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Which notable prize did Alvin E. Roth win in 2012?

  • The Field's Medal

  • The Abel Prize

  • The Turing Award

  • The Nobel Memorial Prize in Economic Sciences

Answer

Alvin E. Roth won the Nobel Memorial Prize in Economic Sciences in 2012. The prize was awarded for his work on Theory of matching markets, which he developed with Lloyd Shapley. Matching markets are used to allocate people to jobs, students to schools, and organs to transplant recipients. Roth's work has helped to improve the efficiency of these markets and has made them more equitable.
The Mastermind of Market Design: Alvin E. Roth Quiz

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