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Nobel Prize in mathematics awarded to A. Roth and L. Shapley.

For discovering and using mathematical formulas to match supply and demand in markets where prices don't do the job.

So this prize rewards Operations Research gurus for their original inventory management strategies in constrained markets. Actually, it's a Nobel Prize in economics: the Nobel Prize in mathematics does not exist.

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Comment by Dr. Antony Browne on October 18, 2012 at 2:41am

There is as suspicion that there is no Nobel prize in Mathematics because Nobel's Wife ran off with a Mathematician...

 

Tony

Comment by BALTAZAR MORALES on October 17, 2012 at 12:50pm

 What is the exact name of the algorithm used by the awardees? Where can we find a description with practical application cited?

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