India's wedding economy?
- This year's Nobel Prize in economics celebrates an idea that has failed India
- Economics Nobel for Lloyd Shapley, Alvin Roth rewards theory as well as practiceIn a discipline notorious for mathematical high-jinks and ivory tower theorising, Shapley and Roth’s intergenerational pairing proved to be...17 Oct, 2012, 04.48 AM IST
- Choose the right Nobel winnerForget tweaking NREGS, morph it into an apprenticeship programme to transform our labour market.17 Oct, 2012, 03.31 AM IST
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