Robert J. Aumann

Robert Aumann invented the concept of correlated equilibrium. Courtesy Dr. Robert J. Aumann. In these two examples, each player knows exactly what advice the “mediator” is giving to the other player, and the mediator's advice essentially helps the players coordinate which Nash equilibrium they will play.

Thomas Schelling and Robert J. Aumann both were awarded a noble Prize in economics for developing game theory analysis in 2005. Prisoner's Dilemma is one of the best known examples of games analysed in game theory. The name's origin comes from a situation that involves two prisoners who would ...

“One obvious point in the Strangelove movie was that the Soviet doomsday thing was not a deterrent when the other side did not know in advance that it existed,” he pointed out in an interview with The New York Times in 2005, when he and the Israeli economist Robert J. Aumann were awarded the Nobel ...

Israeli-American mathematician Robert J. Aumann, the 2005 Nobel Laureate in Economics, is best known for his contributions to Game Theory. He pioneered the concept of correlated equilibrium within the concept of non-cooperative games, among other things. He won the 2005 Nobel along with Thomas ...

2005: Robert J. Aumann and Thomas C. Schelling, "for having enhanced our understanding of conflict and cooperation through game-theory analysis." 2004: Finn E. Kydland and Edward C. Prescott, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving ...

The students at the Chabad-Lubavitch yeshiva in Warsaw, Poland, got a visit from an unexpected guest, Professor Israel (Robert) J. Aumann, winner of ... Professor Israel (Robert) J. Aumann, winner of the 2005 Nobel Prize in economics, was in Warsaw for a conference at the prestigious Leon Kozminski ...

The students at the Chabad-Lubavitch yeshiva in Warsaw, Poland, got a visit from an unexpected guest, Professor Israel (Robert) J. Aumann, winner of ... Professor Israel (Robert) J. Aumann, winner of the 2005 Nobel Prize in economics, was in Warsaw for a conference at the prestigious Leon Kozminski ...