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A Celebration of Thomas Schelling Nobel Laureate
Thomas C. Schelling , University of Maryland economist won the 2005 Nobel Memorial Prize in Economics for his work in game theory analysis. He shares the award with Robert J. Aumann of Hebrew University in Jerusalem.
The Royal Swedish Academy of Sciences awarded the prize to Schelling and Aumann "for having enhanced our understanding of conflict and cooperation through game-theory analysis." More details are available from nobelprize.org.
Schelling, emeritus distinguished university professor in the Department of Economics and the School of Public Policy, has published highly influential works in a number of areas including nuclear proliferation and arms control, terrorism, organized crime, energy and environmental policy, climate change and racial segregation. His work on nuclear deterrence helped shape Cold War strategies. He joined the University of Maryland faculty in 1990.
Schelling began his career in 1945, working for the U.S. Bureau of the Budget, and later served as an advisor in the Truman administration. He taught for many years at Yale and Harvard, and has been honored with membership in the National Academy of Sciences, the Institute of Medicine and as a fellow in the American Academy of Arts and Sciences.