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Lloyd Shapley's research in game theory helped in?

  • Space Exploration

  • Market Design

  • Medical Research

  • Computer Programming

Answer

Market Design is a field that uses game theory to design markets that are efficient and fair. Lloyd Shapley's research in game theory helped to develop Theoretical foundations of market design. His work on the Shapley value, which measures the contribution of each player to a cooperative game, has been used to design markets for a variety of goods and services, including school choice, kidney exchange, and airport slots.
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